News for 'real estate law'

Rest In Peace, Voice Of America

Rest In Peace, Voice Of America

Rediff.com4 Apr 2025

What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.

Son-in-law rises in the Max Group

Son-in-law rises in the Max Group

Rediff.com17 Aug 2016

Sahil Vachani fuels Analjit Singh's new business initiatives

Juvenile court cancels Porsche driver's bail, sends him to observation home

Juvenile court cancels Porsche driver's bail, sends him to observation home

Rediff.com22 May 2024

A 17-year-old boy, who allegedly crashed his high-end car into a motorbike killing two persons in Pune, was granted bail on a surety of Rs 7,500 and an assurance from his grandfather to keep him away from bad company, as per the order.

Realty hits green hurdle as NDA's reforms end up in court

Realty hits green hurdle as NDA's reforms end up in court

Rediff.com16 May 2019

The ease with which city-level master plans are altered and land-use patterns changed without considering carrying capacities or the overall environmental footprint of urbanisation in different states has already created water and air pollution crises in several emerging and existing cities.

Things to know before investing in property abroad

Things to know before investing in property abroad

Rediff.com3 Dec 2015

Dubai, Singapore, London are the top overseas markets for Indians

Jaitley's dig at Sonia: 'Queen' is also answerable to law

Jaitley's dig at Sonia: 'Queen' is also answerable to law

Rediff.com10 Dec 2015

Jaitley said the Congress leaders created a 'Chakravyuh' for themselves through a series of financial transactions where tax-exempt income of a political party was transferred to a real estate company.

Swiss court sentences Hindujas to jail, family files appeal

Swiss court sentences Hindujas to jail, family files appeal

Rediff.com22 Jun 2024

Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.

ED probes land deals involving Priyanka Gandhi, Robert Vadra

ED probes land deals involving Priyanka Gandhi, Robert Vadra

Rediff.com28 Dec 2023

Purchase of three plots of land in Haryana in 2005-06 by Congress leader Sonia Gandhi's son-in-law Robert Vadra from a real estate agent is being probed along with a land deal made by his wife Priyanka Gandhi Vadra, the Enforcement Directorate (ED) claimed in a recently filed money laundering case charge sheet.

'GST to benefit realty sector, reduce tax burden'

'GST to benefit realty sector, reduce tax burden'

Rediff.com3 Aug 2016

Construction costs would be reduced to some extent and this benefit can be passed on to the customers, thereby spurring home buying

RERA: Only 22% happy with grievance redressal system

RERA: Only 22% happy with grievance redressal system

Rediff.com28 Jul 2021

However, the report pointed out that the implementation of the grievance redressal process still has many gaps as "only 22 per cent of the consumers involved in a grievance redressal process were satisfied due to the uncertain timelines involved". The Real Estate (Regulation and Development) Act, 2016, was passed by Parliament in March 2016.

Black Money: Archaic laws won't help, India must ban Mauritius route

Black Money: Archaic laws won't help, India must ban Mauritius route

Rediff.com5 Mar 2015

The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.

SC rejects plea against demolition order on Narayan Rane's Juhu bungalow

SC rejects plea against demolition order on Narayan Rane's Juhu bungalow

Rediff.com26 Sep 2022

The Supreme Court on Monday dismissed a plea challenging the Bombay high court verdict that directed the Mumbai civic body to demolish the unauthorised construction at Union minister Narayan Rane's bungalow in the Juhu area, noting that there was a violation of the Floor Space Index and Coastal Regulation Zone rules.

How Bankruptcy Law FAILED Home Buyers

How Bankruptcy Law FAILED Home Buyers

Rediff.com31 Aug 2021

Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.

Housing sales to breach pre-pandemic levels in 2022

Housing sales to breach pre-pandemic levels in 2022

Rediff.com21 Aug 2022

India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.

How Patanjali 'broke' laws to acquire land in Aravalli hills

How Patanjali 'broke' laws to acquire land in Aravalli hills

Rediff.com19 Jun 2019

The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.

'There is only one law and that is the law of nature!'

'There is only one law and that is the law of nature!'

Rediff.com9 Nov 2017

'Nature doesn't bother even if the Supreme Court says it is legal!' 'If something is in the wrong place, it will be damaged or destroyed by nature.'

We can't take Modi-Trump personal ties for granted because...: Ex-envoys

We can't take Modi-Trump personal ties for granted because...: Ex-envoys

Rediff.com7 Nov 2024

As Donald Trump registered a historic comeback in the US presidential election, many former Indian diplomats on Wednesday concurred that the India-US ties will "continue to grow" from strength to strength, even as some of them cautioned that Trump is "highly unpredictable" and New Delhi will have to "wait and watch" to see what position he adopts going forward.

How resurrected DLF is planning its tryst with Mumbai

How resurrected DLF is planning its tryst with Mumbai

Rediff.com1 Sep 2021

In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.

