LAND SOLD WITH SALE AGREEMENT
CII calls for GIS-enabled national land bank to ease industrial acquisitions
The Confederation of Indian Industry (CII) is advocating for a unified national industrial land bank. This initiative aims to create an online system simplifying land acquisition for factories. The proposed system will offer comprehensive land details. Reforms include standardized impact assessments and faster acquisition processes. Uniform stamp duty is also recommended to streamline investments across states.
India, Russia ink pact to station 3,000 troops, warships and aircraft in each other’s territory
India and Russia have entered into a reciprocal logistics agreement allowing up to 3,000 troops, naval ships, and aircraft to be stationed in each other's territories. This pact, effective January 12, 2025, aims to bolster long-term military cooperation, facilitate joint exercises, and enhance interoperability in the Indo-Pacific and Arctic regions.
Establish 'GST-like' industrial land council for dispute resolution: CII
Industry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve disputes. A key recommendation is a unified, GIS-enabled land bank for transparency and faster investment decisions. The report also advocates for uniform stamp duties and a digital single-window system to streamline industrial land processes across India.
CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisition
The Confederation of Indian Industry (CII) has proposed a unified national industrial land bank with a GIS-enabled system to streamline land acquisition for manufacturing. The proposal includes standardized social impact assessments, district-level acquisition cells, and a dispute registry to reduce timelines and enhance transparency.
India LPG consumption slides 13% amid West Asia conflict
India's LPG consumption plummeted by 13% in March due to West Asia conflict-induced supply disruptions. Despite government efforts to boost domestic production and meet household demand, commercial and bulk sales saw significant drops. However, overall LPG consumption for the fiscal year ending March 2026 still registered a 6% increase.
Hidden risks in mortgaged properties: Essential due diligence steps for safe buying
A Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that buyers are entitled to a full refund of their deposit when sellers fraudulently hide property encumbrances. This case underscores the importance of thorough due diligence for property buyers.
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Have to remove Mamata as Bengal CM, else Bangladeshi Muslims will snatch state from us: Himanta Biswa Sarma
Assam Chief Minister Himanta Biswa Sarma has accused West Bengal Chief Minister Mamata Banerjee of diverting state resources for Bangladeshi Muslim infiltrators. He stated that Banerjee has earmarked the state treasury for these infiltrators and alleged she sold land for votes. Sarma called for Banerjee's removal, warning that Bengal could be lost to infiltrators.
Lebanon president says working on 'permanent agreements' after Israel truce
Lebanese President Joseph Aoun announced a "new phase" of "permanent agreements" following a 10-day ceasefire in the Israel-Hezbollah war. He stated Lebanon is no longer an "arena for anyone's wars," emphasizing the nation's reclaimed decision-making power and commitment to negotiating for its own rights and sovereignty.
The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investors
This is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is about the three levers management uses to shape the numbers, the 10 tactics every investor should learn to spot trouble, four real cases from listed companies, and a checklist to apply to any annual report – before the auditor's next remark moves the stock.
NBCC sells 14 lakh sq ft commercial space in South Delhi for Rs 5,779 cr via e-auction
NBCC has successfully sold commercial space in South Delhi. The sale of approximately 14 lakh square feet at Bharat Business Park fetched Rs 5,779 crore. This significant transaction was conducted through an e-auction. NBCC will receive a one percent marketing fee. These funds will support the redevelopment of residential colonies in the area.
Mumbai’s skyline is soaring. So is the pressure on housing
Mumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu Virmale negotiate for modern housing. Developers are redeveloping slums, promising new apartments but raising concerns about displacement and the loss of community. This transformation is reshaping the city's skyline and its social fabric.
Signature Global ties up with Tonino Lamborghini for branded housing project in Gurugram
Realty firm Signature Global on Thursday said it has tied up with Italian lifestyle brand Tonino Lamborghini to develop a luxury housing project in Gurugram.
Brigade Enterprises to build 39-acre township in Bengaluru, aims Rs 7,200-cr revenue
Realty firm Brigade Enterprises Ltd on Wednesday said it will develop a 39-acre township project in Bengaluru with an estimated revenue potential of Rs 7,200 crore.
Military conflict cannot resolve problems: PM Modi on West Asia, Ukraine
Prime Minister Narendra Modi and Austrian Chancellor Christian Stocker met in New Delhi. They agreed that military conflict cannot solve problems. Both leaders support stable and lasting peace in Ukraine and West Asia. The Austrian Chancellor's visit is expected to boost trade and investment between India and Austria. A new chapter has begun in India-EU relations following the historic FTA.
PIL against sale of liquor in tetra packs in UP; SC asks petitioner to approach authorities
The Supreme Court refused to hear a PIL seeking a ban on liquor sales in tetra packs in Uttar Pradesh, directing the petitioner to approach state authorities. The plea challenged the state’s new excise policy mandating tetra pack packaging for safety. The petitioner cited concerns over misuse near educational institutions and crime, but the court left the decision to the government.
