The Supreme Court, on April 5, 2019, stayed the Delhi High Court order asking Associated Journals Ltd (AJL) to vacate the National Herald House building in New Delhi. A bench headed by chief justice … READ FULL STORY
Artificial Intelligence (AI) has begun impacting almost all spheres of life and business activities. Like in other fields, it is fast making inroads into the real estate industry, particularly in the commercial real estate segment. … READ FULL STORY
India witnessed a gross leasing activity amounting to 50 million sq ft in 2018, across the major seven cities, the highest in the past eight years, driven by buoyant leasing in Bengaluru and Delhi-NCR. … READ FULL STORY
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
Sumit Dewan, aged 24, who came to Mumbai for his training after completing his graduation in architecture, spent two months searching for a rental house, in vain. Everyone refused him a flat, as he … 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
There are several factors to consider before taking a building on rent for commercial purposes. These factors must be looked at from all possible perspectives and any lacuna or ambiguity must be sorted out … READ FULL STORY
2018 was the best performing year, historically, for the commercial office segment, with leasing crossing 46 million sq ft, according to a report by Knight Frank India, titled ‘India Real Estate – Residential and … READ FULL STORY
There are many pitfalls in taking a commercial building on lease. It is imperative to have a thorough understanding of the area and one’s own requirement from the premises. Commercial lease agreements usually involve … READ FULL STORY
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
The Goods and Services Tax (GST) introduced in India in 2017, marked a new chapter in the tax system in the country, making India a single market from the point of view of levy … READ FULL STORY
A single bench of the Bombay High Court, of justice Shalini Phansalkar Joshi, held that the Real Estate Regulatory Authority had the jurisdiction to hear and decide complaints, of people seeking compensation for delay … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
