MUMBAI PROPERTY
Equirus Capital sees strong growth across Indian real estate segments
Equirus Capital highlighted strong momentum in India’s real estate sector, with robust growth across residential, commercial, and hospitality. Bengaluru emerged as a global hub, offering affordable office rentals, cost-effective workforce, and the highest commercial space absorption worldwide.
Tiger Shroff and Disha Patani are no longer neighbours. Baaghi 4 actor sells Mumbai lavish apartment for 31% profit
Tiger Shroff has sold his luxurious Mumbai apartment in Khar for Rs 15.6 crore, securing a 31% profit from its original purchase in 2018. The apartment, located in Rustomjee Paramount, features a carpet area of 1,989.72 sq. ft. and three parking slots. Read on!
Father sells house worth Rs 67 lakh and shows only Rs 1,690 income in ITR, wins case in ITAT Ahmedabad; Know how
Dilip, an Indian taxpayer, won a case at the ITAT Ahmedabad regarding a Section 54 LTCG tax exemption. Despite initially facing scrutiny for claiming Rs 15.99 lakh as indexed cost of improvement with cash payments and selling his house below stamp duty value, the ITAT directed the tax officer to verify and allow his claim. Read more.
Indian semicon consortium bags deal for 5 lakh indigenous cameras
A nine-member Indian consortium led by Kaynes Semicon will supply over 500,000 fully indigenous dash and surveillance cameras by March 2026. With partners like NXP and CDAC, the project aims to localise over 50% of vision hardware by 2026, rising to 90% by 2030, reducing import dependence.
How to unlock the true value of prime property legacy homes to create wealth
In today’s landscape, the key to enhancing the value of a generational home asset lies in balancing heritage with innovation, ensuring that nostalgia does not overshadow practical wealth-building potential.
If you don’t make these 8 disclosures, your ITR may be treated as defective
Filing income tax returns (ITR) requires careful attention to detail, as certain omissions can lead to a defective ITR. Key disclosures include foreign assets, income, crypto transactions, and unlisted equity shares. Failing to report these details, especially for residents with overseas holdings, can result in penalties and even imprisonment, though some relief exists for movable assets under Rs 20 lakh.
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Home interiors market to double to $24.5 billion by 2030: Magicbricks
India's home interiors market is set for significant growth. Experts project the sector will double by 2030. The current market value of $12.33 billion is expected to reach $24.52 billion. This expansion is fueled by rising incomes and urbanization. Well-designed interiors can boost property resale value. Demand is high for 2 and 3 BHK homes.
Indulgent heritage experiences with each swipe. Only with the Times Black ICICI Bank credit card
The Times Black ICICI Bank credit card goes beyond template perks, proving that true privilege isn't about what you buy, but about what money cannot access.
Valor Estate may also move NCLT to revise Lavasa offer
Valor Estate is likely to petition the NCLT to revise its resolution plan for Lavasa Corp, following Welspun-Ashdan consortium being permitted to modify their payment timeline. Valor's lawyers objected to Welspun's allegations seeking disqualification of their bid and claimed discriminatory treatment by the RP for denying their request to update the plan.
GST 2.0: Fall in input prices likely to soften realty costs
India's property sector is poised for a boost as the government reduces the GST on cement from 28% to 18%, potentially lowering project costs for developers and homebuyers. Additional tax cuts on marble, granite, and other construction materials are expected to further ease cost pressures. This rationalization is anticipated to stimulate consumption and propel India's GDP growth.
Actress, entrepreneur, investor: What is Samantha Ruth Prabhu’s networth? Also, a look at her lavish properties
Samantha Ruth Prabhu is a successful actress and businesswoman. Her net worth is around Rs 101 crore. She earns from movies, endorsements, and investments. She owns luxury homes in Hyderabad and Mumbai. Her car collection includes high-end models. Samantha is also an entrepreneur with ventures in healthcare, farming, and education.
Land bank, digital planning in Maharashtra’s housing policy to reshape urban future
Maharashtra govt is launching a new housing policy. It will use a state land bank to increase affordable housing. The policy includes a digital platform for housing information. A district-wise housing demand survey will be conducted by 2026. The policy also focuses on housing for industrial labor and migrant workers.
Serviced residences surge as second home investments gain momentum in India
Serviced residences are becoming popular in Indian real estate. Demand is rising for second homes. Developers and investors are showing strong interest. Many are partnering with global hotel brands. This creates luxury living with hotel services. Goa shows high rental yields. Infrastructure upgrades are boosting property values. Remote work is also increasing demand.
Banks block fund remittances abroad without right code
To control random money outflows, Indian banks are now demanding specific reasons for overseas fund transfers. They are discouraging the use of the 'other services' code. This follows a Reserve Bank of India directive to scrutinize such remittances. Experts say this is leading to inaccurate reporting. Companies struggle to find appropriate codes for certain payments.
Arkade Developers buys 14,364 sq metre land in Mumbai for Rs 148 cr
Realty firm Arkade Developers Ltd on Wednesday said it has bought 14,364 sq metre land in the Mumbai Metropolitan Region (MMR) for Rs 148 crore.
Manoj Jarange tells HC Maratha quota stir ended after issue was resolved; Court seeks his response to pleas
Manoj Jarange informed the Bombay High Court that the Maratha quota agitation concluded after resolution. The court acknowledged this but wants an affidavit addressing property damage allegations during the protest. Jarange's lawyers denied causing significant damage. The court instructed Jarange to clarify his role and deny instigation in an affidavit. The court granted four weeks to file the affidavit.