Jeh Aerospace signs supply pact with France-based Liebherr-Aerospace
Jeh Aerospace has secured a significant long-term deal with Liebherr-Aerospace. The agreement focuses on precision landing gear components for narrow-body commercial aircraft. Jeh Aerospace will manufacture these vital parts at its Hyderabad facility. This collaboration integrates Jeh Aerospace into Liebherr-Aerospace's global manufacturing network. The pact underscores Jeh Aerospace's commitment to operational excellence and precision manufacturing.
Delhi court summons Robert Vadra in Shikohpur land deal money laundering case
A Delhi court has taken note of the Enforcement Directorate's charges against businessman Robert Vadra. The case involves allegations of money laundering connected to a 2008 land deal in Haryana. The ED claims proceeds of crime were generated through a fraudulent transaction. All accused have been summoned to appear in court on May 16.
Ashiana Housing to invest Rs 800 crore for land acquisition in FY27
Ashiana Housing plans to invest ₹800 crore in land acquisition across India in FY27, a senior executive said. The company reported record senior living sales of ₹570.2 crore in FY26, driven by strong demand in the segment.
Dubai realty shaken from West Asia conflict but holds its ground
Real estate transactions in Dubai fell 14% in early April amid the West Asia conflict, with buyer sentiment hit and rental demand sharply declining. Smaller developers offered discounts and flexible plans, while prices largely held. Though enquiries have picked up after a ceasefire, deals may take time. Experts say demand remains structurally strong, but prolonged tensions could trigger further price corrections and slower market activity.
Dharavi redevelopment gathers pace; 11,000 rehab homes planned on railway land
The Dharavi Redevelopment Project is accelerating, and residents in Sector-6 on railway land have been urged to cooperate and vacate homes. Construction of new rehabilitation buildings will begin soon. Residents have been offered transit accommodation or rental support.
Luxury car sales in India set to double by 2030, says BMW
India's luxury car market is set to double its share by 2030. Young, wealthy, and aspirational buyers are fueling this growth. BMW sees strong momentum, expecting the trend to continue. Factors like rising affluence and a generational shift in spending are key drivers. The market is poised for significant expansion, with luxury vehicles becoming more accessible and desirable.
Puravankara Ltd Q4 pre-sales jump 3-fold to Rs 3,547 cr; 55 pc rise in FY26 to Rs 7,407 cr
Realty firm Puravankara Ltd on Monday reported nearly 3-fold jump in pre-sales to Rs 3,547 crore in the fourth quarter of the last fiscal year on better demand for residential properties.
Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigate
Property ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyers face risks from historical discrepancies and competing claims, locking capital and stalling income. Proactive legal due diligence, careful transaction structuring, and understanding tenant rights are crucial for navigating these complexities and protecting valuable assets.
Lodha Developers expects Rs 2 lakh crore revenue from monetisation of land bank
Lodha Developers possesses a substantial land bank with a projected revenue of Rs 2 lakh crore. The company plans to reduce land acquisition spending in the coming years. This strategic shift aims to boost free cash flow. Lodha Developers has been actively acquiring land parcels across key Indian cities.
‘Kal Ho Naa Ho’ singer Sonu Nigam sells Karjat plots for Rs 2 crore; What’s driving buzz around this Raigad town near Mumbai, Pune
Sonu Nigam has sold four land parcels in Karjat, Maharashtra. The total sale value reached Rs 1.95 crore. These transactions were completed on April 7, 2026. The land was divided into four plots before the sales. This move follows other recent property activities by the singer and his father. No official confirmation has been provided by Sonu Nigam yet.
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EV
Brookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 crore. Investment bank Jefferies is managing the sale. Initial bids have come from overseas and domestic investors. This move is part of Brookfield's wider portfolio adjustments in India's growing renewable energy sector.
Maharashtra: ED raids in money laundering case against self-styled godman Ashok Kharat
The Enforcement Directorate has escalated its investigation with simultaneous searches across Maharashtra, focusing on the self-proclaimed godman Ashok Kharat and his network. Active operations are taking place in key locations like Nashik, Pune and Shirdi.
Odisha IAS officer accused of cheating man of Rs 95 lakh in land fraud; Complainant also alleges death threats & legal intimidation
A senior Odisha IAS officer, Aradhana Das, is under investigation after an FIR was registered over an alleged Rs 95 lakh land fraud case. The complainant claimed he paid the full amount, Rs 85 lakh via RTGS and the rest in cash, for a plot, but the land was neither registered nor handed over. He also alleged that the officer later refused to execute the sale deed, claimed the money had been spent, and issued threats.
Buying agricultural land near a city? Key income tax rules you must know
An ITAT ruling clarified that stamp duty valuation doesn't define agricultural land status for income tax. The tribunal emphasized that official revenue records, actual cultivation, and lack of formal conversion are key factors. This decision protects buyers from tax additions based solely on higher urban land stamp duty rates.
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