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Bengaluru Development Authority is a 'promoter'; RERA provisions apply, Karnataka Tribunal upholds KRERA order

India, March 12 -- The Karnataka Real Estate Appellate Tribunal (KREAT) dismissed an appeal filed by the Bangalore Development Authority (BDA) and upheld an order from the Karnataka Real Estate Regula... Read More


Builder to face criminal charges for cheating OCI couple in flat deal

India, March 12 -- A sessions court in Dindoshi refused to set aside a magistrate's order directing criminal proceedings against two partners of Kabra & Associates for cheating an Overseas Citizen of ... Read More


Land prices in Tier-2, Tier-3 cities may surge 25-100% over the next 2-4 years amid government's infrastructure: Report

India, March 11 -- With Budget 2026 signalling a stronger focus on Tier-2 and Tier-3 cities through a sustained infrastructure push, land prices in these markets could rise by 25% to 100% in select co... Read More


Will land prices in India's Tier-2 and Tier-3 cities soar by up to 100% amid the infrastructure push?

India, March 11 -- With Budget 2026 signalling a stronger focus on Tier-2 and Tier-3 cities through a sustained infrastructure push, land prices in these markets could rise by 25% to 100% in select co... Read More


Selling inherited property? ITAT clarifies LTCG Indexation starts from the original owner's purchase year

India, March 11 -- A recent ruling by the Surat bench of the Income Tax Appellate Tribunal (ITAT) in the case of Adil Noshirvan Shethna vs ITO reaffirmed that when calculating long-term capital gains ... Read More


ITAT Ruling: How Inherited Property Tax Indexation Can Save You Thousands

India, March 11 -- A recent ruling by the Surat bench of the Income Tax Appellate Tribunal (ITAT) in the case of Adil Noshirvan Shethna vs ITO reaffirmed that when calculating long-term capital gains ... Read More


Ayurvedic firm purchases luxury apartment in Mumbai's Worli for Rs.121 crore

India, March 11 -- Ayurvedic medicine company Shree Dhootapapeshwar Limited purchased an apartment worth Rs.121 crore in Raheja's luxury project Artesia in Mumbai's Worli from Ravi C. Raheja, accordin... Read More


Tata Sons leases sea-facing bungalow 'Cabins' in Mumbai's Colaba, where Ratan Tata lived, for Rs.11.07 crore

India, March 11 -- Tata Sons has leased a sea-facing 13,200 sq ft bungalow in Mumbai's Colaba area for a five-year term at a total rent of Rs.11.07 crore, according to property registration documents ... Read More


DDA housing sales jump 340% in 4yrs as revenue surges 152%

India, March 11 -- The Delhi Development Authority (DDA) has recorded a sharp rise in housing sales and revenue over the past four years, driven by increased offtake of residential units and revised s... Read More


Dubai ruler issues new building law to enhance quality and safety; violators may face Dh2 million fines

India, March 11 -- UAE's Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, has issued a new law aimed at strengthening the quality and safety of buildings in the emirate. The l... Read More