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ED attaches Rs 634-crore assets in money laundering case against Unitech realty projectA provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach properties connected with the Unitech Gol...- Delhi Gymkhana Club vs Centre: The legal fight over one of India’s most elite social addressesThe Centre has ordered the Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence in...
- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- Don’t let property turn into a legal battle: Essential steps heirs should take after owner’s deathManaging property after an owner's death requires a structured approach, starting with checking for a Will or identifying legal heirs. Upda...
- 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...
- 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...
- GST exemption on leasehold rights to help boost industrial realty leasing growthA Gujarat High Court ruling exempts goods and services tax on assignment of leasehold rights for industrial plots developed by GIDC, reduci...
- Birla Estates acquires 70.92-acre land parcel in Boisar for Rs 104.3 croreBirla Estates continues its land acquisition spree. The company recently purchased a 70.92-acre plot in Boisar. This follows a 24.5-acre ac...
- Birla Estates concludes deal to acquire 24.5 acre land in Kalwa from Hindalco for over ₹537 crBirla Estates, part of the Aditya Birla Group, has acquired a 24.5-acre land parcel in Thane's Kalwa locality from Hindalco Industries for ...
- Century Textiles buys Nusli Wadia’s 10-acre land parcel in Mumbai’s Worli for Rs 1,100 crThe long-standing legal dispute between Wadia Group Chairman Nusli Wadia and Aditya Birla Group has concluded. Century Textiles and Industr...
- New notices for GST on transfer of leasehold land stir real estate concernsThe Goods & Services Tax (GST) authorities have recently issued these notices concerning the transfer of leasehold land. The crux of the is...
- Bombay High Court allows state to share in its leaseholders' profitThe HC said harmoniously to hold that lessees of public land cannot be allowed to exploit the full potential of the land with no benefit to...
- K Raheja Corp-GIC buys 3-acre land parcel in Worli for Rs 610 croreSiemens on Monday transferred and assigned its leasehold interest in this property to Whispering Heights Real Estate, a joint venture entit...
- Siemens sells Worli office property for Rs 610 croreLast December Siemens had entered into a pact with Whispering Heights to sell the Mumbai property.
- Public authority cannot act arbitrarily: Supreme CourtIn the order, pronounced on August 24 but uploaded recently, the bench said no court could be a "hapless spectator" when a public authority...
- K Raheja Corp to buy Standard Industries’ 62.2 acre Navi Mumbai plot for Rs 355 croreThe transfer, assignment and consideration is subject to various conditions precedent including approval from MIDC getting satisfied, the n...
- Coal India to give up three-fourths of Mozambique mineCoal India, the world's biggest coal miner, today said it has decided to relinquish about three-fourths of a coal mine it was allotted in M...
- 2G scam: Auction not the only way, says government to defend coal allocationsThe AG claimed that all the blocks allocated were greenfield blocks that were distant from any infrastructure and no investments had been m...
- BP to buy 25 pct stake in Chesapeake shale assetsU.S. natural gas producer Chesapeake Energy Corp said on Tuesday it agreed to sell a 25 percent interest in its Fayetteville Shale assets i...
- Wyeth sells Forhans brand to John Oak RemediesWyeth Ltd on Wednesday said it has sold the Forhans brand of toothpaste and toothpowder to John Oak Remedies Private Ltd for Rs 2.25 crore.
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