Real Estate Mumbai
Prestige Group Expands Mid-Income Housing Amid Luxury Boom
Bengaluru-based Prestige Group is diversifying its portfolio by focusing on mid-income housing projects to cater to a broader customer base, despite the ongoing luxury housing boom.
Real Estate
Invest ₹10 Lakh in Real Estate Through SM REITs: A Hassle-Free Option
Discover how Small and Medium Real Estate Investment Trusts (SM REITs) offer a hassle-free way to invest in real estate without the need to manage tenants or physical properties.
Real Estate
ITAT Dismisses IT Additions Against Real Estate Developer Under PoCM Method
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed additions and enhancements made against a real estate developer, ruling that the actions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) [CIT(A)] were legally unfounded.
real estate news
ITAT Quashes Ex-Parte Order in Real Estate Cash Deposit Case, Directs Fresh Hearing
The Income Tax Appellate Tribunal (ITAT) in Ahmedabad has quashed an ex-parte order issued by the Commissioner of Income Tax (Appeals) and directed a fresh hearing in a case involving real estate businessman Ghanshyambhai Nanalal Charandas.
real estate news
Income Tax Department Targets Tax Evasion in Joint Development Agreements
The Income Tax Department is launching a drive to target individuals who entered into joint development agreements but failed to pay the requisite capital gains tax. The campaign aims to encourage compliance and reduce tax evasion in real estate transactions.
Real Estate
Empowering Consumers: The Reform Triad Boosting India’s Economic Resilience
The Modi government’s reform trifecta — RBI’s repo rate cuts, sweeping changes in GST 2.0, and a revised income-tax slab regime — are collectively boosting domestic demand and building economic resilience in the face of global uncertainty.
Real Estate Mumbai
Rent in a Metro, Buy in a Tier-2 City: A Smart Investment Strategy for Long-Term Stability
Rohit and Meera, both 38 and working in Mumbai’s financial sector, face the reality of steep property prices. Their strategy: rent in Mumbai and invest in a more affordable Tier-2 city for long-term stability.
Real Estate
Rent in a Metro, Invest in a Tier-2 City: A Smart Financial Strategy
For those planning to settle long-term or retire, investing in a Tier-2 city while renting in a metro can offer significant financial benefits and stability.
Real Estate
Income Tax Survey on Raymond's Real Estate Arm
The Income Tax department is conducting a survey action on entities linked to the Raymond group, with a specific focus on its real estate business.
real estate news
Income Tax Survey on Raymond's Real Estate Arm: What You Need to Know
The Income Tax Department is conducting a survey action on Raymond's real estate business. Here’s what you need to know about the ongoing proceedings and the company's response.
Real Estate
Is ₹10 Crore Enough for Financial Independence in India?
A well-diversified ₹10 crore portfolio can generate 7-9% annual returns, providing a sustainable income of ₹70-90 lakh per year. This can support a comfortable lifestyle, cover education and healthcare costs, and ensure financial security for the family.
Real Estate
CBDT Grants Income Tax Exemption to Rajasthan RERA on Government Grants, Loans, and Fees
The Central Board of Direct Taxes (CBDT) has granted income tax exemptions to the Rajasthan Real Estate Regulatory Authority (RERA) for specific categories of income, including government grants, loans, and fees, under Section 10(46) of the Income Tax Act, 1961.
Real Estate Mumbai
Why NRIs Should Invest in a Second Home in India in 2025
Cities such as Delhi-NCR, Mumbai, Pune, and Bangalore are witnessing a rising demand from NRIs for luxury property investments, offering significant benefits.
Real Estate
GST 2.0 and Income Tax Cuts to Save Citizens Rs 2.5 Lakh Crore: PM Modi
Prime Minister Narendra Modi announced that the new GST 2.0 and income tax cuts will save citizens Rs 2.5 lakh crore, making daily essentials and investments more affordable.
Real Estate
IT Raids on Caps Gold and Vasavi Group Enter Fourth Day - Uncovering Financial Irregularities
The Income Tax (IT) department continues its raids on Caps Gold Private Limited and Vasavi Group of companies, suspecting large-scale tax evasion and fund diversion through cash transactions.
Real Estate
IT Department Raids CAP Gold and Vasavi Group: Unveiling Suspected Tax Evasion
The Income Tax Department conducted raids on CAP Gold, a leading bullion merchant, and its directors, along with associated real estate firms, over suspected tax evasion. Simultaneous searches were also carried out at the offices of Vasavi Group, a prominent real estate firm in Hyderabad.
Real Estate Mumbai
Income Tax Department Conducts Raids on Real Estate Developers in Pune and Pimpri-Chinchwad
The Income Tax Department has conducted surprise raids on several real estate developers in Pune and Pimpri-Chinchwad over allegations of financial irregularities in land deals. The raids, which included the seizure of important financial documents, come after increased scrutiny from the Maharashtra Real Estate Regulatory Authority (MahaRERA).
Real Estate Mumbai
Special Court Restores Benami Property Case Against NCP Minister Bhujbal
A special court in Mumbai has ordered the restoration of a 2021 benami property case against NCP minister Chhagan Bhujbal, his family members, and their firms. The case was initially quashed by the Bombay High Court on technical grounds but will now be heard on October 6.
Real Estate Maharashtra
Mumbai Court Restores 2021 Benami Property Case Against Chhagan Bhujbal and Family
A Mumbai special court has reinstated the 2021 benami property case involving Maharashtra minister Chhagan Bhujbal and his family members, despite the Bombay High Court's earlier quashing of the case on technical grounds.
Real Estate Mumbai
Mumbai Court Reopens 2021 Benami Property Case Against Chhagan Bhujbal
The Mumbai special court has ordered the restoration of the 2021 benami property case involving Maharashtra Minister Chhagan Bhujbal and his family members, after the Bombay High Court quashed the case on technical grounds.