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Real Estate

1% TDS applies on immovable property over Rs 50 lakh

TDS to be deducted based on the value of the immobile properties

Real Estate

Ministry provides free food grains to beneficiaries under PMGKAY

The department allocates 8 LMT of food grains for migrants

Real Estate

Redevelopment of New Delhi station gets exemption for 38.7 hectares

Delhi forest department approves New Delhi railway station revamp

Real Estate

Centre allocates Rs 48k cr for 80 lakh homes construction under PMAY

Government to allocate Rs 48,000 cr for completion of 80 lakh homes

Real Estate

CHB plans to begin online services for transfer of properties

Residents can apply online for houses without visiting the office

Real Estate

AMC reduces property tax rebate from 75% to 50% for GIDCs

AMC collects Rs 25-30 cr property tax per annum from GIDC

Real Estate

Government to modify TDS norms on immovable property sale

1% TDS on sale of non-agriculture immovable property

Real Estate

DLF records 15% drop in net profit to Rs 379.49 cr in Q3 FY22

DLF total revenue during Oct-Dec 2021 surged to Rs 1,686.92 cr

Real Estate

Arvind SmartSpaces acquires 35 acres of land for Rs 100 cr in Pune

Land parcel in Pune has a development potential of 1.3 mn sq ft

Real Estate

Govt aims to construct 500-km rural road under PMGSY-III in Ladakh

Around 425 km road network’s DPRs are sent to State Technical Agen..

Real Estate

Macrotech Developers to refinance debt up to Rs 2,500 cr by March

The company's net debt in India fell to Rs 9,896 crores in December

Real Estate

Property Registration in Mumbai down by 26% to 7,732 units in Jan

In Jan 2022, 7,732 units were registered for sale in MCGM region

Real Estate

Centre sets up National Land Monetisation Corporation

NLMC has been set up to expedite land monetisation

Real Estate

SEBI extends properties auction deadline of Kerala Housing Finance

The deadline for properties auction is extended to 4 February

Real Estate

HDUDA to meet layout owners in Navanagar

HDUDA calls for a meeting with layout owners in Navanagar

Real Estate

95% of properties do not have legal BU permission in Gujarat

95% of the 34 lakh-odd properties do not hold BU permission in Gujarat

Real Estate

Macrotech Developers net profit jumps 24% to Rs 286.38 cr in Q3

The company's total income rose to Rs 2,148.74 cr during Oct-Dec

Real Estate

Karnataka authority to issue work order for 10,060 houses

Housing units will be constructed under Basava Housing Scheme

Real Estate

Mumbai’s housing registrations surge 53% to 2.42 lakh units in 2021

Property registration grew in 2021 due to stamp duty reduction

Real Estate

Challenges and Opportunities in Real Estate redevelopment

AVIK MUNSHI & DR DEVANGSHU PANDIT writes on real estate redevelopment

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