Central SOEs moving offshore property rights to acquirers

As nation-owned corporations (SOEs) slow down their pace of merger and acquisition (M&A) activities as a part of their “going international” programmes and given the countrywide rules in recent years and other concerns, it is not uncommon that SOEs begin moving their offshore kingdom-owned assets rights. Transfer of offshore kingdom-owned belongings rights through significant SOEs […]

Five.Nine importance earthquake strikes North East: No loss of lifestyles or belongings stated

Itanagar: A quake measuring 5. Nine shook northeastern states in the early hours of Wednesday, the India Meteorological Department (IMD) said. There turned into no record of any lack of life or harm to belongings from anywhere because of the earthquake, the government stated. The epicenter of the quake, which hit the vicinity around 1:45 […]

Prabhas land dispute: Telangana HC says government acted ‘unlawfully’ in seizing assets

The Telangana High Court on Tuesday refused at hand over the guesthouse of popular actor Prabhas back to him, however, supplied him some remedy by means of asking the kingdom authorities to rethink his plea to regularise the kind of 2,000-square backyard land at Raidurgam in Hyderabad. A division bench comprising Justice V Ramasubramanian and […]

How coworking spaces have become a hot assets for office real estate sector

The coworking industry is the speak of the real estate city nowadays. Everyone is wondering whether it’s far here to stay or only a fad. JLL’s Emerging Trends Report suggests that the full amount of area taken up through coworking area providers in seven primary towns has tripled from 1.1 million square toes. To three.Four […]

Indiabulls Real Estate selling London belongings to organization founder Sameer Gehlaut

Indiabulls Real Estate Ltd will sell London assets to the organization’s billionaire founder Sameer Gehlaut because it appears to pare debt. The actual estate arm of Indiabulls Group said in an inventory-exchange submitting it’ll promote Century Ltd, which houses Hanover Square Property in London, for £200 million ($259 million, or Rs 1,809 crore), to its […]

Illegal mining: ED attaches property of company owned through Karunanidhi’s grandson

The Enforcement Directorate has provisionally connected movable and immovable residences worth ₹forty.34 crore in an unlawful mining case regarding Olympus Granites Pvt Ltd in which Alagiri Dhayanidhi, son of MK Alagiri, former DMK strongman and son of party patriarch M Karunanidhi, is a director. According to an ED press release, the employer, its shareholders/promoters/administrators, inclusive […]

Lok Sabha polls 2019: Should you take into account buying property now?

With well-known elections 2019 underway, are homebuyers and personal equity traders looking forward to the very last outcome to make their first circulate? Will belongings prices shoot up suddenly after elections or will they correct similarly? These are a few questions bothering each buyer and traders. One element is apparent though – homebuyers are continuing […]

Bombay high courtroom scraps 3 rules for assessing assets tax

MUMBAI: The Bombay excessive court docket on Wednesday upheld a decade-old law that modified how assets tax in Mumbai is classified, however, struck down 3 rules for assessment of the capital value of lands and buildings. Earlier, assets tax changed into assessed on the idea of the land’s or belongings’ rateable fee; and after 2009, […]