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“Budget FY27: Real Estate Sector Seeks Affordable Housing Boost, Rental Incentives and Tax Relief

Ahead of Union Budget FY27, Knight Frank India has urged the government to recalibrate housing policies by expanding affordable housing limits, incentivising rental housing, easing capital gains norms, and introducing central subsidies for green buildings to revive demand and support sustainable urban growth.

Full Payment to Builder Is NOT a Pre-Condition for Society Membership

In a landmark ruling, the Bombay High Court held that full payment to a builder is not a prerequisite for membership in a cooperative housing society. The court restored deemed membership for a MOFA flat buyer, emphasizing that statutory rights under the Maharashtra Ownership Flats Act cannot be denied due to payment disputes.

SRA Tightens Grip on Sale Flats: Mandatory Freezing at IOA Stage to Secure Transit Rent and Slum Dwellers’ Rights

The Slum Rehabilitation Authority (SRA) has issued strict new directions mandating freezing of sale flats at the IOA stage in all redevelopment projects. The move aims to secure transit rent payments, protect slum dwellers’ rights, and prevent premature sale or registration of flats without full rehabilitation compliance.

Karan Johar Buys Apartment in Mumbai’s Khar West for ₹8.05 Crore

Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.

🏗️ Realty Stocks Open on a Steady Note as Markets Kick Off; Sector Eyes Intraday Cues

Real estate stocks started the session steady, with large developers providing early stability and mid-caps trading mixed. Investors adopted a cautious stance as the sector awaited fresh intraday triggers.