Real Estate
ITAT Rescinds Income Tax Addition for Real Estate Trader Over Unexplained Loan
The Income Tax Appellate Tribunal (ITAT) in Mumbai has provided a significant relief to a real estate trader by deleting a Rs. 4.27 crore addition under Section 68 of the Income Tax Act, 1961, related to an alleged unsecured loan from the trader's daughter-in-law.
Real Estate Mumbai
RBI Rate Hold Fuels Confidence in Mumbai's Suburban Real Estate
The Reserve Bank of India's decision to maintain the repo rate at 5.50% has boosted confidence in Mumbai's emerging and suburban real estate markets, where affordability meets aspiration. This stability is expected to re-energize mid-income homebuyers and drive further growth in the sector.
Real Estate
5 Proven Passive Income Ideas for Stable Monthly Earnings
Discover five effective passive income strategies, including dividend-paying mutual funds, REITs, and digital product sales, to generate consistent monthly earnings.
Real Estate Maharashtra
Puraniks Launches 50-Storey Tower for Mid-Income Buyers in Thane
Puraniks, a leading real estate developer, is set to launch a 50-storey tower in Thane, Maharashtra, targeting mid-income buyers. The project, located on Ghodbunder Road, will benefit from the upcoming Metro Line 4 and the Borivali-Thane tunnel, enhancing connectivity and accessibility.
Real Estate
ITAT Quashes Rs. 14.2 Crore Tax Demand on Real Estate Firm: No Evidence Found
The Income Tax Appellate Tribunal (ITAT) has dismissed a Rs. 14.2 crore tax demand against a Pune-based real estate firm, citing lack of concrete evidence. The ruling underscores the importance of verifiable evidence in tax assessments.
Real Estate
60% of India's Ultra-Rich Wealth Invested in Real Estate and Gold, Reveals Report
A recent study by Bernstein highlights that 60% of the wealth of India's ultra-rich is parked in real estate and gold, totaling approximately $2.7 trillion in serviceable assets.
real estate news
Gurugram's Circle Rate Hike: Impact on Low to Mid-Income Buyers
The proposed 10-30% increase in circle rates in Gurugram may price out low to mid-income buyers, exacerbating the already high property prices. This is the second rate hike since December 2024, amid subdued housing demand.
Real Estate
Brookfield India REIT Reports 13% Q1 Net Operating Income Growth
Brookfield India Real Estate Trust has reported a 13% increase in its net operating income for the first quarter of the fiscal year, driven by strong leasing momentum and high occupancy levels.
real estate news
Brookfield India REIT Reports 13% Increase in Q1 Net Operating Income
Brookfield India Real Estate Trust has reported a 13% increase in its net operating income for the first quarter of the fiscal year 2025-26, driven by robust leasing and high occupancy levels.
Real Estate Mumbai
Wife Avoids Income Tax After Selling Two Mumbai Properties for Rs 6 Crore
A wife in Mumbai managed to avoid income tax after selling two properties for Rs 6 crore by leveraging Section 54 benefits and reinvesting the proceeds.
Real Estate Mumbai
Aditya Birla Real Estate Reports Rs 27 Crore Loss in Q1, Income Plummets 55%
Aditya Birla Real Estate Limited (ABREL) reported a significant net loss of Rs 27.08 crore in the first quarter of FY26, a stark contrast to the Rs 17.35 crore profit recorded in the same period last year. The company’s total income also fell by 56.9%.
real estate news
Motilal Oswal Closes ₹2000 Crore Real Estate Fund, Boosting Urban Housing Market
Motilal Oswal Alternates (MOA) has successfully closed its sixth real estate fund, Indian Realty Excellence Fund VI (IREF-VI), raising ₹2000 crore. The fund focuses on mid-income residential projects, reflecting strong domestic and international investor confidence in India's real estate market.
Real Estate Pune
Motilal Oswal Alternates Raises ₹2,000 Crore for Real Estate Fund VI
Motilal Oswal Alternates has successfully raised ₹2,000 crore through its sixth real estate fund, Indian Realty Excellence Fund VI (IREF-VI). About 75% of the fund is already committed to 15 diverse real estate projects in major Indian cities.
Real Estate Mumbai
Subhash Ghai's Andheri Commercial Property to Generate Rs 2.24 Crore in Rental Income
Veteran filmmaker Subhash Ghai, along with Crest Ventures and Mukta Arts, has leased a commercial property in Andheri West, Mumbai, expected to earn Rs 2.24 crore over five years.
Real Estate Mumbai
Subhash Ghai's Mumbai Property Set to Earn Rs. 2.24 Crore in Rental Income
Subhash Ghai, the renowned Bollywood director, has leased a commercial property in Andheri West, Mumbai, which is expected to generate a substantial rental income of Rs. 2.24 crore over five years.
Real Estate Mumbai
First-Time Homebuyers: Invest in Tier 2 Cities and Rent in Metros?
As metros like Mumbai, Gurugram, and Bengaluru become increasingly unaffordable, first-time homebuyers are considering renting in these cities while investing in Tier 2 cities for potential capital appreciation and rental income.
Real Estate
Top Tax-Free Countries in 2025: Move Here to Pay No Income Tax
Explore the world's top tax-free countries where you can live, work, and invest without paying personal income tax. These destinations fund their governments through other revenue sources, making them ideal for high-net-worth individuals, digital nomads, and retirees.
Real Estate
India Emerges as a Global Leader in Income Equality
India has achieved significant progress in income equality, ranking fourth globally with a Gini Index of 25.5, according to the latest World Bank data. The country’s success is attributed to robust poverty reduction and inclusive financial policies.
Real Estate Maharashtra
112 Rural Districts in India Achieve Per Capita Income of $2,000: A New Economic Milestone
Rural India is rapidly evolving from an agriculture-focused economy to a services-driven one. 112 rural districts, representing 291 million people, have crossed the per capita income threshold of $2,000, according to a recent report by HDFC Securities.
real estate news
79% of Affordable Housing Demand Driven by Low-Income Families: HomeFirst Finance
A new report by HomeFirst Finance reveals that 79% of India’s affordable housing demand comes from low-income households, highlighting the positive impacts of homeownership on mental well-being, financial discipline, and quality of life.