"Earlier Haj House was made in Ghaziabad. Our government constructed Kailash Mansarovar Bhawan. Earlier the mafia used to harass traders, but now no mafia can dare to grab property of any trader, doctor or a poor person...," he said.
With the real estate sector witnessing robust demand, realtors are doling out freebies and offering a slew of attractive schemes to lure potential customers this festival season. "Developers are providing Amazon vouchers that go up to Rs 1 lakh, iPads, and flexible payment plans that propel customer excitement," said Angad Bedi, managing director at real estate company BCD Group. Bedi said customers have a mindset to go for a change during the festival season, and developers see it as an opportunity to combine it with long-term and practical offers that drive buyers to close in on a deal during this period.
Heavy overnight rains in Uttar Pradesh on Friday led to the deaths of at least 22 people, including nine labourers who were buried alive under the debris when an under-construction wall in the state capital collapsed on their huts.
Police used tear gas shells to disperse the mob as it was believed that it would target other properties.
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
As part of its plan to cut back on tax exemptions, the finance ministry may withdraw the 30 per cent rebate available on the total rental value of unoccupied properties in the forthcoming Union Budget.
Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity. Sales stood at 78,472 units in the year-ago period in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
The Congress leader also said that the BJP wants to change the Constitution, and reduce and weaken the rights given to the people through the statute book.
Several income tax proposals, including 30 per cent tax on income from trade in cryptocurrencies will come into effect from Friday. Also, the revised norms for levy of 1 per cent TDS (tax deducted at source) on sale of immovable property exceeding Rs 50 lakh will come into effect from April 1, the beginning of the new financial year. As per the revised norms, TDS of 1 per cent shall be deducted on consideration or stamp duty value, which ever is higher, as against the earlier provision of consideration.
The documents also alleged that Ibrahim's right-hand man Muhammed Iqbal 'Mirchi' Memon amassed huge properties in the UK.
NRI demand would help offset the liquidity problem, which is presently affecting realty sales.
'Dharti par jo Rab hota hai, woh hai pitaah (There's a God on earth, and it's a Father).'
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Four earthquakes, the strongest being of magnitude 6.2, jolted Nepal in quick succession with tremors reverberating through parts of north India including Delhi-NCR, the National Centre for Seismology (NCS) said on Tuesday.
Kejriwal, who is also the national convener of the AAP, won the confidence motion with the support of 54 MLAs and said no legislator of his party defected.
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
Post your financial planning queries for rediffGURU and financial planning expert, Colonel Sanjeev Govila.
The police have questioned multiple autorickshaw drivers, including the one who brought the suspect to the spot before the blast took place.
The Uniform Civil Code of Uttarakhand, 2024 bill also says that any child born of a live-in relationship shall be considered a legitimate child.
This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.
Most borrowers of loans against property pin hopes on future cash flows from their business, but in case of failure to repay the loan, the lender can repossess the property and sell it.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
Fresh housing supply rose 43 per cent quarter-on-quarter across six cities during January-March to around 80,000 units, mainly driven by a revival in the demand for residential properties, according to proptech firm Square Yards. Technology-led real estate consultant Square Yards sells homes on behalf of builders and facilities home loans to consumers. In its report 'India Residential Overview: Jan-Mar 2022', Square Yards has covered Hyderabad, Bengaluru, MMR (Mumbai Metropolitan Region), Pune, Noida and Gurugram.
Keep revising the sum insured at the time of renewal to keep it in line with inflation.
Income from renting of properties is taxed at a flat rate of 10%.
Police attached property of absconding Rajballabh Yadav, a MLA of the ruling RJD who is accused of raping a minor girl and failed to surrender in the court, police said.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
'If you miss the deadline, you can still file a belated tax return till March 31, 2021, with a fee under Section 234F, which could be up to Rs 10,000, in addition to an interest under Section 234A and 234B of the Act.'
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
Manchester United have condemned an attack on the home of the club's executive vice-chairman Ed Woodward by a group of hooded individuals appearing to throw red flares over the gate. A video posted on social media showed the group gathered outside the house in Cheshire chanting threats towards Woodward, who is married with two children.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
Indian property market has been increasing at between 30-35 per cent per annum, and will continue to see huge demand in the coming years.
Housing sales fell 37 per cent year-on-year during the 2020 calendar year while gross office space leasing declined 35 per cent on low demand because of the coronavirus pandemic, but demand improved significantly in the last quarter to cross pre-COVID level, property consultant Knight Frank India said on Wednesday. In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 154,534 units in 2020 across eight cities as compared with 245,861 units in the previous year.
In a setback to the West Bengal government, the Supreme Court on Monday dismissed its plea challenging a Calcutta high court order transferring to the Central Bureau of Investigation (CBI) the probe into the January 5 attack on an Enforcement Directorate (ED) team in Sandeshkhali, allegedly by supporters of the now suspended TMC local strongman Shahjahan Sheikh.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
NRIs are increasingly buying properties in India online.
You may not believe it but data show average real appreciation in residential property in urban India over 2007-14 was zero.
Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.
'They are starting to move more quickly and we would just like to continue to see bold action being taken.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances