It turns out that Prince wasn’t just an incredible musician, but also a prolific real estate investor—and maybe a closet gold bug. The enigmatic singer had acquired $25.4 million worth of real estate and other personal property at the time of his death last year, according to a file released ... Read More »
For many buyers, the joy of receiving possession of their homes is fast turning to dismay as they cannot rustle up the finances for relocation – that too in cash. Builders too are citing demonetisation and the subsequent labour crunch as reasons for delay in projects getting completed on time. ... Read More »
There are several reasons why black money exists within real estate, and some of these are natural consequences of legacy structural issues. The most complex issue is that of tax. Taxation in real estate is considerably regressive. The corrupting areas in real estate – land transactions, for the most part, ... Read More »
Crooks sabotaging the nation’s war on black money be warned. A series of investigative stories by India Today exposing the black-market trade of defunct currency has stimulated the Modi government to act tough on the rot. According to highly-placed official sources, the government has ordered a clampdown on touts, shadowy ... Read More »
Superstar singer Adele is rolling in the cash after making a £350,000 profit on her luxury villa on a beachfront resort known as Millionaire’s Row. The Rolling in the Deep singer, 28, bought the Art Deco property for £2.5million in 2012 but has now made a tidy sum after selling ... Read More »
We’ve been talking about society’s transition to a cashless society for a long time, but it begs an important question: Can stores and other retail establishments refuse to take your dollars and cents? As odd as it sounds, this is not hypothetical anymore as a small number of stores and ... Read More »
LONDON – A growing roster of developing states are turning to their compatriots abroad to raise cash by marketing “diaspora bonds”, a funding strategy successfully pioneered by India and Israel but sometimes tricky to imitate. Some 250 million people, around 3 percent of the world population, live outside their native ... Read More »
A growing roster of developing states are turning to their compatriots abroad to raise cash by marketing “diaspora bonds”, a funding strategy successfully pioneered by India and Israel but sometimes tricky to imitate. Some 250 million people, around 3 percent of the world population, live outside their native countries, according ... Read More »
