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Nagpur SROs Fail to Report Real Estate Deals Worth Over Rs5,500 Crore to I-T Department

Real Estate

Nagpur SROs Fail to Report Real Estate Deals Worth Over Rs5,500 Crore to I-T Department

The Income Tax Department in Nagpur has uncovered a massive oversight where sub-registrar's offices failed to report real estate deals worth over Rs5,500 crore under the Statement of Financial Transactions (SFT).

August 21, 2025
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I-T Department Uncovers Major Under-Reporting of Real Estate Deals in Nagpur

Real Estate

I-T Department Uncovers Major Under-Reporting of Real Estate Deals in Nagpur

The income tax department has discovered significant under-reporting of real estate transactions in Nagpur, with deals worth nearly Rs500 crore not reported by the sub-registrar office (SRO-7).

August 13, 2025
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Income Tax Department Uncovers Major Under-Reporting of Real Estate Transactions in Nagpur

real estate news

Income Tax Department Uncovers Major Under-Reporting of Real Estate Transactions in Nagpur

The Income Tax Department has uncovered significant under-reporting of real estate transactions in Nagpur, with deals worth nearly Rs500 crore not reported by the SRO. Similar discrepancies were found in Malkapur tehsil of Buldhana. Stay updated with the latest local news from your city.

August 13, 2025
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50 Years of SITE: Pioneering Space Technology for Societal Benefit

real estate news

50 Years of SITE: Pioneering Space Technology for Societal Benefit

Explore how the Satellite Instructional Television Experiment (SITE) transformed rural India through educational and developmental TV programmes, marking a significant milestone in the application of space technology.

July 24, 2025
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Bengaluru Realtor Pays Rs 38 Lakh Tax for Luxury Cars Owned by Bachchan and Khan

real estate news

Bengaluru Realtor Pays Rs 38 Lakh Tax for Luxury Cars Owned by Bachchan and Khan

A Bengaluru-based realtor, Yusuf Sharif, also known as KGF Babu, has been slapped with a tax bill of nearly Rs 40 lakh for operating luxury Rolls-Royce cars purchased from Bollywood stars Amitabh Bachchan and Aamir Khan. The RTO cited 'years of illegal use' as the primary reason for the hefty tax.

July 24, 2025
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Mumbai Metropolitan Region to Welcome First Space Education Lab in Thane

Real Estate Mumbai

Mumbai Metropolitan Region to Welcome First Space Education Lab in Thane

Amber International School and Vyomika Space Academy have signed an MoU to establish the Mumbai Metropolitan Region’s first Space Education Lab, aimed at introducing students to the world of space research.

July 8, 2025
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Transforming Real Estate Transactions with Model Sub-Registrar Offices

real estate news

Transforming Real Estate Transactions with Model Sub-Registrar Offices

The Chhattisgarh government's Model Sub-Registrar Offices (SROs) are revolutionizing property registration in India, making the process more transparent, efficient, and citizen-centric.

July 2, 2025
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License Classroom Expands Real Estate Education to New York, New Jersey, and Virginia

Real Estate

License Classroom Expands Real Estate Education to New York, New Jersey, and Virginia

License Classroom, a leading provider of online real estate education, has expanded its state-approved courses to New York, New Jersey, and Virginia, continuing its mission to make high-quality, affordable real estate education accessible to more professionals.

July 1, 2025
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7 Rarest Rolls-Royce Models in the World

Real Estate

7 Rarest Rolls-Royce Models in the World

Discover the most exclusive and luxurious Rolls-Royce models, each a masterpiece of bespoke craftsmanship and design.

May 26, 2025
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33-Year-Old Indian Entrepreneur Becomes Youngest Owner of Rolls-Royce Cullinan Series II Black Badge

Real Estate

33-Year-Old Indian Entrepreneur Becomes Youngest Owner of Rolls-Royce Cullinan Series II Black Badge

Meet Amjad Sithara, the 33-year-old Indian entrepreneur who has made headlines by becoming the youngest Indian to own the prestigious Rolls-Royce Cullinan Series II Black Badge. His business acumen and success in the real estate and luxury sectors have positioned him as a rising star in the industry.

