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Maharashtra's Move To Hike Land Lease Rent In Bandra Not Arbitrary: High Court
The Bombay High Court has upheld the Maharashtra government's decision to increase the lease rent in Mumbai's Bandra based on Ready Reckoner (RR) rate, holding that it was not "arbitrary" as the suburb is a high-end real estate area.
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Sikkim Bans Homestays From Leasing, Renting Out To Any Third Party
The Sikkim government has banned homestay owners in the Himalayan state from leasing and renting their establishments to any third party, an official said on Tuesday.
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Google Leases Space At Noida's Adani Data Centre For Rs 11 Crore Per Month
Adani Enterprises has given on lease 4.64 lakh square feet of space at its data centre in Noida to Raiden Infotech, an entity of Google, for Rs 11 crore monthly rent, according to documents accessed by CRE Matrix.
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Why Are Most Lease Agreements In India Only For 11 Months?
Have you ever rented a house? If so, your landlord must have instructed you to sign a lease for an 11-month period. In India, this is usually the norm. Though the agreement may be renewed multiple times, have you ever wondered why most rental agreements are just for 11 months?
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18% GST (Tax) On House Rent: See Who Will Pay
Earlier, only commercial properties like offices or retail spaces given on rent or lease attracted GST.
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Rent-a-Robot: Silicon Valley’s New Answer to Labour Shortage in Smaller US Factories
Silicon Valley has a new pitch to persuade small companies to automate: rent-a-robot. Better technology and the need to pay higher wages to humans have produced a surge in sales of robots to big companies all across America. But few of these automatons are making it into smaller factories, which are wary of big upfront costs and lacking robot engin...
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Mobility Platform eBikeGo Introduces Electric Two-Wheeler Subscriptions For Easy Commuting
Electric two-wheeler mobility start-up eBikeGo has announced the launch of monthly subscription services of electric scooters starting from Rs. 3600 onwards. The new service is available for corporate companies that require fleet solutions to conduct or for individuals who want to avail of the service for commuting needs. The announcement comes ami...
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Google Said to Snub WeWork, Sign Toronto Lease With Co-Working Rival
Google signed a multiyear deal for about 24,000 square feet across two floors at IWG's Spaces location in Royal Bank Plaza, in the heart of the city's financial district, said people familiar with the matter.
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90-Year-Old, Claiming To Be PM Modi's Aunt, Awaits Property Rent Revision
A 90-year-old woman claiming to be the aunt of Prime Minister Narendra Modi has knocked on the doors of an appellate authority after failing to get satisfactory answers from the Labour Ministry on her Right to Information (RTI) application seeking details of lease renewal of a government dispensary running in her premises.
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Office Rents Jump In This Indian City, Says Realty Consultant
37 per cent of the overall space leased across India during the quarter was by the IT and ITeS companies, followed by banking companies.
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Surcharge Of 10 Per Cent On Stamp Duty For Cow Protection In Rajasthan
Conservation of cows in Rajasthan will entail a cost for those making rent agreements, mortgage papers and lease agreement as they will now pay a surcharge of 10 per cent on stamp duty for cow protection.
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Land Leasing, Renting To Attract GST From July 1
GST, which the government intends to roll out from July 1, 2017, will subsume central excise, service tax and state VAT among other indirect levies on manufactured goods and services.
-
Unitech Leases Office Space to Google, to Get Rs 600 Cr Rent: Report
Realty firm Unitech has given on lease a large office space in Gurgaon to Google, generating about Rs 600 crore of rental income over the next nine years.
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Abandoned London Station-Bunker Reportedly Used by Winston Churchill Up For Rent
An abandoned London station believed to have been used by Winston Churchill as a wartime bunker is up for rent, under plans to raising funds by leasing disused corners of the world's first underground railway.
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Madras High Court Directs Cosmopolitan Club to Pay Rs 25 Crore to Government
The Madras High Court has directed the more than 100-year-old Cosmopolitan Club in Chennai to pay Rs 25 crore to the Tamil Nadu Revenue Department by May 30 towards revised rent for 77.70 acres of prime land leased out to it for the past 25 years.
