Real Estate (Regulation and Development) Act

Section 54F

Want to buy a house by redeeming mutual fund investments?

Are you planning to buy a residential flat by investing the redemption proceeds of mutual fund investment? Will you be able to claim capital gain exemption if you reinvest the redemption proceeds for buying the second residential flat or claim the benefits a second time ? Well the answer is –¬† Section 54F of Income …

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hemisphere properties

Hemisphere Properties India Ltd- Unlocking land value

Hemisphere¬†Properties India Ltd (HPIL) was demerged with the surplus land of VSNL (now Tata Communications Ltd) and listed in October 2020. Business activities of HPIL are to acquire construct, hold, manage, develop, preserve and to deal in any other manner with the properties, including sale and purchase. Government of India still holds 51% in the …

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Rights home buyers will enjoy under RERA

From 1st May 2017, if you are a home buyer, you will be armed with several new rights specified under the Real Estate (Regulation and Development) Act, 2016 (RERA) such as the follows: 1. The right to obtain information relating to sanctioned plans, layout plans along with the specifications, approved by the competent authority. 2. …

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