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As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.
- 20th Nov 2024
- 1129 Views
Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.
- 12th Nov 2024
- 1158 Views
MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions
- 26th Oct 2024
- 1175 Views
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
- 1201 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
- 1193 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
- 1188 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
- 1213 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
- 1239 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
- 1224 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
- 1296 Views
Indian real estate transactions are safer, more efficient, and more transparent with Aadhaar. Ghar lists 5 key reasons.
- 26th May 2024
- 1325 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
- 1383 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
- 1322 Views
A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.
- 21st Mar 2024
- 1358 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
- 1292 Views