News for 'House Property'

NIA attaches 17 properties of J-K businessman in terror funding case

NIA attaches 17 properties of J-K businessman in terror funding case

Rediff.com12 Jun 2023

The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said.

Centre seeks Maha nod to take over Ambedkar's London house

Centre seeks Maha nod to take over Ambedkar's London house

Rediff.com22 Jun 2023

The file has been submitted for approval, the official in the Chief Minister's Office told PTI.

AC Milan star's dream home ruined by Mayor's big mouth

AC Milan star's dream home ruined by Mayor's big mouth

Rediff.com3 Oct 2024

AC Milan striker Alvaro Morata's plan to live in a quaint village on the outskirts of the city has been ditched after the mayor revealed the Spain captain was moving into the locality in a social media blooper.

'Demolitions Taking Place Despite Supreme Court Order'

'Demolitions Taking Place Despite Supreme Court Order'

Rediff.com14 Oct 2024

'Government cannot pick and choose as to against whom they want to take action and against whom they do not want to take action.'

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Luxury property prices up 8-12% in 2022; surpasses 2015 peak level

Luxury property prices up 8-12% in 2022; surpasses 2015 peak level

Rediff.com18 Jan 2023

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty (ISIR) revealed that 61 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) are looking to buy luxury real estate during 2023-24. The sample size of the survey is more than 500 HNIs and UHNIs.

High drama as AAP leaders denied entry to PM, CM residences

High drama as AAP leaders denied entry to PM, CM residences

Rediff.com8 Jan 2025

The Aam Aadmi Party on Wednesday said Rajya Sabha MP Sanjay Singh and Delhi minister Saurabh Bhardwaj would accompany the media on a tour of the chief minister's residence, which the Bharatiya Janata Party claims was turned into a 'Sheesh Mahal' during Arvind Kejriwal's tenure.

Judge, not an agent: Union Minister slams K'taka Covid panel chief

Judge, not an agent: Union Minister slams K'taka Covid panel chief

Rediff.com11 Nov 2024

Joshi said that the D'Cunha Commission released an interim report without issuing a notice to Yediyurappa or Ramulu.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

No third-party allotment of Gir Somnath demolition land: Guj govt to SC

No third-party allotment of Gir Somnath demolition land: Guj govt to SC

Rediff.com25 Oct 2024

A bench comprising Justices BR Gavai and KV Viswanathan took note of the submissions of Solicitor General Tushar Mehta, representing the Gujarat government, and did not pass any interim status quo order in the meantime as sought by the counsel of the Muslim parties.

Three things that could curb bank credit growth this year

Three things that could curb bank credit growth this year

Rediff.com8 Jan 2025

Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.

In a huge relief to homebuyers, allotted houses to stay out of liquidation

In a huge relief to homebuyers, allotted houses to stay out of liquidation

Rediff.com21 Feb 2024

In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.

Amit Shah reviews Manipur situation, directs officials to ensure peace

Amit Shah reviews Manipur situation, directs officials to ensure peace

Rediff.com17 Nov 2024

Union Home Minister Amit Shah has cancelled his election rallies in Maharashtra and is returning to Delhi due to the volatile situation in Manipur. The home minister is likely to hold a meeting to review the situation in the northeastern state, where irate mobs have set fire to the residences of several BJP and Congress legislators. The incidents follow a series of killings and abductions by militants in the state.

Realty transactions: Calculate tax either at 12.5% without indexation or 20% with indexation

Realty transactions: Calculate tax either at 12.5% without indexation or 20% with indexation

Rediff.com6 Aug 2024

The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.

Average housing prices rise 13-33% in past 3 yrs

Average housing prices rise 13-33% in past 3 yrs

Rediff.com23 Nov 2023

Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Rediff.com8 Dec 2024

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

Grenade attack on Manipur minister's residence

Grenade attack on Manipur minister's residence

Rediff.com16 Sep 2024

Manipur minister Kashim Vashum said he and his family members were not at home when the grenade exploded.

Tax Qs on NRIs, LTCG, and Gifts Answered

Tax Qs on NRIs, LTCG, and Gifts Answered

Rediff.com22 Aug 2024

rediffGURU T S Khurana answers readers' personal income tax queries

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Cyclone Dana's landfall process over after 8 hrs

Cyclone Dana's landfall process over after 8 hrs

Rediff.com25 Oct 2024

The landfall process of the severe cyclonic storm Dana was complete on Friday morning and the system took at least eight and half hours to enter the landmass, India Meteorological Department (IMD) said.

Want to save LTCG on property sale?

Want to save LTCG on property sale?

Rediff.com5 Feb 2019

'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'

The House Where Kantara Was Filmed!

The House Where Kantara Was Filmed!

Rediff.com29 Nov 2022

Glimpses of the Sai Radha Heritage property, which has a significant presence in the popular movie, Kantara.

'Against ethos of Constitution': SC halts 'bulldozer justice'

'Against ethos of Constitution': SC halts 'bulldozer justice'

Rediff.com17 Sep 2024

A bench of Justices B R Gavai and K V Viswanathan clarified that its order will not be applicable to unauthorised structures on public roads, footpaths etc.

