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Maharashtra Emerges as India’s Green Building Leader: Mumbai, Pune Drive Massive Shift to Sustainable Urban Growth

Maharashtra has become India’s leading green building state, powered by progressive FAR incentives, mandatory IGBC ratings, and a strong partnership with the CII Indian Green Building Council. Cities like Mumbai and Pune now anchor India’s largest green building footprint and net zero movement.

🏢 Smartworks Leases 1.66 Lakh Sq Ft to Wolters Kluwer in Pune’s Kalyani Nagar, Strengthens Enterprise-Focused Growth

Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.

₹60 Lakh Plot Bought in 2005 Sold for ₹8 Crore in 2022 – Income Tax Sends ₹1.6 Crore Demand

From ₹60 lakh plot to ₹8 crore sale – NRI couple faced ₹1.6 crore tax demand. ITAT Bangalore just handed them massive relief: solar plants, built-in kitchens & fixed ACs now count as cost of improvement and slash your tax bill!

🏗️ Realty Stocks Open Mixed as Markets Begin Tuesday’s Trade; Large Developers Steady, Mid-Caps Soft

Realty stocks opened mixed on Tuesday as large developers held steady but mid-caps came under pressure. Here’s a full report on early market performance and what to expect through the day.

Income Tax Tribunal Rules: Redevelopment Gains Not Taxable for Housing Societies; Crucial Shield for Flat Owners

In a major redevelopment-taxation ruling, the ITAT Mumbai held that redevelopment benefits belong to flat owners, not the society. The Tribunal rejected the Income Tax Department’s ₹4.97 crore capital gains demand.