real estate news
ITAT Rules EDC Payments to HUDA Subject to TDS under Section 194C
The Income Tax Appellate Tribunal (ITAT), Delhi, has ruled that External Development Charges (EDC) paid to the Haryana Urban Development Authority (HUDA) are contractual in nature and subject to tax deduction at source (TDS) under Section 194C of the Income Tax Act, 1961.
Real Estate Maharashtra
Ebix Secures Rs 1.4 Billion Contract for NCMC Rollout in Maharashtra
Ebix Technologies has won a Rs 1.4 billion contract to implement the National Common Mobility Card (NCMC) system in Maharashtra, enhancing digital payments and smart mobility in public transport.
Real Estate Mumbai
Western Railway Mumbai Achieves Rs 1 Billion in Digital Payments
Western Railway Mumbai has successfully logged Rs 1 billion in digital payments, showcasing a significant shift towards modern payment methods. This achievement highlights the ongoing efforts of Indian Railways to enhance passenger convenience and streamline operations.
Real Estate
PR Firms Speak Up: The Challenge of Unpaid Dues
PR professionals share their insights on the persistent issue of unpaid client dues, particularly in the startup and real estate sectors, and discuss potential solutions to address this challenge.
Real Estate Pune
PCMC Introduces 4% Rebate for Online Property Tax Payments Until September 30
Pimpri, 10th July 2025: The Pimpri Chinchwad Municipal Corporation (PCMC) is offering a 4% rebate on property tax for online payments made between July 1 and September 30, 2025. This follows the earlier 10% early-bird discount for payments made by June 30.
Real Estate Mumbai
NPCI to Construct 16-Storey Global Headquarters in BKC After ₹829 Crore Land Purchase
The National Payments Corporation of India (NPCI) has made a significant move by acquiring a prime 1.5-acre site in Mumbai's Bandra-Kurla Complex (BKC) for ₹829.43 crore from MMRDA, with plans to build a 16-storey global headquarters.
Real Estate Mumbai
NMMC Introduces Weekend Hours and Digital Payment Options for Property Tax in Navi Mumbai
The Navi Mumbai Municipal Corporation (NMMC) has introduced weekend operating hours and digital payment options to facilitate easier property tax payments. A 10% rebate on general property tax is also available for those who complete their payments by June 30.
Real Estate Mumbai
Adani Group Contributes Rs 75,000 Crore in Taxes, Exceeding Mumbai Metro Cost
The Adani Group, a leading ports-to-energy conglomerate, has reported a significant 29% increase in tax payments to Rs 75,000 crore in FY25, surpassing the cost of the entire Mumbai Metro network. This substantial contribution underscores the group's commitment to economic development and social responsibility.
Real Estate
RWA Advocates for DDA to Settle Outstanding Rent Payments for 111 Signature View Apartments Residents
The Resident Welfare Association (RWA) of Signature View Apartments is urging the Delhi Development Authority (DDA) to clear the pending rent payments for 111 residents. This article delves into the ongoing issue and highlights the importance of addressing these financial concerns to ensure the well-being of the residents.
real estate news
RWA Urges DDA to Clear Pending Rent Payments for 111 Signature View Apartments Residents
The Resident Welfare Association (RWA) of Signature View Apartments in Delhi has called on the Delhi Development Authority (DDA) to resolve the ongoing issue of pending rent payments for 111 residents. This article highlights the concerns raised by the RWA and the need for prompt action from the DDA.
Real Estate Maharashtra
Maharashtra Approves Online Stamp Duty Payments: A Game-Changer for the Real Estate Market
The Maharashtra state government has taken a significant step towards modernizing real estate transactions by approving a bill to facilitate online stamp duty payments. This move is expected to boost the market, particularly for gated communities, which a
real estate news
Navigate Cash Payments Over ₹2 Lakh: CA’s Warning and Compliance Tips
Despite the digital push, cash remains a prevalent mode of payment in India, especially in sectors like real estate and business deals. A Chartered Accountant (CA) has issued a crucial warning against splitting large cash payments to evade penalties.
Real Estate
NPCI Acquires 1.15 Lakh Sq Ft Office Space in Mumbai's Oberoi Commerz III
Mumbai real estate update: NPCI has leased commercial space on the 27th and 28th floors of Oberoi Commerz III, a prominent building constructed by Oberoi Realty, for an annual rent of over ₹25 crore.
Real Estate
9 Key Trends Shaping Festive Season Sales in Indian E-Commerce
e-commerce, festive sales, online shopping, consumer behavior, digital payments
Real Estate
MahaRERA's Landmark Order Enhances Transparency in Real Estate Payments
MahaRERA mandates transparency in real estate transactions by requiring commission documentation for agents, ensuring timely payments, and reducing disputes.
Real Estate Maharashtra
RBI Raises UPI Lite Wallet Limit to ₹5000: What It Means for the Common Man
The Reserve Bank of India (RBI) has recently increased the UPI Lite wallet limit from ₹2000 to ₹5000, bringing significant changes to the digital payment landscape. This move is expected to make low-value transactions more accessible and secure for millio
Real Estate
Forfeiture of Advance Payments by Developers in Real Estate
The Maharashtra Real Estate Appellate Tribunal (MREAT) recently issued a significant order on August 13, 2024, regarding the forfeiture of advance payments by developers. This order has far-reaching implications for both real estate developers and homebuy
Real Estate Maharashtra
Nitin Gadkari Warns of Potential Delay in Subsidy Payments due to Maharashtra's Ladki Bahna Scheme
Maharashtra's financial situation is precarious, warns Nitin Gadkari. The state's Ladki Bahna scheme may impact subsidy payments. Real estate investments in Dubai are on the rise among wealthy Indians.
Real Estate
Jio Financial Boosts Stake in Jio Payments Bank to 82.17%, Stock Soars
Jio Financial Services Ltd increases its stake in Jio Payments Bank, stock price surges in early trade
real estate news
Understanding the Impact of Budget 2024 on Property Transactions
The Finance Minister's recent proposals will have far-reaching implications for real estate transactions, including changes to income tax laws and tax deductions.