property transactions

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    Kolkata Deal: DLF Transfers IT-SEZ and Land to Srijan Group

    New Delhi, March 30 Real estate major DLF has finalized a deal to sell its IT-ITeS SEZ (special economic zone) project and nearly 18 acres of vacant land in Kolkata for Rs 710 crore to Srijan Group as part of its strategy to monetize commercial assets.The deal was announced in April last year...
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    Market Trends: Kolkata Sees Growth in Residential Property Sales

    Kolkata, March 27 The Kolkata Metropolitan Area (KMA) recorded 4,974 registrations for residential properties in February, representing a 63 per cent month-on-month increase, primarily due to a rebound from a seasonal low in January, according to data released by property consultant Knight Frank...
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    New Provisions Aim to Maintain Order in Gujarat's ‘Specified Areas’

    Gandhinagar, March 25 – The Gujarat Legislative Assembly passed an amendment to the state’s law on disturbed areas on Wednesday, renaming such zones as “specified areas” and introducing a series of changes to regulate the transfer of immovable property, following a heated debate in the House...
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    Government Orders Audit Amid Housing Scheme Allegations

    Mumbai, March 17 The Maharashtra government ordered a vigilance audit on Tuesday after a BJP MLA alleged a Rs 2,000 crore scam in housing schemes in Mumbai.The report of the audit is expected within 30 days, Minister of State for Urban Development Madhuri Misal told the legislative assembly...
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    Maharashtra Passes Bill to Expedite Stamp Duty Cases

    Mumbai, March 9 – Both houses of the state legislature unanimously passed the Maharashtra Stamp (Amendment) Bill 2026 on Monday, which aims to ensure the rapid disposal of pending stamp duty cases and to streamline administrative processes.The bill was presented by Revenue Minister...
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    Maharashtra Assembly Passes Stamp Act Amendment for Faster Case Disposal

    Mumbai, March 9 The Maharashtra assembly passed a bill on Monday to amend the Stamp Act, aimed at expediting the disposal of pending cases related to stamp duty and improving administrative efficiency in the revenue department.Revenue Minister Chandrashekhar Bawankule told the legislative...
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    Rajasthan Assembly Passes Bill to Protect Tenants and Regulate Property Transfers

    Jaipur, March 6 The Rajasthan Assembly on Friday passed the 'Rajasthan Prohibition of Transfer of Immovable Property and Provision for Protection of Tenants from Eviction from Premises in Disturbed Areas Bill, 2026'.The legislation aims to regulate property transactions in areas affected by...
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    Home Minister Shah Orders Intensified Border Security

    New Delhi, February 27 Union Home Minister Amit Shah on Friday directed intensified vigilance, coordinated action between agencies, and stricter financial scrutiny in border districts between India and Nepal to prevent infiltration and illegal migration.At a high-level review meeting in...
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    New Law: Imprisonment Proposed for Violations of Rajasthan's Disturbed Areas Bill

    Jaipur, February 25 – The Rajasthan Bill, 2026, on Prohibition of Transfer of Immovable Property and Provision for Protection of Tenants from Eviction from Premises in Disturbed Areas, was introduced in the Rajasthan Legislative Assembly on Wednesday. It is expected to be discussed in detail and...
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    High Court Quashes Money Laundering Case Against Lawyer in Deshmukh Probe

    Mumbai, February 24 The Bombay High Court has quashed a money laundering case filed by the Enforcement Directorate (ED) against a Nagpur-based lawyer in connection with alleged kickbacks involving former Maharashtra home minister Anil Deshmukh.A single bench of Justice Ashwin Bhobe, in an...
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    Seeking Safeguards: TDS Compliance and First-Time Homebuyers

    New Delhi, February 11 The Supreme Court on Wednesday dismissed a petition alleging the absence of a mechanism to inform people about their obligation regarding tax deducted at source (TDS) when purchasing property valued at more than Rs 50 lakh.A bench of Justices Vikram Nath and Sandeep...
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    Draft Income Tax Rules: Key Changes for Cash Transactions and Reporting

    New Delhi, February 9 Draft Income Tax Rules have proposed significantly increasing transaction limits for quoting PAN for cash deposits/withdrawals in banks, purchase of motor vehicles and property, and payment of hotel bills.The draft also proposes increasing the value of perquisites...
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