The father and grandfather of the teenage suspect in the Porsche accident have been placed in police detention until May 31
PunePorsche AccidentTeenage DriverPolice CustodyReal Estate DeveloperReal Estate PuneMay 28, 2024

The father and grandfather of the teenage suspect have been placed in police custody until May 31
They have been charged under IPC sections 368 (illegally concealing information) and 365 (kidnapping with purpose to covertly and wrongfully imprison a person)
They allegedly manipulated blood samples to show that the teenager was not drunk at the time of the accident
A speeding Porsche allegedly driven by a teenager struck and killed two IT workers in the Kalyani Nagar neighborhood of Pune city
The teenager was granted bail by the Juvenile Justice Board but was later placed in an observation home until June 5

Private equity investments in Indian real estate surged 15% YoY to USD 3 billion in H1 2024, driven by growth in warehousing and residential sectors.

In a move to simplify tax calculations, the government has introduced an option for taxpayers to compute capital gains tax on real estate transactions. This change is expected to benefit property sellers and reduce disputes over tax liabilities.

Mid-tier cities like Faridabad, Lucknow, Vrindavan, Ludhiana, Chandigarh, Indore, Dehradun, and Jaipur are becoming hotspots in the real estate market, offering a low-cost, peaceful life and high returns on investment.

MahaRERA appoints NAREDCO Maharashtra as the first self-regulatory organization. The Maharashtra Real Estate Regulatory Authority makes a significant step towards ensuring transparency and accountability in the real estate sector.

Real estate mogul and entrepreneur Barbara Corcoran will take center stage at the premier supply chain conference of the year in Ottawa, Ontario, Canada.

Coimbatore leads the growth with a 36% increase in sales volume, while Visakhapatnam's real estate market experiences a 21% downturn.