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Services for NRI Ltd

Good News for Homebuyers: MahaRERA reports a jump in developer compliance rate; project updates rise from 0.2% to 62%

MahaRERA update: The housing regulator stated that 62% of housing projects have updated information so far, up from just 0.02% in January 2023 https://www.hindustantimes.com/real-estate/good-news-for-homebuyers-maharera-reports-a-jump-in-developer-compliance-rate-project-updates-rise-from-0-2-to-62-101739782514698.html

Explained: How the budget’s TDS measures can spur rental housing growth

With overall rental yields from residential real estate being low nationally, the increase in the TDS threshold is expected to primarily benefit landlords and tenants in the metros and large cities. https://www.moneycontrol.com/news/business/real-estate/explained-how-the-budget-s-tds-measures-can-spur-rental-housing-growth-12928819.html

Mumbai Airport’s T1 To Shut For Redevelopment: 10 Million Flyers To Shift To NMIA

Mumbai International Airport Limited (MIAL) has announced a major redevelopment of Terminal 1 (T1) at Chhatrapati Shivaji Maharaj International Airport (CSMIA). The project, set to begin in November 2025, will enhance passenger capacity by 42 per cent, allowing the terminal to handle 20 million passengers per annum (MPPA) once completed by 2028-29. https://timesproperty.com/news/post/your-commute-time-to-office-just-got-shorter-blid7486?offset=1

RBI takes steps to boost rupee in global trade, allows banks to open INR A/Cs overseas for NRIs

The RBI has liberalised FEMA regulations to boost the Indian Rupee (INR) for cross-border transactions, facilitating INR accounts for non-residents, enabling INR transactions between non-residents, supporting foreign investment, and offering flexibility for exporters. https://www.cnbctv18.com/economy/rbi-steps-to-boost-rupee-in-global-trade-allows-banks-to-open-inr-acs-overseas-for-nris-19541764.htm

Coldplay Concert 2025: 5 things you should know about Ahmedabad’s real estate market and infrastructure projects

Coldplay fans from across the country descended upon Ahmedabad over the weekend to attend the concert and many were surprised by the city’s infrastructure https://www.hindustantimes.com/real-estate/coldplay-concert-2025-5-things-you-should-know-about-ahmedabad-s-real-estate-market-and-infrastructure-projects-101737976115601.html