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Whiteland Corp to invest Rs 5,600cr on housing project in Gurugram; partners Marriott for management
Realty firm Whiteland Corporation is set to invest Rs 5,600 crore in a luxury housing project in Gurugram in partnership with Marriott International to bring 'Westin Residences'. The project will feature 1,600-1,800 branded homes with a starting price of Rs 5 crore per unit. The investment will be primarily funded through internal accruals, with the company developing a total of 60 lakh square feet across two phases.
How to file ITR-1 with salary, income from house property and other sources for FY 2023-24 (AY 2024-25)
File ITR-1 online: Here is a step by step guide on how salaried individuals can file their income tax return using ITR-1 form easily on the income tax department's e-filing website. ITR-1 form is also known as Sahaj. Individuals having income from salary, house property, interest and dividend incomes can use ITR-1 to file income tax return.
FIR filed against Noida builder after buyers complain of flat sizes being too small
As per the complainants, the 423 flats sold in Prateek Edifice were 10-12% smaller than what they had been charged for. They claimed construction was also done beyond the sanctioned plan without their consent.
Sattva Group targets 85 pc growth in housing sales to Rs 6,500 cr this fiscal: MD Bijay Agarwal
Realty firm Sattva Group is bullish on India's housing market and will launch many projects to achieve 85 per cent growth in sales of residential properties to around Rs 6,500 crore this fiscal, a top company official said. In the 2023-24, Bengaluru-based Sattva Group achieved sales bookings of Rs 3,500 crore.
Kanye West tried building 'bomb shelter' in Malibu: Beachfront mansion loses its value
Kanye West has now become the poster-boy of real estate destruction as he has shocked the entire world by attempting to make a 'bomb shelter' back in Malibu, where he owned a large mansion, which demolished to create a 'Batcave'.
OYO opens first luxury hotel in Dubai, eyes boosting premium property portfolio
OYO announced the opening of its first luxury hotel in Dubai, Palette Royal Reflections Hotel and Spa, targeting Indian tourists after Dubai's visa policy change.
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Trai suggests infrastructure status, single-window clearance for broadcasting sector
In July 2023, the ministry of information and broadcasting had urged Trai to provide its inputs for the formulation of the NBP. The Trai had issued a consultation paper on NBP seeking stakeholder comments in April. While suggesting steps to grow the TV and radio footprint in the country, the regulator has also asked the MIB to establish a credible audience measurement system for TV, radio, and OTT.
Cops involved in drug trade will be dismissed, smugglers' property attached, says Punjab CM Bhagwant Mann
Punjab Chief Minister Bhagwant Mann announced strict measures against police officials involved in drug trade, stating they would be dismissed and traffickers' properties attached. He also revealed plans for mass transfers of lower-level police officials, recruitment of 10,000 personnel, and reforms in the police department to combat the drug menace.
Noida: What's pushing flat rates as city goes luxury from affordable
Noida and Greater Noida have become premium real estate hotspots in the last five years, with significant price appreciation and increased demand for luxury properties. The average apartment price has risen from Rs 1.24 crore in 2022 to Rs 1.68 crore in 2023, with a notable surge in sales of apartments priced at Rs 3.5 crore and above. Infrastructure development, completion of stalled projects, and policy changes are key drivers of this transformation.
Delhi HC seeks response from Bina Modi, other family branches
A Division Bench led by Justice Neena Bansal Krishna also issued notice to Bina’s children - Charu, Samir and Lalit Modi, besides various companies -Rajputana Developers, Kaushambi Industries, KK Modi Investment & Financial Services, Modicare Ltd and Premium Tradelink.
I received Rs 70 lakh after retirement. Where should I invest this amount for good return?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Boxing legend Muhammad Ali's childhood home-turned-museum listed for sale: Check details
Muhammad Ali's childhood home, now transformed into a museum, is up for sale in Louisville, Kentucky, along with two neighboring properties. The two-bedroom, one-bathroom house served as a museum offering insights into Ali's formative years and attracted visitors worldwide. Despite its high-profile debut, the museum faced financial difficulties and closed after less than two years.
Facing parking space manipulation by the builder? MahaRERA empowers home buyers against the defaulting promoters
MahaRERA: Now flat buyers don't have to worry about parking space inside the flat, as MahaRERA has passed a order mandating parking space to be accurately communicated in both allotment letter and sale agreement. Read here to know more about the parking order by MahaRERA and how it will help you.
BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh crore
Recently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of the building.
