Besides stepping forward to set up COVID war rooms and helping out with augmenting medical infrastructure to cope with the second wave, real estate developers are also granting their employees time to beat the pandemic blues. Mumbai-based K Raheja Corp has set up a centralised 24×7 Covid War Room backed […]
Have A Look At 5 Cash Transactions That Can Get You Income Tax Notice
The Income Tax Department and various investment platforms like bank, mutual fund houses, broker platforms, etc. have been discouraging cash transaction by tightening their rules for public in general in last few years. The Income Tax Department may send notice to the violator now as days in case of slight violation as these […]
Rising Affordability Makes It The Best Time To Invest In Residential Real Estate
Residential real estate is indeed the most affordable in today’s times. The phenomenon can be understood by simple comparison. IN FY2000 property prices on average were 5.9 times the annual income of a buyer. However, in FY2020 the property price was on average 3.3 times the annual income of the […]
Commercial Real Estate Occupiers Put Their Leasing Plans On Back Burner In Wake Of The Second Wave Of COVID-19 Pandemic
Ever since the first wave of COVID-19 struck last year compelling corporates to put their employees in work-from- home mode, several corporates across the country have renegotiated rentals with their landlords. As companies reel under the second wave of the pandemic, they continue with reduced rentals carried forward from the […]
RERA Registered Around 63583 Real Estate Projects & Disposed Of 65,539 Complaints In The Last 4 Years
Four years after its implementation, as many as 63,583 real estate projects have been registered and 65,539 cases have been disposed of by the respective state RERA authorities, according to data released by the Ministry of Housing and Urban Affairs. Out of this, nearly 40 percent cases (approximately 26,510 complaints) […]