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    Wife pays no income tax after selling two houses for Rs 6 crore gifted by her husband, wins case in ITAT Mumbai; here’s how it happened

    A Mumbai woman sold two flats gifted by her husband for Rs six crore. She did not pay income tax on the sale as she claimed Section 54 Long Term Capital Gains (LTCG) exemption. The Income Tax Appellate Tribunal (ITAT) Mumbai ruled in her favor. The flats were originally bought by her husband for Rupees fifty-one lakh. She reinvested the sale money in another property owned by her husband.

    75-year-old billionaire Niranjan Hiranandani successfully takes up Milind Soman's pushup challenge, proves age is no bar for fitness

    Niranjan Hiranandani, the 75-year-old billionaire and co-founder of the Hiranandani Group, took on Milind Soman's pushup challenge, successfully completing 20 pushups alongside the fitness icon. The moment was captured in a video shared on Instagram, proving that age is no barrier to maintaining physical fitness. Hiranandani's participation highlights the importance of health and endurance, serving as an inspiration for individuals of all ages to stay active and challenge themselves, regardless of their years.

    US IT professional asks if Rs 1 crore salary ok for Mumbai? Some netizens say not worth shifting

    A Reddit post by a US-based IT professional planning to move to Mumbai has attracted attention. With a job offer worth ₹1 crore annually and solid savings, the user sought advice on expected lifestyle changes. Comments ranged from optimistic views on comfortable living to concerns about daily life challenges in the bustling city.

    Hiranandani earmarks Rs 2,000 cr for premium housing project in Mumbai’s Powai

    Hiranandani Group plans to invest over Rs 2,000 crore in developing a premium residential project in Mumbai's Powai area. The first phase will consist of around 3.3 lakh sq ft of saleable space, with the entire development covering nearly 5 lakh sq ft. The company has already started construction and has sold 150 apartments worth Rs 1,100 crore.

    Brookfield Asset Management plans to raise $600 million through REIT issue

    The global investor is looking to list the REIT by mid-December or early January, said two persons with direct knowledge of the development.

    Realtors see housing demand pick up with festive offers, stamp duty cut

    For instance, Hiranandani Group has launched an assured rental scheme for 1 bedroom apartments at its project Regent Hill in Hiranandani Gardens Powai. The company will offer rental of Rs 50,000 on this purchased apartment with 5% assured capital appreciation for the next five years.

    The Economic Times
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