Maharashtra Real Estate News & Property Updates

Mumbai

Housing Society Loses Bid to Restrict Clubhouse Access, Says MahaRERA

kaustubh Jul 16, 2026 0

A housing society near Mumbai has failed to get an order preventing tentants and guests from using the clubhouse in…

The Nagpur Municipal Corporation has announced that there will be no new taxes or increase in existing taxes on the standing committee’s budget presented on June 27. However, the property tax department has introduced a proposal for a 10% property tax hike on the agenda for the committees’ first meeting, to be held on July 10. Sources say that, according to the proposal, the hike is expected to generate an additional 15.42 crore in revenue for the NMC. The property tax department has submitted a proposal as part of the annual revision in tax rates. The proposal seeks an increase in the sewerage benefit tax from 1% to 2% and the fire tax from 1% to 2%. Overall, the property tax department estimated that the revisions will result in an average 10% increase in property tax collections. However, there are no proposed changes to the state education cess, employment guarantee cess, or large residential building tax. Further, the revision is being pushed under Section 99 of the Maharashtra Municipal Corporation Act, which allows the civic body to set annual tax rates. These rates are normally approved in February. Due to the overall budget delay, officials noted that any approved hikes will be recovered by adding the revised amount to the next property tax bills. Thereby, the Standing Committee Chairperson Shivani Dani, who previously said that there would be no tax burdens, must decide whether to approve or reject this proposal during the July 10 meeting. Sourced from The Live Nagpur

Maharashtra

Despite Budget Assurances, House Tax Is Likely To Rise By 10% In Nagpur

Devasri Jul 9, 2026 0

The Nagpur Municipal Corporation has announced that there will be no new taxes or increase in existing taxes on the…

Mumbai

BMC Standing Committee Approved Policy to Regularize Non-OC Buildings

Devasri Jul 9, 2026 0

The Mumbai BMC Standing Committee has approved the OC Amnesty Scheme to regularize occupied buildings currently lacking an Occupation Certificate…

Mumbai

Mumbai Cooperative Housing Society’s Stamp Duty Reduced to 0.5%

Devasri Jul 8, 2026 0

On July 7, 2026, Maharashtra Revenue Minister Chandrashekhar Bawankule announced a steep reduction in stamp duty for registration of 99-year…

Mumbai

Former Lodha Developers Director Denied Bail In ₹181 Cr Corporate Land Case

Devasri Jul 7, 2026 0

On July 6, 2026, a Mumbai sessions court denied bail to Rajendra Lodha, a former director of Lodha Developers, in…

Mumbai

How Does Mumbai’s Realty Market Look In 2026? What Investors Should Be Aware Of?

Devasri Jul 4, 2026 0

Despite the years, factors like locations, lifestyle, or living space defined buyers’ sentiments. In 2026, the returns are increasingly concentrated…

Maharashtra

Why Investors Cannot Claim A Refund Under The RERA Act?

Devasri Jul 4, 2026 0

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that pure financial investors cannot use RERA laws to get refunds…

Pune

Shapoorji Pallonji Real Estate Launches ‘Vyomora’ Residential Project in Hinjawadi

Devasri Jul 3, 2026 0

Shapoorji Pallonji Real Estate (SPRE), a prominent Indian developer and real estate arm of Shapoorji Pallonji Group, focuses on doing…

Mumbai

Mumbai Property Registration Records Massive Momentum In H1 2026; Report

Devasri Jul 1, 2026 0

Mumbai’s real estate is witnessing a structured growth with property registrations having hit their highest in over a decade, driven…

Mumbai

Housing Societies Are Only Entitled To Proportionate Shares Of Land; Bombay HC

Devasri Jun 30, 2026 0

The Bombay High Court has ruled that cooperative housing societies are only entitled to proportionate shares of land. Stated that…

Telangana

NoBroker Times

Housing Society Loses Bid to Restrict Clubhouse Access, Says MahaRERA

Despite Budget Assurances, House Tax Is Likely To Rise By 10% In Nagpur

BMC Standing Committee Approved Policy to Regularize Non-OC Buildings

Mumbai Cooperative Housing Society’s Stamp Duty Reduced to 0.5%

Former Lodha Developers Director Denied Bail In ₹181 Cr Corporate Land Case

How Does Mumbai’s Realty Market Look In 2026? What Investors Should Be Aware Of?

Why Investors Cannot Claim A Refund Under The RERA Act?

Shapoorji Pallonji Real Estate Launches ‘Vyomora’ Residential Project in Hinjawadi

Mumbai Property Registration Records Massive Momentum In H1 2026; Report

Housing Societies Are Only Entitled To Proportionate Shares Of Land; Bombay HC

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