Real Estate
ITAT Rules on Cash Deposits in Real Estate: Demonetization Impact Explained
The Income Tax Appellate Tribunal (ITAT) Surat Bench ruled that a real estate firm's cash deposits during demonetization were mostly explained. The tribunal limited the addition to 25% of the disputed amount, rejecting the Assessing Officer's claim that the entire balance was unexplained.
Real Estate Mumbai
NHAI Achieves Milestone with Rs. 180 Billion InvIT Monetisation
The National Highways Authority of India (NHAI) has successfully completed a record-breaking monetization of its assets through the issuance of an Infrastructure Investment Trust (InvIT). This significant achievement highlights the NHAI's strategic approa
Real Estate
ARTIS Real Estate Investment Trust Publishes Impressive 2024 Annual Results
ARTIS Real Estate Investment Trust has released its 2024 annual results, showcasing significant achievements in asset monetization and leverage reduction.
Real Estate Mumbai
MMRCL Plans to Monetize Land Parcels Along Mumbai Metro 3 Corridor
Mumbai Metro Rail Corporation Limited (MMRCL) is gearing up to monetize land parcels along the Mumbai Metro 3 corridor, aiming to generate significant revenue and enhance the city's infrastructure development.
Real Estate Mumbai
RBI's Major Update on Rs 2000 Notes: 98% Returned, Only Rs 6471 Crore Left with Public
The Reserve Bank of India (RBI) has announced that nearly 98% of the Rs 2000 notes issued have been returned, leaving only Rs 6471 crore still in circulation with the public. This update sheds light on the significant impact of demonetization and the ongo
real estate news
Indian Corporates Capitalize on Real Estate Surge to Optimize Non-Core Assets
Indian corporates are strategically leveraging the real estate market to optimize their non-core asset portfolios, enhancing financial flexibility and reducing debt.