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...
Real Estate
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...
The Gold Monetization Scheme (GMS) is an initiative by the Government of India aimed at mobilizing the idle gold lying in households and institutions across the country. Instead of keeping gold unused, this scheme allows you to earn interest by depositing it with the government, which then puts the gold to productive use. How Does the Gold Monetization Scheme Work? Under the Gold Monetization...
Sovereign Gold Bonds (SGBs) have emerged as a popular investment option for those looking to invest in gold without the hassle of handling physical gold. Apart from offering a regular interest payout, SGBs come with several tax benefits that make them an attractive choice for investors in India. What Are Sovereign Gold Bonds (SGBs)? Sovereign Gold Bonds are government securities denominated in grams...
Why Gold is a Popular Investment Gold has long been a favored investment, especially because it tends to move in the opposite direction of the stock market. When the stock market declines, the demand and price for gold typically rise. For many Indians, gold is not just an investment; it also holds cultural and emotional significance. However, mixing personal use and investment objectives can lead to...