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Maharashtra Government Extends Land Tenure Conversion Deadline to December 2026, Offering Major Relief to Mumbai Housing Societies

Maharashtra government extends Class 2 to Class 1 land conversion deadline to December 2026, offering housing societies reduced premiums and simplified FSI rules to accelerate redevelopment across Mumbai.

By Admin

  • 19th Dec 2025
  • 1126 Views
SEBI's Historic Move: REITs Now Classified as Equity Instruments from January 2026

SEBI has officially reclassified Real Estate Investment Trusts (REITs) as equity instruments effective January 1, 2026, marking a landmark shift that allows mutual funds to allocate equity exposure to REITs and is expected to boost liquidity, attract institutional investors.

By Admin

  • 29th Nov 2025
  • 1168 Views
Urban Wealth Climbs as Middle-Class Shrinks - A Transformative Shift Shaping Indian Real Estate and Economy

Urban India's socio-economic landscape is undergoing a dramatic shift. According to Kantar’s ‘India at Crossroads’ report, the number of affluent households in cities has jumped by 86% from 2019 to 2024.

By Admin

  • 6th Dec 2024
  • 1806 Views
Mumbai Leasehold Housing Societies Can Now Convert to Freehold at 5-10% of Ready Reckoner Rate

Mumbai: Leasehold housing societies can now convert to freehold for a fraction of the Ready Reckoner (RR) fee. The state has granted leasehold housing societies this concession, analogous to collector's land (class 2 occupation).

By Admin

  • 30th Jul 2024
  • 1872 Views
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