Trending News Archives - Page 28 of 109

How Ramp Parking Is Becoming The New Benchmark For Luxury Homes

In Mumbai’s premium residential market, luxury is increasingly being defined by everyday convenience rather than lavish amenities. One feature that has emerged as a key differentiator is ramp parking, with many homebuyers now viewing it as a hallmark of high-end living. The trend is becoming evident across redevelopment projects in

ITAT Rules: Redevelopment Agreement Registration Alone Does Not Attract Tax

In a significant ruling for property owners involved in redevelopment projects, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that merely signing and registering a redevelopment agreement does not amount to receiving an immovable property and, therefore, cannot trigger taxation under the anti-abuse provisions of the

Developer Cannot Hold Back Conveyance For Future FSI Benefits, Says Bombay HC In Vile Parle Housing Society Case

The Bombay High Court has upheld the deemed conveyance granted in favour of a housing society in Mumbai’s Vile Parle area, ruling that developers cannot delay transferring land and building ownership to flat purchasers with the intention of benefiting from future Floor Space Index (FSI) potential. Justice Sandeep Marne, on