Latest Property News

283 articles
04 Apr 2025 BMC Considers Property Tax Hike as Collection Soars in FY 2024-25

The Brihanmumbai Municipal Corporation (BMC) is considering a property tax hike of 12.5-13% as part of its planned five-year revision. This would be...

04 Apr 2025 India Office Space Leasing Hits Record 282 Lakh Sq Ft in Q4 FY25, Fueled by Global Capability Centres

India's office market is experiencing exceptional growth, with leasing activity in the top eight cities rising by 74% in the January- March 2025...

04 Apr 2025 Raymond to Develop Rs. 5,000 Crore Residential Project in Wadala, Mumbai

Raymond, through its fully-owned subsidiary Ten X Realty East, has signed a joint development agreement for a residential project in Wadala, Mumbai....

04 Apr 2025 Maharashtra Government Increases Mumbai's Ready Reckoner Rates by 3.4%

The Maharashtra government has revised the ready reckoner (RR) rates for property valuations, applicable for stamp duty and taxation, for the...

04 Apr 2025 Navi Mumbai Civic Body Achieves Record Property Tax Collection of Rs 800 Crore in FY25

In a landmark achievement, the Navi Mumbai Municipal Corporation (NMMC) has collected more than Rs 800 crore in property taxes for the fiscal year...

01 Apr 2025 United Spirits Sells Property in Mumbai for Rs. 172 Crore

United Spirits has announced the sale of a residential property in Mumbai's prestigious Malabar Hill for Rs. 172 crore. The transaction, which was...

01 Apr 2025 NSE to Convert HQ into Captive Data Center and Relocate to New Office in Mumbai

The National Stock Exchange (NSE) plans to convert its iconic headquarters in Mumbai's Bandra-Kurla Complex (BKC) into a large captive data center....

01 Apr 2025 MahaRERA Stops Hearing Homebuyer Complaints in NCLT Cases

Homebuyers facing delays in their projects due to insolvency proceedings are encountering obstacles as MahaRERA has stopped hearing complaints when...

01 Apr 2025 New Housing Supply in India’s Top-9 Cities Declines by 34%

The new supply of housing properties in India's top-9 cities dropped by 34%, with 80,774 units launched between January and March 2025, compared to...

01 Apr 2025 Sunteck Realty Plans Investment of $10-20 Million in Sunteck Lifestyle International

Sunteck Realty has approved an investment of approximately $10-20 million in Sunteck Lifestyle International (SLIPL), a wholly owned subsidiary. The...

01 Apr 2025 BMC Set to Meet Rs 6,200 Crore Property Tax Target for FY25

Mumbai’s civic body, the Brihanmumbai Municipal Corporation (BMC), is on track to meet its property tax target for the financial year 2024-25, having...

31 Mar 2025 Bombay HC Rules Developer Cannot Use Insolvency Law to Avoid Slum Rehabilitation Obligations

In a significant ruling, the Bombay High Court clarified that developers cannot use insolvency law to bypass their responsibilities under the Slum...

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