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Posted in Property Management OnIn the Indian Budget 2024, significant changes were made to the taxation of real estate, particularly concerning long-term capital gains (LTCG) tax. Initially, the budget proposed removing the indexation benefit for calculating LTCG on the sale of immovable properties, which led to criticism from various stakeholders. The removal of indexation would have increased taxable gains,…
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Posted in 360 Property Management Services, Chennai, Chennai Real Estate, Property Management OnThe Eastern Maritime Corridor is envisioned as a sea link between ports on the east coast of India and ports in the far-east region of Russia. According to the Indian government, the corridor promises immense potential to unlock new trade opportunities and foster mutual economic prosperity and resilience.The corridor is expected to reduce the time…
Read MoreWe are not even into June yet, and a large part of North and Central India is already grappling with severe heatwave. On Wednesday, several areas in Delhi and Rajasthan recorded a temperature of over 50 degrees Celsius.On Thursday, after last evening’s shower, the weather improved in the national capital, and the temperature dropped to…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.