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ITAT Mumbai delivers big relief: Temporary flat given by developer during land redevelopment isn't a taxable "transfer" — no capital gains apply when it's purely interim with no ownership rights passed, quashing Rs 13.56 lakh addition.

No Tax on Temporary Flat: ITAT Rules Developer’s Alternate Accommodation Isn’t a Taxable “Transfer” of Property

ITAT Mumbai delivers big relief: Temporary flat given by developer during land redevelopment isn’t a taxable “transfer” — no capital gains apply when it’s purely interim with no ownership rights passed, quashing Rs 13.56 lakh addition.
  • February 23, 2026
In a significant win for homebuyers, MahaRERA and the Appellate Tribunal upheld a 2005 booking despite the handling director's death and promoters' denial of knowledge, directing execution of agreement for an equivalent flat or refund with interest — a reminder of RERA's buyer protections even in legacy cases.

Homebuyer Paid to Director of Real Estate Firm, Director Died, Surviving Directors Claimed Ignorance — MahaRERA Steps In to Deliver Justice

In a significant win for homebuyers, MahaRERA and the Appellate Tribunal upheld a 2005 booking despite the handling director’s death and promoters’ denial of knowledge, directing execution of agreement for an equivalent flat or refund with interest — a reminder of RERA’s buyer protections even in legacy cases.
  • February 23, 2026
In a major boost for homebuyers, the Supreme Court has ruled that merely leasing or renting out a purchased residential flat does not disqualify buyers from filing consumer complaints against builders for delays or unfair practices. The verdict in Vinit Bahri vs MGF Developers restores a dismissed case and clarifies that builders must prove "commercial purpose" to exclude consumer status.

Supreme Court Shocker: Landowners Off the Hook for Builder Delays – Homebuyers Must Chase Developers Alone in JDA Deals!

The Supreme Court has ruled that in JDA projects, landowners aren’t jointly liable for construction delays—developers bear sole responsibility for handover and compensation. After a twisted review process involving a remand, the verdict offers huge relief to landowners and housing societies, clarifying buyers’ recourse lies with builders.
  • February 22, 2026
The Asia Pacific real estate sector is entering a new era of "anticipatory" management. A new report reveals that AI adoption could contribute over $1 trillion to regional economies by 2030, slashing administrative timelines by 80% and introducing the world's first AI-powered office concierges.

The $1.1 Trillion Intelligence Surge: How AI is Rewriting the Rules of Real Estate

The Asia Pacific real estate sector is entering a new era of “anticipatory” management. A new report reveals that AI adoption could contribute over $1 trillion to regional economies by 2030, slashing administrative timelines by 80% and introducing the world’s first AI-powered office concierges.
  • February 21, 2026
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

12-Year Nightmare Ends: MahaRERA Says Refund Offers Don’t Erase Delay Liability!

India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.
  • February 21, 2026