Navigating the landscape of Mumbai's Development Control and Promotion Regulations (DCPR 2034) can be a challenge. With recent clarifications and evolving policies, understanding how to maximize Floor Space Index (FSI) while ensuring project viability is more critical than ever. Here is a breakdown of the key regulations shaping redevelopment in the Suburbs and beyond. 1. DCPR 33(7)A: Dilapidated Buildings in the Suburbs This regulation focuses on the reconstruction of author

The Shift in Property Conveyance: From Pure MOFA to the RERA Framework The process of transferring land ownership to a collective of flat purchasers from promoters (builders, developers, and landowners) has been a core obligation under the Maharashtra Ownership Flat Act, 1963 (MOFA, 1963). However, the legal landscape governing this transfer, known as conveyance, has undergone a significant transformation, moving from the simple single-plot developments initially contemplated

The Government of Maharashtra’s new GR dated 11 December 2025 introduces the Occupancy Certificate (OC) Amnesty Scheme 2025, offering major relief to thousands of buildings in Mumbai and MMR that have been occupied without a valid OC for years. The scheme aims to regularize buildings where OC is pending due to developer default, administrative delays, or legacy planning issues, thereby restoring clear property titles and improving access to finance. Under the scheme, housing

In a landmark decision that could redefine tax compliance in the real estate sector, the Supreme Court of India has stayed the levy of GST on Joint Development Agreements (JDAs) — offering major relief to developers and landowners across the country. Under the earlier interpretation, GST was charged on the transfer of development rights (TDR) at the time of signing a JDA — even before the developer received any revenue or built area. This system placed a heavy burden on devel

The introduction of GST 2.0 in India (2025) has brought a fresh wave of reforms with significant implications for the real estate sector. These changes aim to simplify taxation, reduce costs, and increase transparency, ultimately benefiting buyers, developers, and investors. By reducing tax rates on housing and construction materials while improving compliance, the government seeks to boost housing demand and promote long-term growth in the property market. Key GST 2.0 Impact

The Development Control and Promotion Regulations (DCPR) 2034 have introduced transformative provisions under Regulation 33(9) for Cluster Development Schemes (CDS). For builders and architects in Mumbai, these provisions represent a structured framework. They aim to address urban decay while ensuring feasibility in large-scale redevelopment. Significance of Cluster Development Cluster redevelopment enables the consolidation of multiple old and dilapidated buildings into a si

The Indian economy has witnessed significant growth in recent years. This growth has led to an expanding middle class with increasing financial aspirations. One of the key drivers of this growth is the Real Estate Investment Trusts (REITs), which have revolutionized the way people invest in real estate. Understanding REITs REITs offer a unique opportunity for individuals to invest in a diversified portfolio of properties. They provide a steady income stream and the potential

In a significant move towards digitization, the Government of India has introduced a new draft bill aimed at overhauling the 117-year-old...

Owning a home in a city like Mumbai or Pune seems like a distant dream for many. But that may change soon. To tackle the growing housing...

The concept of housing societies taking control of their redevelopment projects is gaining momentum in Mumbai. Recent developments have paved the way for these societies to avail loans to fund their redevelopment.

Mumbai Redevelopment Examining The Mumbai ITAT Decision On The Tax Benefit For Owners Of Flats Under Redevelopment Mumbai Income Tax...

Housing Projects in India The Indian real estate market witnessed a 23% decline in housing sales  across the top nine cities in the...

Real estate has long been considered one of the safest investment avenues in India. The tangible nature of property, combined with the...

The DCPR 2034 aims to enhance land efficiency and promote affordable housing in Mumbai through optimized Floor Space Index (FSI)...

The Real Estate Investment Trust (REIT) market in India is on the rise, capturing the attention of both domestic and international...

Key highlights and my insights: Addressing Middle-Class Housing Needs: The new scheme specifically targets middle-income earners...

The Trans Harbour Link (THL) has the potential to significantly impact Mumbai's real estate landscape, particularly in the micro-markets...

India's real estate landscape is governed by a complex web of laws at both the central and state levels. These laws cover various aspects...

Buying agricultural land in India involves several legal and procedural steps. It's important to note that there are certain restrictions...

Due Diligence while Buying Land in India Buying land is a big investment, and it is important to do your due diligence to ensure that you...