real estate news
Delhi-NCR Takes the Lead in India's Luxury Housing Market
Delhi-NCR has emerged as the top-selling housing market in India, with a significant rise in luxury launches and a robust pipeline of premium projects. The region is witnessing record-breaking sales and growing interest from developers and homebuyers.
Real Estate Mumbai
Rate Cut Sparks Hope for ₹50 Lakh-₹1 Crore Housing Market, Realty Execs Say
A 50 basis point rate cut by the Reserve Bank of India (RBI) has rekindled optimism in the mid-income housing segment, particularly in the ₹50 lakh to ₹1 crore range. Industry leaders believe this move could significantly boost demand and affordability.
real estate news
Out-of-Town Builders Eye Mumbai’s Lucrative Redevelopment Market
Developers from other regions, including Delhi, Bengaluru, and Pune, are tapping into Mumbai’s real estate market through redevelopment projects, attracted by policy incentives and high property rates.
Real Estate
Max Estates Subsidiary Faces ₹21.13 Lakh Income Tax Demand
Max Estates Limited's subsidiary, Max Square Limited, has received a ₹21.13 lakh income tax demand order from the National Faceless Appeal Centre (NFAC). The demand is related to the assessment year 2021-22 and focuses on the treatment of interest income from fixed deposits.
real estate news
Max Estates Subsidiary Faces ₹21.13 Lakh Income Tax Demand from NFAC
Max Estates Limited's subsidiary, Max Square Limited, has received an income tax demand order of ₹21.13 lakh from the National Faceless Appeal Centre (NFAC). The demand is related to the assessment year 2021–22 and concerns the treatment of interest income from fixed deposits.
Real Estate
ITAT Dismisses Revenue's Appeal on Education Cess Deduction, Case Remanded
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax Department against AVR Storage Tank Terminals Pvt. Ltd. regarding the deduction of education cess. The case has been remanded to the Commissioner of Income Tax (Appeals) for fresh adjudication.