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Victory for Small Shopkeepers in SRA Projects: Authority Fixes Reasonable Rate for Extra Area in Goregaon Slum Rehab

Shopkeepers in Goregaon’s Aman Shanti SRA project get major relief as the Slum Rehabilitation Authority orders the developer to sell extra shop space beyond 225 sq.ft. at a fair rate of up to ₹21,000 per sq.ft. – matching what most others already accepted. The January 2026 order directs immediate registration of agreements, ending a years-long dispute and helping the redevelopment move forward for hundreds of families.

How Mumbai Builders Report Profits: The Percentage Completion Method Explained – With a Real Case Study

Mumbai builders rely on the Percentage Completion Method to recognise revenue yearly as projects progress. In a recent ITAT ruling, Supreme Mega Construction LLP won a ₹6.33 crore tax battle, with the Tribunal confirming correct application of ICAI guidelines…

🏗️ Realty Stocks Open Cautiously After Long Market Break; Sector Tests Early Stability

Real estate stocks opened steady after a prolonged market break, supported by large developers while mid-caps traded mixed. The sector is expected to find direction as trading volumes build through the day.

Taxman Says Builder Had Black Money, Turns Out He Was Paying Labourers in Cash

ITAT Mumbai has dismissed the tax department’s claim of black money against F A Construction, holding that large cash withdrawals were legitimately used to pay daily-wage labourers at remote construction sites. The Tribunal quashed additions of over ₹35 crore under Section 69A, emphasizing documented bank sources and no adverse findings in remand — proving once again that cash-heavy sectors like construction often face initial suspicion that clears with proper evidence.

While Markets Slow, India’s Rich Keep Betting Big on Luxury Homes

As markets moderate and growth expectations cool, India’s rich continue to bet big on luxury homes, driven by long-term confidence, wealth creation, and the scarcity of prime assets.