Latest Realty News

Tata Sons chairman Cyrus Mistry's company wins battle 'royal' against lawyer
May 11, 2014
HYDERABAD: A company owned by the family of Tata Sons chairman Cyrus P Mistry has won a victory in the Andhra Pradesh high court as it tries to safeguard the assets it bought from the heirs of the erstwhile Nizam of Hyderabad. In an order last week, the court put a temporary halt to the sale or transfer of Cyrus Investments' assets in Hyderabad by the lawyer who was given a general power of attorney for the assets by the Mumbai-based company.
Real estate investment trusts get regulatory push
May 10, 2014
MUMBAI: The Securities and Exchange Board of India (Sebi) is preparing to remove the barriers for launch of trading in Real Estate Investment Trusts (REITs).
RCOM to move 5,500 staff off rolls
Apr 14, 2014
MUMBAI:It's time for over 5,500 employees of the Reliance Group flagship Reliance Communications (RCOM) to bid adieu to Dhirubhai Ambani Knowledge City (DAKC). Many of them had boasted of pumping chairman Anil Ambani's hands at the DAKC, when he took over the reins of the company after the demerger of the family empire in 2005. This, Ambani had then admitted, beat the record number of handshakes he did at his wedding reception.
No new real estate assets acquired by Sonia Gandhi
Apr 05, 2014
RAE BARELI: Congress President Sonia Gandhi has acquired no new real estate assets in the last 15 years although the value of her properties has nearly doubled since the 2009 Lok Sabha polls.
Infosys chief’s daughter to invest ?150 crore to expand hotel venture
Feb 11, 2014
BANGALORE: Infosys CEO SD Shibulal’s daughter Shruti Manchanda, who turned an entrepreneur two years ago, is set to expand her hospitality venture.
ASK Group set to raise $200 million offshore real estate fund
Jan 15, 2014
DELHI: ASK Group, a diversified financial services group, today announced the first close of $50 million of their $200 million offshore real estate focused fund.
Part III: De-mystifying capital gains
Nov 14, 2013
DELHI: Just as buying real estate is a big decision for investors, so is selling. The profits that one makes in real estate may seem lucrative, however, it brings along liabilities in the form of taxes. Since many end-up paying a large amount as taxes on property selling, a sound knowledge of capital gains and ways to save taxes may help buyers.

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