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Rs 80 lakh tax demand quashed: ITAT Mumbai says stamp duty value not applicable to life interest in family trustITAT Mumbai ruled that stamp duty rules under Section 50C do not apply to the transfer of a life interest in family trust property. The tri...
Seller took earnest money but failed to convert leasehold property: Supreme Court orders Rs 3 crore refund to buyerThe Supreme Court ordered a seller to pay Rs 3 crore to a buyer after a 17-year property dispute. The seller failed to convert the leasehol...
Noida property: Can the authority ask for higher payment after allotment of leasehold property?Leasehold property owners in cities like Noida face specific payment systems. While initial agreements often involve a one-time premium, th...
Man buys a plot on 99 years lease in auction, 3 years later govt imposes annual lease rent; he fights back and wins in Rajasthan HCThe Rajasthan High Court has made waves with a pivotal decision, asserting that the government is barred from altering lease rent condition...
Can you convert a leasehold property such as in Noida into freehold? Know how it’s different from a freehold property in GhaziabadIn Noida, property ownership operates under a leasehold model, which means the land is ultimately owned by the authority, whereas Ghaziabad...
How Indians can look for their second home in DubaiDubai's property market attracts Indian investors. It offers tax-free policies and a secure legal system. The market shows rapid growth. Fo...
Indians can own homes in Oman. Here’s howSince 2006, Oman has opened its real estate sector to foreigners through Integrated Tourism Complexes (ITCs) and usufruct rights, allowing ...
Thinking of buying a property in Dubai? Consider FEMA limits, hidden costs, developers and zone-type before taking a callMany upper-middle-class Indians are keen on investing in Dubai real estate due to high rental yields, no tax payment requirement, and appea...
Delhi’s big-ticket property deals come to standstillDelhi's big-ticket property transactions are affected as the Land and Development Office (L&DO) delays the conversion of leasehold properti...
What are the new 2024 Property laws and how will they impact you? All you need to knowIn 2024, new property laws can come into existence. King Charles III gave the first King’s speech in more than 70 years, where he introduce...
How to buy a property on which home loan is pendingA buyer needs to procure no-dues and other approvals from banks and government authorities before buying a property on which there is an ex...
What I read this week: Aadhaar man’s new definition of growth; and a chip-based currency note that will expireAn eye-opening definition of business growth from Nandan Nilekani, our Aadhar man and more.
- Properties at Noida, Greater Noida, and Yamuna Expressway to become free-hold
The authorities of Noida, Greater Noida and Yamuna Expressway will soon make ownership of property free-hold , in line with the policy anno...
Piramals 'frontrunners' for HUL Worli property; deal likely to be signed after Rs 400 crore bidPiramal Realty has emerged as the frontrunner over nearest industrialist bidders with their bid of over Rs 400 crore for HUL's Gulita, in W...
- Sajjan Jindal's house in Mumbai sold for staggering Rs300 crore
Sajjan Jindal has sold Morena House, owned by his company Windsor Residency on Carmicheal Road, for about Rs 300 crore.
- Qatar allows residency permits for home buyers
Qatar has implemented a new rule that allows foreigners to own real estate and get residency permits in the country.
- Land deals may be safer soon
States told to keep data on titles to reduce deals involving disputed properties.