SquareFeatIndia

4014 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.
ATS Knightsbridge exits insolvency after NCLT allows withdrawal of CIRP proceedings, with construction nearing completion and possession expected in 18–24 months.

ATS Knightsbridge Insolvency Case Withdrawn: NCLT Clears Project, Completion Expected in 18–24 Months

ATS Knightsbridge exits insolvency after NCLT allows withdrawal of CIRP proceedings, with construction nearing completion and possession expected in 18–24 months.
Nifty Realty opens as the worst sector on July 16 as crude climbs for a fourth straight day. IT leads while realty lags ahead of Trump's Iran address.

Realty Stocks Slide at Open as Markets Tumble; Sector Faces Broad-Based Selling Pressure

Real estate stocks came under heavy selling pressure at market open as Indian equities plunged amid global concerns. The Nifty Realty index declined along with major developers, pointing to a volatile and cautious trading session ahead.
ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.

Big Relief for Home Sellers: ITAT Mumbai Says ‘MOU Date’ Counts for Tax, Not Registration Date

ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.
The Maharashtra government has released ₹456.69 crore under PMAY-U 2.0 BLC for the first installment of already approved houses across General, SC and ST categories to speed up construction for beneficiaries.

₹1,000 Crore Released Under PMAY-G: Maharashtra Allocates ₹600 Cr Centre Share, ₹400 Cr State Share for Rural Housing

Maharashtra has approved ₹1,000 crore under PMAY-G for 2025–26, with ₹600 crore from the Centre and ₹400 crore from the state to accelerate rural housing development.
MahaRERA has deregistered the Marvel Castella project in Pune after the promoters fully refunded all 22 homebuyers and cancelled their agreements citing financial difficulties. The Authority approved the request as no allottee raised any objection.

Homebuyers Alert: MahaRERA Rejects Tharwani Ariana Deregistration Bid Amid Contradictions

MahaRERA has rejected the deregistration of Tharwani Ariana Phase IV citing serious discrepancies and lack of proper allottee protection. Promoter faces ₹20,000 penalty. Know the full timeline and what buyers should check immediately.