Browsing Tag
Mumbai Real Estate
451 posts
Raheja Universal’s Deemed Rent Dispute on Unsold Flats Sent for Fresh Calculation
In a key ruling, ITAT Mumbai has sent back Raheja Universal Pvt. Ltd.’s deemed rental income dispute on unsold flats for fresh evidence-based assessment, stressing objective valuation under Section 23(5) while upholding major reliefs for the prominent developer on other issues.
Oberoi Realty Wins Highest Bid of ₹5,400 Crore for 11-Acre Railway Land in Mumbai’s Bandra East
Oberoi Realty has won the bid for an 11-acre prime railway plot in Bandra East at ₹5,400 crore NPV, offering massive development scope with 19.50 lakh sq ft FSI over a 99-year lease from RLDA. Upfront payment ₹495 crore, balance via 45% revenue share.
Knowledge Realty Trust Posts Strong Q3 FY26 Results; Revenue Jumps 21%, Distributions at ₹6,953 Million
Knowledge Realty Trust delivered strong Q3 FY26 performance with revenue rising 21% year-on-year and NOI up 19%. Robust leasing activity, improving debt metrics, and inclusion in the FTSE EPRA Nareit index underline growing investor confidence.