News for 'House Property'

Delhi minor hires shooter to kill uncle on Diwali; 2 dead

Delhi minor hires shooter to kill uncle on Diwali; 2 dead

Rediff.com1 Nov 2024

According to police officials, the juvenile, a distant relative of the victim, claimed during interrogation that he had a dispute with Akash Sharma involving Rs 70,000 which led him to a hatch conspiracy to kill him.

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.

Man kills mother for stopping him from moving to Canada

Man kills mother for stopping him from moving to Canada

Rediff.com9 Nov 2024

The son revealed that he wanted to migrate to Canada but his family wanted him to marry first.

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.

Amit Shah reviews Manipur situation for 2nd day running

Amit Shah reviews Manipur situation for 2nd day running

Rediff.com18 Nov 2024

Union Home Minister Amit Shah has reviewed the security situation in Manipur for the second consecutive day, directing officials to focus on restoring peace and order in the state. The situation has been volatile following protests and violence after the recovery of bodies of women and children. Shah also ordered the deployment of 5,000 paramilitary troops to assist the state government in handling the situation.

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

'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.'

I-T is the new suitor for Kingfisher House

I-T is the new suitor for Kingfisher House

Rediff.com16 Dec 2013

The I-T dept has repeated its claim after the Karnataka high court rejected a plea from the airline seeking to prevent its lenders from seizing the property.

Average housing prices up 3-10% in Jul-Sep

Average housing prices up 3-10% in Jul-Sep

Rediff.com4 Oct 2022

Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. Bengaluru property market saw highest growth in average housing price as well as average office rent during the third quarter of the 2022 calendar year as compared with the corresponding period of the previous year, property consultant Knight Frank India said in its report 'India Real Estate - Office and Residential Market July-September 2022'. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to Rs 5,428 per square feet in July-September quarter from Rs 4,928 per square feet in the year-ago period.

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

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.

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.

UN team meets Rohingyas in Jammu as BJP protests

UN team meets Rohingyas in Jammu as BJP protests

Rediff.com11 Dec 2024

A two-member team of the United Nations High Commissioner for Refugees (UNHCR) met Rohingya Muslims at a slum in Jammu amid a heated debate whether the illegally settled immigrants be provided water and electricity.

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.

Sachin finally gets tax relief on his Pune property

Sachin finally gets tax relief on his Pune property

Rediff.com15 Aug 2018

Under the I-T Act, if a person has more than one property, one of them may be treated as given on rent even if it is vacant

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.

'How Can I Save Tax If I Earn Less Than Rs 10L?'

'How Can I Save Tax If I Earn Less Than Rs 10L?'

Rediff.com28 Jan 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

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.

Real Estate: Boost to REITs and affordable housing

Real Estate: Boost to REITs and affordable housing

Rediff.com29 Feb 2016

The industry status will help the sector access bank lending at average interest rates

Sahara averts foreclosure auction of US hotel properties

Sahara averts foreclosure auction of US hotel properties

Rediff.com27 Mar 2016

The company has been given time till June by mortgage holders Reuben Brothers

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.

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.

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.

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.

Mob torches Manipur minister's godown, tries to burn down house

Mob torches Manipur minister's godown, tries to burn down house

Rediff.com24 Jun 2023

An attempt was also made to torch another property of the consumer and food affairs minister and his residence at Khurai in the same district on Friday night but timely intervention prevented it.

Planning to buy a house? A MUST read

Planning to buy a house? A MUST read

Rediff.com1 Jul 2010

There is a complete income tax exemption in respect of capital gains in Section 54.

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.

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.

'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.

Housing sales up 49% in Jul-Sep across 8 major cities

Housing sales up 49% in Jul-Sep across 8 major cities

Rediff.com29 Sep 2022

Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.

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.

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.

MP passes bill seeking to recover property damage from protesters

MP passes bill seeking to recover property damage from protesters

Rediff.com23 Dec 2021

The Madhya Pradesh legislative assembly on Thursday passed a bill that provides for recovery of losses from the people and organisations responsible for damaging public and private properties during protests.

'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.

Air India starts vacating offices from govt properties

Air India starts vacating offices from govt properties

Rediff.com9 Sep 2022

The Air India Group has started vacating its offices, which are currently being operated from government-owned properties, from this month, as part of its strategy to consolidate workspaces across the country. The loss-making Air India and its international budget arm Air India Express were taken over by the Tata Group on January 27 this year, after successfully winning the bid for the airline on October 8, last year. Besides these two airlines, Tata Group also holds a majority 51 per cent stake in Vistara, its joint venture airline with Singapore Airlines (SIA), and a 83.67 per cent stake in budget carrier, AirAsia India.

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.

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Rediff.com5 May 2024

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.

'Any tax liability for women earning 6L via stocks?'

'Any tax liability for women earning 6L via stocks?'

Rediff.com27 Feb 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries

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.