News for 'real estate law'

Meet Rahul Gandhi, the smart realty investor

Meet Rahul Gandhi, the smart realty investor

Rediff.com17 May 2016

The shops became a subject of a political controversy last week.

PHOTOS: India's safest and unsafe cities

PHOTOS: India's safest and unsafe cities

Rediff.com9 Dec 2011

A survey conducted to find out the safest cities in India has thrown up some interesting results. The survey was carried out by 99acres.com, a real estate portal, and YouGov, an international internet-based market research firm.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

Planning to buy a house? Wait till May 2017

Planning to buy a house? Wait till May 2017

Rediff.com6 Jun 2016

Once the new real estate Act is implemented, developers won't be able to cheat you.

Dubai properties 60% cheaper than Mumbai

Dubai properties 60% cheaper than Mumbai

Rediff.com7 Apr 2011

A growing number of investors from India are showing interest in Dubai as they look to capitalise on 60 per cent savings per square foot in the Dubai property market, a Dubai-based real estate company has said.

Bombay HC upholds RERA

Bombay HC upholds RERA

Rediff.com6 Dec 2017

The bench, headed by Justice Patil, however, allowed a significant leeway for the developers in the judgment by permitting the state-level RERA Authority and the Appellate Tribunal to consider delays on a case-to-case basis, and not to cancel such projects or developers' registration in cases where the delay was caused due to "exceptional and compelling circumstances."

REL to carve out another subsidiary

REL to carve out another subsidiary

Rediff.com30 Oct 2007

"The Board of the company has approved a proposal to further unlock overall shareholder value by transferring its infrastructure projects to a separate 100 per cent subsidiary, subject to compliance with applicable laws," REL informed the Bombay Stock Exchange.

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

What BJP wants in Budget: Not tax cut, but solutions to 'real problems'

Rediff.com24 Jan 2020

Sources said much has been done to ease the tax burden of the middle classes in the last five years, and that such a measure affects only a limited segment of people when the focus should be to put money in rural areas. Archis Mohan reports.

Breather for Unitech; govt can't take over the realty firm, rules SC

Breather for Unitech; govt can't take over the realty firm, rules SC

Rediff.com13 Dec 2017

Unitech alleged that the takeover of the management of the company by the Centre would make it difficult for them to deposit Rs 750 crore as directed by the apex court to safeguard the interests of homebuyers.

Atiq's killing: Security upped across UP, Internet shut in Prayagraj

Atiq's killing: Security upped across UP, Internet shut in Prayagraj

Rediff.com16 Apr 2023

Prohibitory orders under Section 144 of the Code of Criminal Procedure (CrPC) have been issued in all districts of Uttar Pradesh to prevent any untoward incident.

Why should RBI be answerable to SC, asks Deepak Parekh

Why should RBI be answerable to SC, asks Deepak Parekh

Rediff.com3 Jul 2020

The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.

IndiGo promoters' spat: Rahul Bhatia's tirade continues

IndiGo promoters' spat: Rahul Bhatia's tirade continues

Rediff.com10 Jul 2019

Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.

How HUF status can save you tax

How HUF status can save you tax

Rediff.com19 Feb 2009

Ccertain tax advantages are attached with HUF under the income tax and wealth tax laws.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

Realty sector differs with Piyush Goyal's formula

Realty sector differs with Piyush Goyal's formula

Rediff.com5 Jun 2020

Commerce and Industry Minister Piyush Goyal that the players in the sector should start lowering prices and, if the worst comes to the worst, write off investment as bad business decisions.

UP cops gun down gangster involved in 18 murder cases

UP cops gun down gangster involved in 18 murder cases

Rediff.com5 May 2023

According to the police, a Special Task Force team retaliated when the gangster, recently released from prison on bail, opened fire at them after being cornered. His car had crashed into a pole.

Govt appoints nominees on Maytas boards

Govt appoints nominees on Maytas boards

Rediff.com5 Mar 2009

Within hours of Company Law Board orders, the government on Thursday appointed its nominees on the boards of Maytas Infra and Maytas Properties, the companies promoted by the kin of disgraced founder of the Satyam Computer Services B Ramalinga Raju.

It's official: Republicans nominate Trump for US president

It's official: Republicans nominate Trump for US president

Rediff.com20 Jul 2016

If elected, he would be the first successful businessman without any political experience to become the US president.

