India Property News
The global property investment market saw volumes rise 4 percent year-on-year to USD 1.5 trillion in a one year period ending June 2017.
A consumer forum here has asked real estate major Arun Dev Builders Ltd to pay about Rs two lakh to a woman for not giving her a plot booked four years ago in its Haridwar project, terming it "deficiency in service".
Property consultant JLL India, which recently forayed into e-commerce segment to market flats, today said it has closed deals worth Rs 30 crore during its online home festival.
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty.
The Centre has formed a committee to simplify forms and the process for central government employees to file details of their assets and liabilities along with that of their spouses and dependent children as mandated by the Lokpal Act.
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