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Mumbai: Nexus Select Mall Management, the manager to listed Real Estate Investment Trust (REIT) Nexus Select Trust, has approved the acquisition of a retail asset in Kolkata for an enterprise value of Rs 347.5 crore, as part of its ongoing portfolio expansion strategy. The company's board on Tuesday evening cleared the execution of definitive agreements for acquiring Diamond Plaza, a shopping mall with an estimated gross leasable area of around 244,000 sq ft. Also Read: Nexus Select Trust to p ...Read More >
Mumbai: Even as the real estate sector is likely to be impacted by the war in west Asia, the state government has decided to increase ready reckoner (RR) rates by 4-5% on average for the 2026-27 financial year, officials aware of the matter told Hindustan Times. "The office of the Inspector General of Stamp and Registration is finalising the proposal and it is expected to be announced on March 31," a senior revenue department official said, requesting anonymity. The hike, effective April 1, is ...Read More >
Noida: Stamp and registration department has collected Rs 4,498.7 crore in revenue in the 2025-26 financial year, its highest in a decade. The district clocked 87% of its Rs 5,180-crore target, even as property registrations dipped, officials said.A total of 1.6 lakh properties were registered in the 2025-26 fiscal year (FY), down from 1.7 lakh in the previous fiscal. Of these, several registrations were recorded under concessional categories, with the number of transactions availing rebates up ...Read More >
Mumbai, April 1 (SocialNews.XYZ) Maharashtra Revenue Minister Chandrashekhar Bawankule said on Wednesday that the state government avoided a proposed 12 to 14 per cent increase in ready reckoner (RR) rates, citing prevailing global and war conditions. "The state government rejected the proposed increase in property rates to protect public interest," he added. He said micro-zoning would be implemented in metropolitan cities such as Mumbai, Pune, Thane, Nagpur and Chhatrapati Sambhajinagar, unde ...Read More >
Mumbai, March 31: In a significant relief to homebuyers and developers, the Maharashtra government has decided to keep Ready Reckoner (RR) rates unchanged for the financial year 2026-27, maintaining status quo across the state amid global uncertainties and rising construction costs. Consultations and industry feedback Officials said the annual rate-setting process involved consultations with construction professionals, document writers, and public representatives at the district level to ensur ...Read More >
Bengaluru: The state govt has decided to levy a betterment tax and 1% stamp duty cess on properties close to the impact zone of the 117km-long tolled road of Bengaluru Business Corridor (BBC), to recover the project costs.To be completely constructed by Bangalore Development Authority (BDA), the amount collected will be remitted to the authority to pay off the Rs 27,000-crore loan obtained from HUDCO. Documents accessed by TOI reveal the govt is banking on BBC to lead to an "increase in land val ...Read More >
BENGALURU, Sept 10 (Reuters) - Australia's home prices will rise around 5-6% over the next two years as lower borrowing costs provide a fillip to home sales, although affordability pressures may cap gains, according to a Reuters poll of property analysts. While a 5% rise pales in comparison with past booms, any sustained growth in house prices will make it harder for first-time buyers to get a foothold in Australia's already expensive housing market - the median home price is nearly eight times ...Read More >
VMPL New Delhi [India], July 11: Owning a home is a dream for many families, as it represents security and long-term stability. A home loan often helps to fulfil this dream by providing financial support to purchase property. A home loan is a financial product that helps an individual to purchase residential property by borrowing funds from a lender. Understanding the potential benefits of a home loan may allow an individual to make better decisions. This article details out some key benefits o ...Read More >
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registra ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Singl ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on st ...Read More >
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