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DUBAI BASED HOMEBUYER
Dubai-based homebuyer cancels 2 Mumbai flats after long delay, but builder kept him waiting for refund and wanted to deduct charges: MahaREAT orders full refund + Rs 1.33 crore in interestDubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays p...
Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
Lady sells property for Rs 94 lakh, gets Rs 38 lakh in cash; files no ITR, gets tax notice for unexplained income, wins case in ITAT MumbaiA homeowner who sold property for Rs 61 lakh and received Rs 38 lakh in cash has won a tax case. The Income Tax Appellate Tribunal Mumbai r...
Mumbai: Borivali apartment lists for Rs 8.5 crore, netizens say ‘shift to Dubai, get a golden visa, start a company and live tax-free’A 5 BHK apartment in Mumbai's Borivali is listed for over ₹8.52 crore, sparking social media buzz. Borivali's property market is surging, d...
Buy a Rs 5 cr house in Dubai and live rent-free in Delhi? This Reddit user explains howWith soaring real estate prices in Indian metros, some buyers are considering alternatives like Dubai, where property investment can yield ...
New Delhi 6th, Mumbai 7th among 44 cities globally in luxury home price rise: ReportNew Delhi has risen to the sixth position among 44 global cities in luxury home price appreciation, with a 6.7% increase in rates during th...
Why are India's richie rich choosing Dubai to migrate?A report by Henley & Partners reveals that approximately 4,300 millionaires are expected to leave India this year, with many choosing the U...
Mumbai records 3rd highest growth prime residential prices in December quarterMumbai's 10% price growth in the past 12 months driven primarily by affluent homebuyers looking for a lifestyle upgrade in the backdrop of ...
Indians dethrone British to become largest real estate investors in DubaiThe Betterhomes Residential Market Report showed Indians topping the nationalities list in the June and September quarters - up from No. 2 ...
Mumbai ranks 4th among key global cities’ price rise tally in July-SeptemberMumbai saw a 6.5% year-on-year growth in prime residential prices, moving up 18 places to the fourth position in global rankings. New Delhi...
Indians spent Rs 35,500 crore to own Dubai homes in 2022The 2022 real estate data confirms the trend. The Dubai market earned 16 billion dirhams, or Rs 35,500 crore, from sales to Indians last ye...
NCLT allows withdrawal of insolvency proceedings against MGF DevelopmentsOn Tuesday, NCLT had initiated insolvency proceedings against MGF on a application under Section 7 of the IBC Code, 2016 filed by The Vilas...
NCLT initiates insolvency proceedings against MGF Developments LimitedMGF had formed a joint venture with Emaar Properties, which entered India in 2005 with the largest FDI in the realty sector under Emaar MGF...
Top Trends Shaping Luxury Home Buying
Maharashtra Govt invites private builders to partner MHADA for Affordable HousingMHADA will be picking up equity in these projects and facilitate faster approvals apart from additional support to the project. The modalit...
Kerala: Haze over illegal buildings put homebuyers in a spotThe state government has submitted an affidavit before the Supreme Court regarding the buildings that have violated CRZ norms. But details ...
HDFC localises website in six Indian languagesThe mortgage lender said that the website content is now also available in Hindi, Marathi, Tamil, Telugu, Malayalam and Kannada, even as En...
Emaar to appeal against NCLT order to initiate bankruptcy proceedingsRealty firm Emaar MGF Land will appeal against an NCLT order to start insolvency proceedings against the company after two homebuyers filed...
IT park builders log on to on-campus homesDevelopers believe that the time has come to offer residential solutions that allow buyers to circumvent or reduce the impact of the city's...
- Dubai property boom gets hit by financial crisis
This Arab Gulf boomtown, so business-friendly it's been called Dubai Inc is suddenly getting a nasty taste of the global financial crisis.