Promoters selling, retail investors buying. Who's right? Raamdeo Agrawal answers
Despite Indian promoters offloading record shares, retail investors remain bullish, says Raamdeo Agrawal. Promoter shareholding fell to an eight-year low, while domestic institutional investors' share rose to a record high, surpassing foreign investors. Agrawal likens the market to expensive Mumbai property, advising investors to accept slightly higher prices for long-term growth.
Mumbai Housing Registrations Dip in August, But Remain at Record Highs YTD: Nuvama
Mumbai's housing registrations saw a minor decrease in August 2025 due to heavy rains. Registrations fell by 3% year-on-year. Despite this, it was the second-best August ever after 2024. Residential properties dominated demand. Western suburbs led regionally. Year-to-date registrations remain high. Nuvama anticipates sales to increase with new launches and potential rate cuts.
A young actress who worked with Rajesh Khanna was murdered along with 5 family members. Mumbai's court judge called it 'rarest of rare' case
Laila Khan, a Bollywood actress, was tragically murdered with her family in 2011. Her stepfather, Parvez Tak, committed the crime due to family tensions. The bodies were discovered in 2012 at their Igatpuri farmhouse. In 2024, Tak received a death sentence for the gruesome murders. Read on to know why the judge called it 'rarest of rare case'
How to pay zero or lower income tax on your residential property sale using Sections 54 and 54F
Indian income tax laws offer exemptions on long-term capital gains (LTCG) from selling residential property and land. Sections 54 and 54F of the Income Tax Act allow individuals and HUFs to avoid LTCG tax by reinvesting the gains into a new residential property, subject to specific conditions and timelines for purchase or construction.
I am an NRI. How can I take money out of India after selling inherited property and shares with minimum taxes?
I am an NRI with inherited property and shares in India. What are the best ways to repatriate funds without triggering high taxes or violating Foreign Exchange Management ACT (FEMA) rules?
Phoenix Mills shares rally 5% as Motilal Oswal upgrades to ‘Buy’, lifts target price to Rs 2,044
Phoenix Mills shares rose to ₹1,597 on Tuesday after Motilal Oswal upgraded the stock to a ‘buy’ with a revised target price of ₹2,044, citing strong performance across retail, office, and hospitality segments and growth initiatives in both new and mature malls.
Puravankara secures redevelopment project in South Mumbai’s Malabar Hill
Puravankara has secured a Rs 2,700-crore project to redevelop a prime housing society in Mumbai's Malabar Hill, adding 7 lakh sq ft of development potential. This acquisition strengthens Puravankara's Mumbai portfolio, now totaling 4.25 million sq ft with a potential gross development value of Rs 10,500 crores.
Mumbai records highest-ever Jan–Aug realty registrations, fastest run towards 1-lakh mark
Mumbai's property market demonstrates strong performance in 2025, driven by demand for mid-income and luxury homes. The city achieved record property registrations and stamp duty revenue, surpassing previous peaks. Despite a slight dip in August due to heavy rains, developers are optimistic about increased activity during the upcoming festive season.
Chasing 10% rental yields, not homes - Why Indian HNIs are shifting from debt products to commercial property
India's wealthy are increasingly favoring commercial real estate for its higher yields and stability compared to residential properties and debt instruments. Fueled by a growing HNI population, their investments in commercial properties are also diversifying into warehousing, hospitality, and data centers. Alternative Investment Funds (AIFs) offer a streamlined entry, but due diligence remains crucial to navigate risks and ensure sustained returns in this evolving landscape.
K Raheja eyes 1.5-acre South Bombay's iconic Famous Studios parcel in ₹650 cr agreement
Famous Studios, a landmark in South Mumbai since 1946, is likely to change ownership. K Raheja Corp is in advanced discussions to acquire the 1.5-acre property. The deal is structured as a joint development agreement. It has a development potential of around 4 lakh sq ft. Piramal Realty's previous attempt to redevelop the studio failed.
Property prices rise in 45 of 50 cities in Q1 of FY26: NHB report
NHB data reveals that property prices in 45 out of 50 cities increased in the first quarter of 2025-26, with the 50-city Housing Price Index rising by 5.7%. Bengaluru saw the highest appreciation at 9.1%, while Howrah experienced the maximum decline at 6.1%. Home loan interest rates also moderated by 100 basis points in February 2025.
Taxpayer to pay only Rs 33,000 income tax after selling a house for Rs 70 lakh; ITAT Mumbai ruling explained
A taxpayer successfully challenged the income tax department's LTCG calculation, winning in ITAT Mumbai. The tribunal ruled that indexation benefits should be calculated from the agreement date, not possession date, due to substantial payment made earlier. This decision significantly impacts LTCG tax for property sellers. Read below to know the details.
India's 28-listed realty firms sell properties worth Rs 53k cr in Apr-Jun; Prestige Group leads
India's listed real estate companies witnessed robust sales in the April-June quarter, reaching nearly Rs 53,000 crore, fueled by strong residential demand. Prestige Estates led with the highest sales bookings, followed by DLF, Godrej Properties and Lodha Developers. These top five developers contributed significantly to the total sales, indicating a strong preference for branded players in the housing market.
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