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The Latest

Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai

The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.
  • May 9, 2025

Ayodhya Real Estate Boom: How a Spiritual City Became India’s Hottest Investment Destination

Ayodhya is rapidly evolving from a sacred pilgrimage site into one of India’s most promising real estate markets. With land prices soaring over 4x in just five years, and a surge of infrastructure, hotels, and global tourism interest following the construction of the Ram Mandir, this ancient city is now a modern-day investment hotspot. Here’s a deep dive into the numbers, trends, and future potential of Ayodhya’s booming property and hospitality sectors.
  • May 9, 2025

Banker Aditya Puri and Actress Daughter Amrita Puri Buy Rs. 37 Crore Luxury Apartment in Mumbai’s World One Tower

Banking stalwart Aditya Puri and his daughter, actress Amrita Puri, have purchased a Rs. 37 crore luxury apartment in Mumbai’s iconic World One Tower. Located in Lower Parel, the high-profile deal reflects the city’s booming luxury real estate market and positions the Puri family among Mumbai’s elite property owners.
  • May 9, 2025
MahaRERA

MahaRERA Becomes First in India to Cross 50,000 Housing Project Registrations

MahaRERA has made history by becoming the first and only state real estate authority in India to register over 50,000 housing projects. With 35% of the nation’s total registered housing developments, Maharashtra outpaces Tamil Nadu and Gujarat by a wide margin, reflecting its leadership in regulated real estate growth.
  • May 8, 2025
Pic Credit Ajay Devgn's Instagram profile

Ajay Devgn Leases Office Space in Mumbai, Set to Earn Over ₹3.3 Crore in 5 Years

Bollywood star Ajay Devgn has leased a premium office space in Mumbai’s Andheri West, set to earn over ₹3.3 crore in five years. The 2,545 sq. ft. unit, rented to Bombay Design Centre, is part of the Signature by Lotus complex. The deal showcases rising investor interest in commercial property and promising rental yields in key Mumbai micro-markets.
  • May 7, 2025