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WEALTH BUILDERS
Builder delayed society formation for 9 years, Homebuyers took matters into their own hands; Bombay HC backs residentsThe Bombay High Court has ruled in favor of homebuyers, allowing them to form a single housing society for a multi-tower project. The court...- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
- Meta’s Chris Cox sought Kunal Shah’s WhatsApp advice - then made him leaderMeta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp. C...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may...
- Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...
- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reportsAustralian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes a...
- Ashoka University appoints Professor Rishikesha T. Krishnan as its next vice-chancellorAshoka University has appointed Professor Rishikesha T. Krishnan as its next Vice-Chancellor, effective August 1, 2026. A distinguished sch...
- UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target priceThe P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agen...
- PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns...
- Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
- Property buyers alert: Verify carpet area on UPRERA portal and don’t buy apartment on the basis of super area, advises UPRERA AuthorityUP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only ...
- For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
- Did Berkshire Hathaway crack another long-term wealth-creation formula? NVR stock soared 62,000% since 1996, and its Taylor Morrison bet may signal the next homebuilder winnerNVR stock has surged nearly 62,000% since 1996, crushing the S&P 500’s roughly 1,800% return and redefining what long-term wealth creation ...
- AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA SecuritiesAI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyon...
- Earning Rs 10 lakh a year and skipping Rs 150 gourmet coffee won't make you rich, warns CA and shares what will actually build wealthChartered Accountant Nitin Kaushik argues that focusing on small daily expense cuts distracts from the real wealth-building opportunity: in...
- Builder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possessionHomebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay int...
- In 2018, workers building a major English highway uncovered giant Ice Age bones that revealed Britain sits on an ancient mammoth territoryA Cambridgeshire highway project crew unearthed massive Ice Age mammoth bones, revealing a prehistoric landscape. This significant find, un...
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