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PROPERTY AS AN ASSET
Your house is worth Rs 2 crore, but are you really retirement ready?While an expensive home is nothing less than an achievement, you must remember that the house in which you live produces no rent at all. Ap...
Tenant received Rs 1.38 crore worth of flats for surrendering tenancy rights for society's redevelopment, he received income tax notice; Know how he won the case in ITAT MumbaiTenant receives Rs 1.38 crore permanent alternate accommodation, gets Section 56(2)(x) tax notice; ITAT Mumbai gives relief; know why. This...
My sister gifted me Rs 37 lakh from land sale. Will she have to pay income tax?ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted h...
Second-time parents Deepika Padukone, Ranveer Singh stay at two Mumbai homes that have a Batman-style gym, home theatre, and a golden pianoNearly two years after their first kid – a daughter named Dua – Bollywood’s power couple Ranveer Singh and Deepika Padukone became proud pa...
India overtakes Hong Kong to become Asia’s fourth-largest REIT marketIndia's REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially i...
CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extendedIncome tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...
Karnataka HC dismisses Genpact's plea against ED seizure of Gurugram officeThe ED alleges that the resulting entity repaid about Rs 7,800 crore, including principal and interest, to Genpact Luxembourg between 2018 ...
Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...
Gujarat floods trigger thousands of crores in insurance claims, prompting rate hikes for industrial risksGujarat floods have triggered substantial insurance claims, prompting a review of pricing. Insurers are now pushing for more disciplined pr...
Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock surveyAnarock’s H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for large...
With ‘The Box’, RealX takes aim at the big-ticket barrier in real estateRealX Co-Founder & CEO Manish Kumar on the company’s push to make real estate more accessible through fractional ownership and new digital ...
Sridevi property dispute: Where is 2.7-acre Chennai land located for which husband Boney Kapoor and daughters Janhvi and Khushi received SC notice?Sridevi property dispute case: The Supreme Court has issued notices to Boney Kapoor and his daughters regarding a Chennai property dispute....
RBI clarifies principal business rules for NBFCs, CIC definition after Tata Sons CoR rejectionThe Reserve Bank of India has clarified definitions for financial activity and core investment companies. This clarification follows the re...
In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action starIn the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star. The actor and ...
Juniper Hotels plans Rs 248 crore acquisition of 287-key Novotel ImagicaaJuniper Hotels plans to acquire Novotel Imagicaa for Rs 248 crore. This acquisition advances the company's long-term portfolio building obj...
Indian property is an NRI favourite—but is it the smartest way to build wealth?For years, buying a home in India has been almost synonymous with investing for many Non-Resident Indians (NRIs). A flat in Mumbai, Delhi, ...
Lori Loughlin and Mossimo Giannulli bought a Hidden Hills mansion for $9.5 million; after asking $14.95 million, they sold it for $12.65 millionLori Loughlin and Mossimo Giannulli’s Hidden Hills mansion sale stands out because it combines celebrity real estate, luxury living and a s...
Cows, crypto, crores: A peek into what Union ministers ownRecent asset declarations from ministers reveal a diverse range of portfolios including cryptocurrency investments and foreign assets. Whil...
Recovery of bank dues can't end Vijay Mallya's PMLA case: EDThe Enforcement Directorate informed the Bombay High Court about Vijay Mallya's case. It stated that recovering bank dues does not end mone...
Short term investment lesson from Kailash Kher's Mumbai property deal: Singer makes profit in just 10 months, sells office space for Rs 10.75 croreSinger Kailash Kher has sold his 2,619 sq ft office in Mumbai’s BKC for Rs 10.75 crore, around 10 months after purchasing it for Rs 10.50 c...