Income Tax Raids Target Lucknow Real Estate Developer
The Income Tax Department has launched a major crackdown on a prominent real estate developer based in Lucknow, Uttar Pradesh. Over 25 teams of tax officials are conducting simultaneous raids at 18 locations linked to the developer, probing alleged irregularities in income tax returns and financial transactions. The raids, which
Shaila Merchant Acquires Luxurious South Mumbai Apartment for ₹20 Crore
Shaila Merchant, the mother of Radhika Merchant, the fiancée of industrialist Anil Ambani’s son Anmol Ambani, has made a significant investment in Mumbai’s luxury real estate market. She has purchased a luxurious apartment in South Mumbai for a staggering ₹20 crore. The apartment, located in the prestigious Antilla building, is
ED Strikes Again: ₹335 Crore Worth of Assets Seized in Unitech Group Money Laundering Case.
In a major crackdown on financial irregularities, the Enforcement Directorate (ED) has attached assets worth a staggering ₹335 crore belonging to the Unitech Group. This action is a direct result of ongoing investigations into a money laundering case involving the real estate conglomerate. The ED’s probe into the Unitech Group
Elan Group Secures Major Funding for Expansion Plans
Elan Group, a prominent real estate developer, has received a significant boost to its growth plans with a strategic investment of ₹1,200 crore from Kotak Real Estate Fund. This infusion of capital will fuel the expansion of Elan’s ongoing and upcoming projects, allowing the company to accelerate its development initiatives.
Luxurious Living: Delhi’s Sunder Nagar Bungalow Fetches ₹100 Crore
Delhi’s high-end real estate market continues to defy gravity, with a 900-square yard bungalow in the exclusive Sunder Nagar area recently fetching a staggering ₹100 crore. This sale underscores the insatiable demand for prime residential properties in the nation’s capital. Sunder Nagar, renowned for its upscale ambiance, proximity to government
Nikhil Kamath Breaks the Rent-or-Buy Debate with Apartment Purchase
Nikhil Kamath, co-founder of Zerodha, India’s largest discount brokerage firm, has finally taken the plunge into the real estate market. After years of renting, Kamath has recently purchased an apartment in Bengaluru. This decision has reignited the age-old debate about whether it’s more financially prudent to rent or buy a
Bollywood Stars Embark on Land Investment Spree
Bollywood celebrities have long been known for their lavish lifestyles and penchant for luxurious properties. However, this year has seen a notable trend emerging: a growing number of stars are investing in land parcels, diversifying their real estate portfolios and potentially reaping significant returns in the future. Leading the pack
Faridabad’s Biggest Festive Event is Here: Join the Diwali Carnival at World Street by Omaxe
World Street by Omaxe is set to host an exciting Diwali Carnival from October 19 to 27, promising grand celebrations for all. The highlight of the event will be a spectacular musical concert on October 25, featuring Parmish Verma and Sunanda Sharma, two of the most popular Punjabi music icons.
Maharashtra RERA’s Conciliation Forums Resolve Over 1,700 Disputes
Mumbai, October 22, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has achieved a significant milestone in resolving disputes between homebuyers and real estate developers. The authority’s conciliation forums have successfully settled 1,749 cases, providing relief to numerous aggrieved homebuyers. The conciliation forums, established under the Real Estate Regulatory Authority
A Symphony of Luxury and Art: Inside Sanjay and Shalini Passi’s Delhi Mansion
Step into the opulent world of Sanjay and Shalini Passi, a prominent Delhi couple whose 20,000 square foot residence is a testament to refined taste and artistic flair. Located in the heart of Delhi, this architectural masterpiece is a haven of tranquility and sophistication. The Passi residence is a visual
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