Real Estate Transactions
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Ayodhya Land Prices Soar As Circle Rates Hiked Up To 200 Per Cent
After eight years, the circle rates of Ayodhya have been revised upward, with an increase ranging from 30 per cent to 200 per cent, depending on location and land use.
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Dubai's Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details
Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.
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Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
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Meet Vratika Gupta, Fashion Designer Who Bought Rs 116 Crore Penthouse In Mumbai
In 2023, the twin-tower complex known as "Three Sixty West" made headlines when it recorded the largest real estate transaction in India.
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Special Team To Probe Mahadev App Promoters' Transactions With Firms: D Fadnavis
Devendra Fadnavis said that a special investigation team (SIT) has been formed to probe alleged illegal transactions between certain financial and real estate firms in the state and the promoters of the controversial Mahadev betting app.
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Rs 800 Crore Found After Raids On Real Estate Groups In Andhra, Telangana
The Income Tax Department has detected unaccounted cash transactions of Rs 800 crore after it recently raided three real estate groups in Andhra Pradesh and Telangana, the CBDT said on Monday.
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Joe Biden Set To Announce "First Ever" US Strategy on Money Laundering
President Joe Biden's administration will announce an anti-corruption strategy Monday meant to tackle two major vehicles for money laundering in the United States -- real estate transactions and shell companies.
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Tax Department Raids Gujarat Realty Firm, Detects Rs 500 Crore Unaccounted Transactions
Income Tax Department has detected unaccounted transactions of over Rs 500 crore after it raided an Ahmedabad-based real estate developer and linked brokers as part of a tax evasion probe, the Central Board of Direct Taxes or CBDT claimed today.
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Over Rs 1000 Crore Unaccounted Transactions Found After Raids On Gujarat Media, Real Estate Group
The Central Board of Direct Taxes (CBDT) on Friday claimed it has detected "unaccounted" transactions of over Rs 1,000 crore after raiding an Ahmedabad-based media and real estate group, identified by officials as the Sambhaav Group.
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In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
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As The 'King Of Debt,' Trump Borrowed To Build His Empire. Then He Began Spending Hundreds Of Millions In Cash
In the nine years before he ran for president, Donald Trump's company spent more than $400 million in cash on new properties - including 14 transactions paid for in full, without borrowing from banks - during a buying binge that defied real estate industry practices and Trump's own history as the self-described "King of Debt."
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Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis
Removing 86 percent of cash, at the time a key part of many real-estate transactions, dented sales and new launches of residential projects, which make up 80 percent of the market.
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PropTiger, Housing.com Announce Merger; Raise $55 Million in Fresh Investment
The new PropTiger-Housing.com joint entity is said to be valued between $270 and $285 million (roughly Rs. 1,837-1,939 crores).
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PM Modi Targets Real Estate Assets In Drive Against Corruption
Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else's name as part of his campaign against corruption, a senior tax official said on Monday.
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Ayodhya Land Prices Soar As Circle Rates Hiked Up To 200 Per Cent
After eight years, the circle rates of Ayodhya have been revised upward, with an increase ranging from 30 per cent to 200 per cent, depending on location and land use.
-
Dubai's Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details
Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.
-
Explained: How New Long Term Capital Gains Tax Options Will Boost Real Estate Market
The government's decision to allow taxpayers to pick between two long-term property transactions has brought cheers to the real estate industry, with experts saying that this move will have a very profound impact on both homeowners and homebuyers.
-
Meet Vratika Gupta, Fashion Designer Who Bought Rs 116 Crore Penthouse In Mumbai
In 2023, the twin-tower complex known as "Three Sixty West" made headlines when it recorded the largest real estate transaction in India.
-
Special Team To Probe Mahadev App Promoters' Transactions With Firms: D Fadnavis
Devendra Fadnavis said that a special investigation team (SIT) has been formed to probe alleged illegal transactions between certain financial and real estate firms in the state and the promoters of the controversial Mahadev betting app.
-
Rs 800 Crore Found After Raids On Real Estate Groups In Andhra, Telangana
The Income Tax Department has detected unaccounted cash transactions of Rs 800 crore after it recently raided three real estate groups in Andhra Pradesh and Telangana, the CBDT said on Monday.
-
Joe Biden Set To Announce "First Ever" US Strategy on Money Laundering
President Joe Biden's administration will announce an anti-corruption strategy Monday meant to tackle two major vehicles for money laundering in the United States -- real estate transactions and shell companies.
-
Tax Department Raids Gujarat Realty Firm, Detects Rs 500 Crore Unaccounted Transactions
Income Tax Department has detected unaccounted transactions of over Rs 500 crore after it raided an Ahmedabad-based real estate developer and linked brokers as part of a tax evasion probe, the Central Board of Direct Taxes or CBDT claimed today.
-
Over Rs 1000 Crore Unaccounted Transactions Found After Raids On Gujarat Media, Real Estate Group
The Central Board of Direct Taxes (CBDT) on Friday claimed it has detected "unaccounted" transactions of over Rs 1,000 crore after raiding an Ahmedabad-based media and real estate group, identified by officials as the Sambhaav Group.
-
In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
-
As The 'King Of Debt,' Trump Borrowed To Build His Empire. Then He Began Spending Hundreds Of Millions In Cash
In the nine years before he ran for president, Donald Trump's company spent more than $400 million in cash on new properties - including 14 transactions paid for in full, without borrowing from banks - during a buying binge that defied real estate industry practices and Trump's own history as the self-described "King of Debt."
-
Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis
Removing 86 percent of cash, at the time a key part of many real-estate transactions, dented sales and new launches of residential projects, which make up 80 percent of the market.
-
PropTiger, Housing.com Announce Merger; Raise $55 Million in Fresh Investment
The new PropTiger-Housing.com joint entity is said to be valued between $270 and $285 million (roughly Rs. 1,837-1,939 crores).
-
PM Modi Targets Real Estate Assets In Drive Against Corruption
Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else's name as part of his campaign against corruption, a senior tax official said on Monday.
