Category: Real Estate News

Regular newsletters compiled and published by Spacio Realtors covering important and newsworthy updates related to Indian real estate and Mumbai in particular.


Realty News October 2017 Issue 2

October 2017 Vol 02 Reforms, New Legislations drive consolidation in Real Estate A raft of reforms and legislations in the real estate sector is driving consolidation with several smaller realty developers either monetising their land parcels on outright basis or entering into joint development or development management agreements Last November’s surprise demonetisation of high-value notes […]

Realty News October 2017 Issue 1

October 2017 Vol 01 Office space vacancy falls on higher demand, lower supply Commercial office space vacancy has almost halved in the last six years due to robust demand from corporates. Office space absorption is not only strong but pre-leasing is also at an all-time high, which is an indication of sustained demand and occupiers’ […]

Realty News September 2017 Issue 2

September 2017 Vol 02 Pre-commitment for Commercial space in key markets on the rise Pre-commitment levels in key office markets across India have been on the rise, which is an indication of sustained demand and occupiers’ interest in commercial spaces. The pre-leasing activity is gathering pace not only for commercial projects to be completed this […]

Realty News September 2017 Issue 1

September 2017 Vol 01 Next round of bad loans may be from Realty Bankers have a new worry these days ­ real estate ­ after being laid low by infrastructure and steel for more than four years. With the collapse of new projects and many existing ones getting stuck after the introduction of Real Estate […]

Realty News August 2017 Issue 2

August 2017 Vol 02 Multiple Cap gains investible in one new house The Income-Tax Appellate Tribunal (ITAT) has held that a taxpayer can invest capital gains for the second or third time towards the same `new’ house property. Tax benefits cannot be denied on this ground, provided the cost of the new house is within capital […]

Realty News August 2017 Issue 1

August 2017 Vol 01 BMC passes city Development plan The Development Plan for the city has been  passed in the BMC. The resolution will now be sent to the state government with 266 amendments proposed by various political party leaders and over 2,000 civic planning panel recommendations. An official from the DP department of the BMC […]

Realty News July 2017 Issue 2

July 2017 Vol 02 Realty Market gets a boost as Foreign, Domestic Institutions infuse big money In the backdrop of an ongoing transformation in business environment, Indian real estate is witnessing a robust rise in investment as both foreign and domestic institutional investors are infusing more funds into the sector. The Indian property market has […]

Realty News July 2017 Issue 1

July 2017 Vol 01 BMC passes proposal to remove property tax on sub-500 sq ft flats BMC has passed a proposal to exempt all houses up to 500 sq ft from property tax ­ the biggest poll promise by the ruling Shiv Sena during civic elections. The proposal, which was passed unopposed in the civic […]

Realty News June 2017 Issue 2

June 2017 Vol 02 `India tops list of nations receiving remittances’ Indians working across the globe sent home $ 62.7 billion last year, making India the top remittance-receiving country surpassing China, according to a UN report. The `One Family at a Time’ study by the UN International Fund for Agricultural Development (IFAD) said about 200 million […]

Realty News June 2017 Issue 1

June 2017 Vol 01 Realty buyers in state to now pay VAT on staggered payments In a move that would impact all real estate transactions across the state, the Maharashtra government has issued a notification to levy value added tax (VAT) based on staggered payments received from home buyers. With this, buyers making payments before June-end […]
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