The Group of Ministers (GoM) on real estate has eliminated GST exemptions on private long-term land leases, a critical step. Tourism firms requesting exemptions are affected by this ruling. The meeting additionally discussed important subjects including housing society construction service taxation.

Real estate professionals are concerned about GST on leasehold land transactions. As authorities send GST notifications on stamp duty-exempt transactions, are these transfers sales or services? This may hurt developers, companies, and homebuyers financially.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

Ashish Gumashta, the dynamic managing director of strategic initiatives at Motilal Oswal Financial Services, has bought a luxurious apartment in the coveted Bandra locality of Mumbai for around 36.19 crore rupees.

Vasai-Virar City Municipal Corporation has introduced an online system for property tax payments and accessing 51 different types of documents. This move greatly benefits residents by eliminating the need to visit the municipal office repeatedly, saving time and effort.

A cash flow surplus helped Mumbai-based Sunteck Realty reduce its net debt. This excess, mostly from Satguru Infocorp Services and Starlight Systems' 60 lakh share sales, would be used to accelerate the company's commercial activities.

Square Yards' asset management division, PropsAMC, has helped many individuals become homes. Helping over 300 homeowners settle their legal challenges, it recovered Rs 100 crore of invested capital.

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.

Amazon Data Services India buys a four-acre plot in Mumbai's lucrative Powai district. Larsen & Toubro's 18-year lease is the basis of this transaction.

Marking its dynamic entry into Odisha's booming market, the ESR Group - a prominent real estate services and investment entity with a stronghold in the Asia-Pacific - is gearing up to develop a sprawling logistics park.

In some great news for Thane real estate market and the property market in Majiwada, AWS has bought a huge 60 Acre plot of land in Majiwada. This will surely act as a big boost for the commercial real estate market in Thane and surrounding areas.

As it expands operations in Noida and Pune, Inframantra India, a real estate services company, aims to achieve house sales of Rs 350 crore in the current fiscal year.

The real estate management division of Embassy Group, known as Embassy Services (ESPL), has released a set of guidelines for environmental, social, and governance in its real estate operations (ESGRO).

Bengaluru Based Real Estate Company Embassy Group Leases 4.63 Lakh sq ft office Space to Allianz in in Thiruvananthapuram Kerala. This lease deal consolidates Thiruvananthapuram's position as one of South India’s leading IT/ITeS (Information Technology and IT-enabled Services) locations.