July 2024

Apco Infratech Private Limited, a company involved in the construction of infrastructure projects across the country, has purchased a sea-view triplex apartment worth ₹155 crore in Bandra's Pali Hill area of Mumbai, according to property registration documents accessed by Zapkey.com Apco Infratech Private Limited, a company involved in construction of infrastructure projects across the...

The Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday said it has selected the expert consultant to prepare a master plan for the development of an urban centre in Agra, along the Yamuna Expressway. At 10,500 hectares, the new city will be half the size of Noida, said officials. (HT Archive) Once the master plan for the urban city is final, work will begin on the project...

Mumbai-based listed real estate developer, Mahindra Lifespaces on July 24 reported a consolidated net profit of ₹12.74 crore for the June quarter. The company had in the same period last year posted a net loss of ₹4.27 crore. Mumbai based listed real estate developer Mahindra Lifespaces on July 24 reported profit after tax (PAT) of ₹12.74 crore.(HT representational Photo) The...

If you bought a property in or after 2001 and plan to sell it now, you may find yourself paying more tax, especially after the new proposals introduced on July 23. Budget 2024. has reduced tax rates on capital gains earned from sale of house properties held for long term, but has removed the indexation benefit available to taxpayers. The long-term capital gains (LTCG) has been reduced from 20% with...

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that a total of 5,260 real estate agents will appear for the fifth competency examination to be conducted by the Authority on July 29 across 24 centres in Maharashtra. Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that a total of 5,260 real estate agents will appear for the fifth batch of...

Jul 24, 2024 11:58 AM IST A Zomato delivery agent’s tour of his humble accommodation in a Mumbai slum has touched millions of viewers A Zomato delivery agent’s tour of his humble accommodation in a Mumbai slum has touched millions of viewers, with one person even coming forward to pay his rent for the next three months. Pranjoy Borgoyary moved out of his home in Northeast India to work...

As rains batter Mumbai and cases of waterlogging get reported across the city, the biggest casualties is the city’s real estate sector. According to real estate experts, during the monsoon, the real estate transactions are comparatively lesser and walk-ins greatly reduced between the months of July to August. The Mumbai real estate market gains momentum with the onset of the festive season starting...

Gurugram-based flexible workspace provider Incuspaze has raised $8 million in its maiden funding round which was led by India Inflection Opportunity Fund, the co-working player said in a statement. Coworking firm Incuspaze raises $8 million from India Inflection Opportunity Fund and other financial institutions(Incuspaze) Launched in 2022, the India Inflection Opportunity Fund (IIOF), a...

Presenting her seventh consecutive Budget, Union Finance Minister Nirmala Sitharaman on July 23 announced a special financial support package of ₹15,000 crore for development of Andhra Pradesh’s new capital city during the financial year 2024-25. Presenting the Union Budget 2024-25, FM Nirmala Sitharaman announced a ₹15,000 crore financial package for development of Andhra Pradesh's new...

The government on July 23 brought units of listed business trusts -- REITs and InvITs -- at par with listed equity shares while calculating long-term capital gain tax, a move that will foster a more agile investment environment. The government on July 23 brought units of listed business trusts -- REITs and InvITs -- at par with listed equity shares (Representational photo)(Unsplash)...