The real estate landscape in Maharashtra is on the cusp of a significant transformation. In a major move, the Maharashtra government has officially proposed a separate, dedicated RERA-like law specifically for regulating real estate redevelopment projects. This pivotal change, outlined in the new Maharashtra Housing Policy 2025, aims to address the distress of thousands of flat owners and bring...
Are you an Indian property investor or a professional using real estate for your practice? You might be leaving significant money on the table if you're not utilizing one of the most powerful tax reduction tools available: real estate depreciation. Far from being a complicated accounting trick, depreciation is a legally sanctioned method under the Income Tax Act (IT Act) to reduce your taxable...
Despite a recent increase in ready reckoner (RR) rates—the first in three years—the Maharashtra real estate market is showing incredible resilience and strength. New data reveals that the state has collected a whopping ₹29,795 crore in stamp duty and registration fees as of October 12. This impressive figure represents 46.9% of the financial year's ₹63,500 crore annual target, collected...
New Upfront Security Deposit to End Stalled Projects In a significant move to safeguard residents and boost confidence in the real estate sector, Maharashtra's Deputy Chief Minister, Eknath Shinde, has announced a pioneering new housing policy. This mandate requires developers to deposit the equivalent of three years' rent upfront before starting any redevelopment work. This critical measure is...
Maharashtra's innovative intra-district property registration facility has successfully streamlined the process for thousands of residents. Since its launch on May 1st, the system has logged over 60,000 registrations, allowing individuals to complete property transactions at any sub-registrar office within the same district, regardless of the property's location. This new facility, designed to...
The Maharashtra government's new housing policy, approved in May 2025, proposes a separate, dedicated law similar to the Real Estate Regulatory Authority (RERA) Act specifically for redevelopment projects. This significant move aims to provide a much-needed legal framework for a sector not currently regulated by MahaRERA, addressing common issues faced by property owners. Why a new law for...
The dream of owning a home is deeply ingrained in the Indian psyche. It's more than just bricks and mortar; it's a symbol of security, stability, and belonging. In Maharashtra, a state bustling with economic activity and a rapidly growing population, this dream often faces the harsh realities of soaring property prices and limited affordable options. Recognizing this pressing need, the Maharashtra...
Goa, the land of sun, sand, and serendipity, has long been a siren call for travelers. But beyond the vibrant nightlife and laid-back vibe, this coastal paradise is a burgeoning hub for real estate. For home buyers and astute investors, a property near a goa beach isn't just a vacation home; it's a valuable, appreciating asset. This article dives deep into the investment potential of Goa's coastline,...
Once known primarily for its high-end real estate, Gurgaon, the "Millennium City," is now emerging as a beacon of hope for aspiring homeowners with a more modest budget. Thanks to proactive government initiatives and a shift in market dynamics, affordable housing in Gurgaon has become a viable and attractive option for a broad spectrum of the population, from first-time home buyers to savvy real estate...
For many Indian families, owning a home is a lifelong dream. The soaring cost of real estate in urban and rural areas, however, makes this dream seem out of reach. This is where the Pradhan Mantri Awas Yojana (PMAY) steps in, a transformative government-backed scheme designed to make affordable housing a reality for millions. But before you start imagining your new home, it’s crucial to...
