On June 28, 2023, RK Arora, the Promoter-Director of Supertech Limited, a Noida-based (Delhi-NCR) real estate company, was arrested by the Enforcement Directorate (ED) on charges of money laundering. The investigation conducted by the ED has showed that Arora had taken hundreds of crores of rupees from homebuyers and investors…
Great news for all house hunters in Delhi! The Delhi Development Authority (DDA) has made an important announcement about the registration process for 5,500 brand-new flats under its Phase IV housing scheme. According to a recent report in The Times of India, the registration will begin at midnight on June…
Group 108 to launch new commercial project in Sector 142, Noida. The project, located on Noida Expressway, will have offices and retail spaces.
In a significant move toward enhancing transparency and preventing property fraud, Pune’s property registration department in India is in the final stages of adopting blockchain technology. The implementation of blockchain aims to eliminate the duplication of online agreement documents and provide secure and reliable information to property buyers, government authorities,…
India’s Union Budget 2023 has introduced significant changes to tax collection on foreign remittances. The Union Budget 2023 has brought forth notable revisions to the Tax Collection at Source (TCS) on Foreign Remittances under the Liberalised Remittance Scheme (LRS). From July 1, 2023, the TCS rate on various types of…