Real Estate

SAMRIDDHI includes a ‘One Plus Five’ option for residential properties and a ‘One Plus Six’ option for non-residential properties.

Delhi LG unveils ‘SAMRIDDHI 2022-23’: Here’s all you need to know

Oct 25, 2022

The new amnesty scheme will further increase the tax base and act as an enabler for MCD to build a proper tax database by being more pragmatic about the enforcement of its long-pending tax dues.

Increased housing loan limits for cooperative banks will help sector grow: experts

Increased housing loan limits for cooperative banks will help sector grow: Experts

Jun 08, 2022

The limit is increased by 100 per cent which was last revised in 2011 and 2009. Given the rise in housing prices, the revised limits will facilitate the growth of the housing sector, say experts.

Check to know if you need to pay higher EMI this month

Home loan linked to MCLR or repo rate? You may need to pay higher EMI this month

Apr 20, 2022

EMIs for MCLR linked home loans are set to rise; for repo linked loans, the rate remain unchanged. 

Realty major DLF said the real estate industry witnessed a structural positive shift in housing demand in 2020-21

DLF sale bookings rise by 24% to Rs 3,084 cr in FY21

Jun 12, 2021

Realty major DLF's sale bookings stood at Rs 2,485 crore in 2019-20, according to an investors' presentation

Property tax rebate deadline extended by AMC

Ahmedabad civic body extends property tax rebate deadline to July 15

Jun 25, 2021

According to this scheme, people who pay property taxes by July 15 can claim a rebate of 10 per cent

DLF's Group Chief Financial Officer (CFO) Vivek Anand said the company is committed to delivering on sales bookings guidance

DLF aims at 30% growth in sales bookings to Rs 4,000 cr during FY22; to launch 8 mn sq ft area

Jun 13, 2021

The company will launch various projects, comprising 8 million square feet of saleable area, to tap the growing demand for residential properties, especially those built by trusted developers

Q1 housing sales estimated to go up 93%

Jun 23, 2021

Sales are likely to be around 24,570 units across seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune, Anarock said.

Property taxes won't be raised by 14% in Mumbai this year

Jun 25, 2021

India's richest civic body wanted to raise property tax rates by 14 per cent by proposing to compute on the basis of new ready reckoner (RR) rates.

Rise Infraventures targets sales worth Rs 2,000 crore by FY22-end

Jun 25, 2021

Rise Infraventures Limited, which was incorporated three months back, plans to open an office in Delhi in Q2 of FY22 and expects sales worth Rs 30-50 crore beginning from the third quarter

Bengaluru, Mumbai Metropolitan Area (MMR), National Capital Region (NCR), and Pune together constituted 83% of the sales in the quarter

Housing sales beat COVID-19 blues, up 29% in top 7 cities in Q1

Mar 25, 2021

The figure has breached the pre-Covid levels, with as many as 58,290 houses being sold in the top seven cities in Q1 as against 45,200 units in Q1 2020, property consultant ANAROCK says in its report

A large section of people who live in rented houses are actively looking to own houses which also helps in demand recovery

Festive season boosts homebuyer sentiment, sales enquiries back to pre-COVID levels

Nov 24, 2020

Niranjan Hiranandani, founder and managing director, Hiranandani Group, told Business Today that a large section of homebuyers in metro cities are helping the revival of sales

Atmanirbhar Bharat 3.0 will help homebuyers in terms of lower stamp duty and capital gains tax

Lower stamp duty and tax exemption, how Atmanirbhar Bharat 3.0 benefits homebuyers

Nov 12, 2020

The government has decided to increase the differential between agreement value and circle rate from 10 per cent to 20 per cent (under section 43CA) for the period starting now to June 30, 2021

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BT Insight: Planning to buy your first home? Use extension to get subsidy under CLSS

May 28, 2020

As your combined family income goes up, the extent of the subsidy comes down. If the household annual income is less than Rs 6 lakh, the family falls under LIG category. If the income is between Rs 6 lakh to 12 lakh the family belongs to MIG 1 category

If your capital gain is higher, you will have to pay capital gains tax on the amount exceeding Rs 2 crore

Selling your property? Save long-term capital gains tax by re-investing in the new one

Nov 21, 2019

The maximum amount of capital gains that you can re-invest in another property and get complete exemption is Rs 2 crore. If your capital gain is higher, you will have to pay capital gains tax on the amount exceeding Rs 2 crore

One can choose the bond route provided under section 54EC of the Income Tax Act

Selling your property but don't want to invest in another? Here's how you can reduce LTCG outgo

Nov 11, 2019

If you sell the property before holding it for two years, you will pay the STCG tax on it. The gains that you incur by selling the property are added to your income of the concerned financial year

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How NHB directive on subvention schemes will impact residential real estate sector

Sep 13, 2019

The NHB directive advises housing finance companies to avoid extending loans to under-construction projects that are already using subvention schemes

After slowdown, will real estate be back on track in 2018?

Dec 20, 2017

Real estate which was one of the most sought after investment avenue among India has seen a dip in its popularity off late because of the stagnation or dip in prices.

Homebuyers in limbo after admission of claim by NCLT against Jaypee Infratech

Aug 16, 2017

The admission of bankruptcy petition has left home-buyers in limbo, who are not certain what their rights would be if the company goes into liquidation.