Latest Realty News

Nov 09, 2015
DUBAI: Leading real estate players in the Middle East are bullish about Indians continuing as the most prolific foreign investors in the sector in the coming months too, as official statistics show that Indians have invested over Rs 30,000 crore last year alone here in properties.
Black money: CBDT orders probe against select real estate firms
Nov 30, 2014
New Delhi: CBDT has ordered an Income Tax department investigation against a number of real estate developers
Greater Cochin Development Authority means business, that's the 'realty'
Nov 08, 2014
KOCHI: If you thought the Greater Cochin Development Authority (GCDA) was a civic body formed in larger public interest for planning and developing the city, you could not have been further from the truth
10 taxes you should know about
Apr 15, 2014
HYDERABAD: Taxes, along with taxation rules are one of the most complex and confusing topics of any financial system. This complexity arises because of different types of taxes with different tax rates and continuous amendments in the taxation rules which are retrospective and prospective at times. Through this article, we will try to figure out different types of taxes levied in Indian financial system and their effects.
Buy your first home by March 31 to avail tax benefit
Feb 19, 2014
DELHI: Those planning to buy their first house should rush and complete the formalities by March 31 to avail of the additional tax benefit against the interest paid on a home loan. That's because an exemption available to taxpayers will lapse in the current financial year which enables them to reduce the interest paid from the taxable income. The reduction can be up to Rs 1.5 lakh under section 24 of the Income Tax Act and up to Rs 1 lakh under section 80EE against the interest paid on home loan
Getting ready for filing income tax returns?
Feb 17, 2014
MUMBAI: By this time of the year, most salaried individuals would have received mails from the human resource team at their organisation, asking for tax saving declaration(s) for financial year (FY) 2013-14.
40.72 lakh high spenders in the country under tax scanner
Feb 17, 2014
DELHI: Over 40.72 lakh high value spenders are under the scanner of the Income Tax department which plans to check potential evasion instances before the closing of the financial year on March 31.
I-T raids on 2 realty companies 40 premises in MP, Chhattisgarh
Feb 06, 2014
BHOPAL/INDORE: Income Tax (I-T) team on Wednesday conducted raids on 40 premises of two Bhopal-based real estate companies in a case of unaccounted investment in Madhya Pradesh and Chhattisgarh.
Tricks of trade land builders in dock, HC sends notices
Jan 25, 2014
MUMBAI: Acting suo motu, the Bombay High Court converted into PIL a letter written to it by an activist alleging illegalities in the sale of flats in Mumbai and Thane and issued notices to the state government, civic administration, income tax authorities and some of the leading developers in the city.
Income Tax department surveys on jewellers and builders
Oct 26, 2013
AHMEDABAD: The Income Tax department on Thursday carried out surveys at offices and shops of bullion traders, jewelers, builder and car accessories sellers in the city.
I-T searches offices of builders, onion trader
Oct 16, 2013
AHMEDABAD: Investigation directorate of the income tax department on Tuesday conducted a search and seizure operation on two prominent city-based builders - Dharmdev and Sayona groups - and a leading onion trader Rakesh Raghunath Tanna.
How new real estate bill could reshape the realty ecosystem?
Jun 20, 2013
MUMBAI: 1) Project Registration When the Real Estate (Regulation and Development) Bill 2013 comes into effect, all projects will have to be registered with a real estate regulatory authority.
Property buyers, first pay up TDS
Jun 12, 2013
BANGALORE: Buying property worth over Rs 50 lakh? Then pay TDS before registering it, or income tax sleuths will come knocking on your door.
Budget 2013: Will property become more affordable now?
Mar 04, 2013
If you are still waiting to buy your first house, the budget has some good news for you. The finance minister has extended an additional benefit of Rs 1 lakh on home loans up to Rs 25 lakh for first time property buyers.

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