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Mumbai Real Estate

515 posts
India’s housing market saw a shocking 7% quarterly drop in sales in Q1 2026 despite strong annual growth. With rising inventory, increasing luxury supply, and global uncertainties impacting demand, is the real estate cycle entering a new phase?

Sales Down 7%, Inventory Above 6 Lakh: Q1 2026 Real Estate Data Raises Red Flags

India’s housing market saw a shocking 7% quarterly drop in sales in Q1 2026 despite strong annual growth. With rising inventory, increasing luxury supply, and global uncertainties impacting demand, is the real estate cycle entering a new phase?
Bombay High Court allows IL&FS Financial Services to proceed with ₹203.66 crore summary suit against principal borrower Serveall Constructions despite IBC moratoriums

HDIL Sold Non-Existent Flats, Society Denies Membership, Court Says Society Is Right

In a major victory for housing societies, the Bombay High Court has upheld the decision of Dheeraj Dreams CHS Ltd. to deny membership to buyers who purchased “flats” that never existed. HDIL had sold mandatory refuge areas as residential flats years after the developer lost rights over the property. The Court ruled that societies cannot be forced to admit members for non-existent flats as it would violate the law.
ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.

Big Relief for Home Sellers: ITAT Mumbai Says ‘MOU Date’ Counts for Tax, Not Registration Date

ITAT Mumbai has ruled that property sellers can use the MOU date instead of registration date for capital gains tax and still claim Section 54 exemption—offering major relief in delayed property deals.
From a "dangerously dilapidated" structure in 2004 to a high-tech luxury residence in 2026, the story of Ratan Tata's "The Cabins" enters a new chapter as Tata Sons secures a 5-year lease with a ₹10 crore deposit.

Tata Sons Leases Ratan Tata’s Colaba Bungalow at ₹17.5L Rent & ₹10Cr Deposit

From a “dangerously dilapidated” structure in 2004 to a high-tech luxury residence in 2026, the story of Ratan Tata’s “The Cabins” enters a new chapter as Tata Sons secures a 5-year lease with a ₹10 crore deposit.