You Can Claim Tax Exemption on House Sale Even If You Missed Filing Original ITR – Technical Delay Won’t Cost You Lakhs!

In a taxpayer-friendly order, ITAT Mumbai has held that deduction under Section 54 cannot be denied merely because no original return u/s 139(1) was filed, as long as the claim relates directly to the escaped LTCG from house sale and reinvestment conditions are met – a boon for common homebuyers facing genuine filing delays.

🏗️ Realty Stocks Open Stable After Budget Jitters and Sunday Sell-Off; Sector Assesses Policy Impact

Real estate stocks opened stable after Sunday’s budget-driven sell-off, with large developers providing support. The sector is consolidating as investors assess the moderate impact of the Union Budget.

MMRDA Ordered To Give Cash Compensation Not TDR To Landowners in Kurla

In a massive win for Mumbai landowners, Bombay HC slams MMRDA: “You can’t force TDR—pay cash as law demands!”

Union Budget 2026: Real Estate Gets Long-Term Push, But Affordable Housing Left Behind

Union Budget 2026 offers strong long-term support to real estate through infrastructure, REITs and data centres, but the absence of affordable housing incentives keeps the overall impact moderate.

Maharashtra Govt Clears Framework for Large-Scale Mumbai Police Housing Township Project

The Maharashtra government has cleared the implementation framework for a large-scale Mumbai Police Housing Township Project, with final cost and phasing to be determined after a detailed feasibility study.