Latest Realty News of Delhi NCR

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.
Delhi-NCR-New-Home-Launches-Down-14%-in-2015:-Property-Consultant
Jan 06, 2016
New Delhi: Launches of new homes fell 14 per cent in the Delhi-NCR market last year to nearly 23,000 units due to a slowdown in demand, according to a report by Cushman & Wakefield.
Dubai's-Emaar-Properties-Hires-Contractor-to-Restore-Fire-Ravaged-Hotel
Jan 04, 2016
Dubai's Emaar Properties has hired a local contractor to restore a fire-damaged hotel, stating on Sunday that the New Year blaze would have "no material impact" on the company because the building and risk of fire are covered by its insurance.
PEs-may-pump-in-more-money-in-real-estate-this-year-
Jan 02, 2016
MUMBAI/NEW DELHI: Real estate companies are expected to raise more money from private equity funds in 2016 than last year after the government simplified foreign direct investment norms for the sector last year.
Simpler-green-norms-for-real-estate;-environment-ministry-looking-to-decentralise-approval-powers
Jan 01, 2016
NEW DELHI: In the New Year, India's somnolent real estate market may finally get a much needed boost — builders may have to comply with only 12 to 24 environmental norms, depending on project size, instead of the 100 green rules that were originally proposed.
Realty-Sector-Eyes-New-Year-to-End-Multi-Year-Slowdown
Dec 30, 2015
New Delhi/Mumbai: With a multi-year slowdown continuing in 2015 despite abundant supply and fall in prices, the real estate market is desperately looking for a recovery in the New Year when a new law is also expected to herald the much-needed transparency and accountability in the sector.
Delhi-HC-issues-notices-to-CCI,-CREDAI-and-20-realty-developers-over-cartelisation,-matter-to-be-hea...
Dec 30, 2015
MUMBAI: Realty developers' troubles regarding allegations of cartelisation have got murkier as the petitioner has now moved the Delhi High Court against competition watchdog Competition Commission of India (CCI) itself.
JP-Morgan,-Apollo-Global-set-to-exit-BPTP-after-protracted-arbitration-battle-
Dec 30, 2015
NEW DELHI | BENGALURU: JP Morgan and Apollo Global Management are set to exit entity level investments in Gurgaon-based builder BPTP after a protracted arbitration battle.
Hong-Kong-Apartment-Sells-for-Record-$77-Million:-Report
Dec 28, 2015
Hong Kong, China: A luxury apartment in Hong Kong sold for a record 594.7 million Hong Kong dollars ($76.7 million), days before Christmas, making it the most expensive flat in the city and possibly in Asia, reports said on Friday.
DDA-to-put-up-10,000-rejected-flats-for-sale-in-March-
Dec 28, 2015
NEW DELHI: Nearly 10,000 DDA (Delhi Development Authority) flats will be available early in the new year, most of them one-bedroom accommodations surrendered by allottees of the 2014 housing scheme. The land-owning agency hopes to turn around the large scale rejection, unusual for DDA projects, by putting up the flats for sale around March, along with others returned or yet to be allotted under other schemes.
China's-Home-Prices-Continue-to-Rise
Dec 27, 2015
Beijing: China's housing market continued to rise in 2015 signalling further stabilisation, according to an industry report issued on Saturday.
Credai-Visakhapatnam-to-hold-Property-Expo-from-25-Dec-2015
Dec 24, 2015
VISAKHAPATNAM: The Visakhapatnam chapter of Confederation of Real Estate Developer's Association of India (Credai) is to hold the second Vizag Property Expo 2015-16 from December 25 to 27 at Visakha Function Hall in the city.
DLF-gets-Rs-1,992-crore-from-GIC-for-stake-sale-in-2-projects
Dec 24, 2015
NEW DELHI: India's largest real estate firm DLF has said that it has received Rs 1,992 crore from Singapore's sovereign wealth fund GIC after the completion of its deal to sell 50 per cent stake in two of its new projects in Delhi. DLF had earlier announced that it has signed an agreement with GIC to enter into a joint venture to invest in two upcoming projects located in central Delhi. The deal was later approved by the Competition Commission of India.
Fair-Trade-Regulator-Dismisses-Complaint-Against-Imperial-Housing
Dec 22, 2015
New Delhi: The Competition Commission of India (CCI) has rejected allegations of anti-competitive business practices made against real estate developer Imperial Housing Ventures.
Reliance-Communications-Sells-150-Flats-for-Rs-330-Crore
Dec 22, 2015
New Delhi: Reliance Communications on Monday said it had sold nearly 150 residential flats in Navi Mumbai for Rs 330 crore as part of its asset monetisation plans aimed at lowering debt.
Housing-Prices-Up-13.7%-in-July-September-Quarter:-RBI
Dec 19, 2015
New Delhi: Housing prices increased by 13.7 per cent during July-September of this fiscal year compared with year-ago period but the annual growth rate has slowed down, according to a report to the Reserve Bank of India (RBI).

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