2024

Mumbai: The Adani Group promoted Dharavi Redevelopment Project Pvt Ltd (DRPPL) will provide tenements measuring 350 square feet to all residents of Dharavi who lived there prior to the cut-off date of January 1, 2000 free of cost. Residents who moved into the slum settlement later and are not eligible for rehabilitation will be accommodated in proposed ‘Navi Dharavi’ colonies, and the developer...

Property registrations in Pune for the period of January to December 2023 reached a total of 152,323 marking a 9.6% increase compared to the previous peak year. The total amount collected in stamp duty for 2023 was ₹5,352 crores, exhibiting a 10.5% year-on-year (YoY) increase, according to an analysis by Knight Frank India. Property registrations in Pune for the period of January to December...

By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power & Fuel. Employee Cost. PBDIT. Interest. Tax. EPS. Investments. Sundry...

Delhi-NCR saw two listed real estate developers launch luxury projects in the range of ₹7 crore to ₹12 crore recently which the realtors said had been lapped up in a matter of a few days. Demand for luxury and ultra luxury homes among wealthy Indians has gone up and this, say real estate experts, is primarily on account of few launches in the luxury housing segment and the fear of missing out...

Gurgaon-based real estate developer Chintels India Pvt Ltd has transferred the rights of two land parcels in Gurgaon valued at ₹121 crore to Sobha Ltd that were part of their joint venture project, documents accessed by CRE Matrix showed. Gurgaon-based real estate developer Chintels India Pvt Ltd has transferred the rights of two land parcels in Gurgaon valued at ₹121 crore to Sobha Ltd,...

The real estate sector in India attracted over $5.8 bn institutional investments across 53 deals in 2023, a 14% percent increase compared to 2022. However, looking ahead to 2024, it may be necessary to closely monitor the trends in capital flows as prolonged uncertainty and monetary tightening in developed countries may lead to an increased risk aversion among investors, and they would become more...

‘We can expect more spending's on welfare across the country,’ says Ashutosh Sharma With the union government all set to present the interim Budget for the fiscal year 2024-25 on February 1, 2024, tax payers are expecting announcements like concessional corporate tax rate for new manufacturing companies,...

Real estate consultancy Colliers India has expanded into the residential space and has appointed Ravi Shankar Singh as the Managing Director for Colliers’ Residential Transaction Services in India. Interior decor, design tips: Colour combination you can use for your office room (Huseyn Kamaladdin) The residential transactions business will primarily focus on understanding and meeting the...

A new rental value structure, for determining the property tax on households, will come into effect in Ghaziabad from April 1, for the upcoming financial year 2024-2025, the Ghaziabad municipal corporation officials said on Saturday, after the civic body approved the new structure even as the mayor and councillors opposed the move, citing increased burden on taxpayers. GThe new tax structure...

Mumbai: Bollywood star Amitabh Bachchan has purchased a plot in The Sarayu, a 7-star mixed-use enclave in Ayodhya by Mumbai-based developer The House of Abhinandan Lodha (HoABL). Though HoABL refused to comment on the size and value of the deal citing client confidentiality, real estate industry sources said the plot where Bachchan intends to build a home measured around 10,000 square feet and was...