Uday Kotak buys 12 flats in Mumbai’s Worli Sea Face building for over Rs 200 crore: Report

Uday Kotak buys 12 flats in Mumbai’s Worli Sea Face building for over Rs 200 crore: Report

Uday Kotak, the former managing director and CEO of Kotak Mahindra Bank, along with his family, recently acquired residential property valued at Rs 202 crore in the prestigious Worli Sea Face area of Mumbai.  The purchase includes 12 properties within a three-floor development known as Shiv Sagar. According to multiple news reports, the total area … Read more

Real estate: UP government issues new norms for registration of houses; experts

Real estate: UP government issues new norms for registration of houses; experts

Real estate: The Uttar Pradesh Government has introduced new regulations that mandate the registration of builder-buyer agreements upon payment of 10% of the flat’s price. This development has led to concerns among both buyers and developers. Homebuyers are required to pay a percentage of the property’s value as stamp duty to facilitate its registration in government … Read more

Investment proof submission: Section 80C and other sections that can fetch you exemption under Old Tax Regime

Investment proof submission: Section 80C and other sections that can fetch you exemption under Old Tax Regime

It is that time of the year when you will be asked to submit investment proof so that your workplace can deduct tax before the end of the fiscal on March 31, 2024. On one hand, the Income Tax department deducts tax, but at the same time, it promotes savings and investments among taxpayers. It … Read more

Why a Will should be the first step in your wealth planning

Why a Will should be the first step in your wealth planning

By Amit Patni Life is dotted with many uncertainties. As human beings, we crave for safety and security. However, with the outbreak of the pandemic, which is threatening to take heavy toll on human life, these uncertainties have become more pronounced and complex. The current set of events has highlighted the importance of having a … Read more