India homes

Govt may form database on suppression of property sales amount

In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty.

Sep 16, 2014, 15:42 PM IST

'Wealthy Indians prefer their 2nd home in London, New York'

India's multi-millionaires prefer to buy their second homes in leading global financial centres, including London, New York and Singapore, says a report.

Sep 09, 2014, 17:26 PM IST