With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
The top court asked the state government to spell out details of its actions taken against the culprits and the encroachers.
In a significant verdict, the Supreme Court by a majority of 7:2 on Tuesday held all private properties cannot form part of "material resources of the community" empowering states to take them over for distribution to serve "common good" under the Constitution.
Police on Monday detained a close associate of cleric and Ittehad-e-Millat Council chief Tauqeer Raza Khan in connection with the recent violence in Bareilly during a protest in support of the 'I Love Muhammad' campaign, officials said.
A truck driver, allegedly abducted after a road rage incident in Navi Mumbai, has been rescued from the house of former IAS probationer Puja Khedkar in Pune, police said.
With cricket being included in the 2028 Olympics, its popularity will further surge. I'm humbled and excited about this unique collaboration between the cricket boards of Ireland, Scotland, and the Netherlands.
The Supreme Court on Wednesday said the Constitution intended to bring about a 'sense of social transformation' and it would be 'dangerous' to say that the private property of an individual cannot be regarded as material resources of community and taken over by state authorities to subserve 'common good'.
rediffGURU T S Khurana answers readers' personal income tax queries
'The move to remove indexation benefits on LTCGs presently available for property, gold, and other unlisted assets may have a negative impact as it directly impacts real estate investors.'
Rai said as per the information provided by the government of Jammu and Kashmir, after the abrogation of Article 370, a total of 520 migrants have returned to Kashmir for taking up the jobs under the Prime Minister's Development Package-2015.
UK police are appealing for information after an Indian rider's motorbike, used for a round-the-world trip, was stolen in Nottingham. The bike contained the rider's passport, laptop, and other personal belongings.
'AdFalciVax may offer advantages such as broader protection and a lower risk of immune evasion compared to existing single-stage malaria vaccines.'
Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025
Senior advocate Abhishek Manu Singhvi, representing Sonia Gandhi, argued that the Enforcement Directorate's National Herald case is 'truly a strange' one, citing the absence of property or its use in the alleged money laundering.
A few days back, the Nagpur Municipal Corporation issued a notice to Khan, citing various lapses and lack of the building plan approval (for his house), sources said.
The federal agency alleged in a statement that it has "found" documents related to about half-a-dozen houses, flats and a farmhouse owned by the doctor couple during searches conducted against them and their "close relatives" on September 6 at seven locations in Kolkata.
The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.
The Supreme Court has put on hold the Uttar Pradesh government's plan to develop the Shri Banke Bihari Temple Corridor in Vrindavan, citing a lack of consultation with key stakeholders. The court questioned the state's approach and the urgency of enacting an ordinance to take over the temple's management.
According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
As per the practises and tradition at the temples, any offerings made into the hundial directly goes into the account of the deity of that temple. Rules do not permit the administration to return the offerings back to the devotees, Babu told reporters in Chennai.
The matter would be heard by Chief Justice B R Gavai and Justice Augustine George Masih.
Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'
The Supreme Court on Monday said the pleas challenging the Waqf (Amendment) Act's constitutional validity will now be taken up by a bench headed by Chief Justice of India-designate Justice B R Gavai on May 15 as the incumbent CJI will be demitting office on May 13.
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
The government on Tuesday sought to address a significant concern stemming from the 2024-25 Budget announcement by introducing flexibility in the computation of long-term capital gains (LTCG) tax on unlisted assets, including properties. For any assets, such as land or buildings, acquired before July 23, taxpayers can choose between the new and old regimes, opting for whichever results in a lower tax liability. Under the new LTCG regime, the tax rate is set at 12.5 per cent without the benefit of indexation.
rediffGURU T S Khurana answers readers' personal income tax queries.
The Supreme Court on Monday said the trial of the Manipur ethnic violence cases, probed by the Central Bureau of Investigation, would be conducted in Guwahati, Assam, where it was transferred to earlier.
The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.
The Supreme Court of India began hearing a batch of petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The bench, led by Chief Justice Sanjiv Khanna, asked both sides to address whether the court should entertain the petitions or relegate them to the high court. The hearing is underway with senior advocate Kapil Sibal arguing for the petitioners. The act, which was passed by Parliament following heated debates, has been challenged by various parties including AIMIM leader Asaduddin Owaisi, All India Muslim Personal Law Board (AIMPLB), and Jamiat Ulama-i-Hind.
Selling property below market value can lead to litigation. Tinesh Bhasin offers tips on how to avoid it.
Popular Youtuber Savukku Shankar, known for his criticism of the ruling DMK in Tamil Nadu, had his residence targeted by a group of individuals who allegedly dumped sewage and human faeces inside. The incident has sparked outrage with opposition leaders condemning the act and demanding swift action. Shankar alleges the attack was orchestrated by a top Tamil Nadu Congress Committee leader and a police official, citing a prior corruption expose he made. The police are investigating the incident.
The Supreme Court of India has rejected a plea by a woman claiming to be the legal heir of the Mughal emperor Bahadur Shah Zafar-II, seeking possession of the Red Fort in Delhi. The court termed the plea as "misconceived" and "meritless", dismissing the petition against the Delhi High Court order. The petitioner, Sultana Begum, argued that her family was deprived of the Red Fort by the British East India Company after the first war of Independence in 1857. The court, however, dismissed the petition, citing the delay in filing the appeal and the lack of justification for the claim.
The Brihanmumbai Municipal Corporation (BMC) has decided to impose property tax on commercial establishments operating in slum areas and is also considering the levy of a Solid Waste Management (SWM) user charge in the future. The civic body is expecting to collect a total of Rs 5,200 crore in property tax during the next financial year. The BMC intends to levy an SWM charge on Mumbaikars in a phased manner though it would not be levied in FY 2025-26.
Macrotech Developers will continue to use the 'Lodha' brand while the younger brother will continue to operate under 'House of Abhinandan Lodha' brand, as per the agreements between the two brothers under the guidance of their parents.
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