Category: Expert Views

Real Estate Industry's Future

The Real Estate Industry’s Future: How Technology is Changing It

April 17, 2023

The real estate sector is going through a significant shift as technology continues to grow at an unheard-of rate. Technology is transforming how we purchase, sell, and manage real estate, from virtual home tours to blockchain-based property transactions. Virtual and augmented reality (VR and AR) utilization is one of the most significant ways technology is […]

The Real Estate Industry’s Future: How Technology is Changing Itmore

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.

September 22, 2022

There are now 31 CapitaLand Hope Schools across India, China, and Vietnam benefitting over 28,000 children Bangalore, 21 September 2022 – CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group, has launched its second CapitaLand Hope School in Bangalore, India to provide more than 400 children from underserved families with access to education.  CHF has contributed […]

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.more

Ahmedabad Municipal Corporation is in talks with Google for unique address code.

June 17, 2022

The popular quick response (QR) code is not going to be available by Google for every property that are listed inside the municipal limits. This includes all sorts of properties like Residential, Commercial, Chawls and Special Buildings. This is intended to provide a unique identification code for each property. The Ahmedabad Municipal Corporation (AMC) is […]

Ahmedabad Municipal Corporation is in talks with Google for unique address code.more
Property Transfer

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.

June 2, 2022

The unified Municipal Corporation of Delhi has agreed to increase transfer duty by 1% on properties priced above Rs 25 lakh across the city, according to official sources. Buying property in Delhi is about to become more expensive. Officials claimed that after the increase, the transfer duty will be 4% for men and 3% for […]

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.more

The Government is attempting to lower Steel, Plastic, and Cement prices.

May 25, 2022

The government announced a series of tariff reductions aimed at lowering iron and steel, coal, and plastics prices, as well as a pledge to more than double fertiliser subsidy allocations to help farmers cope with the impact of the Ukraine war. In addition to lowering import duties on iron and steel, the finance ministry increased […]

The Government is attempting to lower Steel, Plastic, and Cement prices.more
IPO

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.

May 20, 2022

Keystone Realtors, a Rustomjee group company, is expected to file a draft red herring prospectus (DRHP)  with the market regulator Sebi soon for an initial public offering (IPO) of over ₹1,000 crores. The company raised $170 million in a pre-IPO placement. HDFC Capital, IIFL Group, and Jagdish Master’s family office all participated in the deal, according […]

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.more
Supreme court

Daughters to inherit father’s property in the absence of a will, rules SC

February 3, 2022

The Supreme Court recently ruled that daughters are entitled to inherit their father’s self-acquired property. The daughters of a Hindu male who dies without a will or intestate will inherit the father’s property, according to the Court. In such cases, daughters will be prioritised over other family members such as the father’s siblings’ sons and […]

Daughters to inherit father’s property in the absence of a will, rules SCmore
Waiver on Stamp duty

West Bengal to levy reduced stamp duty till end of March 2022

February 2, 2022

The West Bengal government has decided to levy stamp duty at reduced rates until the end of March, which will significantly boost the residential property market in Kolkata. The third extension follows an outbreak of Omicron across the country, which resulted in a state-by-state lockdown. The 2-percentage-point reduction in stamp duty and 10-percentage-point reduction in […]

West Bengal to levy reduced stamp duty till end of March 2022more