Category: Realty_Quarter

Income Tax Department

Tax benefits on investments in another home will still be available to joint owners of the current apartment: ITAT

April 9, 2024

MUMBAI: It is not unusual for a spouse’s name to appear on a flat title. Many people may find value in a recent ruling made by the Income-tax Appellate Tribunal’s (ITAT) Mumbai branch. The Income-tax (I-T) Act’s section 54-F, which deals with long-term capital gains, states that a spouse who co-owns an asset and then […]

Tax benefits on investments in another home will still be available to joint owners of the current apartment: ITATmore

Promotioners of illegal construction in Shantinagar are subject to penalties by the Calcutta High Court.

April 7, 2024

KOLKATA: Two promoters of an unlawful G+4 building at Shantinagar in Salt Lake’s ward 35 were hit with a penalty of Rs 1 crore by the Calcutta High Court on Wednesday. They were also ordered to provide their bank account information, income tax reports, and a list of their own assets by April 12. The […]

Promotioners of illegal construction in Shantinagar are subject to penalties by the Calcutta High Court.more

LAUNCH OF TARC KAILASA

April 5, 2024

TARC Limited, New Delhi-based luxury Real Estate company listed on NSE & BSE announced the launch of its ultra-luxury; high-rise New Delhi Residential Project TARC KAILASA centrally located in New Delhi on main Patel Road. The Company proudly announced one of the biggest launches in the capital city. TARC KAILASA, a 1.7 million square feet […]

LAUNCH OF TARC KAILASAmore
Home loan

Stable Repo Rates to Keep Residential Momentum Going

    Anuj Puri, Chairman – ANAROCK Group With the fundamentals of the Indian economy remaining strong despite all global headwinds and inflation well under control, the RBI once again decided to keep the repo rates unchanged at 6.5%, thus extending the festive bonanza that it gave to the homebuyers in its last two policy […]

Stable Repo Rates to Keep Residential Momentum Goingmore

SOBHA_Quarterly-financial-results_Q3-2024

Sobha continues to exhibit a strong performance, driven by robust sales momentum and operational discipline Bangalore, 7 February 2024 Sobha Limited (SOBHA) announced its financial results for the quarter ending December 31, 2023 (Q3FY24). Reported strong results with impressive sales and operational growth across all regions. Brief highlights include: Achieved highest ever collection, realisation and […]

SOBHA_Quarterly-financial-results_Q3-2024more
House

Trend of Kamanewala Ghar on the rise in India

  Resort homes near Mumbai witness an uptick in demand, post-infrastructural boost  Holiday Homes market growing at a rate of 23.6%: Research   The travel bug has caught the imagination of the Indian people and we are seeing the highest figures recorded ever, in the last two to three years. Domestic tourism is seeing a […]

Trend of Kamanewala Ghar on the rise in Indiamore
dollar

ANAROCK raises ~INR 200 Cr (USD 25 Mn) funding from 360 ONE Asset

Funds to be deployed into the Firm’s overall business growth and industry-leading Proptech platforms Collaboration to create further value for ANAROCK customers in the fast-growing Indian real estate sector New tech development to leverage Indian real estate potential to surpass USD 1 Tn by 2030 Mumbai, 5 February 2024 – ANAROCK, a leading Indian independent real […]

ANAROCK raises ~INR 200 Cr (USD 25 Mn) funding from 360 ONE Assetmore
Loan

Report: 71% of house loans in Gujarat were taken out in Q3FY24.

February 24, 2024

AHMEDABAD: With the dramatic increase in home loan disbursals and the number of applicants, many people in the state are starting to fulfill their dream of owning the house of their dreams. D emand for homes in both the budget and luxury categories has been fueled by rising disposable incomes and increased aspirations. According to […]

Report: 71% of house loans in Gujarat were taken out in Q3FY24.more
Property Tax

The local authority of Bengaluru cannot demand upfront payment of the 50% tax differential: HC

February 21, 2024

BENGALURU: The BBMP chief commissioner cannot, the high court said, demand that 50% of the property tax that was allegedly under-assessed be paid in full upfront before issuing an order under Section 144 (15) (e) of the BBMP Act. This was mentioned by Justice S. Sunil Dutt Yadav in his interim ruling last Friday, which […]

The local authority of Bengaluru cannot demand upfront payment of the 50% tax differential: HCmore

Panels will be established to stop unauthorized building: Tamil Nadu to the High Court.

February 19, 2024

MADURAI: High-level committees would be established in corporations and municipalities throughout the state to monitor and prevent unauthorized projects, the state notified the Madras High Court on Thursday. The state contended that the government had called a meeting by a previous directive that suggested the creation of committees to oversee and stop unauthorized building in […]

Panels will be established to stop unauthorized building: Tamil Nadu to the High Court.more