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Property News Archive

Thanekars gear up for Cleanliness contest!

Thane Municipal Corporation (TMC) chose a unique way of celebrating Ambedkar Jayanti this year. Thane is one city which is taking the Swachh Bharat Abhiyaan very seriously. After running a successful movement to make the city defecation-free, the civic body has now introduced a cleanliness competition for housing societies and slums where the winners will […]

Mining magnate puts London house on sale

Pramod Agarwal, an industrialist of Indian origin has put his luxurious house located in Central London on the block. Agarwal, The founder of the international Zamin mining group who had acquired the massive property overlooking the city’s famous Regent’s Park in October 2013 for 37.5 million pounds, is compelled to sell it off as a […]

Alia Bhatt wants to buy homes in London & Dubai

  At just 23, Alia Bhatt already owns a property in Mumbai. She will soon leave her parents’ house and move into her own abode as she feels everyone needs their space. “My dreams are very big! I want to buy a house for my mother in London as she loves that city,” Alia says. […]

Altico Capital to pump in 990 cr in commercial realty this year

  besides the $400 million to be deployed in  mid-income  and  affordable housing  segments, Altico Capital  is also looking to pump in $150 million (Rs 990 crore) in commercial  office  properties  and infrastructure sector over 12 – 18 months. Altico plans to raise Rs 2,000 crore through a mix of instruments and funding sources that […]

Live and kicking – Dubai Property Show 2016

Dubai International Property Show, which is being supported by Dubai Land Department (DLD), has kicked off with a bang on April 11, 2016 at the Dubai International Convention and Exhibition Centre. “A number of new concepts have been introduced this year along with attractive rates on certain properties as exclusive deals at the event,” said […]

Piramal to launch realty equity fund worth $250 million

According to a report, the financial services arm of Piramal Enterprises, Piramal Fund Management has entered into a partnership with a pension fund to undertake equity investments in residential projects by means of PE worth $250 million. The report however did not mention the name of the partner in the deal. In 2014, Piramal Enterprises […]

Do you really own your land as per law?

  Did you know that paperwork like tax receipts is not enough to prove you are the owner of a property? Yes, you’d be surprised to know that a transaction entered into between a buyer and seller of land is simply recorded at the registration and stamps duty office. However, it is only a record, […]

Now, Taxman wants a break-up of your net worth

The new set of Income Tax Returns (ITR) forms which were unveiled on 31st March 2016 by the Central Board of Direct Taxes (CBDT) will include a new schedule — schedule AL to all ITR forms (including ITR 1). In this, if you earn more than Rs 50 lakh a year, the I-T Department wants […]

‘Baby’ Taapsee Pannu buys a 4BHK in Mumbai

After spending three years in Bollywood and featuring in films like ‘baby’ and ‘Chashme Baddoor’, actress Taapsee Pannu has bought a four bedroom apartment in the plush Andheri area of Mumbai. Taapsee entered the showbiz with Telugu films like ‘Aadukalam’ and ‘Vastadu Naa Raju’. “I first wanted to wait for Bollywood’s response in terms of […]

SBI announces cheaper home loans

After the Reserve Bank of India prescribed new system to improve transmission of monetary policy that is Instead of one benchmark rate, banks would indicate at least five benchmark rates varying according to tenures called Marginal Cost of funds based Lending Rates (MCLR), home loans  from the country’s largest lender, State Bank of India are […]