Real Estate

Hyderabad Metro Rail Phase II Expansion: Approvals Expected Soon

The highly anticipated Hyderabad Metro Rail Phase II expansion remains under active consideration despite the absence of dedicated funds in the Union Budget. Senior government officials have confirmed that approvals for the ₹24,269 crore project are expected in the coming months, as it progresses through technical evaluations. Project Overview and Evaluation Process The second phase of the...

Realty Sector Urges Interest Rate Cut to Boost Housing Demand

NAREDCO Calls for a 25-30 Basis Points Reduction in Repo Rate The real estate sector is advocating for a reduction in the repo rate to stimulate housing demand and promote economic growth. The National Real Estate Development Council (NAREDCO) has requested the Reserve Bank of India (RBI) to lower the repo rate by 25-30 basis points in the upcoming monetary policy review. According to NAREDCO...

Union Budget 2025 Increases TDS Limit on Fixed Deposit Interest

The Union Budget 2025 introduces a significant relief for fixed deposit (FD) holders by increasing the TDS (Tax Deducted at Source) threshold on interest income. The limit has been raised to ₹50,000 for general citizens (up from ₹40,000) and ₹1 lakh for senior citizens (doubling from ₹50,000). This change will take effect from April 2025 and aims to simplify tax deductions while easing the...

Union Budget 2025: Major Tax Relief for Homeowners with Two Self-Occupied Properties

Budget 2025 Eases Tax on Multiple Homes The Union Budget 2025 brings a significant tax benefit for homeowners, allowing them to claim nil annual value on two self-occupied properties without additional conditions. This reform simplifies tax calculations and provides greater financial flexibility to taxpayers. Key Tax Benefits for Homeowners ✅ Homeowners can now claim nil tax on two...

Government Proposes Higher TDS Threshold on Rent from 2.4 lakhs to 6 lakhs.

Increased TDS Limit on Rent The annual threshold for TDS on rent will be raised from ₹2.4 lakh to ₹6 lakh. Announced by the Finance Minister on February 1, 2025, during the Union Budget. Relief for Small Taxpayers Fewer rental transactions will be subject to TDS. Beneficial for small taxpayers receiving lower rental income. Amendment to Section 194-I of the Income Tax...

Key Highlights of Union Budget 2025

Income Tax Benefits No income tax on monthly income up to ₹1 lakh, boosting middle-class savings & spending. Salaried individuals earning up to ₹12.75 lakh per year to pay zero tax under the new regime. Updated Income Tax Return (ITR) filing limit extended from 2 to 4 years. TDS on rent threshold increased from ₹2.4 lakh to ₹6 lakh. Delay in TCS payment...

Budget 2025 Tightens NRI Tax Rules: Challenges for Indian Students and Professionals Abroad

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...

Mahindra Lifespaces Expands in North Bengaluru with ₹1,000 Cr Residential Project

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 Phase 2: Miyapur to Patancheru Route Announced!

📢 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 Real Estate Market Witnesses Four Major Land Deals in 2024

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...

Compare listings

Compare