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Maharashtra sanctions ₹55.86 crore to MHADA for repair and reconstruction of Mumbai's old cessed buildings, aiding residents.

Maharashtra Releases ₹55.86 Crore for Mumbai’s Cessed Building Repairs

Maharashtra sanctions ₹55.86 crore to MHADA for repair and reconstruction of Mumbai’s old cessed buildings, aiding residents.
  • August 5, 2026
Realty stocks open higher August 5 as rupee surges to 94.89 and Iran deal nears. The RBI rate decision today could be the sector's defining catalyst.

Realty Stocks Rise as Rupee Hits 94.89 and Iran Deal Edges Closer; RBI Decision Due Today

Realty stocks open higher August 5 as rupee surges to 94.89 and Iran deal nears. The RBI rate decision today could be the sector’s defining catalyst.
  • August 5, 2026
HC sets aside order granting extra land to a bifurcated flat owners' society, says bifurcation itself is final conveyance.

Once Societies Split, Land Split Is Final: Bombay High Court

HC sets aside order granting extra land to a bifurcated flat owners’ society, says bifurcation itself is final conveyance.
  • August 5, 2026
More buyers, less money: Mumbai registered 13,316 properties in June 2026 but stamp duty revenue fell. A market running on volume, losing value.

Sri Lotus Developers to Redevelop Juhu Commercial Complex with ₹1,600 Crore GDV

Sri Lotus Developers will redevelop a Juhu commercial complex with an estimated 3.46 lakh sq ft area and ₹1,600 crore GDV.
  • August 4, 2026
The Government of Maharashtra has doubled the FSI-free allowance for wellness and recreational facilities in housing societies — from 2% to 4% of total BUA — under an amendment to DCPR 2034 notified on 6 May 2026. The revision also expands permitted uses to include Meditation Centres and Recreational Activities alongside existing Yogalayas and Fitness Centres, and introduces a new provision for commercial buildings.

BMC Doubles FSI-Free Area to 4% for Gyms, Yoga Centres: Bigger Perk for Residents

BMC doubles free-of-FSI area to 4% for fitness, yoga and meditation spaces, boosting amenities for housing society residents.
  • August 4, 2026