-
Maharashtra's Move To Hike Land Lease Rent In Bandra Not Arbitrary: High Court
The Bombay High Court has upheld the Maharashtra government's decision to increase the lease rent in Mumbai's Bandra based on Ready Reckoner (RR) rate, holding that it was not "arbitrary" as the suburb is a high-end real estate area.
-
Sikkim Bans Homestays From Leasing, Renting Out To Any Third Party
The Sikkim government has banned homestay owners in the Himalayan state from leasing and renting their establishments to any third party, an official said on Tuesday.
-
Google Leases Space At Noida's Adani Data Centre For Rs 11 Crore Per Month
Adani Enterprises has given on lease 4.64 lakh square feet of space at its data centre in Noida to Raiden Infotech, an entity of Google, for Rs 11 crore monthly rent, according to documents accessed by CRE Matrix.
-
Why Are Most Lease Agreements In India Only For 11 Months?
Have you ever rented a house? If so, your landlord must have instructed you to sign a lease for an 11-month period. In India, this is usually the norm. Though the agreement may be renewed multiple times, have you ever wondered why most rental agreements are just for 11 months?
-
18% GST (Tax) On House Rent: See Who Will Pay
Earlier, only commercial properties like offices or retail spaces given on rent or lease attracted GST.
-
Rent-a-Robot: Silicon Valley’s New Answer to Labour Shortage in Smaller US Factories
Silicon Valley has a new pitch to persuade small companies to automate: rent-a-robot. Better technology and the need to pay higher wages to humans have produced a surge in sales of robots to big companies all across America. But few of these automatons are making it into smaller factories, which are wary of big upfront costs and lacking robot engin...
-
Mobility Platform eBikeGo Introduces Electric Two-Wheeler Subscriptions For Easy Commuting
Electric two-wheeler mobility start-up eBikeGo has announced the launch of monthly subscription services of electric scooters starting from Rs. 3600 onwards. The new service is available for corporate companies that require fleet solutions to conduct or for individuals who want to avail of the service for commuting needs. The announcement comes ami...
-
Google Said to Snub WeWork, Sign Toronto Lease With Co-Working Rival
Google signed a multiyear deal for about 24,000 square feet across two floors at IWG's Spaces location in Royal Bank Plaza, in the heart of the city's financial district, said people familiar with the matter.
-
90-Year-Old, Claiming To Be PM Modi's Aunt, Awaits Property Rent Revision
A 90-year-old woman claiming to be the aunt of Prime Minister Narendra Modi has knocked on the doors of an appellate authority after failing to get satisfactory answers from the Labour Ministry on her Right to Information (RTI) application seeking details of lease renewal of a government dispensary running in her premises.
-
Office Rents Jump In This Indian City, Says Realty Consultant
37 per cent of the overall space leased across India during the quarter was by the IT and ITeS companies, followed by banking companies.
-
Surcharge Of 10 Per Cent On Stamp Duty For Cow Protection In Rajasthan
Conservation of cows in Rajasthan will entail a cost for those making rent agreements, mortgage papers and lease agreement as they will now pay a surcharge of 10 per cent on stamp duty for cow protection.
-
Land Leasing, Renting To Attract GST From July 1
GST, which the government intends to roll out from July 1, 2017, will subsume central excise, service tax and state VAT among other indirect levies on manufactured goods and services.
-
Unitech Leases Office Space to Google, to Get Rs 600 Cr Rent: Report
Realty firm Unitech has given on lease a large office space in Gurgaon to Google, generating about Rs 600 crore of rental income over the next nine years.
-
Abandoned London Station-Bunker Reportedly Used by Winston Churchill Up For Rent
An abandoned London station believed to have been used by Winston Churchill as a wartime bunker is up for rent, under plans to raising funds by leasing disused corners of the world's first underground railway.
-
Madras High Court Directs Cosmopolitan Club to Pay Rs 25 Crore to Government
The Madras High Court has directed the more than 100-year-old Cosmopolitan Club in Chennai to pay Rs 25 crore to the Tamil Nadu Revenue Department by May 30 towards revised rent for 77.70 acres of prime land leased out to it for the past 25 years.
