PROPERTY

  • Black money law: Foreign property to be taxed at current price March 22, 2015

    New Delhi: Indians having undisclosed property abroad will have to pay tax and penalty on the basis of the current market value of the asset, and not at the purchase price, as per the new black money bill. However, the tax and penalty would take into account the part-disclosure, if...
  • Huawei becomes world's No. 1 in international patent filings March 19, 2015

    Beijing: Chinese telecom giant Huawei Technologies became the world's No. 1 applicant for international patents in 2014, a United Nations agency said Thursday, underscoring the innovative strides made by Chinese technology companies. Huawei was followed by San Diego-based chipmaker Qualcomm while Huawei's crosstown rival ZTE, which was the world's leading applicant...
  • SBI aims to cut bad debt with huge online property auction March 12, 2015

    Mumbai: India's largest bank, the State Bank of India (SBI), will hold a record online auction this weekend to sell repossessed flats, warehouses and offices worth a total of nearly $200 million as the state lender seeks to chip away at its $10 billion mountain of bad debt. The SBI auction...
  • Delhi: Masked gunmen open fire near Qutub Minar; 1 dead, 1 critically injured March 10, 2015

    New Delhi: A group of masked men fired indiscriminately at men seated just outside Qutub Minar in the national capital leaving one person dead and another critically injured. The shooting reported took over a property dispute. The victim is identified as Sonu Sejwal, 28, a fire attendant at a five-star hotel...
  • Now, free legal advice, training at DU's legal aid clinics March 1, 2015

    New Delhi: To extend free advice on questions of law and offer consultations on matters like property rights, Delhi University is hosting legal aid clinics which will not be restricted only to the varsity fraternity but open to all. The clinics, which will also impart para-legal training to DU students and...
  • 2,252 fake Lenovo products worth Rs 23 lakh seized February 27, 2015

    Chennai: Fake products under the brand name Lenovo, including laptop batteries and adaptors, valued at Rs 23 lakh, were seized in raids at three retail shops here. "The officials conducted a surprise raid in three retail shops at Ritchie Street on Mount Road and seized 2,252 fake products, including laptop batteries...
  • Connecting with the roots, a radio channel for Kashmiri Pandits away from home January 19, 2015

    Srinagar: Wanting the Kashmiri Pandits to stay in touch with their roots even years after their exile, Ramesh Hangloo started a Kashmiri Pandit FM channel, Sharda Radio. "The basic thing is that sense of belonging is a must for people who were connected to the land or still who...
  • Google Capital invests in Indian property website Commonfloor January 9, 2015

    New Delhi: Indian property search website Commonfloor.com has received funding from Google Capital, an equity fund backed by Google, the online portal said in a statement on Thursday. Commonfloor will invest the funds in product technology and marketing, the company's co-founder and chief executive officer, Sumit Jain, told Reuters. The companies did...
  • Bill for disposition of property by Hindus in Pakistan deferred January 6, 2015

    Peshawar: The tabling of a bill to remove "certain existing disabilities" in disposition of property by Hindus in Pakistan's northwest Khyber-Pakhtunkhwa province in the assembly was deferred on Monday. Provincial Law Minister Imtiaz Shahid informed the House the Khyber-Pakhtunkhwa (K-P) Hindu Disposition of Property Bill, 2014 would be presented in...
  • Lokpal: Central government employees get four more months to file information on assets December 25, 2014

    New Delhi: Central government employees have got four more months, till April next year, to file details of their assets and liabilities under the Lokpal rules. The forms for providing such declarations are also being revised by the Centre. The Department of Personnel and Training (DoPT) on Thursday extended the...
  • Lucky Ali allegedly threatened by land mafia in Bengaluru over property dispute December 17, 2014

    Bengaluru: Claiming that his life is under threat by the land mafia, singer, composer Lucky Ali has approached the Bengaluru Police. He has filed two complaints after some men allegedly barged into his house with sickles and knives and threatened his staff. The reason for the threat is reportedly a...
  • Jaipur: 17-day-old boy's private part allegedly cut-off by a relative over a property dispute December 3, 2014

    Jaipur: In a shocking incident from Jaipur, a relative allegedly cut off the private parts of a 17-day-old baby over a property dispute. The doctor said that the reconstructive surgery was not possible till the boy is 5 years of age. The boy's parents have registered an FIR and have alleged...
  • Kota: Husband chops off wife's nose, four fingers over property dispute November 29, 2014

    Kota: A 35-year-old woman's nose and four fingers of her hand were chopped off allegedly by her husband after an argument broke out between them over a case of property in Borkheda area in Kota, police said on Saturday. The accused Nand Singh (40) along with his brother attacked his wife...
  • No discrimination based on caste, religion, food preference now to rent a flat in Mumbai November 28, 2014

    Mumbai: In a major relief for home buyers, the Brihanmumbai Municipal Corporation on Thursday passed a resolution to revoke permission to developers who discriminate amongst buyers. The new proposal will invite revoking of occupation certificates of housing societies that discriminate buyers and prefer selling flats to only a particular community,...
  • Maharashtra: 'Realty' check for Devendra Fadnavis government November 1, 2014

