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Bombay HC rules no GST on JDA projects post-conveyance, offering relief to real estate developers

India, Sept. 12 -- The Bombay High Court's Goa bench has ruled that Goods and Services Tax (GST) is not applicable on construction services under a Joint Development Agreement (JDA) once the developer... Read More


Mumbai top real estate deal: RBI picks up Nariman Point land parcel for Rs.3,472 crore from MMRCL

India, Sept. 11 -- In one of 2025's largest outright land deals by value, the Reserve Bank of India (RBI) has acquired 4.16 acres from the Mumbai Metro Rail Corporation Limited (MMRCL) for Rs.3,472 cr... Read More


Where to buy a Rs.1 crore home in the Thane real estate market?

India, Sept. 11 -- Once seen as a satellite town, Thane has transformed into one of the most sought-after residential destinations in the Mumbai Metropolitan Region (MMR). Excellent connectivity throu... Read More


Bengaluru homebuyers push back against Bengaluru Development Authority's bid for RERA exemption, citing repeated delays

India, Sept. 11 -- Bengaluru homebuyer forums have filed written objections before the Karnataka Real Estate Regulatory Authority (KRERA) opposing the Bengaluru Development Authority's (BDA) claim tha... Read More


Maharashtra govt, Lodha Developers sign Rs.30,000-crore MoU to set up green data centre park near Mumbai

India, Sept. 11 -- The Maharashtra government has signed a Memorandum of Understanding (MoU) with Lodha Developers to establish a 370-acre Green Integrated Data Centre Park in Palava City, Dombivli, n... Read More


Railways to monetise 25 acres in Mumbai, eyes Rs.8,000 crore boost

India, Sept. 11 -- The Indian Railways, through its land development arm, the Rail Land Development Authority (RLDA), is planning to raise at least Rs.8,000 crore by leasing out key land parcels in Mu... Read More


Former HDFC Bank top executive buys Rs.52.49 crore luxury apartment in Mumbai's Worli

India, Sept. 11 -- Former HDFC Bank deputy managing director Paresh Sukthankar has purchased a luxury apartment for Rs.52.49 crore in Mumbai's Worli area, at Rs.1.19 lakh per sq ft on RERA carpet, acc... Read More


India's real estate market to touch $5-10 trn by 2047; Housing sales may double, REIT share seen at 50%: Credai-Colliers

India, Sept. 11 -- India's real estate sector is projected to grow into a $5-10 trillion market by 2047, contributing nearly one-fifth of the country's GDP, according to a report by CREDAI and Collier... Read More


NeoLiv inks management agreement for 47-acre mixed-use villa project in Khopoli near Mumbai

India, Sept. 11 -- Mumbai-based fund-led real estate developer NeoLiv announced on September 11 that it has signed a management agreement to develop 47 acres of prime land in Khopoli, near Mumbai. The... Read More


Housing sales may dip by up to 3% in FY2026 amid affordability concerns: ICRA

India, Sept. 11 -- Housing prices have risen by nearly 10% annually from FY2023 to FY2025, impacting homebuyer affordability. In FY2025 alone, average selling prices (ASP) jumped 16% and are projected... Read More