Construction

A woman in New York has shared a shocking video showcasing her bathroom's unconventional sink-toilet combo, leaving social media users in disbelief. Emily Bonani, a resident of the city, revealed the cramped space in her apartment that is designed to maximise space efficiency, but the setup has drawn widespread criticism. A New York woman went viral after sharing a video of her bizarre...

Homebuyers' body FPCE has expressed support for the launch of SWAMIH Fund 2, urging that stalled projects be completed to "clean the slate once and for all." While the fund is a ‘positive step,’ the forum stressed the need to identify and adequately fund all outstanding projects. It said builders who have put homebuyers' hard-earned money at risk should be barred from launching new projects....

(Bloomberg) -- Dubai is adding a new round of ostentatious mansions and penthouses — some fitted with cinemas, spas and private elevators — as developers court millionaires from around the world. Real-estate firms in Dubai scramble to attract more buyers from Europe, Asia and the Americas. (Representational photo)(Pixabay) These ultra-luxury homes are being priced anywhere from $60...

Finance Minister Nirmala Sitharaman, in her Union Budget 2025-26 speech on February 1, proposed several incentives and relaxations for the International Financial Services Centre at GIFT City, also known as Gujarat International Finance Tec-City. GIFT City, which is located on the banks of the Sabarmati River, between Ahmedabad and Gandhinagar in Gujarat. Finance Minister Nirmala Sitharaman, in...

The government on Saturday proposed a retrospective amendment to the CGST law concerning 'plant or machinery', a move that is likely to adversely impact real estate companies seeking input tax credit on the construction and leasing of commercial assets, said experts. The government on Saturday proposed a retrospective amendment to the CGST law concerning 'plant or machinery', a move that is...

Budget 2025 has brought good news to the middle class, exempting those earning up to ₹12 lakh under the new tax regime. Additionally, there are two key changes aimed at easing the compliance burden: Budget 2025: Homeowners can now claim nil valuation for two self-occupied properties instead of one. (Representational photo)(File Photo) Tax-Free Second Home – Homeowners can now claim nil...

Finance Minister Nirmala Sitharaman announced on February 1 that the TDS threshold for rental income will be raised from ₹2.4 lakh per year to ₹6 lakh per year. This move aims to reduce the number of transactions subject to TDS and provide relief to small landlords. Finance Minister Nirmala Sitharaman announced on February 1 that the TDS threshold for rental income will be raised from...

Budget 2025 exempts income up to ₹12 lakh from taxation under the new regime. This makes homeownership more accessible for those in this income bracket and encourages investment in the housing sector. However, there will be no change for those earning an annual income of more than ₹12 lakh annually. Budget 2025 exempts income up to ₹12 lakh from taxation under the new regime. This makes...

To boost disposable income and increase affordability for middle-class homebuyers, the Finance Minister on February 1 increased the income tax exemption limit to ₹12 lakh under the new regime. This is expected to enhance spending power and drive housing demand and investments in the real estate sector, say real estate experts. To boost disposable income and increase affordability for...

To provide relief to homebuyers whose apartments have been delayed for years, Finance Minister Nirmala Sitharaman said on February 1 that a SWAMIH Fund 2 will be established with ₹15000 crore allocation to help complete an additional 1 lakh housing units. To help homebuyers stuck with delayed projects, Finance Minister Nirmala Sitharaman said on February 1 that a SWAMIH Fund 2 will be...