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CHENNAI LAND ACQUISITION
DRA buys 10-acre Chennai land parcel for Rs 159 crore to develop housing projectRealty firm DRA has acquired a ten-acre land parcel in Chennai for Rs 159 crore. This acquisition is part of the company's expansion plans ...- Sumadhura Group to invest Rs 17,000 cr on realty projects, land acquisitionThe Sumadhura Group is gearing up for a massive investment of Rs 17,000 crore, set to complete by March 2030. This extensive funding will d...
- India’s housing market sees structural shift towards premium, luxury homes: CareEdge RatingsIndia’s housing market is seeing a structural shift towards premium and luxury homes, with affordable housing losing share in new launches....
- Tamil Nadu scraps Parandur airport plan, looks for new site near ChennaiTamil Nadu's Chief Minister Joseph Vijay announced the abandonment of the Parandur airport project. This decision prioritizes agricultural ...
- 'Dropping Parandur Airport is not change; it's an irreversible setback': MK Stalin, Annamalai question TVK govt over project cancellationIn a significant decision, Tamil Nadu's Chief Minister has called off the Parandur airport project, igniting a wave of reactions. While opp...
- Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...
- Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
- Karnataka's Tumakuru industrial hub to attract Rs 7,000 crore investment, create 88,000 jobs: MB PatilKarnataka plans to develop Tumakuru into a major industrial manufacturing hub. This proposed node is expected to attract significant invest...
- Real estate stocks: Time for a tactical relocation? 10 stocks with an upside potential of up to 35%In its operating matrix, the real estate sector is different from most sectors listed on the exchanges. In fact, a large part of the indust...
- Which Tata stocks look attractive now? Jefferies picks 4; flags TCS and 2 othersJefferies believes Tata group stocks should remain driven by business fundamentals despite N Chandrasekaran’s planned exit as Tata Sons cha...
- Sold land for Rs 7.24 crore, paid no tax, received income tax notice; Know how Google Earth photos and revenue records helped taxpayer to win this case in ITAT AhmedabadFamily member sold his 1/3rd share of agricultural land for Rs 7.24 crore, pays no tax, tax dept sent notice, he wins case in ITAT Ahmedaba...
- No offers received for Vijayawada Railway Station redevelopment under PPP model: Ashwini VaishnawThe initial bid for Vijayawada Railway Station's redevelopment received no response. Railway Minister Ashwini Vaishnaw informed the Rajya S...
- NRI woman sold her property in Gujarat for Rs 21 lakh, tax dept sent notices, she missed them as she lived abroad; later she files case and wins in ITAT AhmedabadITAT overturns STCG tax on Gujarat house sale: When Kaminiben, an NRI from Anand, Gujarat, sold her house for Rs 21.4 lakh in AY 2018-19, w...
- Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
- Sedemac Mechatronics shares can rally to Rs 3,700? Here’s why HSBC initiated coverage on the stockKey growth factors include products such as MCUs for power tools and light commercial vehicles, the after-exhaust control module (ACM) for ...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
- South India emerges as key hub for hospitality industryThe southern states of India are emerging as vibrant centers for hospitality and tourism, fueled by a surge in travel enthusiasm and suppor...
- Karnataka: Four laning of national highway in Sira section to start soon, says MoS SomannaUnion Minister of State for Railways and Jal Shakti V Somanna said construction of the 20.2-km four-laning of the Sira–Badavanahalli stretc...
- Certus Capital invests Rs 275 crore in Gurgaon residential projectCertus Capital has invested ₹275 crore in a Gurgaon low-rise residential project. This marks their second investment in the National Capita...
- Web Werks-Iron Mountain JV acquires land in ChennaiWeb Werks - Iron Mountain data centers joint venture has acquired a four-acre land in Chennai to build two new data centers. The centers wi...
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