foreign remittance tax India Archives

In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

Realty

NRI Buys Mumbai Home With Dubai Savings — Tribunal Says No Tax Can Be Levied

An NRI who bought a Mumbai home using his Dubai salary has won a major tax battle. ITAT Mumbai ruled that foreign earnings remitted legally cannot be taxed in India and deleted the entire ₹2 crore addition.

SquareFeatIndia
November 21, 2025
3 minute read

Realty

MHADA’s Mumbai Lottery 2026: Only 75,366 Applications — Has Affordability Become a Myth?

75,366 applications for 2,640 homes — MHADA Mumbai's 2026 lottery sees a sharp demand…

SquareFeatIndia
June 2, 2026

Real estate stocks opened on a cautious note as Indian markets consolidated in early trade. While select developers like DLF and Phoenix Mills showed resilience, others faced pressure, pointing to a range-bound and stock-specific trading session ahead.

Realty

Realty Stocks Open Cautious as Markets Consolidate; Select Developers Show Early Strength

Real estate stocks opened on a cautious note as Indian markets consolidated in early…

SquareFeatIndia
June 2, 2026

Realty

Builder Drags Homebuyers to MahaRERA for Non-Payment, Gets Flats Cancelled & Money Forfeited

Pune developer Gera Developments dragged two homebuyers to MahaRERA for non-payment of…

SquareFeatIndia
June 2, 2026

A Worli luxury flat registered on May 27, 2026 will cost its tenant ₹18.06 crore over 5 years — rent that could buy prime property across Mumbai.

Realty

₹18.06 Crore in Rent for 5 Years: What a Worli Luxury Deal Tells Us About Mumbai’s Market

A Worli luxury flat registered on May 27, 2026 will cost its tenant ₹18.06 crore over 5…

SquareFeatIndia
June 1, 2026