Allotment letter adequate proof of investment in flat: ITAT
This decision is important as a taxpayer is entitled to a deduction from long term capital gains (LTCGs) made on sale of a house property, or any other capital asset (say land, commercial property) if investments are made in a new house.
Realty hot spot series: Proximity to job hubs makes this Navi Mumbai area popular real estate
Panvel is quite popular due to its proximity to...
Bengaluru: BBMP falls short of property tax target by 30%
According to the official, close to 50,000 of more than four lakh property owners i...
Buy Godrej Properties, target price Rs 721: ICICI Securities
The brokerage says the real estate company with its strong execution track record, healthy balance sheet (net debt of Rs 11 billion as of December 2019) and counter-cyclical business development strategy would emerge stronger over the medium-term.
India for TRIPs flexibility to ensure drugs’ access
India called for effective use of flexibilities inherent in the Trade-Related Aspects of Intellectual Property Rights (TRIPs) to ensure access to essential medicines, treatments and vaccines to all at affordable prices, especially in the context of the Covid-19.
Share market update: Realty shares jump; Godrej Properties surges 14%
The Nifty Realty index was trading 5.38 per cent up at 181.3 .
Realty hot spot series: A well-known residential and commercial area in Gurgaon
The DLF areas are well-connected to key job hubs, retail infrastructure and prominent schools.
After 6 years, a Greater Noida scheme to offer flats
The GNIDA had last in 2013 launched a housing scheme. However, it could not find buyers as the locality where the project was situated was still developing. It has revised the rates of ready-to-move-in flats to meet prevailing market prices.
Estate planning queries: How to get your share in ancestral property
If the ancestral property is undivided, you can file a suit to claim your share in consideration received from the sale of the property and also a stay application for preventing your brother from selling more.
New residential launches increased by 45% in NCR in 2019: Report
According to the Knight Frank report, around 57% of the newly launched units in 2019 were concentrated in Gurugram and Greater Noida. Gurugram accounted for the biggest share of overall new launches, followed by Greater Noida and Noida.
K'taka govt notifies ordinance, BDA to legalise unauthorised constructions in Bengaluru
The BDA will levy a penal fee in return for regularisation. These are plots either owned by residents themselves or bought from someone after the BDA notified them for acquisition during the formation of layouts.
Realty hot spot series: Why this Hyderabad locality is a big draw for new homebuyers
Connectivity to IT hubs is one of the key draws of this Hyderabad locality.
Most investors prefer real estate, says survey. Really?
The Indian Real Estate Consumer Sentiment study by Anarock paints a rosy picture for property investments.
India's property prices face steep falls as virus freezes market
"Property prices may come down by 10-20% across geographies, while land prices could see an even higher reduction of 30%," said Pankaj Kapoor, chief executive of real estate consultancy firm Liases Foras, adding there hasn't been such a correction since the global financial crisis.
Co-working to lead growth in 2020 in NCR
Co-working space has massive demand, ABL said, citing data from the second quarter of 2019 when it said the growth was 23% over the year-earlier period in the top seven Indian cities.
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