BUYING FIRST PROPERTY
Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devices
The central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Eligible officers can invest up to Rs 1,50,000, or Rs 1,80,000 for Make-in-India devices. After four years, these laptops can be kept, provided that all data is erased prior. In case of transfers or retirements, officers can retain laptops by settling the book value.
Godrej Industries shares rally 10% after Temasek's Rs 2,500 crore investment in Godrej Capital
Godrej Industries shares rose sharply on Thursday after Temasek announced a Rs 2,500 crore investment in Godrej Capital at a valuation of up to Rs 28,000 crore. The group will retain around 80% ownership in the financial services business, which reported assets under management of Rs 35,000 crore in October 2026.
He retired at 30 with 14 flats worth Rs 2.8 crore earning Rs 42 lakh a year, but isn't happy
A Chinese man who invested more than Rs 2.8 crore in 14 ageing apartments managed to retire at 30, earning around Rs 42 lakh a year from rent. However, the expenses and effort involved in managing the properties have led him to rethink his investment strategy. He now plans to move towards dividend funds and high-dividend stocks.
Kalyan Jewellers shares jump 15% in 2 days as target prices go up to Rs 900. Should you buy?
Kalyan Jewellers shares have rallied sharply over the two sessions after brokerages raised their target prices following strong Q2 earnings and healthy festive demand. With Jefferies seeing a potential upside to Rs 900, investors are weighing the company's growth prospects against margin pressures, gold-price volatility and the stock's sharp recent gains.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analyst
No doubt, the mood in the market has changed and the bulls seem to be back in a determined fashion. Don’t, however, expect the indices to keep climbing daily. There will be pauses. Also, though the things troubling the market have receded for now, they can still return. And these troubles are likely to be global rather than local.
Can you sell your share in an ancestral joint property without consent of other family members? Know the law
When individuals aim to sell their shares in joint ancestral property, they must navigate various legal considerations. Gaining consent from co-owners is often essential, particularly with residential properties where potential disputes may occur. Completing a partition can help define ownership clearly before moving forward with a sale. Buyers should prioritize title verification from the original deed holder to ensure property documents are accurate and properly recorded.
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Inside LeBron James' $70 million real estate empire: Basketball legend owns lavish mansions across his stunning two-decade NBA career
LeBron James has developed an extensive real estate portfolio valued at around $70 million. His properties span across Ohio, Florida, and California, showcasing his interest in luxury estates. Notably, his first investment was a mansion in Ohio shortly after being drafted in 2003. James later acquired lavish homes in Miami and multiple properties in Los Angeles.
Investing in real estate? Know how much property is too much, and when you should diversify
At the ET Wealth Expo 2026, a dynamic panel engaged in a thought-provoking dialogue about the contrasts between investing in real estate and financial assets. Industry experts highlighted the perils of overestimating the value of properties, emphasizing hidden costs and liquidity issues that might arise.
Warren Buffett is worth $163 billion but still lives in his $31,500 Omaha home: Why the billionaire never moved in 68 years
Warren Buffett, with a net worth of about $163 billion, has remained in his Omaha home since 1958. He purchased the house for $31,500, and its value has grown substantially over the years. Buffett maintains a simple lifestyle, often having breakfast at McDonald's and driving an older car. His final shareholder letter emphasized kindness over wealth.
Saregama plans Rs 1,200 crore content spend for FY28-FY30
Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company expects earlier music acquisitions to drive margin expansion, while maintaining 20-23% revenue CAGR guidance for its music business. It is also expanding subscriptions, artist management and live events.
Succession planning: When a family breaks up, how does the business survive?
If the next generation wants to preserve the family business bot not necessarily together, here’s how they can execute the split without impacting the wealth.
Kotak eyes ₹4,500 crore fundraise to deepen bets on India's real estate market
Kotak Investment Advisors plans to raise ₹4,500 crore through its 16th real estate fund. This fund will focus on investments across India's real estate market, encompassing residential and commercial properties. The fund will utilize both debt and equity while targeting institutional capital to enhance liquidity for developers. It aims to conduct multiple transactions primarily in major cities and select tier-II locations.
ETMarkets Smart Talk| Higher yields offer opportunities, but investors need not rush into long-duration funds: Shriram Ramanathan
In this edition of ETMarkets Smart Talk, Shriram Ramanathan, CIO–Fixed Income at HSBC Mutual Fund, discusses the changing dynamics in India’s bond market, the outlook for interest rates and yields, and how investors should navigate the choice between debt mutual funds, fixed deposits and government securities. He also explains why liquidity and flexibility could matter more than rushing to lock into longer-duration bets in the current environment.
If AI unwinding pulls power stocks down, mind the difference between narrative and business: 6 stocks with upside potential of up to 30%
It is quite possible that, over the coming weeks, the narrative on the street could be that power stocks, which many had started to treat as a kind of proxy for the AI build-out, would come under pressure. But linking these stocks to global unwinding in the AI trade could be a mistake because demand for power in India depends on something far bigger and far older.
