PROPERTY CONSULTANTS
Can you carry forward losses while filing ITR under the new tax regime? Read the fine print Carry forward and set off of losses in new tax regime: The income tax laws under the old tax regime allow carrying forward and set off of losses from capital assets. However, the question arises if the same benefit is available for all capital asset...
04 Jul, 2024, 10.13 AM ISTPrices of premium residential under-construction properties continue to rise in top cities According to Savills India, prices of premium under-construction residential properties surged up to 53% in major cities like Gurugram, Delhi, Noida, Bengaluru, and Mumbai. Gurugram led with the highest increase. North Goa also saw a 28% rise in vil...
02 Jul, 2024, 12.29 AM ISTI am legally separated from my husband. Do I have right to wedding jewellery and gifts received as streedhan? Readers estate planning queries answered.
01 Jul, 2024, 06.30 AM IST- ADVERTISEMENT
Coffee lovers with sedentary lifestyle tend to live longer than others: Study The study, conducted on US adults, suggests that coffee consumption may offer a protective effect against the negative health impacts associated with prolonged sitting. Non-coffee drinkers were found to be nearly 1.6 times more likely to die from al...
25 Jun, 2024, 04.57 PM ISTUnity Small Finance Bank inks pact to acquire office space worth Rs 393 crore The developer of the Santacruz project received a letter of intimation (LOI) and approval from the Slum Rehabilitation Authority for the project in August 2023. It has also acquired additional land adjacent to the existing plot and is expected to ap...
21 Jun, 2024, 06.52 PM ISTCongress’ Praveen Chakravarty backtracks over criticism of Karnataka government hiring BCG, issues apology for “private opinion” AICC leader Praveen Chakravarty on Friday apologised for his post on social media platform X, criticising Karnataka Congress government's decision to hire the Boston Consulting Group (BCG) to help with suggestions to boost state revenue. Chakravarty...
21 Jun, 2024, 05.59 PM ISTTrai 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...
20 Jun, 2024, 11.19 PM ISTDeep tech policy before cabinet soon to unlock long-term funds The government plans to introduce a deep tech startup policy with a fund of funds for companies in the sector. An umbrella framework will guide state governments and startups. The policy will focus on research, development, innovation, intellectual ...
17 Jun, 2024, 10.24 AM ISTHoliday home demand tapers off as rentals fall Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.
03 Jun, 2024, 12.18 AM ISTMumbai realty market breaks record for 10th month in row Mumbai, India's commercial capital, has recorded its best performance on record for real estate deals in May, driven by brisk sales and high demand despite increased mortgage rates and rising property prices. The Mumbai property market saw over 11,9...
01 Jun, 2024, 12.24 AM ISTGIC, Xander buy Allianz-Shapoorji Pallonji JV’s Hyderabad IT SEZ WaveRock for Rs 2,200 cr In May 2023, ET first reported that global insurance and asset management major Allianz Group and Shapoorji Pallonji Group were looking to exit the IT Special Economic Zone (SEZ) property and that GIC had emerged as the frontrunner to acquire the 2....
30 May, 2024, 01.05 AM ISTBSNL 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.
29 May, 2024, 08.44 AM ISTDaughter of Divi's founder shells out Rs 80 crore for two Hyderabad properties Nilima Prasad Divi, daughter of Murali Divi, the founder of Divi's Laboratories, a prominent pharmaceutical company in India, has recently acquired two properties in Hyderabad, totaling Rs 80 crore. The first property, located in Jubilee Hills, span...
24 May, 2024, 01.21 AM ISTShriram Properties signs JDA for a 4-acre land in Bengaluru Shriram Properties Limited (SPL) has inked a joint development agreement for a 4-acre land parcel in Yelahanka, Bengaluru. The project, slated for completion in three years, will feature 270 apartments spanning 3.8 lakh square feet, with an estimate...
21 May, 2024, 03.01 PM ISTLuxury homes overtake the affordable segment. What gives? Factors contributing to the luxury housing boom in India include rising incomes, the trend of premiumization, and pent-up demand post-pandemic. Additionally, the investment appeal of luxury real estate, shortage of luxury apartments in prime locatio...
11 May, 2024, 08.24 PM ISTSebi proposes easing disclosure rules for non-convertible securities issuance To promote ease of doing business for issuance of non-convertible securities, Sebi on Thursday proposed removing the requirement to disclose the PAN and personal address of issuers' promoters in the offer document along with other relaxations in dis...
09 May, 2024, 08.32 PM ISTSavills to triple its business in India in 3 to 5 years Savills targets tripling business in India over 3-5 years, focusing on acquisitions in facility management. Top markets are UK, US, China, and Southeast Asia. Growth hubs include Bangalore, Delhi, Hyderabad, Mumbai, and Kolkata.
02 May, 2024, 07.04 PM ISTProperty consultant InvestoXpert targets Rs 4,000 crore sale in 2024-25 Property consultant InvestoXpert, is targeting Rs 4,000 crore sale in 2024-25 as residential real estate continues to grow. The company facilitated sales of properties worth Rs 2050 crore in 2023-24, 95% year-on-year growth compared to the previous ...
22 Apr, 2024, 01.49 PM ISTLegal consulting firm Areness enters into a strategic partnership with German firm SOH With a focus on technology, Areness and SOH are dedicated to crafting legal frameworks that facilitate the exchange of technological expertise, safeguard intellectual property rights, and foster fair competition globally, said both firms in the join...
21 Mar, 2024, 12.13 PM ISTIL&FS puts over 5.4 lakh sq ft GIFT City office properties on the block Beleaguered non-banking finance company IL&FS is selling commercial properties in GIFT TWO, Gujarat’s GIFT City, as part of its debt resolution process. The properties include offices leased to Tata Consultancy Services. IL&FS is reaching out to pro...
27 Feb, 2024, 10.14 PM IST