Bombay High Court Rules No GST On JDAs Once Developer Becomes Property Owner
September 12, 2025: In a landmark ruling offering significant relief to real estate developers, the Bombay High Court’s Goa bench has held that no Goods and Services Tax (GST) is payable on construction services under a joint development agreement (JDA) once the developer secures ownership of the land through conveyance. The verdict, delivered on 21 […]
CREDAI-MCHI Hosts Industry Panel On GST Relief Judgement For Redevelopment Schemes
CREDAI-MCHI yesterday hosted a focused knowledge seminar at its Mumbai office to decode the implications of the recent Bombay High Court order in the matter of M/s Shrinivasa Realcon Pvt Ltd vs Deputy Commissioner, Anti-Evasion Branch, a ruling that has delivered significant GST relief for homeowners involved in redevelopment projects. The seminar featured expert insights […]
CREDAI-MCHI: Rs 30,000 Cr Redevelopment Opportunity In MMR Across 25,000 Buildings
Real estate developers’ apex group CREDAI-MCHI said on May 8 that more than 25,000 structures in the Mumbai Metropolitan Region (MMR) are eligible for renovation, with a total projected project value exceeding Rs 30,000 crore. The agency stressed the need to proactively address viability difficulties to fully realise Mumbai’s redevelopment potential. The cost of approval […]
Group Of Ministers To Examine GST Hurdles Impacting Real Estate & Redevelopment
Ashmitha Enous The issue of GST in redevelopment projects has sparked numerous litigations across India, with petitions filed in various high courts, including those in Mumbai, Nagpur, Gujarat, Delhi, and Karnataka. Highlighting the mounting legal challenges, Rohit Jain, Deputy Managing Partner, Economic Laws Practice (ELP), said, “Several petitions filed across India – Bombay (Mumbai and […]
“85% Of India’s Savings Are In Real Estate”: CREDAI-MCHI Calls For GST Clarity To Save Redevelopment In Mumbai
Sidhant Shekhar Jha Real estate continues to be the backbone of India’s economic and social fabric, and recent legal developments have placed its taxation framework under renewed scrutiny. At a press conference held at CREDAI-MCHI’s New Marine Lines office, Sunny Bijlani, Joint Secretary of CREDAI-MCHI said, “Let me begin by highlighting a fact that affects […]