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urbanisation, infrastructure development and housing affordability is expected to push growth of real estate development across key tier II cities including Bhubaneswar, Coimbatore, Indore, Jaipur, Kochi, Lucknow, Nagpur, Surat, Thiruvananthapuram, and Visakhapatnam. A joint study conducted by Cushman & Wakefield and the Confederation of Real Estate Developers' Associations of India (CREDAI), has identified 17 cities across India based on healthy traction in overall real estate development, organised retail penetration, and mature residential market development. Of these cities, the cities mentioned above have been identified as the 10 emerging cities that hold the highest potential for growth in the foreseeable future. The cities have been selected based on indicators pertaining to population, infrastructure, talent pool, income, and ease of living, among several factors. While Delhi NCR, Mumbai, Bengaluru, Pune, Hyderabad, Chennai, Kolkata, and Ahmedabad continue to be the key 8 real estate markets, the study anticipates that these 10 tier-II are soon going to add more power to the India-growth-story. “As India continues its remarkable journey of economic growth and witnesses a higher rate of urbanization, we anticipate newer cities to fuel the future growth of the commercial real estate market.

Jay Sandesh building in Goregaon West. As per the officials, the affected persons were rushed to a trauma centre at Jogeshwari and civic-run Cooper Hospital at Juhu. Before firefighters arrived at the scene, the blaze had covered the building from all sides.

lexible workspace provider IndiQube is planning to add 35-40 properties to its pan-India portfolio in the next financial year, including expansion in tier-2 cities, said the company’s co-founder and chairman Rishi Das.

reported. In January, Union Road Transport Minister Nitin Gadkari also shared pictures of the Vadodara-Virar section on social media site X (formerly Twitter). “Stunning views from Vadodara-Virar Section of Delhi-Mumbai Expressway.

Air India on Friday announced that it has commissioned a mega warehouse facility in Delhi to facilitate storage of over 1,000,000 engineering spares that are integral to maintenance, checks and repairs of its aircraft and ground support equipment. The airline said the move will further enhance Air India’s fleet and operational efficiency and strengthen India’s expanding aviation ecosystem. Located in the proximity of Terminal 3, at the Cargo complex of Delhi Airport’s Air Cargo Logistics division, the centralized warehouse sprawling 54,000 sq. ft.

MUMBAI (Reuters) — The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, with investors more focused on the regulator's liquidity management plan amid a resurgence in inflation.

The fire-affected residents were rushed to a trauma centre at Jogeshwari and the civic-run Cooper Hospital at Juhu, the official said. Of them, doctors declared sevenincluding two minors.

₹300-1,000 on airfares due to the steep rise in jet fuel prices, the airline said. The surcharge will be added to airfares booked from 6 October onwards. “The decision follows the significant increase in aviation turbine fuel (ATF) prices, which have surged in the last three months with consecutive price hikes every month," the airline said.

Mumbai: Indian payments service provider Mobikwik expects to report full year profits at the end of FY24, as it becomes IPO (initial public offering) ready, co-founder and chief operating officer Upasana Taku said in an interview on Thursday. Mobikwik (operated by One Mobikwik Systems Pvt Ltd) reported its half-year revenues at ₹385 crore for H1 FY24 and ₹8 crore of profit after tax on Thursday. “We have grown 58% in revenues over what we did last year at this time.

I am a senior citizen living in the UK for some years now and earn interest income from NRO (non-resident ordinary) and NRE (non-resident external) deposits in India, rental income from property at Bengaluru, as well as capital gains on sale of some old shares in August. Is it true that a senior citizen is not required to pay advance tax? —Name withheld on request Under Indian tax law, a taxpayer is required to pay advance tax when the total tax liability exceeds ₹10,000 in a financial year.

₹200 crore- spent on the bash was paid entirely in cash. The ED investigation has shown that the Mahadev Online Book App is run from a central head office in the United Arab Emirates (UAE), officials said. It operates by franchising "Panel/Branches" to their known associates on a 70-30 profit ratio, the agency had said.

Airline Indigo on Thursday introduced fuel charges due to rising Aviation turbine fuel (ATF) prices on its domestic and international routes. The said charges will come into effect from October 6.

₹20,000 a month. On top of that, close-knit groups often head out for big-ticket health retreats or costly treks. If this is the investment needed for basic participation in the fitness race, then those who have educational loans to pay off, or other family-related financial burdens, find themselves at an instant disadvantage.

Bizongo, while announcing a funding of $50 million in an all-staff call, fired about 50 employees, amounting to about 15% of the total workforce, sources in the know told ET. The Mumbai-based startup’s cofounder and chief executive Sachin Agrawal informed employees of the decision in a town hall at 10 am on Wednesday when ET reported on the funding round from existing investors led by Schroder Adveq, a Zurich-based private equity firm.

Lamborghini and a Ferrari. The collision resulted in the unfortunate demise of a Swiss couple, namely Markus Krautli and Melissa Krautli, and also led to the overturning of a camper.

New Delhi: In a bid to strengthen direct connectivity between India and Uganda, the state carrier Uganda Airlines plans to offer direct flights to Delhi and Chennai. The move aims at tapping the demand potential across the Indian community with trade links in Uganda along with leisure traffic, a senior executive at the airline told Mint in an interaction. The airline will launch its first direct flight with the Indian market on 7 Oct with a direct flight between Mumbai and Entebbe.

tax deducted at source (TDS) while paying house rent, payments to contractors, etc., if the amount exceeds the specified limit. The tax must be deducted within the specified timelines under the Income Tax Act, 1961. Further, the tax deducted must be deposited with the government within the given time frame. If one or both of these were not done by an individual (liable to deduct TDS), then he/she will have to pay a penalty. Apart from deducting and depositing TDS, an individual must also file a TDS return. Failure to do that will result in a penalty as well. Hence, an individual will be liable to pay three types of penalties if:

Cricket enthusiasts all over the world are waiting with bated breath for the first match of the ICC Men’s Cricket World Cup, which commences today. Tech giant Google, commemorated this event with an animated doodle. The cartoon showcases two adorable ducks marching between the wickets, bats in their hand. On clicking the doodle, you will be directed towards the tournament schedule.

Also Read: ICC World Cup 2023: Zaheer Khan predicts four semi-finalists— England, India, Pakistan, Australia Meanwhile, only four teams will progress to the knockout stage, which consists of two semi-final matches and one cup final in Ahmedabad. The tournament will be played all across India, at stadiums in Ahmedabad, Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, Lucknow, Dharamsala and Pune.

global markets, as the continued surge in the US benchmark 10-year bonds to a 17-year high resulted in risk-off sentiment intensifying. Foreign portfolio investors dumped shares worth ₹4,424 crore during the day, with bank and auto stocks facing the biggest brunt of the selloff. The Sensex dropped 286 points, or 0.4%, to close at 65,226.

MUMBAI : The founders of Great Learning are trying to line up investors to buy back the online education provider from Byju’s, two people aware of the discussions said. The management buyback will allow the founders to continue to run the firm and receive equity payouts in return. The proposed buyback follows Byju’s efforts to monetize some of its assets to repay its lenders.