If you are a service provider, especially a real estate agent or a tour operator and not registered with the tax authorities, the service tax department has begun compiling data of such entities and will soon crack down on tax evaders.
The affected lawyers, once considered an 'elite group' among their peers across courts in the state during the peak period of the real estate boom are no longer the envy of their fraternity. Noted civil advocate C Ravindran said four years back, a lawyer used to charge clients who wished to register land, about one per cent of the total land value.
During the past 30 days, prices of medium residential apartments rose by Rs 300-500 per square feet across various nodes in the city. The present prices range at Rs 2,500-3,000 per square foot across nodes like Kamothe, Panvel, Kharghar, Khandeshwar and CDB Belapur, said Srikanth Puduval, a real estate agent.
Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.
A software engineer's death in Noida after his car plunged into a water-filled pit has sparked allegations of negligence against local authorities. An Irrigation Department letter warning about the need for head regulators to manage water accumulation in the area was allegedly ignored.
Sri Manikanta Associated is looking for summer interns to promote Medical Insurance and Real Estate in and around Hyderabad.
It is important to focus on the 'affordability factor'
This Hamlet and most of the film's characters are Hindus, so there is an elaborate wedding sequence with a baraat, dholki players, dancing baraatis, and a dance performance piece, set to the qawwali Mast Qalander.
Singapore is keen on a public-private partnership with India in infrastructure development, especially in real estate and construction sectors, according to a member of a high-level business delegation visiting Chennai.
Traditionally, real estate has been the major investment avenue across the world. The trend is not due for a change as the capital appreciation is good. However there are some points to be thought about.
Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.
Housing Development Finance Corporation on Wednesday announced its foray into the real estate fund business by launching 'HDFC Property Fund' in association with the State Bank of India.
According to BS research, this makes K P Singh the fourth richest Indian by today's market capitalisation, after Mukesh Ambani, Anil Ambani and Sunil Mittal. He overtakes Wipro's Azim Premji, who ranks immediately after him.
Do you know what's the going rate per square foot in your neighbourhood? Is it the best time to buy real estate/ home? Or should you wait for a while before buying your dream home?
Foreign capital flows into the Indian real estate jumped over three-fold to $23.9 billion during 2017-21 period as compared to the previous five years, according to Colliers-FICCI report. In its report 'Foreign investments in Indian real estate turn a corner', property consultant Colliers mentioned that the global investors have shown an increased inclination towards investment in Indian real estate buoyed by regulatory reforms introduced in 2016. "Foreign investors, who had previously refrained from investing in the Indian real estate market due to the lack of transparency, started investing in the country with greater optimism from 2017," Colliers said.
Faridabad Police have registered a case against five individuals, including a former MLA and a former Tehsildar, for their alleged involvement in a property fraud involving the double registration of a house.
The Securities and Exchange Board of India on Monday approved guidelines for real estate mutual funds.
The Rs 4,400 crore (Rs 44 billion) Alliance Group will invest Rs 100 crore (Rs 1 billion) to launch the country's first 24-hour real estate information channel next month.
Before they commanded nations, commanded armies... or commanded headlines, these world leaders once led lives that were unexpectedly ordinary.
Real estate prices in Mumbai, and most cities around the country, have skyrocketed in the past one year. Since Mumbai still remains the price-setter for the rest of the country, let us understand the dynamics of real estate prices in this city.
The Union Budget 2013-14 has been largely neutral as far as Real Estate industry as most of its specific demands/wishes ignored especially that of infrastructure status, allowing ECB for all segments against current affordable housing alone.
The Enforcement Directorate (ED) has attached assets worth over 200 crore belonging to TDI Infrastructure Limited in connection with a money-laundering investigation related to alleged fraud against homebuyers.
Here's a series that will help you understand the factors responsible for why some areas in India are fast emerging as real estate hotspots and help you make informed choices while investing in real estate.
Authorities in Kuwait have launched a crackdown on illegal property extensions in the wake of a devastating fire at a seven-storey building that claimed the lives of 50 people, including 46 Indians, according to a media report on Saturday.
The real estate business thrives on creating excess spaces beyond the permitted building codes, short-changing the buyer, and even opting for poorer quality of material. This finds an enthusiastic resonance among the officialdom. Flouting rules is part of the business model, says Mahesh Vijapurkar.
Over the last weekend, the central bank has tried to address the biggest near-term concern for property companies --bankruptcy -- says a CLSA report. The one-time move, which will allow banks not to classify commercial real estate loans as non-performing loans, will reduce the near-term risks for some property firms.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
Credai is the apex body for real estate developers in the country and represents over 9,000 developers through 128 chapters in 20 states
It proposes to set up a regulator in every state.
Real estate is a sector which generates second highest employment and contributes approximately 5% of the GDP of the country.
It is the fastest growing sector with ever growing concerns.
As per its approved Financial Restructuring Plan, Air India is required to raise Rs 5,000 crore over a period of 10 years through asset monetisation
This year's Budget comes at a time when interest rates are still high and demand for real estate has remained poor.
Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.
Since their inception, they have cumulatively distributed over Rs 26,700 crore to unitholders.
Office redevelopment is emerging as a key growth frontier for developers as India's commercial real estate market shifts towards quality, sustainability, and capital efficiency. With land parcels scarce in central business districts (CBDs) and demand for Grade A offices remaining strong, developers and investors are increasingly turning to ageing office stock in prime locations to unlock value.
It is expected that the global real estate market will see some major improvements in the latter half of the year.
In the second part of this series that identifies fastest emerging real estate hotspots in India, Estatelister.com explains why Kharadi, close to Pune Airport in Maharashtra, is emerging as a new investment hub.
Analysts recommend being selective in picking stocks.
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