As the chair of the G20, India has a special probability to lead the global combat against black money and tax evasion. One way to do this is to advance the G20 suggestion to tune cross-border property deals. Cross-border property deals have long been a favored way for wealthy humans to hide their undeclared incomes and keep away from paying taxes. Investing in houses in overseas jurisdictions can conceal their belongings and make it hard for authorities to sing them down. The G20 concept pursuits to address this hassle by requiring countries to acquire and share statistics on cross-border property deals with each other. This would enable the tax authority to become aware of men and women who use actual … Read more
PropertyPistol Insight Team
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G20 Summit 2023- PM Modi announces a Rail and Port Connectivity Agreement with the USA, UAE & Saudi Arabia!
Tags: Infrastructure
At the G20 Summit in New Delhi on 9 Sep’23, world leaders announced an international rail and ports agreement that will link the Middle East with South Asia. The agreement comes at a time when US President Joe Biden is seeking to counter China’s Belt and Road push by promoting Washington as an alternative partner and investor for developing countries in the G20. … Read more
Supreme Court’s Decision on Property Rights for Void Marriage Children!
Tags: Legal
Supreme Court: Children born out of a void or voidable marriage are entitled to a share in their parents’ property. The Supreme Court ruled on Friday that Hindu joint family property governed by Hindu Mitakshara Law is entitled to a share of the property of the parents. … Read more
India’s Infrastructure Revolution: What’s in Store for 2023!
Tags: Infrastructure
Navi Mumbai International Airport
The Navi Mumbai International Airport (NMI) is India’s second international airport, after the one in Mumbai. This airport has entered the public-private partnership (PPP) model for USD 600 million. A SPV was set up for this airport, which is scheduled to be operational by 2024. … Read more
What are the Legal Documents Needed to Purchase a Property?
Tags: Realty Guide
When searching for a house, there is a significant distinction between the two stages of the process. The first is looking for one and the second stage, documentation, is the most critical step in the process. This article provides an overview of the legal documents necessary for the acquisition of a property and its ownership. Here is a list of the 11 documents necessary for the purchase of a property.… Read more
All To Know About Thiruvananthapuram Light Metro Project!
Tags: Infrastructure
Realizing the need to transform the urban mobility landscape and redefine its transportation dynamics, the luch city of Kerala-Thiruvanandpuram embarked on a vision-driven journey. The Thiruvanandpuram Light Metro Project (TMMP) is more than just a transport system; it is a symbol of progress, innovation, and well-being for the people of Thiruvananduram.… Read more
The Real Estate Market in India Attracts More Attention from Global Investors!
Tags: NewsReal Estate
Despite the global recession, India’s real estate sector has remained resilient. Q-o-q demand growth across asset classes has continued to outpace the rest of the market, making the real estate sector the most sought-after instrument by global investors. As a result, several global sovereign wealth funds accelerated their investments in India, driving the sector’s upward growth trajectory. The Indian real estate sector attracted 43% of global institutional investment in the first six months of 2023, led by the office segment. Despite a difficult global economic environment, these investments account for 75% of total inflows in 2023, showing the resilience of the real estate sector and its attractiveness to institutional investors.… Read more
2023: Dubai’s Property Boom Leaves Expats Feeling the Heat!
Tags: DubaiReal Estate
The average price of an apartment in Dubai has increased by 20% over the past year and a half, the biggest increase in almost a decade, CBRE Group reported Monday. According to CBRE, off-plan sales, which are undeveloped properties purchased directly from a developer, increased by 58.7% in August 2023 compared to the same month last year, while sales of existing properties decreased by 10.2% in August. CBRE’s latest report, “Dubai Residential Market Snapshot,” shows the highest growth in apartment sales since November 2014. … Read more
52% of NRIs consider Indian Commercial Real Estate to be the Fastest-Growing Asset Class!
Tags: Realty News
According to a study conducted by the SBNRI, about 52 percent of Non-Resident Indians are considering investing in CRE as a way to diversify their portfolios in the real estate segment, with CRE being one of the top asset classes preferred by NRIs over other asset classes such as residential. According to the SBNRI, the Indian real estate market has started to recover after a long period of stagnation due to the pandemic. The study highlighted that the lucrative investment opportunity has become less complicated for foreign investors, and NRIs are now looking to own a piece of land in their country. Traditionally, the residential sector has been the only real estate option preferred for investment, but with fractional ownership … Read more
WiseX & Integrow Asset Management Launch India’s 1st Real Estate PMS!
Tags: Realty News
India’s premier Neo-Realty investment platform, WiseX, in partnership with Integrow Asset Management, has launched India’s first sector-specific Real Estate portfolio management service (PMS). Integrow Asset Management will manage the portfolio powered by WiseX’s proprietary technology. WiseX’s CREAM fund aims to provide investors with alpha and risk-adjusted returns by investing in real estate in a Multi-cap portfolio focused on the real estate sector. … Read more
