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Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.

Maharashtra Distributes Rs 240 Crore Stamp Duty Surcharge Grant to 28 Municipal Corporations

Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.
  • June 30, 2026
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

India’s Real Estate Gets a New Banker: Domestic Money Replaces Global Capital

Domestic investors power India’s real estate with a record 64% capital share as institutional investments climb 23% in H1 2026.
  • June 30, 2026
Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.

Mumbai Court Backs Flat Owner’s Challenge to Cluster Redevelopment Election

In a major relief for homebuyers, the Maharashtra State Co-operative Appellate Court rejected the federation’s plea to dismiss a dispute filed by Goregaon flat owner Kajal Rajani challenging the cluster redevelopment election process.
  • June 30, 2026
“In a dramatic turn, the Bombay High Court has ruled that 6 votes were not enough to remove the Chairperson of a Goregaon housing society because a newly appointed member’s voting right was denied — turning a 0.67 fraction into the decisive factor in a bitter redevelopment battle.”

Kandivali CHS Election Quashed: Court Orders Fresh Polls Over Counting Irregularities

In a major ruling, the Maharashtra Co-operative Appellate Court has upheld the quashing of Neighbourhood CHS Ltd’s 21 May 2023 election in Kandivali, citing serious counting irregularities and violation of election rules, and ordered fresh polls.
  • June 29, 2026
Hyderabad and Pune have emerged as India’s top GCC office rental markets in Q1 2026, with CPRI levels above 210 and healthy premiums, even as the pan-India GCC index cooled to 165.3 while the broader market rose.

Hyderabad Leads GCC Office Rental Index at 212.1; Pune Close at 210.7 in Q1 2026

Hyderabad and Pune have emerged as India’s top GCC office rental markets in Q1 2026, with CPRI levels above 210 and healthy premiums, even as the pan-India GCC index cooled to 165.3 while the broader market rose.
  • June 29, 2026