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PROPERTY INVESTMENT
Vera Vita Living to invest Rs 250 cr to build homes for elderly in HyderabadVera Vita Living LLP is set to invest Rs 250 crore in a groundbreaking housing initiative dedicated to senior citizens. The project, which ...- Global Market: Chinese stocks struggle near one-year lows as policy support disappointsChinese blue-chip stocks stayed near one-year lows despite Beijing’s latest credit, mortgage and investment support measures. The CSI 300 w...
- A 292-room Hilton in Houston shut its doors after years as a hotel; developer Bryan Kang then planned a $40 million conversion of its 200,000 sq ft into housingA former 292-room Hilton Houston Galleria at 6780 Southwest Freeway could obtain a fresh purpose via a planned $40 million residential chan...
- A $375 million ground lease transformed Washington's Old Post Office into a Waldorf Astoria; 2 years after acquisition, foreclosure ended the investor's control of the propertyA $375 million transaction changed the identity of Washington, D.C.’s Old Post Office building, moving the property from the Trump Internat...
- Washington State Investment Board backed fund exits Rs 550 crore investment in Noida’s Dasnac groupKautilya Finance has successfully exited its investment in New Delhi-based Dasnac, realizing cash proceeds of Rs 550 crore. The investment ...
- An iconic Art Deco Coca-Cola bottling factory stood unused; developers turned its 12-acre site into a mixed-use destination featuring a food hall and hotelArchitects and developers are transforming abandoned factories into functional spaces such as hotels and art galleries. Many of these proje...
- Godrej Properties inks JV to build Rs 6,000 cr luxury housing project at Marine Lines, MumbaiGodrej Properties Ltd has entered into a partnership to develop a luxury housing project in Mumbai. The development agreement covers a prim...
- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
- Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
- Godrej Properties makes ₹6,000 crore luxury bet on South Mumbai with Marine Lines projectGodrej Properties has launched a luxury residential project in Marine Lines, Mumbai, targeting a revenue of ₹6,000 crore. This venture seek...
- Adani group entities swap 86 lakh shares of Adani Enterprises in Rs 2,498 cr block dealRecently, the Adani Group's promoter entities completed a significant exchange of 86 lakh shares of Adani Enterprises, worth Rs 2,498 crore...
- Mumbai ranks 8th globally in price appreciation of prime housing properties: Knight FrankMumbai ranks eighth globally in price rise for prime residential properties. The city's annual appreciation of 6.2 per cent during the June...
- Gulf hotel expansion hits a pause, but investors stay interestedHotel operators are adjusting their Gulf expansion strategies in response to regional conflicts and disruptions. Indian Hotels Company is d...
- Leonard Ross bought the Beverly Hills Hearst Estate for $473,000 in 1976; 40 years later, he listed it for $195 million, but 5 years after that, the mansion headed to auctionLeonard Ross's Beverly Hills mansion was placed for auction due to accumulated debts exceeding $50 million. Initially listed for $195 milli...
- Warren Buffett on the difference between investing in real estate and the stock marketBoth purchases were small, and he says so himself. He tells the stories anyway, because between them they contain everything he knows about...
- Johnny Depp's unusual love story with a 41-acre Kentucky estate: Sold for $1 million, bought back for $2 million and again sold for $1.36 millionJohnny Depp’s 41-acre Kentucky horse farm had an unusual journey through the actor’s real estate portfolio. He first bought the property in...
- In 2012, Bank of America acquired a 20,900-square-foot Houston mansion through foreclosure for $2.12 million; 13 years later, after $14 million in renovations, it sold for up to $9 millionIn 2012, Bank of America picked up a 20,900-square-foot Houston mansion through foreclosure. The price was $2.12 million. That works out to...
- Resort-led real estate gains traction as buyers seek lifestyle beyond second homesHospitality-led real estate developments are becoming popular as buyers seek resort-like lifestyles near metro cities. Developers are offer...
- Brookfield India REIT buys Powai office units for Rs 75.2 croreBrookfield India REIT’s arm Kairos Properties has agreed to acquire office units across two floors of Delphi building in Mumbai’s Powai for...
- Bengaluru entrepreneur shares 5 things to check before buying your first property. ‘These can be dealbreakers if missed’Navigating first-time property acquisition demands rigorous due diligence to mitigate high-stakes real estate risks. Before finalizing a la...
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