Latest Realty News of Delhi NCR

Bought-A-Property?-This-Small-Mistake-Could-Serve-You-A-Tax-Notice
Jun 27, 2016
If you have bought a property worth Rs 50 lakh or more, according to income tax rules you are liable to deduct a tax at source, or TDS, at the rate of 1 per cent from the payment to the seller.
'FDI-Reforms,-REIT-Rule-Relaxations-To-Boost-Realty-Sector'-
Jun 24, 2016
NEW DELHI: Reforms in FDI policy and relaxation of norms in Real Estate Investment Trusts (REITs) will benefit the realty sector, especially the commercial segment, property consultant CBRE today said.
Worli-In-South-Mumbai-New-Housing-Destination-For-Super-Rich:-Report
Jun 23, 2016
New Delhi: Worli in South Mumbai has become the new luxury residential destination for super-rich and celebrities with the likes of Virat Kohli, Akshay Kumar and business tycoon Ajay Piramal buying properties in this area, a report said.
4-Booked-For-Property-Fraud
Jun 21, 2016
GURGAON: Four people have been booked for taking loan after submitting fake documents of a property. The accused include two women. The accused had sought a loan of Rs 1.55 crores by submitting fake property papers.
Tata-Housing-sells-over-200-flats-in-Gurgaon-for-Rs-300-crore-
Jun 21, 2016
NEW DELHI: Realty firm Tata Housing has sold more than 200 flats for about Rs 300 crore in its residential project in Gurgaon.
Realty-Firms-Hope-for-Housing-Sales-Revival-Post-Rate-Cut
Apr 07, 2016
New Delhi: Interest on home loans is expected to come down helping a revival of housing sales following the Reserve Bank of India's lowering of policy rate by 0.25 per cent today, say realty experts.
Govt-confident-about-timely-creation-of-real-estate-regulators
Apr 06, 2016
New Delhi : Urban Development Minister M Venkaiah Naidu today said he was confident that each state would be able to set up its regulator for the real estate sector within a year as envisaged in the Bill passed by Parliament.
RBI-cuts-repo-rate-by-25-basis-points
Apr 05, 2016
The Reserve Bank on Tuesday cut the key interest rate by 0.25 per cent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors.
DDA-plans-housing-schemes-in-Dwarka,-Vasant-Kunj,-Rohini
Mar 12, 2016
NEW DELHi: The Delhi Development Authority (DDA) plans to build new housing projects in Dwarka, Vasant Kunj and Rohini.
Big-cheer-for-home-buyers-!-Rajya-Sabha-passes-Real-Estate-Bill
Mar 10, 2016
NEW DELHI: A bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by the Rajya Sabha today.
Budget-2016-to-boost-demand,-supply-of-affordable-homes
Mar 01, 2016
NEW DELHI: Budget proposals as positive for the real estate sector, industry players said that tax sops for first home buyers and incentives on development of affordable housing projects will help revive demand in the sluggish property market.
Indians-Third-Biggest-Investor-in-US-Property-Market:-Brokerage
Jan 29, 2016
New Delhi: Indians are the third biggest international investor community in the US realty market, global brokerage Sotheby's International Realty said.
Realtors-see-business-opportunity-from-Smart-City-projects-
Jan 29, 2016
NEW DELHI: Realtors' body CREDAI today hailed the selection of first 20 cities for 'Smart City' programme, saying the initiative would provide great opportunity for the real estate development, particularly in the affordable home segment, with improvement in infrastructure of these towns.
How-to-maximise-returns-from-commercial-realty
Jan 27, 2016
With over 70% of investors expecting improvement in sales over the next 12 months, the Indian realty market may be heading towards a revival in 2016, a research report by property consultant JLL India and Royal Institute of Chartered Surveyors (RICS) says. And surprisingly, Bengaluru has pipped the Natonal Capital Region to become the second preferred investment destination for the investors after Mumbai. But the positive sentiment is driven by rising demand for commercial realty, not for reside
Net-Office-Space-Leasing-Drops-44%-in-Delhi-NCR-During-2015
Jan 27, 2016
New Delhi: Net office space absorption fell sharply by 44 per cent in Delhi-NCR during last year to 3.83 million sq ft as leasing transactions largely pertained to relocation, consolidation and renewals of spaces.
Godrej-Properties-enters-Noida,-ties-up-with-Lotus-Greens-
Jan 25, 2016
NEW DELHI: Godrej Properties has signed a development management agreement with NCR-based builder Lotus Greens to build a housing project on 36 acre land parcel in sector 150 of Noida. This is its first foray into the Noida market.
Why-housing-prices-have-dipped-on-Noida-Expressway-
Jan 23, 2016
Radiating out from Delhi into the National Capital Region are two expressways. The one in the east runs 22 km through Noida and Greater Noida. The other in the south stretches for 18 km between Dwarka and Kherki Daula. On either side of both these expressways are vast expanses that have been opened up for development by realtors.
How-delayed-delivery-costs-customers-buying-homes-on-loans-
Jan 20, 2016
2016 may be a good year to buy a home. Property prices have remained stagnant for almost a year. While the quoted inventory prices may not have changed, better deals are available in terms of spot discounts, flexible payment plans and freebies across most major residential markets. So, this may be the best time to haggle hard and book a property. "Right now, buyers can get up to 20% additional values in the form of freebies and discounts," says Muddasir Zaidi, national director, residential, Kni
Property-Prices-Soften-by-1%-in-Delhi-NCR:-Report
Jan 20, 2016
New Delhi: Property prices fell by an average one per cent in the Delhi-NCR during October-December period compared with the previous quarter on higher supply, according to a report by property portal 99acres.com.
Following-SC-observation,-real-estate-companies-say-building-plans-approved-only-after-environment-c...
Jan 18, 2016
NEW DELHI | MUMBAI | BENGALURU: Real estate companies in top metros have said that local government bodies approve building plans only after the project has been granted environment clearance. This follows the Supreme Court's Friday observation that housing projects must get environment clearance before work can start.
Govt-confident-of-getting-real-estate-bill-passed-in-budget-session
Jan 18, 2016
NEW DELHI: With lakhs of home buyers being exploited by private builders and developers, the government plans to bring the real estate bill to Parliament in the first half of the budget session and is confident of its passage.
Pune,-Hyderabad,-Navi-Mumbai-in-10-Affordable-Property-Markets:-JLL-India
Jan 12, 2016
New Delhi: Hyderabad, Pune, Navi Mumbai, and Ahmedabad were among the 10 affordable property markets in the country where flats were available within the budget of Rs 30-50 lakh, according to JLL India.
Ficci-Chief-Advocates-Soft-Loans-to-Boost-Low-Cost-Housing
Jan 10, 2016
New Delhi: Government needs to look at the possibility of providing soft loans of Rs 10-20 lakh for purchase of houses to give a boost to the realty sector and investment cycle, says newly-elected Ficci president Harshavardhan Neotia.
Head-of-PACL-Arrested-Over-Alleged-Rs-45,000-Crore-Investment-Scam
Jan 09, 2016
New Delhi: Central Bureau of Investigation (CBI) on Friday arrested the founder of PACL Ltd over allegations the property company cheated investors of $6.8 billion (about Rs 45,000 crore), in what local media is calling the country's biggest financial scandal.
Complaint-Against-DLF-Rejected-by-Fair-Trade-Regulator
Jan 07, 2016
New Delhi: The Competition Commission of India (CCI) on Wednesday rejected a complaint of anti-competitive practices made against realty major DLF relating to a project in Gurgaon, Haryana.

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