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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.

In a no-holds-barred verdict, Bombay HC tells housing societies: Stop playing judge. You cannot decide who owns the flat or settle inheritance fights. Your only job is collecting dues and maintaining records — stay in your lane or face the consequences.

Can a Housing Society Claim Tax Deduction on Interest from Co-operative Banks?

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.
The Maharashtra government has approved ₹8.91 crore under the PMAY-Urban scheme for affordable housing projects in cities including Pune, Nagpur, Pimpri-Chinchwad and Chhatrapati Sambhajinagar, focusing on housing for the Scheduled Tribe category.

Maharashtra Sanctions ₹411 Crore for PMAY Affordable Housing Projects Across Cities

Maharashtra has sanctioned ₹411 crore for PMAY housing projects across multiple cities, signaling execution momentum and a major boost to affordable home supply for EWS buyers.
The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.

ED Attaches ₹18.10 Crore Assets in 1xBet Case; Probe Finds Illegal Betting Network Using UPI Mule Accounts

The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.
Sushmita Sen and her mother have leased their Goregaon apartment for ₹73.76 lakh over three years, reflecting rising demand for premium rental homes in Mumbai’s suburban hotspots.

Sushmita Sen Rents Out Mumbai Apartment for ₹73.76 Lakh for 3 Years

Sushmita Sen and her mother have leased their Goregaon apartment for ₹73.76 lakh over three years, reflecting rising demand for premium rental homes in Mumbai’s suburban hotspots.
In a buyer-friendly ruling, the Bombay HC today refused to quash a 2019 MahaRERA order directing Marvel Landmarks to refund over ₹1.35 crore plus interest to a flat purchaser.

Homebuyer Sought Refund, MahaRERA Awarded Possession with Interest: Tribunal Steps In to Undo Injustice

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.