E-PaperReal Estate News
Removing indexation on real estate will benefit almost nobody. Here’s proof.
Calculations show the effective tax under the new regime is only lower if the property’s value grows at a CAGR that far exceeds historical averages. It could also discourage long-term investment in real estate, reducing liquidity and potentially destabilising the market.
4 min read01:08 PM ISTMint Explainer: What’s stopping states from reducing stamp duty
States are left with fewer avenues, including stamp duty, to raise tax revenues independently after the introduction of GST in July 2017.
4 min read09:00 AM ISTGautam Adani plans mega entry into Delhi-NCR with Jaypee real estate bid
Adani group plans to put in a $1 billion bid for bankrupt Jaypee’s real estate assets. Some of Jaypee’s top projects include the 452-acre Jaypee Greens township; 1,063-acre Jaypee Greens Wish Town township, and Jaypee Greens Sports City along the Yamuna Expressway.
6 min read06:00 AM ISTTV Mohandas Pai questions Centre’s tax on property sale, says ‘citizens need answers…’
A Mint analysis showed that selling property under the revised LTCG tax regime, could push your liability up substantially.
2 min read29 Jul 2024Griffin Purchased St. Tropez Mansion Just Before Buying Dinosaur
Ken Griffin has amassed trophy real estate across the US, including some of the most expensive homes in the country in Manhattan and Palm Beach. He’s now taking his spending spree to the French Rivera.
1 min read26 Jul 2024Budget 2024: With new tax rates, spike in property prices would lead to lower LTCG tax. This is how
Budget 2024: Higher real estate appreciation under new LTCG regime leads to lower tax outgo as indexation benefits are removed, favoring investors with high returns while penalizing those with lower returns.
3 min read25 Jul 2024For property investors, one step forward and two steps back
The long-term capital gains tax on real estate has been slashed, but property sellers could still end up paying higher tax without the benefit of indexation, or adjusting for inflation.The removal of indexation has made real estate less tax-efficient, likely steering investors to other options.
4 min read24 Jul 2024Budget 2024: How will removal of indexation benefits for property sales impact real estate?
Budget 2024 removes indexation benefits for property sales and reduces LTCG tax from 20% to 12.5%. CLSA expects negative impact on shorter duration investments with moderate price growth.
3 min read24 Jul 2024Budget 2024: Nifty Realty tanks after removal of indexation benefits; DLF top loser
Budget 2024’s removal of indexation benefits for property sales caused real estate stocks to drop, with Nifty Realty constituents like DLF, Sunteck Realty, and Godrej Properties falling 4-5%. The sector’s reaction highlights worries about higher tax liabilities and impact on investment returns.
2 min read23 Jul 2024Union Budget 2024: What does the real estate sector expect?
The Indian real estate sector anticipates significant reforms in the upcoming budget, including GST reduction, lower interest rates, industry status, and incentives for affordable and sustainable housing, aiming to boost growth and accessibility nationwide.
4 min read22 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared