The Union Budget 2025 has introduced stricter tax rules for Non-Resident Indians (NRIs), making financial compliance more challenging. These new regulations particularly impact Indian students and young professionals abroad, increasing their reporting responsibilities and tax liabilities. The government aims to align with global tax norms, but this move adds financial complexities for NRIs managing...
2025
Bengaluru, January 23, 2025 – Mahindra Lifespace Developers Ltd. (MLDL), through its subsidiary Anthurium Developers Ltd. (ADL), has acquired 8.2 acres in North Bengaluru, further strengthening its presence in the city’s booming real estate market. The project, set to offer mid-premium residential apartments, has a developable potential of 0.9 million sq. ft. and an estimated Gross Development Value...
📢 Hyderabad Metro Expansion Alert! 🚇 🔹 Key Highlights of Phase 2: ✅ Miyapur to Patancheru – A 13.4 km stretch with 10 stations 📍 ✅ Better Connectivity – Extends from Patancheru to Hayathnagar (50 km) 🏙️ ✅ Ease Traffic Congestion – Faster & smoother city travel 🚦 🛤️ Metro Expansion Routes: 📍 LB Nagar – Hayathnagar (7.1 km, 6 stations) 📍...
Hyderabad’s real estate sector experienced significant activity in 2024, with four major land transactions recorded. Despite a nationwide surge in land deals, the city saw a total of 67 acres in land transactions, with a notable acquisition by Microsoft. Hyderabad’s Land Transactions in 2024 📌 Total Land Acquired: 67 acres📌 Biggest Deal: Microsoft purchased 48 acres for ₹267 crore to...
🔹 Middle-Class Struggles, Luxury Boom✔️ Rising cost of living & volatile job market hit mid-income buyers.✔️ Demand for luxury homes (₹3 Cr+) is skyrocketing! 🔹 Record-Breaking Sales in 2024✔️ 19,700 luxury homes sold, up 53% YoY.✔️ Delhi-NCR leads with 10,500 sales—90% more than 2023! 🔹 Luxury Market Shift✔️ NCR luxury sales grew from 3% in 2019 to 45% in...
Hyderabad Metro Rail is on the path of expansion with six new stations planned under the LB Nagar-Hayathnagar corridor. This project is set to transform city travel, reducing commute times and boosting connectivity. Here’s a detailed look at the upcoming metro stations and their impact on Hyderabad's infrastructure. Key Highlights of Hyderabad Metro Expansion Six New Stations Announced:...
Hyderabad’s real estate market has witnessed a remarkable surge, with under-construction property prices climbing by 11.9% in Q4 2024. This growth reflects the city’s evolving real estate dynamics, driven by increased demand for premium housing and robust economic expansion. In this blog, we explore the key factors fueling this price hike and its implications for buyers and developers in Hyderabad's...