Services for NRI Ltd

For normal purchases, the Maharashtra government charges a stamp duty of between 5 percent and 7 percent of the total agreement value, depending on the city and the district https://www.moneycontrol.com/news/business/real-estate/maharashtra-slashes-stamp-duty-to-rs-1000-for-allotment-of-apartments-in-self-redevelopment-projects-10965121.html

This is thanks to urban sprawl, saturation levels experienced by existing areas, new Metro connectivity, modern highways, and new real estate players who have come up with innovative offerings in these far-flung locations. https://www.moneycontrol.com/news/business/real-estate/area-watch-once-mumbais-poor-cousins-powai-and-thane-are-now-preferred-locations-10965431.html

While Delhi saw an increase of 5 percent in rentals year on year, Gurugram witnessed a rise of 28 percent, Noida and Mumbai 18 percent and Bengaluru 4 percent, a Savills India report said. https://www.moneycontrol.com/news/business/real-estate/premium-residential-property-values-rise-3-18-on-average-in-top-three-cities-in-h1-2023-savills-india-10960041.html

Income tax methods for real estate investors, such as depreciation deductions and passive income laws, are crucial for maximizing returns and generating income in the sector https://www.livemint.com/money/personal-finance/these-income-tax-saving-strategies-can-save-money-for-real-estate-investors-11689150346375.html

Foreign institutional investors dominated the inflows, primarily targeting core office assets in Mumbai, the NCR, and Hyderabad. Private equity investment in India’s real estate market climbed 85 percent to $1.3 billion https://www.moneycontrol.com/news/business/real-estate/pe-investment-in-real-estate-climbs-to-1-3-billion-in-q2-savills-india-10944811.html

Mumbai and Bengaluru led the half-yearly sales, contributing 21 percent each of the total sales. Pune made substantial strides accounting for 20 percent of sales https://www.moneycontrol.com/news/business/real-estate/around-1-26-lakh-housing-units-sold-in-h1-2023-maximum-sales-recorded-in-luxury-segment-10933191.html

Real estate can turn out to be a fruitful investment https://timesproperty.com/news/post/rising-demand-and-new-launches-fuel-thanes-real-estate-blid4772?offset=1

While presenting the state Budget for FY24, Chief Minister Siddaramaiah said the government is looking at a scientific and rational guidance value system for the Stamps and Registration Department with the use of Geographic Information System (GIS). https://www.moneycontrol.com/news/business/real-estate/karnataka-budget-2023-guidance-value-to-be-revised-announces-major-changes-in-stamps-and-registration-dept-10922211.html

Technology, engineering and manufacturing sectors dominated office leasing activity, contributing 47 percent of the total https://www.moneycontrol.com/news/business/real-estate/gross-absorption-of-office-space-touches-14-6-mn-sq-ft-in-apr-jun-2023-colliers-10909911.html