Properties in Srisailam Highway Hyderabad

While process is on to acquire land for the Delhi-Mumbai Express Highway, the National Highways Authority of India (NHAI) on December 25 approved a plan to extend it to the Ring Road near the DND flyway. To do that, the NHAI will build a six-lane 59-km access-controlled road from the Western Peripheral Expressway (WPE) near Sohna that will also bring Manesar closer to the national capital. The Delhi-Mumbai Express Highway, the access-controlled highway that is being built under the Bharatmala Pariyojna Programme, will connect India's national and financial capitals, and will reduce the travel time between the two cities from 20 hours to a mere 12 hours.

The Haryana Shahari Vikas Pradhikaran on January 9 opened a five-kilometre road that would end the trouble of the residents living in new Gurgaon sectors. This four-lane road connecting the Southern Peripheral Expressway with the National Highway-48 will now allow commuters to reach Manesar and Sectors 81 to 95 without having to pay a toll.

Prime Minister Narendra Modi on January 9 announced infrastructure and housing projects worth Rs 3,168 crore in Maharashtra’s Solapur. The projects include the four-lane laned Solapur-Tuljapur-Osmanabad section on the National Highway-211 and a housing project under the Pradhan Mantri Awas Yojana. The housing project, being launched among the many infrastructure projects, would be constructed at a cost of Rs 1,811.33 crore. Under this project, over 30,000 homes will be built for the low-income group and economically-weaker section categories.

When you sell assets such as stocks, bonds, bullion and real estate, you are supposed to pay taxes — short-term and long-term — on the profit margin. This is known as the capital gains tax. For capital gains to be considered long-term, the period is three years for real estate assets and one year for equities. A seller also has to pay long-term capital gains tax on the property attained as a gift or in inheritance. In such cases, the cost of acquisition of property will be considered to be the price at which the previous owner bought the property. MakaanIQ on how to save long-term capital gains tax on property sale.

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.