From India to Dubai: Why investors may be watching Dubai South's booming property market: Anarock study
Dubai South’s residential market is seeing rapid growth, with home sales in the first eight months of 2026 already surpassing the full-year 2025 total. Demand is increasingly concentrated in studios and one-bedroom apartments, making investments more accessible despite rising prices per square foot. However, heavy reliance on off-plan sales and a large supply pipeline could pressure demand and rental yields.
Who won Governor of Michigan race? Meet Democrat Jocelyn Benson and her $60000 promise for teachers
The Associated Press projects that Democrat Jocelyn Benson has won Michigan’s governor’s race. The longtime secretary of state built her campaign around making everyday life more affordable. Here's what she promised people of Michigan.
IT firms turn to acquisitions to boost revenue growth
The contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has therefore become a significant part of the firm’s reported revenue base.
Couple spends nearly $55,000 on a $20,000 auction house. 8 months later, they say it’s ‘worth 10 times’ the purchase price
A Michigan couple bought a two-acre house at auction for $20,000 without seeing its interior. After finding six refrigerators filled with food left without power for two years, they spent nearly $35,000 renovating it. Eight months later, the property became a rental that they say is worth 10 times the original purchase price.
Inside Shah Rukh Khan's Mumbai home Mannat: 27,000 sq ft mansion featuring 42-seat private theatre and floor-to-ceiling wooden bookshelves library designed for SRK
Shah Rukh Khan's Mannat is more than a celebrity residence, with the iconic Bandra mansion reflecting the actor's journey from dreaming of owning the property to making it his family home. Originally built in 1914 as Villa Vienna, the six-storey, 27,000 sq ft bungalow was purchased by Shah Rukh for Rs 18 crore in 2001. Designed by Gauri Khan, the interiors feature a 42-seat private theatre, the actor's personal library, dedicated family spaces and artworks by celebrated Indian artists.
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
Jio Platforms shares climb over 3% after Q2 PAT rises 14% YoY to Rs 8,389 crore. Buy, sell or hold?
Jio Platforms reported a 14% year-on-year rise in September-quarter net profit in its first earnings announcement since listing. Subscriber additions, 5G adoption and digital services supported growth, while brokerages retained Buy ratings with target prices of Rs 1,340 and Rs 1,350.
Family members can reject sale of joint HUF land and treat it as void if Karta sells it solely for personal benefit; Key legal rules you must know
In a Supreme Court ruling from earlier this year, the sale of joint ancestral property was deemed invalid if it only benefited one family member. The court highlighted that the head of a family must demonstrate genuine necessity for such sales. Karta is a manager and not an absolute owner of joint property. Sales favoring one coparcener are particularly susceptible to legal challenges.
Virginia couple bought a 100-year-old home and turned its backyard into a garden. One year later, a neighbour claimed the land was his and wanted its fence removed, but then a judge stepped in
A Virginia couple who bought a nearly 100-year-old home in 2025 transformed its gravel backyard into a garden with grass, flowers and vegetables. However, a year later, a realtor representing the neighbouring property's former owner told them that part of the backyard belonged to his client and that their fence had to be removed. After workers arrived and dismantled part of the fence, the couple hired a lawyer.
Mumbai property market records second-best October ever, registrations up 9%
Property registrations in the Mumbai municipal region rose by 9 per cent in October, reflecting stronger housing demand. The total registrations reached 12,690 units, compared to 11,649 units a year ago. Stamp duty collections during the same period also saw an increase of 12 per cent year-on-year.
Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?
For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That is beginning to change with the next generation asking sharper questions: What does each asset earn? How liquid is it? Is it worth holding?
Kristen Wiig drops asking price of midcentury modern home in Pasadena, California to $5.495 million
Kristen Wiig has reduced the asking price of her midcentury modern home in Pasadena, California to $5.495 million after initially listing it for nearly $6.3 million in May 2026. The actor purchased the property for $5.5 million in February this year. The property is located in San Rafael. The 1965 residence is spread in 5,559 square feet.
UK Budget: What is the ‘Your First Home’ scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other details
UK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible buyers to purchase homes with a minimum deposit of 2.5% and provides a 20% government-backed equity loan. Income limits apply, with caps based on local property prices to ensure assistance reaches those in need. Developers will contribute towards the scheme, which will have a capped annual funding.
Ishq Wala Love singer Salim Merchant is now owner of Rs 12.85 crore commercial property in Mumbai’s Santacruz
Composer Salim Merchant, known as one half of the composer duo Salim-Suleiman, recently bought a commercial property in Mumbai’s Santacruz for a staggering Rs 12 crore.
Pat Boone bought historic Beverly Hills Colonial Revival estate for $159,000 in 1960. 66 years later, singer lists it for $22 million
Pat Boone is selling his Beverly Hills estate for $22 million after owning the property for 66 years. The singer and his late wife Shirley Boone purchased the Colonial Revival home in 1960 for $159,000. The 1.12-acre estate is located at the corner of Beverly Drive and Sunset Boulevard. The property has six bedrooms. It also has a swimming pool, a recording studio and a guest house.
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