Real Estate Mumbai
JSA Advocates and Solicitors Seeks Experienced Associates in Mumbai
JSA Advocates and Solicitors is on the hunt for experienced lawyers with a focus on real estate transactions and due diligence. Candidates must have 3-4 years of PQE and a strong background in real estate law.
Real Estate Mumbai
IBC Reforms to Boost Revival of Distressed Real Estate Projects
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) will enhance the revival of real estate projects by discouraging litigation from dissenting creditors, providing greater flexibility to dispose of assets, and offering more freedom to strike quick deals with potential investors.
Real Estate Maharashtra
Maharashtra Implements Advanced 'Garuda Drishti' to Combat Cybercrime
Maharashtra has introduced 'Garuda Drishti,' a cutting-edge social media monitoring and cyber intelligence tool, to curb cybercrimes and maintain law and order.
Real Estate
Bengaluru Metro Phase 3: How Namma Metro’s Orange Line Will Boost Real Estate
The upcoming Orange Line of Namma Metro is set to transform real estate in areas like JP Nagar, Mysuru Road, Hebbal, and Sumanahalli. Discover how metro connectivity is fueling demand and boosting property values.
Real Estate
ED Arrests Ex-Promoters of Real Estate Firm for Massive Fraud
The Directorate of Enforcement (ED) has arrested former promoters of Universal Buildwell for allegedly defrauding homebuyers and investors in a real estate scam. The accused were produced before a special court in Gurugram and remanded to custody.
Real Estate
NCLAT Dismisses Financial Creditor Claim Due to Invalid Guarantee
The National Company Law Appellate Tribunal (NCLAT) has dismissed a financial creditor claim, stating that a valid and binding corporate guarantee was not executed by the corporate debtor.
real estate news
JAL Insolvency: Lenders Reject Jaypee Infratech's Bid, Five Others Submit Plans
Lenders of Jaiprakash Associates Ltd (JAL) have rejected Jaypee Infratech's bid to acquire the bankrupt company. Five other companies have submitted resolution plans, including Adani Enterprises, Vedanta Group, and Dalmia Bharat Cement.
Real Estate
GMRL to Develop Commercial Hubs Along Metro Expansion Route for Financial Viability
Gurugram Metro Rail Ltd (GMRL) is set to approach the Haryana government to allocate land parcels for commercial development along the new metro alignment. This move aims to enhance the financial sustainability of the project through transit-oriented development (TOD) and diversify revenue streams.
real estate news
JP Morgan Leases 1.16 Lakh Sq Ft in Sumitomo’s BKC Tower for ₹7 Crore Monthly Rent
US-based financial services giant JP Morgan has secured a 1.16 lakh sq ft lease in a commercial tower being developed by Goisu Realty in Mumbai’s Bandra Kurla Complex (BKC), with a starting monthly rent of ₹6.91 crore.
Real Estate
Delhi to Meerut in Minutes: How the Namo Bharat Corridor Will Transform Property Prices
The Namo Bharat Regional Rapid Transit System (RRTS) connecting Delhi to Meerut is set to revolutionize regional real estate. With shorter travel times and strategic Transit-Oriented Development (TOD), property prices in these areas are expected to soar.
Real Estate Mumbai
Hines and Sumitomo Launch Luxury Condo Project in Mumbai's Powai
US-based Hines and Japan's Sumitomo Corp. have formed a joint venture to develop a luxury condominium project in Mumbai's high-value Powai locality. This marks Hines' entry into the Mumbai residential market.
Real Estate Mumbai
MMRDA Allocates BKC Plots to Sumitomo and Brookfield for Rs 3,840 Crore
The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated plots in BKC to Sumitomo and Brookfield for Rs 3,840 crore, with plans for mixed-use and office developments, including a luxury hotel.
Real Estate Mumbai
Sumitomo Corporation Enters Mumbai Office Building Development Project with Hines and Mitsubishi Estate
Sumitomo Corporation, in partnership with Hines and Mitsubishi Estate, is entering a major office building development project in Mumbai, India. The project aims to capitalize on India's growing economic and demographic strengths, particularly in the IT and financial sectors.
Real Estate
Kotak Mahindra Bank Promotes Paritosh Kashyap to Executive Director; Shanti Ekambaram to Retire
Kotak Mahindra Bank has announced the promotion of Paritosh Kashyap to executive director and the retirement of Shanti Ekambaram, Deputy Managing Director, in 2025. Kashyap has been with the bank for over three decades and has led several key businesses.
Real Estate
Kanakia Group Partners with Global Giants to Develop Prime Office Space in Mumbai
Kanakia Group, in collaboration with Hines, Mitsubishi Estate, and Sumitomo Corporation, is set to develop a 1.5 million sq ft office space in Bandra Kurla Complex, Mumbai. The project, designed by Kohn Pedersen Fox, marks a significant step towards an asset-light model for Kanakia.
Real Estate
Madras High Court Directs ITO to Process Rs. 3L Income Tax Refund Claim
The Madras High Court has directed a taxpayer to file a fresh representation before the Income Tax Officer (ITO) for an income tax refund of Rs. 3 lakhs for the Assessment Year (AY) 2015-16. The court also instructed the ITO to consider and act upon the representation within six weeks.
Real Estate
Madras High Court Directs ITO to Process Rs. 3L Income Tax Refund Claim
The Madras High Court has directed a taxpayer to file a fresh representation before the Income Tax Officer (ITO) for an income tax refund of Rs. 3 lakhs for the Assessment Year (AY) 2015-16. The court also instructed the ITO to consider and act upon the representation within six weeks.
Real Estate
Madras High Court Directs ITO to Process Rs. 3L Income Tax Refund Claim
The Madras High Court has directed a taxpayer to file a fresh representation before the Income Tax Officer (ITO) for an income tax refund of Rs. 3 lakhs for the Assessment Year (AY) 2015-16. The court also instructed the ITO to consider and act upon the representation within six weeks.
Real Estate
Madras High Court Directs ITO to Process Rs. 3L Income Tax Refund Claim
The Madras High Court has directed a taxpayer to file a fresh representation before the Income Tax Officer (ITO) for an income tax refund of Rs. 3 lakhs for the Assessment Year (AY) 2015-16. The court also instructed the ITO to consider and act upon the representation within six weeks.
Real Estate
Madras High Court Directs ITO to Consider Rs. 3L Income Tax Refund Claim for AY 2015-16
The Madras High Court has directed the Income Tax Officer (ITO) to consider a refund claim of Rs. 3 lakhs for the Assessment Year (AY) 2015-16, following a joint representation by 39 employees.