Browsing Tag

Stamp duty

195 posts

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.

SHAKTI KAPOOR SELLS JUHU APARTMENT FOR RS.6.11 CR; SHRADDHA KAPOOR HAD GIFTED 50% SHARE IN 2019

Bollywood star Shakti Kapoor has sold his apartment in the prestigious Silver Beach Heaven Co-operative Society, Juhu, for Rs.6.11 crore. Registered in December 2024, the deal involved a built-up area of 81.84 sq. m (around 881 sq. ft.) and incurred a stamp duty of Rs.36.66 lakh plus registration charges of Rs.30,000. This sale underscores Juhu’s continued appeal as a premium residential market among celebrities
Mumbai Coastal Road to be a catalyst for real estate growth in Western Suburbs

MUMBAI PROPERTY REGISTRATIONS FALL IN FEBRUARY 2025 AMID MARKET SLOWDOWN

In February 2025, Mumbai saw 12,066 property registrations generating ₹935 crore in stamp duty revenue—up slightly from February 2024 but down compared to January and December figures—indicating a nuanced shift in the market with fewer transactions but higher average values.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.
Nama Xana, Worli

Barnsley FC Chairman Neerav Parekh and Mother Kalpana Parekh Buy Luxury Flats in Mumbai for ₹170 Crore

Barnsley FC chairman Neerav Parekh and his mother Kalpana Parekh have acquired two luxury flats in Mumbai’s Naman Xana for ₹170 crore. The properties, purchased from Karpe Estate Private Limited and Shri Naman Residency Private Limited, boast impressive areas, premium amenities, and significant stamp duty payments.