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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.

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.
  • November 18, 2025
The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.

MahaRERA Rejects Arbitration Clauses in Real Estate Disputes, Upholds Homebuyer Rights

MahaRERA’s November 2025 order, backed by a Bombay High Court ruling, invalidates arbitration clauses in RERA disputes, ensuring homebuyers can directly approach the authority for remedies in cases like the delayed Indiabulls Park 4 project.
  • November 18, 2025
Real estate stocks opened on a cautious note as Indian markets showed early signs of consolidation. While select developers like DLF and Phoenix Mills saw buying interest, others such as Godrej Properties and Lodha Developers remained under pressure, pointing to a volatile and range-bound trading session ahead.

🏗️ Realty Stocks Begin the Week on a Mixed Note: Large Developers Hold Firm While Mid-Caps Drag the Index

Real estate stocks ended the first day of the week with mild gains as large developers lifted the sector despite mid-cap weakness. Here’s a full breakdown of the day’s performance and what to expect on Tuesday.
  • November 17, 2025
Bombay HC confirms Manjusha Ogale as sole lessee of Deccan Gymkhana Plot 23 and permanently bars Natekars from dealing with or redeveloping the property without her and the Society’s consent.

Bombay HC Shields Property Buyers: Covid Delay Can’t Cancel Auction Sales

The Bombay High Court has held that auction sales conducted before the Covid-19 lockdown cannot be cancelled merely because buyers missed payment deadlines during the pandemic, ruling that the entire lockdown period must be excluded from statutory timelines.
  • November 17, 2025
MHADA has signed tripartite and construction agreements for the redevelopment of the historic GTB Nagar colony in Sion Koliwada, Mumbai. The 11.2-acre project will build three high-rise towers to rehabilitate around 1,200 residents.

Govt Amends GR for GTB Nagar Sion Koliwada Redevelopment; Drops Mandatory Housing Society Resolution Clause

The Maharashtra Government has amended its 2024 GR for the GTB Nagar, Sion Koliwada redevelopment, removing the requirement for a society resolution under the 2019 co-operative department norms. The decision is expected to streamline MHADA’s 25-building project under DCPR 33(9).
  • November 17, 2025