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REAL ESTATE TAX IMPLICATIONS
In 1997, Paul Allen bought land in LA for $20 million; after listing for $150 million post-death, it eventually sold for $65 millionPaul Allen's 120-acre Beverly Crest property, once listed for $150 million, sold for $65 million. After Allen's death in 2018, the property...- Bengal FM pushes to scrap 1976 Urban Land ActWest Bengal's finance minister Swapan Dasgupta emphasized the need to repeal the Urban Land (Ceiling and Regulation) Act from 1976. He note...
- Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: AnarockHousing prices in the Delhi-NCR region experienced an annual increase of 12 percent during the July-September quarter. This rise is attribu...
- In 2013, Bob Hope's estate listed his UFO-style home for $50 million; after zero buyers, it eventually sold for $13 millionBob Hope’s distinctive Palm Springs residence, popularly called as his “UFO house,” eventually found a new owner after years on the market....
- India's housing construction pipeline nearly doubles to $430 billion in 2025: ReportIndia’s housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic dem...
- Rick Ross’ luxury lifestyle: $35 million star island mansion, $5.8 million Promise Land. Rapper rides Maybach 57S, Rolls-Royce and moreRick Ross has proven to be a savvy real estate investor, amassing an impressive portfolio of high-end properties. Among his most extravagan...
- West Bengal finance minister says Urban Land Act has to goSwapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges i...
- CREDAI says unable to build affordable homes due to high input cost, taxes; seeks govt sopsCREDAI has raised concerns about the lack of affordable housing being built because of rising costs. The organization's President, Shekhar ...
- Keventer, Saroj Poddar groups launch Rs 400-cr real estate debt fundKeventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements...
- Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
- Poddar Keventer Capital Advisors to raise up to Rs 400 crore for maiden real estate AIFPoddar Keventer Capital Advisors Private Limited plans to raise up to Rs 400 crore for its Category II AIF. The fund will focus on real est...
- Property bought for ₹1.23 crore, its market value rose to ₹1.46 crore: Why ITAT Kolkata gave homebuyer ₹11.35 lakh tax reliefA recent ITAT ruling highlights a crucial tax issue for property buyers: an increase in stamp duty value between the agreement and registra...
- CPP Investments makes India hospitality debut with Rs 3,000-cr Prestige dealThrough the investment, CPP Investments will acquire around 27% stake in PHVL, with the majority of the capital supporting the platform's c...
- 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 ...
- Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBREDuring the third quarter of 2026, India's real estate, data centre, and hospitality sectors attracted a record USD 9.5 billion, marking a n...
- HDFC Mutual Fund announces reopening of HDFC BSE REITS and Commercial Real Estate Index Fund for ongoing subscriptionHDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 15–17 NFO period. The passive fu...
- 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...
- ET EXPLAINER: How RBI’s new valuation rules change the way banks view REITs, InvITsThe Reserve Bank of India has amended the valuation framework for Real Estate Investment Trusts and Infrastructure Investment Trusts. These...
- After home run, South and West developers tap NCR to drive growthThe NCR region is rapidly becoming a strategic playground for real estate developers hailing from South and West India, spurring significan...
- UP RERA approves 12 realty projects worth Rs 1,664 cr across six districtsThe Uttar Pradesh Real Estate Regulatory Authority has greenlit 12 new projects across six districts, promising an investment of Rs 1,663.8...
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