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Income From Joint Property Is Determined By Way Of Beneficial Ownership Of Property

Income From Joint Property Is Determined By Way Of Beneficial Ownership Of Property

Beneficial ownership, as determined by the proportion in which the joint owners pay towards the purchase of the property, determines the ratio in which the income from the said property can be apportioned. Exemption of house rent allowance is only allowed to...

20 August 2022
Current and Future Sentiment In Residential Real Estate Remain Optimistic: Report

Current and Future Sentiment In Residential Real Estate Remain Optimistic: Report

The Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022 (April - June 2022) report has cited that the current sentiment score has moderated to 62 from the...

21 July 2022

80,000-Plus New Residential Units Launched Across Top-Six Cities in Q1 2022: Report

Budget and mid-segment properties dominate online searches in Mumbai, Hyderabad. Bengaluru and Gurugram show rising demand for luxury and ultra-luxury...

Sales Of Luxury Residential Properties In Mumbai More Than Double In 2021: Report

Sales Of Luxury Residential Properties In Mumbai More Than Double In 2021: Report

In terms of volume, 1,214 units of luxury housing properties were sold in the city during 2021 as compared to 548 units in 2020, according to India Sotheby’s...

29 April 2022

Six Smart Real Estate Investing Tips For Millennials

Owning a property is a dream for many people in India as it is considered the safest investment that offers huge long-term returns. Millennials have the added...

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04 April 2022
Residential Realty Market Sales Up 9% Annually At  78,627 Units In Q1 2022:  Report

Residential Realty Market Sales Up 9% Annually At 78,627 Units In Q1 2022: Report

A record four-year high of 78,627 residential real estate units were sold in the January-March 2022 quarter despite a third wave; units priced above Rs 1 crore...


02 April 2022
Sector Names Like Alpha, Beta, Gamma in Greater Noida Likely To Get Replaced By 1, 2, 3

Sector Names Like Alpha, Beta, Gamma in Greater Noida Likely To Get Replaced By 1, 2, 3

There has been a demand from a section of residents for renaming the sectors and the local Greater Noida Industrial Development Authority (GNIDA) has formed a...


30 March 2022
Tamil Nadu's First Integrated Smart City Project Launched

Tamil Nadu's First Integrated Smart City Project Launched

The first of its kind in the country with 150-plus world-class amenities, including a helipad, the Smart City would help the company promote projects on plots...


01 March 2022
NDMC Extends Last Date For Payment Of Property Tax With Amnesty Scheme

NDMC Extends Last Date For Payment Of Property Tax With Amnesty Scheme

Under this scheme, in the first stage, a 100 per cent rebate on interest and penalty will be given on deposit of outstanding property tax.


01 March 2022
Indian Ultra High Networth Individuals Invested 29% Wealth In Residential Property In 2021: Report

Indian Ultra High Networth Individuals Invested 29% Wealth In Residential Property In 2021: Report

Knight Frank’s Wealth Report 2022 reveals 10 per cent of Indian Ultra High Networth Individuals (UHNWIs) plan to buy a new house in 2022.


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23 February 2022
Tata Housing To Invest $36 Mn To Develop Residential Projects In Maldives

Tata Housing To Invest $36 Mn To Develop Residential Projects In Maldives

Tata Housing, which entered the Maldives market around a decade ago, has already completed a social housing project in the island country in partnership with...


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