SquareFeatIndia

2347 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
MHADA

MHADA Waives Interest for 2005 Lottery Winner; Orders Action in Wrong Allotment Case

During its 11th Lokshahi Din, MHADA addressed two critical citizen grievances. A 2005 lottery winner under the Balkum, Thane scheme received a waiver on delayed interest, while officials were directed to take swift action in a South Mumbai property misallocation case. The session underscored MHADA’s ongoing focus on prompt and transparent governance
India's real estate sector witnessed record land acquisitions worth ₹39,742 crore in 2024

ILP 4 India 1 Acquires Prime Kurla Land Parcel for ₹193.5 Crore

In a landmark transaction, ILP 4 India 1 Pvt Ltd acquired a 3.95-acre land parcel in Mumbai’s Kurla for ₹193.5 crore. The site includes existing buildings and is zoned for industrial use under DP 2034. With strong connectivity and rising investor interest, Kurla strengthens its position as a strategic urban growth corridor.
Mumbai's rental agreement data for Q1 2025 shows a strong shift to e-registration, with 88,267 of 96,322 agreements completed online. Includes monthly breakdown of e-registrations and physical registrations.

Mumbai Leads India’s Real Estate Market in Q1 2025

Mumbai’s real estate market remained resilient in Q1 2025, with stable cap rates across office, retail, and industrial sectors. Office leasing surged 24% YoY, retail capital values outpaced rents, and industrial demand stayed strong. According to Colliers, Mumbai continues to attract long-term investors amid broader regional caution.

Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai

The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.

Ayodhya Real Estate Boom: How a Spiritual City Became India’s Hottest Investment Destination

Ayodhya is rapidly evolving from a sacred pilgrimage site into one of India’s most promising real estate markets. With land prices soaring over 4x in just five years, and a surge of infrastructure, hotels, and global tourism interest following the construction of the Ram Mandir, this ancient city is now a modern-day investment hotspot. Here’s a deep dive into the numbers, trends, and future potential of Ayodhya’s booming property and hospitality sectors.