Searched for
PROPERTY REDEVELOPMENT CASE
Builder promised 1,395 sq ft flat, parking, compensation in return for property, then issued notice demanding Rs 30 lakh; landowners win over Rs 1.22 crore reliefWhile the landowners were given physical possession of the flat in May 2018, the developer failed to pay their share of the stamp duty and ...- Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
- Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
- Tenant fails to get protection from eviction as he could not prove property owner's brother signed unregistered rent agreement with him; Madras HC order explainedTenant can't claim protection from eviction without first proving signing of an unregistered rent agreement with the property owner's broth...
- IBC helps 1.4 lakh homebuyers move closer to possession as developers revive stalled projectsIndia's insolvency framework has helped more than 1.4 lakh homebuyers receive homes from stalled projects. Major developers, like Adani Rea...
- Will gives you property rights, but what next? Know these 7 steps to transfer ownership and secure possessionA Will plays a crucial role in outlining how assets will be allocated following an individual's death, which can lead to family disputes if...
- Tenant received Rs 1.38 crore worth of flats for surrendering tenancy rights for society's redevelopment, he received income tax notice; Know how he won the case in ITAT MumbaiTenant receives Rs 1.38 crore permanent alternate accommodation, gets Section 56(2)(x) tax notice; ITAT Mumbai gives relief; know why. This...
- A developer planned a beer garden at a vacant aviation plant; the idea grew into a $25 million, 22-acre marketplace with 140,000 square feet of spaceA developer planned a beer garden at a vacant aviation plant, but the idea changed after the site was discovered. The former Stanley Aviati...
- In 2013, John and Jennifer Church bought a 120-year-old textile mill planning to sell the land; after reconsidering demolition, they turned the 7-acre site into a mixed-use developmentIn 2013, John and Jennifer Church bought a 120-year-old textile mill planning to sell the land, but changed plans after discovering its his...
- A couple bought Marilyn Monroe’s final Los Angeles home and planned to demolish it; the city declared it a historic landmark, triggering a federal battle over property rights and lost valueMarilyn Monroe's former home in Los Angeles has transformed into a controversial site as owners contest the city's decision to designate it...
- Ford Twin Cities Assembly closed in 2011 after building Rangers and Model Ts; demolition crushed 150,000 tons of concrete for backfill and grading on the St. Paul siteThe former Ford manufacturing site in St. Paul has been transformed into a vibrant housing community along with a grocery store. For decade...
- South Bend recovered 15,000 tons of concrete and bricks plus metal and wood from the former Studebaker Plant 8; the materials were reused on site or sold, instead of being buriedThe deconstruction of an aged Studebaker factory in South Bend was performed meticulously to reclaim materials for future use. Through this...
- NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo HotelsThe bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at ₹1,800 crore for two hotel establishmen...
- Buying a house in a big gated society? Check these 4 key things before your dream home turns into a nightmareIndia’s cities cannot accommodate their rapidly growing urban populations without greater density. The trend towards large residential proj...
- Assam CM inaugurates newly constructed Integrated DC Office Building of Kamrup Metropolitan DistrictAssam Chief Minister Himanta Biswa Sarma inaugurated a new Integrated District Commissioner’s Office. This modern facility in Kamrup Metrop...
- Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- In 2011, a California hotel owner refused to sell to a $400 million shopping complex; so the city nearly took his 55-room hotel insteadA Glendale mall owner sought to expand his property in 2011. The adjacent Golden Key Hotel owner refused a substantial offer for his busine...
- Got more carpet area after property redevelopment? No income tax on extra carpet area if it meets a key conditionHomeowners can avoid income tax on additional carpet area received through property redevelopment. This is possible under Section 54 of the...
- Realty queries: Are stamp duty and registration fee applicable on property resale?Anshuman Magazine Chairman, India and South East Asia, answers queries from our readers on real estate.
Load More
