Income Tax Tribunal Mumbai: Booking Date Matters for Stamp Duty Valuation, Even Without Registered Agreement

In a major relief for homebuyers, ITAT Mumbai has ruled that stamp duty valuation for tax purposes must be taken from the booking date—even if the allotment letter is unregistered—protecting buyers from unfair tax demands caused by builder delays.

Double Booking Costs Builder Dear: MahaRERA Orders Refund to Homebuyer in Sunteck Project

MahaRERA has ordered a builder to refund a homebuyer’s money after ruling that the flat was double-booked and no valid allotment or agreement existed.

Payment Default by Homebuyers: MahaRERA Upholds Builder’s Right to Cancel Allotments

MahaRERA has ruled that homebuyers who repeatedly default on payments risk losing their flats, upholding a builder’s right to cancel allotments under Section 11(5) of the RERA Act.

Alkem Laboratories Founder Family Buys ₹62.81-Crore Ultra-Luxury Penthouse in Bandra

Members of the Alkem Laboratories founder family have acquired a ₹62.81-crore ultra-luxury penthouse in Bandra’s Perry Road, reinforcing the area’s status as Mumbai’s premier luxury residential micro-market.

Mumbai Real Estate Clocks 14-Year High: Property Registrations Cross 1.5 Lakh Mark in 2025

Mumbai’s real estate market delivered its strongest performance in over 14 years…