Latest Realty News of Andhra Pradesh

Sep 30, 2015
MUMBAI: Real estate developers have welcomed the RBI's decision to cut repo rate by 50 basis points, but have also appealed to banks to pass on the benefits to consumers by easing the home loan rates. The reduction in the banks' lending rate is also expected to lower the borrowing cost of builders and ease the pressure on interest outgo.
Sep 30, 2015
NEW DELHI: The sharp cut in repo rate is expected to give a fresh lease of life to the struggling real estate sector while lowering of risk weight for affordable housing loans is likely to add to the recovery.
Sep 29, 2015
The Reserve Bank of India (RBI) cut its policy interest rate to a 4-1/2 year low of 6.75 percent on Tuesday, in a bigger-than-expected move that, with inflation running at record lows, could help an economy in danger of slowing down.
Sep 29, 2015
VISAKHAPATNAM: With the demand for flats growing in the Port City, a large number of builders are entering into a joint development agreement with land owners for construction of apartment complexes.
Sep 28, 2015
KOLKATA: Drafting uniform land rules for all its areas seems to be one of the biggest tasks before the new Bidhannagar Municipal Corporation, once it starts functioning under a board of councillors from October. The challenge lies in the fact that the current norms for Salt Lake and Rajarhat are opposite of each other.
Sep 27, 2015
New Delhi: Real estate developers body CREDAI's NCR chapter has decided against buying cement from UltraTech and Lafarge, alleging that the firms are indulged in cartelisation and malpractices.
Sep 26, 2015
MUMBAI: The Mumbai board of the Maharashtra Housing Area Development Authority (Mhada) has asked the government to restore the floor space index (FSI) for redevelopment of its colonies to four from the current three.
Sep 25, 2015
he World Bank is in talks with the government to provide some initial funding for the latter's smart cities programme and the Amrut initiative for urban revitalisation.
Sep 24, 2015
VISAKHAPATNAM: Realtors in the districts of Visakhapatnam and Vizianagaram are rubbing their hands in glee as the demand for plots in the Vizag-Vizianagaram belt is witnessing a steady growth, which they claim is on account of the sharp increase in realty prices in the capital region of AP.
Sep 24, 2015
VISAKHAPATNAM: Realtors in the districts of Visakhapatnam and Vizianagaram are rubbing their hands in glee as the demand for plots in the Vizag-Vizianagaram belt is witnessing a steady growth, which they claim is on account of the sharp increase in realty prices in the capital region of AP.
Sep 24, 2015
MOHALI: Greater Mohali Area Development Authority (GMADA) earned more than Rs 170.93 crore through the auction of various commercial sites in the Sector-70, Community Centre on Wednesday. Commercial chunk, group housing, school, hotel and food court sites and Greater Mohali Area Development Authority (GMADA) were the top grossers.
Sep 24, 2015
NEW DELHI: The Delhi Development Authority (DDA) is planning to penalise real estate major Emaar MGF, the project developer of Commonwealth Games Village, for violation in construction of the project.
Sep 23, 2015
The embattled prime minister of Malaysia, facing mounting political turmoil and a parade of inquiries at home and abroad into a sovereign wealth fund that he oversees, is now coming under the scrutiny of American investigators as well.
Sep 22, 2015
NOIDA: Ten housing projects caught in the legal wrangle of demarcating an eco-sensitive zone around the Okhla Bird Sanctuary have received completion certificates from the Noida Authority, paving the way for 7,000 buyers to take possession of their homes.
Sep 22, 2015
MADURAI: The recent decision of the Tamil Nadu government to make solar power generation facility mandatory for buildings with more than four floors has not gone down well with many developers in the city, who are worried about the cost involved.
Sep 21, 2015
VISAKHAPATNAM: The Confederation of Real Estate Developers' Association of India (Credai) Vizag Zone has announced that the builders in the Port City have decided to postpone the proposed strike aimed at stopping all construction activity temporarily.
Sep 19, 2015
The Confederation of Real Estate Developers Association of India (CREDAI) has threatened to stop all ongoing construction works from September 21 if the government failed to supply quality sand at affordable prices.
Sep 19, 2015
MUMBAI/BENGALURU: The commercial real estate market is making a comeback after being in the dumps for over three years, with recent deals and a healthy pipeline indicating early signs of recovery, especially with large transactions picking up.
Sep 18, 2015
NEW DELHI: Within three months of launch of Housing For All scheme, a key poll promise of PM Narendra Modi, states are queuing up to tap into the funds for slum redevelopment.
Sep 17, 2015
KOLKATA: With the arrest of Rose Valley managing director Shibamoy Dutta, CBI sleuths say they may finally make certain inroads into how funds were siphoned off from the Ponzi firm.
Sep 16, 2015
NEW DELHI: The central government is working on putting in place a single window time-bound clearance system for layout approvals and building permissions by the beginning of next year, housing and urban development minister M Venkaiah Naidu said.
Sep 16, 2015
BENGALURU: More than 50 real estate agents and brokers on Tuesday morning attacked the headquarters of NoBroker, a home rental startup, at HSR Layout in southeast Bengaluru. They picketed the online house-hunting marketplace and shouted slogans, saying the company was ruining their livelihood.
Sep 16, 2015
VISAKHAPATNAM: Demanding that the AP government immediately look into the shortage of sand in the district, representatives of the Confederation of Real Estate Developers Association of India (Credai)'s Vizag zone threatened the government that builders will stop all civil works in the city from September 21 unless it does something to resolve the issue. The association urged chief minister N Chandrababu Naidu to intervene in the matter.
Sep 16, 2015
HYDERABAD: Andhra Pradesh has cancelled an agreement with Unitech Ltd for Integrated Vizag Knowledge City project in Visakhapatnam and forfeited Rs 255 crore, the firm paid for the land, for failing to meet targets.
Sep 15, 2015
Rapid urbanisation is setting the pace of the Indian construction industry and, by extension, the construction chemicals market. The government’s ambitious ‘Housing for All’ and ‘100 Smart Cities’ programs are key growth drivers for the construction chemicals sector.

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