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New Government Mandate: No more middlemen for rent agreements!
The government of Maharashtra has issued a new circular, effective immediately, canceling the appointment of all Authorized Service Providers (ASPs) for online Leave and License registration. This move aims to simplify the process for citizens and eliminate intermediaries, but it also places new responsibilities on tenants and landlords.
Sugee Group Enters Second Homes Market with Gated Plotted Development in Karjat
Sugee Group has entered the second-home market with a gated plotted development project in Karjat, launched in partnership with ACE Dealmakers and Purnasya. The project offers freehold NA plots with infrastructure, targeting families and investors.
Mumbai Property Registrations Down 11% MoM in Aug 2025; Stamp Duty Revenue Slips 19% to ₹1,000 Cr
Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.
Hema Malini Sells Two Flats in Mumbai’s Oberoi Springs for ₹12.5 Cr
Bollywood actress and MP Hema Malini sold two Oberoi Springs flats in Andheri West, Mumbai, for ₹12.50 crore. The deal sets a clear benchmark for luxury housing prices in the area and underscores Andheri West’s status as a prime property market.