Society Told to Pay ₹11.38 Crore as Income from Redevelopment

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.

India Retail Leasing Hits 3.1 Mn Sq Ft in Q1 2026; 46 Mn Sq Ft Pipeline Signals Next Growth Cycle

India’s retail leasing touched 3.1 million sq ft in Q1 2026, led by metro cities, while a 46 million sq ft pipeline is set to fuel long-term sector growth.

Maharashtra Eases Security Guard Rules, Removes Age Cap and Protects Jobs

Maharashtra’s latest GR removes the maximum age limit for security guards, introduces job protections, and simplifies registration rules—impacting housing societies and employers across the state.

Realty Stocks Open Mixed as Investors Turn Selective

Indian real estate stocks opened on a mixed note as selective buying in large developers like DLF and Godrej Properties contrasted with weakness in broader realty counters. Investors are increasingly favouring financially strong developers while remaining cautious on high-beta property stocks.

Ranbir Kapoor Buys ₹3.31 Crore Land in Ayodhya’s ‘The Sarayu’

Ranbir Kapoor’s ₹3.31 crore land purchase in Ayodhya’s premium Sarayu project highlights the city’s rapid emergence as a major real estate and investment destination driven by infrastructure and tourism growth.