The sale of immovable property, which is held by an individual for more than 24 months, attracts long-term capital gains (LTCG) tax of 20 per cent on the profit (net consideration minus expenses incurred … READ FULL STORY
Rentals of commercial properties in the country are expected to continue their upward spike in most of the metros in the country. There has already been a healthy increase in rentals in the last … READ FULL STORY
The businesses have evolved over the years and so have the amenities and perquisites offered by offices to their employees. Offices are no longer just about desks and chairs. They have to offer so … READ FULL STORY
Sitalakshmi Gopalan, a retired school teacher in Delhi, invested in a senior living project in Coimbatore. Although her children continue to stay in Delhi, she was clear that she wanted to stay with people … READ FULL STORY
A palatial villa in Golf Links or Jor Bagh may be every home seeker’s dream but not everyone can turn it into reality. When it comes to realistic dreams, most of Delhi’s middle-class, salaried … READ FULL STORY
The real estate sector has a positive outlook for the next six months, on account of the stable policy environment after the introduction of structural reforms implemented in 2017, according to the ‘Real Estate … READ FULL STORY
The Goregaon-Mulund Link Road (GMLR) and the Mumbai Coastal Road. One of the most ambitious infrastructure projects of the BMC, the Rs 3,800-crore GMLR, has inched closer to reality after the approval from the … READ FULL STORY
According to singer Shibani Kashyap, Mumbai is definitely a place where one should have one’s own house. Kashyap bought her house in Versova, after selling a property in Delhi, as she did not want … READ FULL STORY
The Chennai office market did not perform as well as markets in other metros and there was significantly low volume of leasing in 2018. The rental transactions stood at mere 3.5 million square feet … READ FULL STORY
The Mumbai Metropolitan Region (MMR) has seen decent new supply and transactions in the last few years and 2018 was no exception. The new commercial real estate supply has been hitting the market in … READ FULL STORY
Commercial real estate investment requires large amounts of money and commitment from the buyers. The number of buyers for residential property far outdo the ones for commercial real estate in any country. While there … READ FULL STORY
Update on July 5, 2019: Finance minister Nirmala Sitharaman, while presenting the Union Budget 2019-20, on July 5, 2019, said the government is proposing additional tax deduction of Rs 1.50 lakhs on the interest paid … READ FULL STORY
Before every annual budget, the real estate sector trots out a highly optimistic (and unrealistic) wish-list to the Finance Ministry. Whether the industry actually expects the upcoming budget to cure all its woes, with … READ FULL STORY