April 19, 2025
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MahaRERA Caps SRO Appointee Tenure at Two Years to Prevent Conflicts

Real Estate Maharashtra

MahaRERA Caps SRO Appointee Tenure at Two Years to Prevent Conflicts

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a two-year tenure limit for representatives appointed by Self-Regulatory Organizations (SROs) to ensure transparency and prevent conflicts of interest.

January 15, 2025
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MahaRERA Sets Two-Year Term for SRO Representatives, Mandates Domain Expertise

Real Estate Maharashtra

MahaRERA Sets Two-Year Term for SRO Representatives, Mandates Domain Expertise

Pune: Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued new guidelines, setting a two-year term limit for Society Registration Officers (SRO) representatives and mandating domain expertise for the role.

January 13, 2025
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MahaRERA Sets Two-Year Term Limit for SRO Representatives, Mandates Domain Expertise

Real Estate Pune

MahaRERA Sets Two-Year Term Limit for SRO Representatives, Mandates Domain Expertise

Pune: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued new guidelines, fixing the tenure of representatives in the State Regulatory Organisations (SROs) and mandating domain expertise for these roles.

January 13, 2025
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Maharashtra Real Estate Body Directs Self-Regulatory Organisations to Replace Builders

real estate news

Maharashtra Real Estate Body Directs Self-Regulatory Organisations to Replace Builders

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a directive to self-regulatory organisations (SROs) to take over the management of certain projects from builders who have failed to comply with regulations. This move aims to ensure t

January 13, 2025
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MahaRERA Fixes 2-Year Tenure for Real Estate SRO Appointees

Real Estate Mumbai

MahaRERA Fixes 2-Year Tenure for Real Estate SRO Appointees

Mumbai: In a recent decision, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has set a two-year tenure for appointees of various Self-Regulatory Organisations (SROs) from the real estate industry. This move aims to bring more accountability a

January 13, 2025
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MahaRERA Limits SRO Tenure to Two Years to Prevent Conflict of Interest

Real Estate Maharashtra

MahaRERA Limits SRO Tenure to Two Years to Prevent Conflict of Interest

Mumbai, 13th January 2025: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to limit the tenure of appointees in various positions to two years to prevent any potential conflict of interest and ensure transparency and accountability

January 13, 2025
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MahaRERA Revises SRO Eligibility Criteria for Real Estate Projects

real estate news

MahaRERA Revises SRO Eligibility Criteria for Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recently updated the eligibility criteria for Self-Regulating Organizations (SROs). These changes aim to enhance transparency and accountability in the real estate sector.

January 5, 2025
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Mumbai-Based Start-Up Manastu Space Successfully Tests Green Propulsion System in Space

Real Estate Mumbai

Mumbai-Based Start-Up Manastu Space Successfully Tests Green Propulsion System in Space

Mumbai-based space start-up Manastu Space has successfully test-fired its home-built green propulsion system, Vyom 2U, on the PSLV Orbital Experimental Module-4 (POEM). The thruster was fired for 30 seconds, tilting the platform by 24 degrees and impartin

January 1, 2025
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Mumbai-Based Start-Up Manastu Space Successfully Tests Green Propulsion System in Space

Real Estate Mumbai

Mumbai-Based Start-Up Manastu Space Successfully Tests Green Propulsion System in Space

Mumbai-based space start-up Manastu Space has successfully test-fired its home-built green propulsion system, Vyom 2U, on the PSLV Orbital Experimental Module-4 (POEM). The thruster was fired for 30 seconds, tilting the platform by 24 degrees and impartin

January 1, 2025
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Goa's Grassroots Movement: A Fight for the State's Soul

Real Estate

Goa's Grassroots Movement: A Fight for the State's Soul

Thousands of Goans unite against mega projects threatening the state's landscape and identity, echoing sentiments of past grassroots movements.

September 23, 2024
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