high net worth individuals(HNI)
Middle Income group individuals have been waiting for home prices to reduce and hence the developers have surplus inventory of the ready to move in units. The high net worth individuals (HNIs) have been using this as an opportunity to buy these units at substantial discounts and the developers are forced to do so as the [...] Continue Reading »
There is a lot of confusion regarding the tax payments for real estate and infrastructure. Income-Tax Department is busy sending scrutiny notices on capital gains and interest earnings on the investments in various funds by high net worth individuals (HNI). However the HNIs are claiming that they are being told to cough up tax they insist [...] Continue Reading »
Analysts state that fast growing number of high net worth individuals (HNI) in India have pushed up the demand for luxury apartments. Approximately 40 per cent of the real estate sector caters to their investment portfolio. Rs 1 – 15 crore are witnessing higher demand in the cities such as Gurgaon, Bangalore and Pune. The [...] Continue Reading »
