Properties

Post GST, housing prices may not increase, says consulting firm Knight Frank

The general perception was that with the 12 percent GST rate, the tax would go up from 5.5 percent (service tax plus VAT)

Income tax dept unearths 400 benami deals, attaches Rs 600-cr properties

Immovable properties have been attached in 40 cases with total value of more than Rs 530 crore in Kolkata, Mumbai, Delhi, Gujarat, Rajasthan and Madhya Pradesh

SC extends Subrata Roy's parole till Sep 16, asks him to deposit Rs 300 cr more

The direction for depositing the amount came after Roy complied with the order of 11 July by which he was asked to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him

What success? SBI could sell only 130 of the 300 properties in e-auction

Country's largest bank SBI could sell about 130 properties only through its much publicised e-auction of 300 assets, realising just about Rs 100 crore.

Sebi questions ownership of Sahara properties as time runs out for Subrata Roy's bail

Officials at Securities and Exchange Board of India (Sebi), seeking redress for millions of investors it says were burnt in conglomerate Sahara’s illegal bond scheme, say the group might not wholly own some of the properties in India it listed as proof of its ability to repay the savers.

NSEL scam: ED attaches properties worth Rs 75 crore of three firms

The assets belong to Mohan India and its group companies -- Tavishi Enterprises Private Limited and Brinda Commodity Private Limited, which owe the investors Rs 922 crores.

Physical auctions are dead: expect 1 lakh realty e-auctions this year

While bank auctioned-properties can lure home buyers with a significant 15-20 percent discount as against the market rate, it must be remembered that a bank auctions only those properties for which the owner is unable to repay the home loan taken from the bank.

Sebi to begin e-auctioning properties worth Rs 17 crore of Tower Infotech

The four properties of Tower Infotech being sold have total reserve price of over Rs 17 crore.<br />

Sahara may not sell properties, but mortgage them to raise $1.7 bn for Subrata Roy's bail

Sahara conglomerate would rather mortgage its trophy overseas hotel properties than sell them to raise the $1.7 billion in bail money for its jailed chairman, a senior company executive told Reuters.

SC allows Sahara chief Subrata Roy to speak to buyers to sell properties

A bench headed by Justice TS Thakur asked 65-year old Roy to give details of the gadgets, like phone and computer, needed by him to get in touch with buyers from overseas.