Porsche teen walks out of observation home after HC order

Porsche teen walks out of observation home after HC order

Rediff.com25 Jun 2024

The teen, who the police claim was drunk and driving the luxury car when it hit a two-wheeler in the early hours of May 19 killing two techies, was lodged at an observation home in Maharashtra's Pune city.

Realtors cheer Centre's LTCG tax decision

Realtors cheer Centre's LTCG tax decision

Rediff.com8 Aug 2024

The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.

Trump's son-in-law we know, meet some other powerful s-i-l

Trump's son-in-law we know, meet some other powerful s-i-l

Rediff.com10 Jan 2017

Sons-in-law are 'in' these days in the circles of power.

What Married Women Must Know About Money

What Married Women Must Know About Money

Rediff.com11 Mar 2024

Make financial planning a part of your education and definitely a part of your marriage, says financial planner Sheetal Jhaveri.

Nayab Singh Saini's Haryana Challenges

Nayab Singh Saini's Haryana Challenges

Rediff.com17 Oct 2024

Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.

Property prices in J&K likely to rise: Anarock

Property prices in J&K likely to rise: Anarock

Rediff.com12 Aug 2019

However, the consultant cautioned that security concern may keep prospective property buyers at bay for now.

Hinduja group firm gets conditional nod to acquire RCap

Hinduja group firm gets conditional nod to acquire RCap

Rediff.com11 May 2024

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.

Delhi woman shot dead at her house by lover's brother

Delhi woman shot dead at her house by lover's brother

Rediff.com28 Oct 2023

A 24-year-old woman was shot dead allegedly by a man in front of her brother and mother inside her house in the southeast Delhi's Jaitpur area, police said on Saturday.

What Happens If Donald J Trump Wins?

What Happens If Donald J Trump Wins?

Rediff.com31 Oct 2024

Showing total disregard for the US constitution, Trump has said that this could be the last election to be held in the country. A Trump presidency could lead to mass deportation of undocumented migrants and harsh family separation, warns Aseem Chhabra.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

Why realty sector gives nightmares to buyers

Why realty sector gives nightmares to buyers

Rediff.com22 Sep 2016

The trust deficit has widened with buyers losing confidence in a developer's ability to construct and deliver a project on time.

RBI asks banks to draw up policy for property deals abroad

RBI asks banks to draw up policy for property deals abroad

Rediff.com10 Apr 2014

The RBI said it has come to its notice that some Indian banks have committed certain lapses while buying or selling real estate and taking or letting out property on lease or rentals in some places in foreign countries, it said in a notification on Thursday.

How to save the property market

How to save the property market

Rediff.com21 Nov 2017

The real estate sector is a major employment provider and the economy cannot afford its hard landing. Harsh Roongta suggests measures that can revive the under-construction market

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

Rau's IAS Study Circle: What You Must Know

Rau's IAS Study Circle: What You Must Know

Rediff.com1 Aug 2024

Rau's felt the need to be where the action was.
The institute that once drew largely elite students also decided to expand its base and cater to a wider pool.

Will Sudhir Valia, Suraksha's 'deal maker' manage to bag Jaypee Infra?

Will Sudhir Valia, Suraksha's 'deal maker' manage to bag Jaypee Infra?

Rediff.com7 Jul 2021

With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.

Profiteering Charges In GST Leave Companies Perplexed

Profiteering Charges In GST Leave Companies Perplexed

Rediff.com13 Jul 2022

Provisions in the Central GST Act say reduction in GST rates or the benefit of ITC must be passed on to consumers.

UPA's housing schemes to merge; Govt for more pvt sector role

UPA's housing schemes to merge; Govt for more pvt sector role

Rediff.com12 Sep 2014

It will be National Housing Mission which will be launched soon

Plea to link Aadhaar with property: HC seeks Centre's reply

Plea to link Aadhaar with property: HC seeks Centre's reply

Rediff.com17 Apr 2023

The Delhi high court on Monday asked the Centre to file reply on a plea seeking linking of immovable and movable property documents of citizens with their Aadhaar numbers to curb corruption, black money generation, and benami transactions.

Liquor ban on highways: Over 1 million jobs may vanish

Liquor ban on highways: Over 1 million jobs may vanish

Rediff.com13 Apr 2017

Liquor sales will obviously be hit. So, will real estate prices at what used to be prime locations, close to major thoroughfares. Food and snack sales close to highways will also, in all probability, be affected.

Karnataka minister booked under Atrocities Act for assaulting woman

Karnataka minister booked under Atrocities Act for assaulting woman

Rediff.com12 Sep 2023

Karnataka Minister D Sudhakar and three others have been booked by the police in Bengaluru based on a complaint by a woman alleging atrocities against her and her family and an assault on her daughter over a property dispute, police officials said on Tuesday.