SquareFeatIndia

4005 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.
ITAT Mumbai has given major relief to homebuyers by holding that stamp duty value on the date of allotment, and not registration, must be considered under Section 56(2)(x) when part payment is made through banking channels at the time of booking.

Stamp Duty Value on Date of Allotment to be Considered, Not Registration Date – Big Relief for Homebuyers

ITAT Mumbai has given major relief to homebuyers by holding that stamp duty value on the date of allotment, and not registration, must be considered under Section 56(2)(x) when part payment is made through banking channels at the time of booking.
ITAT Mumbai has remanded a ₹14.44 lakh stamp duty addition for fresh adjudication after ruling that the assessee was denied proper opportunity and hearing in a hastily completed reassessment.

ITAT Mumbai Remands Stamp Duty Addition for Fresh Hearing on Natural Justice Grounds

ITAT Mumbai has remanded a ₹14.44 lakh stamp duty addition for fresh adjudication after ruling that the assessee was denied proper opportunity and hearing in a hastily completed reassessment.
In a 21-year-long battle, the Maharashtra Co-operative Appellate Court has ordered full vacant possession of Flat No. 702 in Suyog Darshan Society, Versova to Mohan Kubal, directing auction of remaining articles and appointing a new Court Receiver.

21-Year Mumbai Flat Battle Ends: Homebuyer Wins Full Possession of Versova Flat After Decades of Litigation

In a 21-year-long battle, the Maharashtra Co-operative Appellate Court has ordered full vacant possession of Flat No. 702 in Suyog Darshan Society, Versova to Mohan Kubal, directing auction of remaining articles and appointing a new Court Receiver.
Real estate stocks traded mixed in early market hours as the Nifty Realty index slipped around 1%. Shares of Godrej Properties, Lodha Developers and DLF declined, while select stocks like Oberoi Realty and Anant Raj showed mild gains as investors remained cautious.

National Builders Are Betting Big on NCR — Here’s What It Means for Homebuyers

National developers now hold 13% of NCR’s new housing supply, up from 3% in 2022. Here’s what the shift means for homebuyers across Gurugram, Noida and beyond.
MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.

21-Year Wait: MahaRERA Orders Refund + Interest from 2009 for 2005 Andheri Booking

MahaRERA has directed refund of ₹21,84,318 with interest from 5 June 2009 in Complaint No. CC006000000302896 after finding 21-year delay in handing over possession of Flat 901 in Sun Beam, Andheri West.