    Mumbai: Maharashtra BJP chief Devendra Fadnavis superceded several state leaders, to become one of the youngest chief ministers. And now as the 44-year-old gets down to business, he has his task cut out. Urban development and housing are expected to be high on the CM's priority list. But rather than...
  • Hike in circle rates in Delhi to hit housing demand September 23, 2014

    New Delhi: Increase in circle rates by up to 20 per cent in the national capital could further dampen investor sentiment and affect housing market, according to global property consultants. The Delhi government on Monday raised the circle rates -- the minimum valuation at which properties have to be registered --...
  • New payment gateway for efiling of intellectual property September 10, 2014

    New Delhi: Commerce and Industry Ministry has launched a new payment gateway for efiling of intellectual property, a move which will further simplify the procedure to get patents and trademarks. "This facility enables payment using Internet banking, credit cards or debit cards of more than 70 banks as against Internet...
  • Average housing price falls by 2 pc during AprilJune in DelhiNCR September 3, 2014

    New Delhi: The average housing price in DelhiNCR has declined marginally by 2 per cent during AprilJune compared with the yearago period due to slowdown in property market, according to a report by realty portal 99acres. In its latest residential report for the second quarter of 2014 calendar year, the...
  • Centre asks ministries to furnish officials' property details online August 10, 2014

    New Delhi: In a bid to ensure transparency, the Narendra Modi government has asked all departments and ministries to put property details of officials on their respective websites. A government circular in this regard was recently received by the Defence Ministry, which says that the new rules for filing property returns...
  • Court orders confiscation of properties of Indore Development Authority officer August 8, 2014

    A specialcourthere on Friday ordered confiscation of properties worth Rs 35.75 lakh belonging to Indore Development Authority's (IDA) Estate Officer Babulal Gothwal and directed the government to use it in public interest. Special Judge Avnindra Kumar Singh ordered confiscation of properties worth Rs 35.75 lakh of Gothwal after finding that it...
  • Azam Khan attacks Shia cleric over 'sale' of Waqf properties August 5, 2014

    Firing yet another salvo at Shia cleric Maulana Kalbe Jawwad, Uttar Pradesh Waqf Minister Azam Khan on Tuesday questioned alleged sale of Waqf properties during the chairmanship of his brotherinlaw. In a statement issued here, Azam alleged the religious leader raised slogans in favour of Narendra Modi and added, "There was...
  • Delhi: 17yearold raped in moving vehicle, accused arrested August 2, 2014

    New Delhi: A 17yearold girl was raped allegedly by a property dealer in a moving car while his friends were also involved in the crime in Bhalaswa Dairy area of northwest Delhi, police said on Saturday. The incident took place last night when accused Satish, who known to the victim, took...
  • ED attaches RS 100 crore worth assets of former Jharkhand Minister July 28, 2014

    The Enforcement Directorate (ED) on Monday attached properties estimated worth is Rs 100 crore of former Jharkhand Minister Anosh Ekka in connection with itsmoney laundering probe against him based on a disproportionate assets complaint. Ekka, a former Rural Development Minister in Chief Minister Madhu Koda's cabinet, has been under the scanner...
  • 42yearold man stabbed to death over a property dispute July 12, 2014

    A 42yearold man was allegedly stabbed to death by three on Saturday after an argument over a property dispute in the district, police said. Kailash Kevat was stabbed by two brothers Jai Prakash Maurya and Prahalad Maurya, aged between 30 and 34, and their father Dwarika Maurya over a property...
  • Nephew murders 45yearold man over property dispute July 3, 2014

    A 45yearold was allegedly killed by his nephew over a property dispute in Ahimaney Baijapur village in Sultanpur, police said on Thursday. The deceased identified as Tilakram Verma was working in his agricultural field on Wednesday, when he got involved in a dispute with his nephew who attacked him with a...
  • Newlywed Indian woman wins prime property in Dubai radio show July 2, 2014

    A newlywed Indian woman, who was visiting her husband in Dubai, has won a prime property in her home state in a competition run by a radio station, according to a media report. Sruthymol V, 24, won the property three months after her marriage, when she flew into Dubai on a...
  • Hingora kidnapping: Accused's property attached July 1, 2014

    A local court on Monday issued a warrant of attachment of property of the 12 accused in thea case relating to abduction of a Gujarat industrialist in which the kidnappers had allegedly taken Rs 9 crore as ransom. Chief Judicial Magistrate Brajesh Kumar issued the warrants against prime accused Chandan Sonar,...
  • Consequences if India fails to act on IPR, warns US lawmaker June 27, 2014

    Washington: A top US lawmaker warned India of "consequences" on its continued violation of intellectual property rights (IPRs) hoping the new government will address America's concerns regarding its policies that undermine IPRs. In his June 25 letter to United States Trade Representative (USTR) Michael Froman, Senator Orrin Hatch said, "I...
  • Income Tax department asks exCBI chief AP Singh to provide bank, property details June 19, 2014

    New Delhi: The Income Tax department on Thursday summoned former CBI Director AP Singh and his wife Shabnam Singh. The exCBI chief has been asked to provide details of his properties, bank accounts, lockers and credit cards. The investigation on Singh is in connection with the suspected case of tax...
  • Cyber crime costs global economy $445 billion a year: Report June 9, 2014

    London: Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. The report from the Centre for Strategic and International Studies (CSIS) said cyber...