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Resident accused of maintenance default and nuisance wins eviction case lodged by housing society; Maharashtra co-op appellate court explains whyResident ordered by housing society to evict on grounds of maintenance default, creation of nuisance and using open space as his garden; Ma...
Hrithik Roshan's monthly rent from one Mumbai property is higher than many people's yearly incomeHrithik Roshan has made another major real estate deal that showcases how his investments continue to generate impressive returns outside o...
Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
Sister’s land claimed by brother as deemed tenant; Bombay High Court rejects plea, rules in favour of her adopted sonA long family land dispute spanning over 20 years concluded with the Bombay High Court ruling in favor of an adopted son. The court rejecte...
SC upholds Bombay HC order, directs MSEB Holding Co’s eviction from HSBC buildingThe Supreme Court upheld a Bombay High Court order, directing MSEB Holding Co to vacate HSBC's property in Mumbai by December 31, 2025. The...
Model Tenancy Act not to affect Mumbai’s Pagdi tenants, says Housing Secretary Durga Shanker MishraThe government of India approved the Model Tenancy Act in June. By formalising all the structures and authorities, the government is aiming...
Ministry of Housing and Urban Affairs recommends property stamp duty reduction to statesLand being a state subject, the decision on stamp duty lies with the respective state governments. Some of the states with key property mar...
Govt to soon come out with model tenancy law: Urban Affairs SecretaryThe deadline for feedback on the proposed model tenancy law ended on October 31 and now States have been asked to send those feedbacks afte...
Housing ministry advises states to reduce stamp duty on property transactionsAddressing a webinar organised by industry body PHDCCI, he assured the industry that the ministry would examine its various demands.
Model tenancy law to help attract institutional investments in rental housing: Report"India has nearly 11.09 million urban vacant housing units of which 10 states and Union Territories (UTs) contribute to 78 per cent (8.64 m...
Over 11.09 mn vacant houses across India have high potential for rental market: ReportOf the total vacant housing stock, around 78% or 8.64 million units are in 10 states and Union Territories, showed a Knight Frank India and...
Tata Teleservices says it has not made any offer to sell its stake in ATCTTSL may have to shell out as much as Rs 7,000 crore for prematurely winding up some 30,000 tenancies with ATC India and its unit Viom Netw...
Shah Rukh Khan faces I-T heat over 'benami' property in AlibaugThe Bollywood superstar's Alibaug farmhouse has been provisionally attached by the I-T dept after a notice was issued to Khan last month.
Government rolls out a model act to legalize land leasingThe model act, once adopted by states, will overrule any other existing act and would be effective from the date of notification by the res...
Centre may soon bring liberal model law for land leasingAs the fate of new Land Acquisition law hangs in the balance, the government is working on a liberal model law on leasing of land for impro...
Traders protest against draft Model Tenancy BillThousands of traders, who operate from shops they had rented under the pagdi system decades ago, staged a protest against the draft Model T...
- Mahindra Group to buy out Mumbai's Nepean Sea Road bungalow 'Gulistan' for Rs 270 crore
Mahindra Group's real estate arm will pay close to Rs 270 crore to acquire a three-storey bungalow where Anand Mahindra was born and lives ...