Items stolen from bungalow vacated by Tejashwi, alleges NDA

Items stolen from bungalow vacated by Tejashwi, alleges NDA

Rediff.com7 Oct 2024

The ruling National Democratic Alliance in Bihar on Monday sparred with the opposition Rashtriya Janata Dal over items allegedly stolen from a government bungalow recently vacated by Tejashwi Yadav, to whom it was allotted while he was the state's deputy chief minister.

7 Facts About Filing Income Tax Returns

7 Facts About Filing Income Tax Returns

Rediff.com25 Jul 2023

RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.

India's top 7 cities register record housing sales in 2022

India's top 7 cities register record housing sales in 2022

Rediff.com27 Dec 2022

Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

Deadlock ends as Mewar heir Vishvaraj Singh completes mourning rituals

Deadlock ends as Mewar heir Vishvaraj Singh completes mourning rituals

Rediff.com27 Nov 2024

Vishvaraj Singh Mewar, the newly anointed titular head of the erstwhile Royal family of Mewar, visited the Eklingnathji temple and Udaipur City Palace to complete his father's mourning rituals. The visit to the city palace was met with a deadlock as the property is under the control of his uncle Arvind Singh Mewar, who warned of legal action on trespass. However, after a consensus was reached, Vishvaraj Singh and four others were allowed to enter the palace premises for darshan. The visit comes after violent clashes in the city following the coronation ceremony of Vishvaraj Singh in Chittorgarh fort.

No GST on properties rented out for personal use

No GST on properties rented out for personal use

Rediff.com12 Aug 2022

The government on Friday said GST will not be applicable on residential units if they are rented out to private persons for personal use. The government dismissed media reports which claimed that there is an 18 per cent Goods and Services Tax (GST) on house rent paid by tenants. In a tweet, the government said GST would be levied only when the residential unit is rented out to a business entity.

Events that shaped Indian businesses in 2024

Events that shaped Indian businesses in 2024

Rediff.com1 Jan 2025

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.

Vadodara: Residents oppose allotment of flat to Muslim woman

Vadodara: Residents oppose allotment of flat to Muslim woman

Rediff.com14 Jun 2024

Several residents of a housing complex built by the Vadodara Municipal Corporation (VMC) under a Gujarat government scheme have been staging protests against the allotment of a flat to a Muslim woman, saying the locality is meant only for Hindus.

Centre to take over 123 Delhi Waqf properties; won't allow it, says AAP's Khan

Centre to take over 123 Delhi Waqf properties; won't allow it, says AAP's Khan

Rediff.com17 Feb 2023

Khan asserted that he will not allow the central government to take over the waqf properties.

Government contemplates tax incentives for housing projects

Government contemplates tax incentives for housing projects

Rediff.com24 Nov 2015

Government contemplates tax incentives for housing projects.

TAX GURU: How to calculate tax on property sold?

TAX GURU: How to calculate tax on property sold?

Rediff.com15 Dec 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

'What Will Be My Tax Outgo If...?'

'What Will Be My Tax Outgo If...?'

Rediff.com17 Sep 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Property registration in Mumbai hits 10-year high

Property registration in Mumbai hits 10-year high

Rediff.com28 Dec 2021

Property registrations in Mumbai hit the 100,000-mark till November, marking a 10-year high as "demand enablers" like low prices and cheaper interest rates lure people to buy homes in India's financial capital. The previous 10-year high was 80,746 units in 2018. November 2021 recorded property sale registrations of 7,582 units: an 18 per-cent decline compared to same month last year (YoY) when stamp duty rate was at its lowest level of two per cent, said property consultant Knight Frank India, quoting data from the Maharashtra government's Department of Registrations and Stamps. Compared to October or a month-on-month (MoM) basis, registrations are lower by 12 per cent.

Is Nuclear Deal PM Singh's Biggest Achievement?

Is Nuclear Deal PM Singh's Biggest Achievement?

Rediff.com30 Dec 2024

The India-US nuclear deal was aimed at ending India's nuclear isolation and nuclear apartheid, recalls Rup Narayan Das.

Millennials Spark Luxury Homes Demand

Millennials Spark Luxury Homes Demand

Rediff.com20 Jun 2024

High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.

'How To Avoid Capital Gain Tax?'

'How To Avoid Capital Gain Tax?'

Rediff.com27 May 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries.

Housing sales up 8% in Q1 across eight cities

Housing sales up 8% in Q1 across eight cities

Rediff.com28 Jun 2023

Housing sales rose 8 per cent annually during the April-June period to 80,250 units across eight major cities, mainly on increased demand in Mumbai and Pune, according to PropTiger. Sales stood at 74,320 units in the year-ago period across primary (fresh sales) residential markets of the top eight cities. The housing brokerage firm on Wednesday released its Real Insight Residential - April-June 2023 report, stating that housing sales rose in three cities Mumbai, Pune and Ahmedabad but declined in other five major cities -- Delhi-NCR, Bengaluru, Hyderabad, Chennai and Kolkata.

Your I-T Returns Questions Answered!

Your I-T Returns Questions Answered!

Rediff.com25 Jul 2023

rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.