Real estate investment trusts may get taxation relief

AUTHOR – JAYSHREE P UPADHYAY  >> Real estate investment trusts (Reits), notified last year, have so far found few takers due to taxation-related issues. To address this, the Central Board of Direct Taxes (CBDT) wants this market instrument to be made exempt from Minimum Alternate Tax (MAT). “The idea behind granting a ‘pass-through’ status to […]


Ahmedabad metro to push city’s real estate market

Apart from a suitable budget and a strategic location, physical infrastructure also plays an important roll in the decision of buying a property. The approval for the Ahmedabad Metro Rail Project Phase-1 is expected to lift the real estate market of the city. The metro phase 1 stretch covers two corridors – the North-South corridor […]

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Increased supply of luxury homes in Ahmedabad

If you are searching for a luxury home in Ahmedabad, the city has a new stock of high-end properties to offer. While the city witnessed demand for luxury properties rendering high-end amenities, developers of the city responded to this demand by increasing the supply. Areas such as Prahlad Nagar, Bopal and Satellite recorded high supply […]

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