Browsing Tag

Navi Mumbai

57 posts
Mumbai woman's LTCG claim survives — ITAT rules builder's delayed ledger entry can't override actual 2007 allotment date. ₹17L addition deleted.

Mumbai Woman Bought Flat in 2007, Builder Wrote It in 2011 — Tax Dept Pounced

Mumbai woman’s LTCG claim survives — ITAT rules builder’s delayed ledger entry can’t override actual 2007 allotment date. ₹17L addition deleted.
MMR’s housing market showed mixed signals in Q2 2026 with launches jumping 23% to 34,555 units while sales fell 8% to 28,710 units. Mumbai dominated with 65% of new supply and over 70% of absorption as inventory climbed across the region.

MMR Housing Q2 2026: Mumbai Leads 65% Launches But Sales Dip 8%

MMR’s housing market showed mixed signals in Q2 2026 with launches jumping 23% to 34,555 units while sales fell 8% to 28,710 units. Mumbai dominated with 65% of new supply and over 70% of absorption as inventory climbed across the region.
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Maharashtra Releases ₹5,585 Crore GST Compensation to Municipal Corporations for April–May 2026

The Maharashtra Urban Development Department has approved ₹5,585.68 crore in GST compensation for 29 municipal corporations covering April and May 2026, with BMC topping the list at ₹2,587.55 crore and Pune and Pimpri-Chinchwad close behind at ₹485 crore and ₹457 crore respectively.
In a stark reminder of delayed justice in Mumbai’s property cases, the Bombay High Court has finally ordered eviction of a licensee from a Bandra flat after nearly 48 years of legal battle. (130 characters)

CIDCO Took 280 sq.m Land for Navi Mumbai but “Forgot” Compensation — HC Orders Massive 2013 Act Payout

In a scathing order, Bombay HC has exposed CIDCO’s 37-year-old “forgotten land” scandal in Navi Mumbai and ordered fresh acquisition under the 2013 Act with full compensation — a landmark blow for property rights.
“After paying ₹10,500 in 1977 and waiting decades, she never got the flat she had booked and was ready to pay for — but the court has finally ordered her money back with interest.”

82-Year-Old’s Flat Sold by Impersonator: Bombay HC Cancels Fake Deeds, Sets Key Lesson for Buyers

In a fraud case, an 82-year-old’s flat was sold via impersonation. Bombay HC cancelled the fake deeds after the buyer admitted he was deceived—highlighting quick remedies for victims.