Centre to find net worth of its property

Centre to find net worth of its property

NEW DELHI: The Modi government has initiated a never-before land census exercise to gauge how much property government of India owns. The all-India stock-taking, initiated after a written directive from Prime Minister’s Office, would help the government understand net worth of property in its name, land under encroachment and any property that could be better […]

Realty Queries answered by Ramesh Nair, JLL India

Realty Queries answered by Ramesh Nair, JLL India

Affordable housing has been given a boost in the budget this year.What does this mean for someone who wants to invest in a budget home now? The budget did not offer any additional income-tax incentives to home buyers. It provided tax relaxation to lowest income earners, and also more clarity on who the beneficiaries under […]

Government warns states: Don’t dilute law on real estate

Government warns states: Don’t dilute law on real estate

NEW DELHI: The Centre has warned states against any dilution of the real estate regulation law as passed by Parliament and has said any such move will have serious implications, including a public outcry. The Centre has also made it clear that all ongoing real estate projects that have not received completion certificate by May […]

Real estate to take a sales hit after cash ban: Kotak Equities

Real estate to take a sales hit after cash ban: Kotak Equities

NEW DELHI: Demonetisation is likely to affect realty space with a 10-30 per cent drop in sales volumes over the next 12 months, even as no major price correction is expected in the metros, says a report. According to Kotak Institutional Equities, trying times are expected to continue. “While in the long run all can […]

बेनामी संपत्ति पर कसेगा शिकंजा, पहचान के लिए सर्वे शुरू

बेनामी संपत्ति पर कसेगा शिकंजा, पहचान के लिए सर्वे शुरू

नई दिल्लीः बेनामी संपत्ति के खिलाफ कार्रवाई की प्रक्रिया शुरू हो गई है। सभी प्रकार की प्रॉपर्टी की जानकारी हासिल करने के लिए प्रॉपर्टी का सर्वे कराया जा रहा है। इनमें वैसी प्रॉपर्टी भी शामिल हैं, जिनकी रजिस्ट्री नहीं हुई है और जिनका लेन-देन पावर ऑफ अटॉर्नी के आधार पर किया गया है। प्रॉपर्टी धारकों […]

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