Maharashtra Real Estate News & Property Updates

Pune

Smartworks Leases 1.64 Lakh Sq Ft Office Space in Pune in ₹87.5 Crore Deal

Archisha Mondal Jul 20, 2026 0

Flexible workspace operator Smartworks has leased 1.64 lakh square feet of office space in Pune in a major commercial real…

Mumbai

Notandas Realty Acquires Wilson Pens Family Bungalow in Juhu for ₹135 Crore

Archisha Mondal Jul 20, 2026 0

Notandas Realty has purchased the iconic Villa Wilson bungalow in Mumbai’s upscale Juhu locality for ₹135 crore. This adds another…

Mumbai

CIDCO Leases Nerul Land for ₹177 Crore in Major Navi Mumbai Real Estate Deal

Archisha Mondal Jul 19, 2026 0

The City and Industrial Development Corporation of Maharashtra (CIDCO) has signed a major land lease agreement for a prime land…

Pune

Mulshi Land Deal Draws Attention After Ranbir Kapoor’s ₹16.42 Crore Purchase

Archisha Mondal Jul 17, 2026 0

A high-value Mulshi land deal has grabbed attention after Bollywood actor Ranbir Kapoor purchased nearly 25 acres of land in…

Maharashtra

Maharashtra Housing Act Amendment Paves the Way for Redevelopment of 13,000 Old Buildings

Archisha Mondal Jul 17, 2026 0

A proposed Maharashtra Housing Act amendment could help restart the redevelopment of more than 13,000 old and dilapidated buildings across…

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…

Gurgaon

Smartworks Leases 1.64 Lakh Sq Ft Office Space in Pune in ₹87.5 Crore Deal

Notandas Realty Acquires Wilson Pens Family Bungalow in Juhu for ₹135 Crore

CIDCO Leases Nerul Land for ₹177 Crore in Major Navi Mumbai Real Estate Deal

Mulshi Land Deal Draws Attention After Ranbir Kapoor’s ₹16.42 Crore Purchase

Maharashtra Housing Act Amendment Paves the Way for Redevelopment of 13,000 Old Buildings

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

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