Ajmera Realty Q1 Results: What Happened? Ajmera Realty & Infra India Ltd has reported impressive Q1 FY26 results, showcasing strong financial growth despite challenges in project approvals. The company recorded a 21.79% surge in net profit, reaching ₹38.28 crore compared to ₹31.43 crore in Q1 FY25. More importantly, its total income jumped by 32% YoY, touching ₹259.62 crore — the highest...
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Growth in Indian Real Estate for July–December: What’s Driving the Optimism? The growth in Indian real estate for July–December is gaining momentum, with both realtors and financial institutions showing renewed confidence in the sector. As per the recent Knight Frank–NAREDCO Real Estate Sentiment Index, the future sentiment score rose to 67, reflecting a strong belief in market...
Aniraj Tower Scam in Bhandup: Full Breakdown The Aniraj Tower scam in Bhandup has shaken the confidence of many homebuyers in Mumbai. This Slum Rehabilitation Authority (SRA) project, developed by Sudhanshu Infrastructure, was seen as a promising option for many seeking affordable flats in a central suburb. However, the situation took a drastic turn when multiple FIRs were filed, exposing alarming...
Undoubtedly, the Vikhroli East–West flyover marks a significant milestone in Mumbai’s infrastructure. Not only does the Vikhroli East–West flyover create a direct link between LBS Marg and the Eastern Express Highway, but it also slashes travel time by up to 30 minutes—especially during monsoon peak hours. Consequently, commuters now experience smoother and faster rides. Purpose &...
The Mumbai Thane rental market is one of the most dynamic yet challenging real estate segments in India. Tenants often struggle with fake listings, exorbitant brokerage fees, and unclear rental agreements. Meanwhile, property owners face difficulties finding reliable tenants and dealing with endless follow-ups. Even popular property portals and no-broker platforms often fall short in providing...
If you're paying rent for a flat in Mumbai, you need to know this: TDS on rent in Mumbai is now mandatory if your monthly rent exceeds ₹50,000. Yes, even if you're not a business or company. Let’s simplify this rule, so you don’t fall into legal trouble without even knowing it. 🧾 What Is TDS on Rent? TDS stands for Tax Deducted at Source. Under Section 194-IB of the Income Tax Act,...