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LANDOWNER SELLS APARTMENTS
Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...- Flat ready but keys not handed over: Karnataka RERA rules landowner are promoters too, orders Rs 6 lakh payout to homebuyers for delayed possessionKarnataka RERA has ruled that landowners are also considered promoters under the RERA Act. This decision came after homebuyers filed a case...
- Homebuyer to get Rs 1.28 crore refund with interest as MahaRERA raps builder for prolonged delay in getting OCA homebuyer will receive a Rs 1.28 crore refund with interest from a builder. MahaRERA ordered the payment after the project failed to get ...
- GST is applicable on joint development of properties in this condition, rules Patna High Court; buyers must check thisThe Patna High Court has ruled that GST is applicable on RCM basis on the transfer of development rights from a landowner to a builder befo...
- Bombay High Court gives GST relief to homeowners: No GST on re-development by homeowners through builder under these termsReal estate: The Bombay High Court has ruled that no GST can be levied in a joint development agreement (JDA) where the landowner/homeowner...
- Godrej properties, Sobha Ltd among top bidders for Greater Noida landGodrej Properties and Sobha have emerged as the highest bidders for three prime land parcels in an auction conducted by the Greater Noida A...
- Land prices surge in urban centres as builders turn to joint developmentReal estate developers in Bengaluru are increasingly using Joint Development Agreements (JDAs) with landowners due to surging land prices. ...
- Mere pendency of civil suits cannot act as a legal bar on registration of real estate projects: Assam Real Estate Appellate TribunalREAT observed this on Monday while dismissing an appeal filed by a builder against a judgement, delivered by the Real Estate Regulatory Aut...
- Homebuyers in 25 stalled projects move MahaRERA“The move will benefit stressed project where the developer had not been able to complete the project due to paucity of funds or any other ...
- India's rich farmers may be holding more cash than the black money Mr Modi is hunting abroadTaxing rich farmers is politically dangerous. Many political leaders come from a farming background and have considerable land holdings.
- Transit-oriented realty gets the nod from DDALakhs of Delhi's residents are expected to benefit and property rates along the Metro, already going at a premium, are expected to shoot.
- Chandrababu Naidu's capital woes: Vijayawada beats Hyderabad in realty pricesSkyrocketing real estate prices could scupper Andhra Pradesh chief minister N Chandrababu Naidu's plan of having a sprawling state capital ...
- Bangalore's high-net-worth individuals may take builder to court for delayThe apartments were to be delivered by the end of this year, but the upscale CityView project has been stalled since February.
- Jharkhand recommends CBI probe into Deoghar Land ScamLet alone tribal land, the mafia also sold government land meant for grazing of cattle, the preliminary inquiry revealed.
- Builders call land acquisition bill anti-developmentIf the bill is passed and implemented, there cannot be any planned development of townships in the country, said Amrapali Group CMD.
- Silver lining on Noida Extension as Allahabad HC directs GNIDA and farmers for out of court settlementGNIDA and farmers have been directed to reach an out of court settlement by August 12, 2011. ET Realty gives you the details of what they h...
- Allahabad high court directs GNIDA and farmers of Noida Extension to reach an out of court settlement by August 12Homebuyers can take heart as the Allahabad high court has directed the GNIDA and the farmers of Noida Extension to reach an out of court se...
- Onus on the stateIn upholding the Allahabad HC order quashing the Uttar Pradesh government's acquiring of land in Greater Noida, the SC has changed the scen...
- Ashok Piramal Group company Peninsula to develop 300-acre plot in MumbaiPeninsula Land, an Ashok Piramal Group company, will jointly develop a 300-acre plot in Thane with an unknown land aggregation firm.
- Real estate companies to do brisk business in long run: Pranay Vakil & Niranjan HiranandaniPranay Vakil, Chairman, Knight Frank & Niranjan Hiranandani, MD, Hiranandani Group, speak on the realty sector and its future in India.
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