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Realty

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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.

Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.

Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore

Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

ALL IN THE NAME OF POOR! The Detrimental Impact of DCR 33(11)

It’s a matter of great concern for all Mumbaites that successive governments have shown little interest in resolving the burning issue of housing, including the recent phenomenon of private property redevelopment. This article exposes how new DC regulations, particularly DCR 33(11), are ironically worsening the city’s housing crisis in the name of the poor.
GST

GST Cut on Cement: Will Homebuyers Really Benefit, or Will Developers Pocket the Gains?

The GST Council’s decision to cut cement tax rates to 18% is expected to reduce construction costs by 3–5%. But will this relief ever reach homebuyers? Drawing from two decades of reporting on real estate, Varun Singh argues that past experience shows developers rarely pass on such benefits. From premium reductions to infrastructure boosts like the Coastal Road, home prices have only risen. Unless homebuyers collectively demand accountability, this GST relief too may remain only in builders’ profit books.
The GST Council’s landmark reform slashes tax rates on cement and key construction materials from September 22, 2025. Homebuyers stand to gain as lower input costs reduce project expenses by 3–5%, boosting affordability in the mid-income and budget housing segments. Experts including Anuj Puri (ANAROCK) and the Cement Manufacturers’ Association hail the move as transformative, with potential to revive demand and accelerate project launches ahead of the festive season.

Homebuyers to Benefit as GST on Cement, Building Materials Cut From Sept 22

The GST Council’s landmark reform slashes tax rates on cement and key construction materials from September 22, 2025. Homebuyers stand to gain as lower input costs reduce project expenses by 3–5%, boosting affordability in the mid-income and budget housing segments. Experts including Anuj Puri (ANAROCK) and the Cement Manufacturers’ Association hail the move as transformative, with potential to revive demand and accelerate project launches ahead of the festive season.
In a landmark move for the real estate sector, the Inspector General of Registration (IGR), Maharashtra, has launched a new online e-registration system for property agreements. Hiranandani Fortune City in Panvel is the first real estate project in the state to adopt this digital framework, marking a significant step toward enhanced efficiency and transparency in property transactions. The new system allows for the complete online registration of property agreements, eliminating the need for physical visits to Sub-Registrar Offices (SROs).

Hiranandani Fortune City, Panvel, Becomes First to Implement Maharashtra’s New Online Property E-Registration

In a landmark move for the real estate sector, the Inspector General of Registration (IGR), Maharashtra, has launched a new online e-registration system for property agreements. Hiranandani Fortune City in Panvel is the first real estate project in the state to adopt this digital framework, marking a significant step toward enhanced efficiency and transparency in property transactions. The new system allows for the complete online registration of property agreements, eliminating the need for physical visits to Sub-Registrar Offices (SROs).