Elliott Investment Management has built a stake in Sumitomo Realty & Development and shared views on the Japanese company’s operations, the property developer said.
IMF Rejects FBR Request to Cut Property Transaction Taxes
The International Monetary Fund (IMF) has prohibited the Federal Board of Revenue (FBR) from reducing transaction taxes on Pakistan’s property sector.
IMF Rejects FBR’s Tax Relief Plans for Property, Tobacco, and Beverages
ISLAMABAD: The International Monetary Fund (IMF) has denied the Federal Board of Revenue (FBR)’s request to lower taxes on property transactions, contradicting earlier government claims that a 2% cut …
Buying property in Mumbai? Investment banker says you lose 2 years’ returns before you even begin
Overall ~10% upfront cost just to buy real estate in a city like Mumbai where prices are already inflated is bizarre,” he wrote on Linkedin.
Contempt plea over demolition of property: SC seeks Maharashtra government’s response
The Supreme Court has instructed the Maharashtra government to respond within four weeks to a contempt plea regarding the demolition of an illegal portion of riot accused Fahim Khan’s house. The …
India’s luxury real estate market booms with demand surge from high-net-worth individuals, NRIs: Report
India’s luxury real estate market is witnessing rapid growth, driven by strong demand from high-net-worth individuals (HNWIs), non-resident Indian (NRI) investors, and domestic buyers looking to …
SC seeks Maha authority’s reply on contempt plea over property demolition
The Supreme Court on Monday sought response from the Maharashtra authority on a plea seeking initiation of contempt proceedings for demolition of a house and shop in Sindhudurg district over alleged …
China’s economy may finally be turning a corner — just in time for its next big challenge
January and February data out of China hae beat expectations and real GDP growth is tracking slightly over 5%, according to Goldman Sachs.
Kuwait bans private institutes in residential areas, nurseries exempt under new regulations
No private institutes in residential areas in Kuwait, nurseries must follow strict guidelines. KUWAIT CITY, March 23: Acting Director General of the Municipality, Eng. Manal Al-Asfour, confirmed that …
Four commercial establishments sealed for not paying property tax
The property tax wing of the MC sealed four buildings of tax defaulters in various areas of the city today. Acting on the orders of the municipal corporation Commissioner Gulpreet Singh Aulakh, the …