Properties of Emaar, MGF worth ₹834 crore attached by ED
While Emaar India’s attached properties are valued at ₹501.13 crore, MGF Developments’ properties are valued at ₹332.69 crore.
While Emaar India’s attached properties are valued at ₹501.13 crore, MGF Developments’ properties are valued at ₹332.69 crore.
With the changes announced in the budget 2024-25, long term capital gains tax of 12.5% will be applicable on gains arising out of property sales without the indexation benefits.
Mumbai Metropolitan Region and Delhi-NCR have led luxury homes sales with H1 2022.
While all this can mean good return on investment (ROI), it is a high-risk strategy and hence capital allocation should be lower, says Kamath.
The property market is back on the radar as homebuyers are on a shopping spree thanks to limited supply, ample liquidity and rock bottom interest rates.
Only one in six families is likely to spend on a four-wheeler and one in seven families is likely to buy jewellery, shows a survey by LocalCircles
The pandemic has radically altered homebuyer preferences, as even budget housing is now low priority.
With RERA, GST and demonetization leading to increasing transparency, capital inflow into Indian real estate is likely to witness growth, says the world’s largest commercial real estate manager.