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.
In a pro-justice move, MahaREAT condoned delay in a homebuyer's appeal, recognizing MahaRERA's error in awarding possession instead of the requested refund, and will now hear the matter on merits to prevent injustice on technical grounds.

Got Extra Carpet Area in Redevelopment? No Income Tax — If Conditions Are Met

In a key ruling involving CA Divyesh Ramniklal Muni, ITAT Mumbai held that extra carpet area received in redevelopment is not taxable if purchased at a documented cost and Section 54 conditions are fulfilled.
India’s housing market saw fewer homes sold but higher transaction value in 2025, signalling a structural shift toward premium and luxury housing, according to the ICC–ANAROCK report.

How Budget 2026 Can Revive Affordable Housing in India

Despite booming luxury home sales, affordable housing in India is facing a structural collapse. As urban homeownership becomes increasingly unattainable, Union Budget 2026 could be the last chance to revive the segment through tax incentives, redefined affordability norms, and infrastructure-led growth.
Bombay HC dismisses plea: Basement & parking not a 'flat' under MCS Act → no membership in coop society. Justice Borkar upholds strict sanctioned-plan rule.

Developer Asked to Get OC or Pay Rs 129 Crore in Damages to Housing Society

Bombay High Court has upheld the arbitral award directing developer Lotus Logistics to obtain Occupation Certificate for Evertop Apartments rehab wing within extended 9 months — or pay ₹128.98 crore damages for shifting rehab FSI through fictitious “open-to-sky ducts” in revised plans, calling it an act of “deceit and misrepresentation”.
Realty stocks began trade steady today, with large developers holding ground while mid-caps traded mixed. The sector looks range-bound early as investors await intraday triggers.

🏗️ Realty Stocks Open Flat-to-Positive as Market Reopens; Early Footing Steady, Eyes on Intraday Drivers

Realty stocks began trade steady today, with large developers holding ground while mid-caps traded mixed. The sector looks range-bound early as investors await intraday triggers.
Maharashtra government has released ₹33.02 crore under PMAY-U 2.0 to support 3,302 Scheduled Caste families in building their own pucca houses across urban areas. The funds, part of the Beneficiary-Led Construction vertical, mark a key step in targeted housing assistance for urban poor.

Maharashtra Govt Approves ₹334 Crore Release Under PMAY-U 2.0 for 33,403 Urban Poor Families to Build Own Pucca Houses

The Maharashtra Government has sanctioned ₹334.03 crore (Centre ₹200.42 cr + State ₹133.61 cr) for 33,403 eligible urban poor families under PMAY-U 2.0 BLC (General category), enabling them to construct individual pucca houses in towns and municipal areas across the state. Funds to be disbursed via SNA-SPARSH system.