Intent, welfare steps, nation first will give NDA third term: PM Modi
Prime Minister Narendra Modi claimed people support him for a third term due to good intentions, welfare policies, and dedication. He criticized the Samajwadi Party and Congress in Uttar Pradesh for law and order issues and proposed Muslim reservations from existing quotas.
The Man Behind Bit-Con
Craig Steven Wright of nChain claimed to be Bitcoin's creator, Satoshi Nakamoto, facing legal disputes with the crypto industry over his assertion.
Defence Ministry points gun at Godrej's housing project with revenue potential of Rs 7,000 crore in Mumbai
The Defence Ministry has raised objections to a residential project undertaken by Godrej Properties in Mumbai, demanding the suspension of work on the venture. With an estimated revenue potential of Rs 7,000 crore, the project, known as Godrej Reserve, has encountered opposition due to its proximity to the Central Ordnance Depot (COD) complex in Kandivali. Spanning an 18.6-acre land parcel, Godrej Reserve has already seen the launch of approximately 1.91 million sq ft of development.
Hardik Pandya might lose 70% property in divorce? Natasa Stankovic says ‘Someone is about to get on the streets’ amid speculations
Amid rumors of divorce between cricketer Hardik Pandya and his wife Natasa Stankovic, social media is abuzz with speculation that Stankovic may claim 70% of Pandya’s property as part of the settlement. Natasa's recent Instagram post, stating "Someone is about to get on the streets," has further fueled these rumors. Fans have been reacting with a mix of support and criticism, noting changes in their social media activity and Natasa’s removal of "Pandya" from her Instagram handle.
Widespread rains cause damage to property in Kerala; heavy downpour predicted in isolated places
The ongoing spell of heavy rains in Kerala has hit normal life, with scores of houses suffering damage, roads being submerged, trees uprooted, flood water entering houses and trains running late as a result of the steady downpour that continued to lash the state on Saturday. Flood water entered houses, schools and shops located in low-lying areas of Kuttanad in coastal Alapuzha district.
Kingdom is responsibility, not property
In the tale from the Vishnu Purana, we encounter instances of kings misusing power, a phenomenon that demands rectification. The particular tale from the Vishnu Purana narrates how Parashurama avenged his father's death by killing kings who misused power. In Hindu tradition, significant importance is given to the mental state of the king, exploring why he may experience hunger and fear despite possessing greater wealth and power than anyone else in his realm. This emphasis on the psyche distinguishes Dharmic Leadership from Conventional Leadership.
₹80 cr security must for BharatPe co-founder Ashneer Grover and wife Madhuri Jain's US Visit
The couple will also have to submit all the details of their stay, hotels, travel, and phone numbers with the court and the investigative agencies. Besides, the HC also restrained them from creating third party rights on the shares of BharatPe held by them. The court said that one of the parties would stay in India as a "mortgage" while the other travels.
Sale of ancestral property: Can daughters and her descendants make rightful claims?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
China considers government purchases of unsold homes: Reports
China plans for local governments to buy unsold homes to address the property crisis, with the State Council evaluating feasibility and awaiting a decision from the country's leaders.
ASK Property Fund exits from Naiknavare’s Pune project with 21% IRR, 2x multiple
ASK Property Fund exits Rs 156 crore investment from Pune's Naiknavare Developers' Avon Vista project with 21% IRR and plans for more investments in Pune and Mumbai.
NCLAT directs IRP to supervise ATS project
The appellate tribunal's decision follows ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, taking ATS to the National Company Law Tribunal (NCLT) citing a default of ₹285 crore.
Vinod Khosla loses bid to end California beach access suit
Venture capitalist Vinod Khosla faces setback in blocking public access to Martins Beach after California state judge denies his request. The lawsuit from a state agency regarding closing the popular surfing spot continues.
Godrej Properties cuts net debt by 10% in Q4 on strong cash flow: Pirojsha Godrej
Godrej Properties reported a 10% reduction in its net debt in the latest March quarter to nearly Rs 6,200 crore, attributed to strong sales and customer fund collections. Executive Chairperson Pirojsha Godrej highlighted a reduction of Rs 700 crore in net debt during Q4, despite ongoing land acquisitions for future development.
ASK Property Fund exits from three projects with IRR of 20%
The company had invested Rs 200 crore across three projects - two in Gurugram and one in Bengaluru and has exited with Rs 354 crore.
UP RERA asks promoters to provide QR code with project details to homebuyers
"The registration certificate includes relevant details of the project, including its name, name of the promoter, registration number with details of month and year, its duration, including the start and completion date, the project and the promoter addresses," UP RERA said in a statement.
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