SquareFeatIndia

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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.
Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.

Recovery Can Be Made From Occupiers / Flat Holders: Liability Runs With the Flat, Rules Bombay High Court

In a landmark ruling, the Bombay High Court has held that society maintenance dues can be recovered from occupiers and flat holders even without registered sale agreements, ruling that liability runs with the flat and follows possession rather than paperwork.
Nirmala Sitharaman to present the union budget

“Budget FY27: Real Estate Sector Seeks Affordable Housing Boost, Rental Incentives and Tax Relief

Ahead of Union Budget FY27, Knight Frank India has urged the government to recalibrate housing policies by expanding affordable housing limits, incentivising rental housing, easing capital gains norms, and introducing central subsidies for green buildings to revive demand and support sustainable urban growth.
In a key ruling, ITAT Mumbai allowed Valencia Co-Operative Housing Society in Powai to claim tax deduction on interest earned from co-operative bank deposits, clarifying when housing societies can legally avoid tax on such income.

Full Payment to Builder Is NOT a Pre-Condition for Society Membership

In a landmark ruling, the Bombay High Court held that full payment to a builder is not a prerequisite for membership in a cooperative housing society. The court restored deemed membership for a MOFA flat buyer, emphasizing that statutory rights under the Maharashtra Ownership Flats Act cannot be denied due to payment disputes.
In a landmark ruling, the Bombay High Court has cleared the path for the BMC to take direct control of a Malad East slum rehabilitation project, rehabilitating eligible dwellers at its own expense after cancelling a private developer's NOC for non-compliance. The decision prioritizes public amenities on civic land and highlights landowner rights in Mumbai's redevelopment landscape.

SRA Tightens Grip on Sale Flats: Mandatory Freezing at IOA Stage to Secure Transit Rent and Slum Dwellers’ Rights

The Slum Rehabilitation Authority (SRA) has issued strict new directions mandating freezing of sale flats at the IOA stage in all redevelopment projects. The move aims to secure transit rent payments, protect slum dwellers’ rights, and prevent premature sale or registration of flats without full rehabilitation compliance.
Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.

Karan Johar Buys Apartment in Mumbai’s Khar West for ₹8.05 Crore

Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.