Why BJP Lost Faizabad, Home To Ayodhya

Why BJP Lost Faizabad, Home To Ayodhya

Rediff.com5 Jun 2024

'The Constitution of India defeated the BJP.'

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

Ending black money: Death by 1,000 cuts

Ending black money: Death by 1,000 cuts

Rediff.com30 Nov 2016

Manish Sabharwal tackles 5 criticisms of demonetisation.

US developers to put in over $1 bn

US developers to put in over $1 bn

Rediff.com21 Mar 2006

In Godhra, Hindutva and Modi still key factors, but corruption an issue too

In Godhra, Hindutva and Modi still key factors, but corruption an issue too

Rediff.com26 Nov 2022

Twenty years after the burning of a train in Godhra killed 59 'karsevaks' and triggered one of India's worst post-Partition riots, the poll-scape reflects the yawning gulf between the two communities.

First Look: Dr Singh with top US CEOs

First Look: Dr Singh with top US CEOs

Rediff.com15 Sep 2005

Steven S Reinemund, Chairman and CEO, Pepsi, said though there were bottlenecks, India had the best managerial talent and was comparable with any other developed country.

Realtors turn to lawyers to sail through RERA shake-up

Realtors turn to lawyers to sail through RERA shake-up

Rediff.com8 May 2017

States such as Maharashtra have made it mandatory for developers to register the ongoing projects

Covid-19: Zero cash flows force India Inc to sell assets

Covid-19: Zero cash flows force India Inc to sell assets

Rediff.com22 Oct 2020

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.

India flags complex security challenges in Indo-Pacific, seeks joint action

India flags complex security challenges in Indo-Pacific, seeks joint action

Rediff.com26 Sep 2023

Singh emphasised that the Indo-Pacific is no more a maritime construct, but a full-fledged geo-strategic issue, and that the region is facing "a complex web" of security challenges, including boundary disputes and piracy.

How Modi Lost While Winning

How Modi Lost While Winning

Rediff.com6 Jun 2024

For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.

Congress answers 'FAQs' to clear the air on Herald issue

Congress answers 'FAQs' to clear the air on Herald issue

Rediff.com7 Feb 2016

The party also dismissed as 'absolutely false' the claim that Young Indian Ltd, the company formed in the wake of financial troubles concerning Associated Journals Ltd, was a 'real estate company'.

Venugopal Dhoot: From an industry leader to a defaulter

Venugopal Dhoot: From an industry leader to a defaulter

Rediff.com26 Dec 2022

Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of an aggressive small town businessman's pursuit to be on the top. Now arrested in connection with the ICICI Bank loan fraud case, Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like Videocon becoming the largest television set manufacturer in India.

309,000 'shell' company directors disqualified

309,000 'shell' company directors disqualified

Rediff.com6 Nov 2017

Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.

Govt promulgates IBC ordinance; relief for home buyers

Govt promulgates IBC ordinance; relief for home buyers

Rediff.com6 Jun 2018

Home buyers would be able to invoke Section 7 of the IBC against errant developers.

Congress protest 'to save Rs 2000 cr of Gandhis': BJP

Congress protest 'to save Rs 2000 cr of Gandhis': BJP

Rediff.com13 Jun 2022

Irani said the show of strength by the Congress is aimed at putting pressure on the probe agency, and asserted that nobody is above the law "even Rahul Gandhi".

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.

What the Supreme Court told us this year

What the Supreme Court told us this year

Rediff.com31 Dec 2018

From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.

Patanjali's maze of firms that do shady land dealing in Haryana

Patanjali's maze of firms that do shady land dealing in Haryana

Rediff.com21 Jun 2019

Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.

Why tax sops under Section 54 are money-launderer's delight

Why tax sops under Section 54 are money-launderer's delight

Rediff.com28 Dec 2015

Section 54 provides a tax-free method to convert unaccounted money into accounted money, says Harsh Roongta.

CCI pulls up 21 builders for exploiting buyers; but lets them off

CCI pulls up 21 builders for exploiting buyers; but lets them off

Rediff.com4 Feb 2015

Builders were questioned on unfair trade practices.

Explained in Charts: How IBC has evolved in 3 years

Explained in Charts: How IBC has evolved in 3 years

Rediff.com25 Feb 2020

Among manufacturing companies that went to the National Company Law Tribunal (NCLT), chemicals and metal firms witnessed more resolutions while companies in the labour intensive (employment friendly) leather and textile sectors mostly get liquidated, reports Abhishek Waghmare.