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Section 54 tax exemption: Can seven adjoining flats merged as a single housing unit qualify for relief?

India, March 21 -- A taxpayer who sold a residential property for around Rs.2.7 crore and reinvested the capital gains into seven adjacent flats on the same floor was initially denied exemption under ... Read More


High rents, rain-triggered outages: Are power-backup gated communities the answer for Bengaluru tenants?

India, March 21 -- Tenants in Bengaluru say frequent power outages during rains continue to disrupt daily life, even in premium areas like HSR Layout and JP Nagar, raising concerns over infrastructure... Read More


Rain-triggered outages push Bengaluru tenants toward 24x7 power-backup gated communities

India, March 21 -- Tenants in Bengaluru say frequent power outages during rains continue to disrupt daily life, even in premium areas like HSR Layout and JP Nagar, raising concerns over infrastructure... Read More


State BJP office allotted extra 15,000sq ft at Nariman Point

India, March 21 -- The state government has allotted the additional 15,000sq ft sought by the ruling Bharatiya Janata Party (BJP) for its state headquarters at Nariman Point. This is in addition to th... Read More


VVCMC doubles water tax, increases property tax by 15%

India, March 21 -- The Vasai-Virar City Municipal Corporation (VVMC) has raised property tax by 15% and doubled water tax in its Rs.4,208 crore budget for 2026-27, citing a revenue shortfall. Municip... Read More


Yeida nod for Rs.11K-cr budget in board meet

India, March 21 -- The Yamuna Expressway Industrial Development Authority (Yeida) in its 89th board meeting on Friday approved Rs.11,809.08 crore annual budget for the financial year 2026-27 for devel... Read More


800 high-rise buildings in Gurugram lack fire safety clearance

India, March 21 -- GurugramAs many as 808 high-rise buildings -- out of the total 2,005 -- in the city are operating without the mandatory fire no objection certificate (NOC), as per data from the fir... Read More


Industrial and warehousing stock across eight real estate markets hits 549 mn sq ft in 2025, led by Mumbai and NCR

India, March 21 -- The industrial and warehousing sector across eight real estate markets in India surpassed 549 million sq ft in 2025, up 13% from 486 million sq ft in 2024, according to Knight Frank... Read More


E-Khata delayed? Bengaluru municipal body promises auto-approval if process exceeds 5 days

India, March 21 -- Bengaluru's e-Khata system is moving towards time-bound approvals, with the city's municipal body stating that about 99% of applications are now processed within four to five days. ... Read More


Homeland Group acquires Mohali land parcels for Rs.1,000 crore, to develop projects with VRC

India, March 20 -- Homeland Group has acquired two mixed-use land parcels in Mohali, Punjab, for around Rs.1,000 crore through an e-auction conducted by the Greater Mohali Area Development Authority, ... Read More