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real estate finance India

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In a significant win for homebuyers, MahaRERA and the Appellate Tribunal upheld a 2005 booking despite the handling director's death and promoters' denial of knowledge, directing execution of agreement for an equivalent flat or refund with interest — a reminder of RERA's buyer protections even in legacy cases.

Why a Mumbai Builder Didn’t Have to Pay Tax on ₹55 Crore in Loans

Mumbai ITAT has dismissed a ₹55.5 crore tax addition on Supreme Lake View Bungalows Pvt. Ltd., confirming that properly documented and carried-forward loans cannot be taxed under Section 68.
Tribeca Developers has repaid its ₹200 crore HDFC Capital loan for The Edge ahead of time, powered by blockbuster sales. The early repayment reinforces Tribeca’s financial strength and highlights the booming demand for high-end residences in South Mumbai.

🏢 Tribeca Repays ₹200 Cr HDFC Loan

Tribeca Developers has repaid its ₹200 crore HDFC Capital loan for The Edge ahead of time, powered by blockbuster sales. The early repayment reinforces Tribeca’s financial strength and highlights the booming demand for high-end residences in South Mumbai.