Founders of Macrotech Developers, Abhishek Lodha and his family, have committed nearly $2.5 billion (₹20,000 crore) to charity in a significant move. The family will transfer a large share in Macrotech, making an initial corpus of over ₹20,000 crore for the Lodha Philanthropy Foundation.

Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.

The state cabinet accepted the transfer of 140 acres of Malwani and Aksa property from the suburban collector for the ambitious Dharavi Redevelopment Project. Land will be utilised for rental homes for slum inhabitants ineligible for free housing under the project.

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

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.

Reports have emerged about a potential plan to transfer 11 acres of prime land in Airoli, initially reserved for foreign embassies, to a prominent businessman under the pretext of developing a township.

India's real estate sector would benefit from the Finance Budget 2024's emphasis on affordable housing, infrastructure, and urban planning. The reasons are given by Ghar.

Chief Minister Eknath Shinde said that Mumbai will give TDR of up to 10 stories for airport funnel zone building rehabilitation. Redevelopment has been impeded by height constraints as most buildings in this area are 3-4 storeys. This government strategy promotes urban renewal.

The BMC must follow the Right to Fair Compensation and site Acquisition Act, 2013 to purchase part of a church-owned site in Borivali for a public park, according to the Bombay High Court. The BMC cannot seize the church until the process is followed.

A landmark High Court verdict confirmed that Mohammedan law does not prohibit property transfer documents, emphasising the Karnataka Stamps Act's religion-neutral approach. The Muslim Personal Law (Shariat) Application Act-1937 does not supplant Section 2(q) and Article 48 of the Karnataka Stamp Act

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

In a landmark decision, the Karnataka Real Estate Regulatory Authority (KRERA) has mandated L&T Realty to transfer the ownership of common areas and the pre-maintenance corpus to the Resident Welfare Association (RWA) for the L&T Realty Raintree Boulevard project in Bengaluru.

These proposals encompass various measures, one of which involves the transfer of flats in their current condition, allowing homebuyers to receive their properties without any further obligations to the builder.

Easy access to land records, the Gujarat government has launched the E-Dhara portal.

When a property is subject to future terms and conditions and its transfer is contingent upon a future date, this is known as an Agreement of Sale. When the agreement's terms and conditions are satisfied or the transfer of property has expired, the agreement becomes a sale.