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Missiles over Dubai unsettle investors as IPOs deals and property projects stall across the Gulf

Missiles over Dubai unsettle investors as IPOs deals and property projects stall across the Gulf

Dubai’s once-strong pitch as a safe financial haven is taking a hit. Regional conflict fears are disrupting transactions, slowing IPO activity and leaving billions in deal value stuck. Even Dubai’s property market and flagship projects are seeing delays and higher costs, pushing investors to demand tougher risk premiums and reassess exposure across the Gulf.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Archana Puran Singh recalls Rs 5 dreams and now eyes a sea facing Madh Island bungalow

Archana Puran Singh recalls Rs 5 dreams and now eyes a sea facing Madh Island bungalow

Actor Archana Puran Singh explored the idea of buying a new sea-facing home in Madh Island, Mumbai. In the process, she looked back at her early days there—when money was tight but ambition wasn’t. Today, she says her existing Madh Island properties are valued at Rs 70 crore and she also owns a farmhouse in Dehradun.

Summarised by Beize from a story on The Economic Times on 3 May 2026

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ED attaches Raheja Developers assets worth over 1110 crore in homebuyers fraud probe

ED attaches Raheja Developers assets worth over 1110 crore in homebuyers fraud probe

The Enforcement Directorate has attached assets worth more than Rs 1,100 crore linked to Raheja Developers, citing a money-laundering probe into alleged fraud against homebuyers. During recent searches, the agency seized bullion and foreign currency. It alleges that money collected from over 4,600 homebuyers was siphoned off and used for purposes unrelated to the projects.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Institutional real estate investment drops 52 but domestic capital surges across key cities

Institutional real estate investment drops 52 but domestic capital surges across key cities

Institutional real estate investment in India fell 52% even as domestic capital surged, leading foreign inflows for three straight quarters. Activity hit its highest first-quarter level since 2021, with offices drawing the most capital, followed by hospitality and residential. Delhi NCR, Chennai, and Bengaluru emerged as major investment hotspots.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
ITAT rules Rs 9.82 crore discount on DLF flat is not taxable income

ITAT rules Rs 9.82 crore discount on DLF flat is not taxable income

The Income Tax Appellate Tribunal (ITAT) has ruled that a property purchase discount is not taxable as income. In this case, a homebuyer received a Rs 9.82 crore discount on a Rs 32.95 crore DLF Camellias flat, after which the tax department issued a notice. The ITAT also allowed a Rs 9.65 crore capital gains exemption, reversing the lower authority’s view.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Budget 2026 eases compliance burden for buyers of NRI property with PAN instead of TAN

Budget 2026 eases compliance burden for buyers of NRI property with PAN instead of TAN

Union Budget 2026-27 reduces paperwork for resident individuals and HUFs buying immovable property from NRIs. Starting October 1, buyers won’t need to obtain or use a TAN to deduct tax at source. Instead, TDS reporting will be done using the buyer’s PAN, streamlining the compliance process for such transactions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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With property prices surging, $1 million now buys less space in Mumbai Delhi Bengaluru

With property prices surging, $1 million now buys less space in Mumbai Delhi Bengaluru

Prime residential property prices in India kept rising, reducing how much space $1 million can buy in Mumbai, Delhi, and Bengaluru. Despite all three cities moving up in global property affordability and market rankings, the purchasing power in real square footage tightened—highlighting how faster price growth is outpacing buyers’ expectations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
No PAN for property purchase Use new Form 97 income tax rules start now

No PAN for property purchase Use new Form 97 income tax rules start now

The Income Tax Department has replaced Form 60 with a new Form 97 for people without a PAN who complete certain transactions. This includes buying property above Rs 20 lakh up to Rs 45 lakh, opening bank accounts, and making specific cash payments. The change is meant to streamline compliance and reduce reporting for these declarations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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