Real estate

Real estate query: Leasehold vs Freehold Property – What’s the difference and which is more beneficial?

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Real estate query: Leasehold vs Freehold Property – What’s the difference and which is more beneficial?

In India, freehold and leasehold properties represent distinct ownership models. Freehold properties grant complete ownership of the land and structures, providing owners with full control and autonomy. On the other hand, leasehold properties involve renting the property for a specific duration, resulting in limited ownership rights and reduced maintenance obligations. A leasehold property is essentially … Read more

88% anticipate high financial uncertainty in next 5 years, including job loss: A-Nishchit Index 2024

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88% anticipate high financial uncertainty in next 5 years, including job loss: A-Nishchit Index 2024

A recent survey has shown that about 88% people in India feel there could be high or very high levels of financial uncertainty over the next five years, mainly due to uneven economic factors, like inflation, jobs and others. The survey, A-Nishchit Index 2024, revealed that about 36% cited economic uncertainty, such as potential job … Read more

Homes that breathe

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Homes that breathe

The rapidly worsening air quality in India has a direct correlation to our housing choices. Increasing urbanisation, industrial proliferation and population growth are prompting homebuyers to prioritise the quality of their living environments. Many suburban areas with lower population density and more green open spaces offer relief from urban pollution. Planned cities such as Chandigarh, … Read more

Will the upswing continue in real estate stocks? Sandip Sabharwal explains

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Will the upswing continue in real estate stocks? Sandip Sabharwal explains

“Non-life insurance space has been growing decently, especially the growth shown by companies like ICICI Lombard, etc, have been quite strong and that is also reflected in the stock price movements. Non-life has been doing better than life. And I think vis-à-vis the two spaces I think that is the better space to be in,” … Read more

A scenic view from home

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A scenic view from home

Landscaping is increasingly becoming a key focus in residential projects in Chennai, with innovative elements such as forests and waterbodies being integrated into the designs. Whether they are mid-range apartments, luxury residences or individual homes, there is a growing emphasis on attractive outdoor areas. Developers in Chennai are engaging top landscape architects to add value … Read more

Capital gains tax changes in real estate: What’s the impact on your taxes after govt’s recent tweak

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Capital gains tax changes in real estate: What’s the impact on your taxes after govt’s recent tweak

Long-term capital gains tax:  The Centre announced on Tuesday a significant decision that offers relief to homeowners regarding Long-Term Capital Gains (LTCG) tax on real estate. Homeowners will now given the option to choose between two tax rates: a 20% rate with the indexation benefit, or a 12.5% rate without indexation. This policy shift follows … Read more

Big relief for home buyers: Centre makes revisions in LTCG indexation on real estate. Details inside

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Big relief for home buyers: Centre makes revisions in LTCG indexation on real estate. Details inside

In a big relief for home buyers, the government has amended the Long-Term Capital Gains (LTCG) regime for real estate, allowing taxpayers to choose between a lower tax rate of 12.5% without indexation or a higher rate of 20% with indexation for properties acquired before July 23, 2024, enabling individuals or Hindu Undivided Families (HuFs) … Read more

Capital Gains Tax: Govt earned around Rs 99,000 cr on listed equities, MoS Finance tells Parliament

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Capital Gains Tax: Govt earned around Rs 99,000 cr on listed equities, MoS Finance tells Parliament

The NDA government has earned Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, which is about 15 per cent growth over the last year, Minister of State for Finance Pankaj Chaudhary told Rajya Sabha on Tuesday.  Chaudhury also shared collections from Long Term Capital Gains (LTCG) tax between fiscal … Read more

Budget 2024: Without indexation, LTCG tax may surge by 290% for post-2010 housing assets, says BankBazaar report

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Budget 2024: Without indexation, LTCG tax may surge by 290% for post-2010 housing assets, says BankBazaar report

Budget impact: In the Union Budget 2024, the Centre has made noteworthy adjustment regarding the treatment of long-term capital gains (LTCG) in property transactions. Specifically, the indexation benefit has been eliminated, resulting in substantial modifications to the LTCG calculation.  Despite this change, it has been affirmed by the government that properties purchased or inherited prior to … Read more

Private equity investment in real estate surges 15% to $3bn in H1 2024: Report

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Private equity investment in real estate surges 15% to bn in H1 2024: Report

Real estate growth: Private equity (PE) investments of $3 billion was recorded in the first half of 2024, which is 15% increase YoY from $2.6 billion in H1 2023. Warehousing sector accounted for largest share of 52% of total PE investments in January – June 2024, followed by residential (29%) and office (20%). The real … Read more