Mar 19, 2015 at 13:17 | Source: CNBC-TV18
State Bank of India has mandated Knight Frank to sell property to an industrial house. SBI values the property at about Rs 95 crore. A total of 17 banks have exposure of Rs 7000 crore to KFA. SBI has an exposure of Rs 2000 crore.
Mar 11, 2015 at 15:41 | Source: CNBC-TV18
Prime Property analysed what 'Sab ka Budget 2015' meant for India's property market as there were no details for housing for all and smart cities. Industry disappointed, Finance Minister Arun Jaitley did not hike home loan rebates but real estate investment trust (REIT) listing expected to take off in the fiscal post the tax rationalisation.
Feb 28, 2015 at 12:31 | Source: CNBC-TV18
The IT sector's contribution towards India's GDP and employment generation has been so exponential that it comes as no surprise that finance minister Arun Jaitley took special notice of the sector. The IT and ITeS sector employs almost 10 million Indians.
Feb 13, 2015 at 17:18 | Source: Moneycontrol.com
The government should modify registration act and deny registration of property if TDS Certificate and Completion Certificate are not produced.
Feb 10, 2015 at 21:21 | Source: PTI
DLF is in talks with various financial investors for raising funds in some of its housing projects and also for participation in its REITs platform for commercial properties.
Jan 16, 2015 at 13:33 | Source: Moneycontrol.com
Taking Section 80C benefit for housing loan will lead to a holding period of five years for a property, whereas to claim long term capital gain, you have to hold your property for at least three years.
Jan 01, 2015 at 15:30 | Source: Moneycontrol.com
Ready to occupy residential properties eliminate risks associated with project execution. It brings in benefits such as tax benefits on repayment of loans raised to fund such property, scope for price appreciation as well as some savings in the form of rents earned.
Dec 16, 2014 at 13:37 | Source: CNBC-TV18
Prime Property brings you a shocking story of a former Chief Engineer with the Noida Authority -- the Income Tax department recovered diamonds worth Rs 100 crore, two kilograms of gold and Rs 10 crore in cash from his residence.
Dec 15, 2014 at 13:08 | Source: CNBC-TV18
The SIT team, lead by MB Shah, submitted a report to the apex court stating that of the 628 names, 201 are non residential Indians (NRIs) that are non-traceable leaving 427 to be assessed as actionable cases by the tax regulator.
Dec 10, 2014 at 16:00 | Source: CNBC-TV18
This transfer pricing dispute arose from transactions involving Vodafone in 2007-08. The I-T department had red flagged the sale of call centre business to Hutchison Whampoa Properties India and the assignment of Call Options.