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Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.
- 11th Sep 2024
- 1142 Views
In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.
- 9th Sep 2024
- 1139 Views
Real estate professionals are concerned about GST on leasehold land transactions. As authorities send GST notifications on stamp duty-exempt transactions, are these transfers sales or services? This may hurt developers, companies, and homebuyers financially.
- 6th Sep 2024
- 1141 Views
Blockchain technology is transforming sectors, including real estate. Blockchain, however new in India, will improve property transactions' transparency, security, and efficiency. This Ghar guide examines how blockchain is changing the Indian real estate business.
- 21st Aug 2024
- 1150 Views
Aryan Khan, son of Shahrukh Khan, bought two floors in Panchsheel Park, South Delhi, for ₹37 crore, expanding the family's property holdings. Professionals say the Khan family owns the basement and ground floor, which is significant as it was the couple's first home.
- 2nd Aug 2024
- 1177 Views
Mumbai: Starting October 1, 2024, a 1% TDS will be applied on the purchase price or stamp duty value (whichever is higher) of immovable property worth over INR 50 lakhs, even with multiple purchasers or sellers, per Budget 2024.
- 26th Jul 2024
- 1185 Views
Shahid Kapoor and Mira Kapoor bought a luxurious sea-view flat in Oberoi 360 West in Mumbai's posh Worli neighbourhood. The luxury house cost over ₹60.41 crore, including stamp duty incurred.
- 29th May 2024
- 1267 Views
Indian real estate transactions are safer, more efficient, and more transparent with Aadhaar. Ghar lists 5 key reasons.
- 26th May 2024
- 1283 Views
An integrated Aadhaar eSignature is improving property transactions in India by increasing efficiency, security, and compliance. This Aadhaar eSignature Guide on Ghar discusses real estate eSignature advantages and implementation methodologies.
- 26th May 2024
- 1330 Views
Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.
- 21st Apr 2024
- 1291 Views
The Indian real estate industry had a great 2023! Indian property markets saw some of the largest transactions ever. Lots of action—acquisitions, IPOs, new project launches. 2023 has set up the Indian real estate sector for future growth.
- 26th Dec 2023
- 1261 Views
A Hyderabad luxury residence bought by Metamor Software Solutions directors Meghna Dilip Bhanushali and Tummala Vipul Reddy for INR 48 crore is one of the city's most costly residential transactions in recent years.
- 29th Aug 2023
- 1327 Views
Uttarakhand has digitised its land records by launching an online State Bhulekh portal for real estate transactions to ensure transparency.
- 27th Mar 2023
- 1526 Views
Despite a rise in interest rates and property prices, stamp duty collection in February for the country's biggest and most costly real estate market, Mumbai, reached a record high. The record collection was driven by premium and middle-income housing categories.
- 7th Mar 2023
- 1391 Views
India's luxury real estate sector had a surge of high-priced transactions in 2022. Many of these luxury real estate transactions included the reinvestment of capital gains in order to avoid paying the Capital Gains Tax.
- 4th Feb 2023
- 1482 Views