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Category: World Real Estate News

Navanaami unveils its Magnum Opus – Megaleio: Hyderabad’s newest Landmark and the Destination for Luxury Living.

May 28, 2024

Spread over 1 acres, Megaleio will be in the lap of the nature, surrounded by a 1200-acre of greenery and amidst protected waterbodies Himayat Sagar and Osman Sagar.   Megaleio enjoys the most unique location in Appa Junction Peerancheru, with just 20 minutes away from the RG International Airport and 15 minutes from Financial District. […]

Navanaami unveils its Magnum Opus – Megaleio: Hyderabad’s newest Landmark and the Destination for Luxury Living.more

Trifecta Projects Private Limited launches a new housing project in Bengaluru.

May 27, 2024

An Eco-luxury living project, Trifecta Vanto, is located in the prime area of Sarjapur Road in East Bengaluru Bengaluru, 24th May 2024: Trifecta Projects Private Limited, a renowned homegrown builder in Bengaluru, announces the launch of a new housing project, Trifecta Vanto. This one-of-its-kind project is located in the prime area of Sarjapur Road in […]

Trifecta Projects Private Limited launches a new housing project in Bengaluru.more

Madhur Gupta Joins Hero Realty as CEO.

Brings Transformative Leadership to Hero Realty Pvt Ltd New Delhi, May 24, 2024: Hero Realty Pvt Ltd (HRPL) has announced the joining of Mr Madhur Gupta as its new Chief Executive Officer. With an illustrious career spanning over three decades, Mr Gupta brings a wealth of experience and a track record of transformative leadership to […]

Madhur Gupta Joins Hero Realty as CEO.more
Tax

Key date of residence for tax benefits: ITAT

May 25, 2024

MUMBAI: The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has concluded recently that, in the instance of an under-construction property, the date of possession is what counts toward qualifying for a tax advantage under section 54 of the Income-tax (I-T) Act. This decision is significant because it establishes a deadline for making an investment […]

Key date of residence for tax benefits: ITATmore
MAHA RERA

20,000 real estate agents’ registrations are suspended by MahaRERA.

May 24, 2024

MUMBAI: Only 13,000 real estate brokers remain in the state of Maharashtra after the real estate authority in the state announced on Thursday that it has suspended the registration of 20,000 brokers. The regulator, which started registering middlemen for real estate transactions in 2017, has 47,000 agents registered in total.13,785 agents had their registrations canceled […]

20,000 real estate agents’ registrations are suspended by MahaRERA.more

The Bengaluru civic government is owed Rs 711.1 crore in taxes by over 3.60 lakh properties.

May 22, 2024

BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is having a lot of trouble getting property taxes from some of the most prominent establishments in the city, including hotels, malls, developers, educational institutions, and charity trusts. Approximately 3.63 lakh homes owed Rs 711.1 crore in taxes as of May 18. With 57,043 houses owing Rs 95 crore, […]

The Bengaluru civic government is owed Rs 711.1 crore in taxes by over 3.60 lakh properties.more

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.

May 20, 2024

Dateline: Mumbai: Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, […]

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.more
Investment

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more

The government wants to make brokers and builders accountable for unsolicited calls.

May 15, 2024

NEW DELHI: The government wants to hold brokers, banks, insurance providers, real estate developers, and other businesses accountable for contacting people using numbers that aren’t registered with the Telecom Regulatory Authority of India (Trai). This includes holding agencies that make “pesky calls” on their behalf. With their poorly implemented programs like the now-defunct “do not […]

The government wants to make brokers and builders accountable for unsolicited calls.more

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