Latest Realty News of Delhi NCR

Developers-to-Deposit-70%-of-Project-Cost-in-Separate-Account
Dec 10, 2015
New Delhi: The government on Wednesday reached out to the Opposition including the Congress by agreeing to incorporate in the Real Estate (Regulation and Development) Bill 2015, a provision requiring real estate developers to deposit 70 per cent of the project cost in a separate escrow account.
Housing-Prices-Down-15-20%,-No-Scope-for-Further-Cut:-Industry-Body
Dec 10, 2015
New Delhi: Housing prices have fallen by an average 15-20 per cent across the country in last 18 months and there is no scope for further reduction, realtors' apex body CREDAI said on Wednesday.
Hyderabad-most-affordable-metro-for-homes-
Dec 09, 2015
NEW DELHI: Hyderabad remains the most affordable metro for home buyers, followed by Ahmedabad and Kolkata.
Govt-to-push-for-passage-of-GST,-real-estate-bills-next-week
Dec 05, 2015
NEW DELHI: With repeated disruptions in second week of the winter session putting its legislative agenda on the back burner, the government has proposed heavy business in both Houses of Parliament next week, listing key legislation like GST and Real Estate bills for consideration and passage.
Chennai-floods:-Real-estate-one-of-the-worst-hit-businesses-
Dec 05, 2015
BENGALURU | MUMBAI | NEW DELHI: It's still too early to count the losses from the unprecedented floods and torrential rains in Chennai that have impacted people from all walks of life, but one of the worst hit businesses clearly is real estate.
Amrapali-to-develop-housing-project-worth-Rs-2,000-cr-for-govt-staff-
Dec 04, 2015
NEW DELHI: Realty firm Amrapali today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.
One-Third-Allottees-of-DDA-Housing-Scheme-Surrender-Flats
Dec 04, 2015
New Delhi: Nearly one-third allottees of Delhi Development Authority (DDA) flats under Housing Scheme 2014 have surrendered their flats, the Urban Development Ministry said on Thursday.
New-FDI-policy-impact-on-realty-to-be-more-long-term,-unlikely-to-increase-FDI-in-near-term:-Fitch-R...
Dec 01, 2015
NEW DELHI: Easing of investment norms under Foreign Direct Investment (FDI) policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term, ratings agency Fitch Ratings has said.
Xander-Group-plans-to-lap-up-more-realty-in-India-
Nov 30, 2015
BENGALURU: The Xander Group, which owns a portfolio of 66 million sq ft worth real estate assets in India, is looking to scoop up more across the retail, commercial and residential segments, the founder of the global investment firm said.
2015-to-see-absorption-of-31-million-sq-ft-of-office-space-in-top-Indian-cities:-Assocham-JLL-study-
Nov 27, 2015
NEW DELHI: With the sentiment among corporates across the country improving, net absorption of office space in India expected to be about 31 million sq ft by the end of 2015, according to a joint study by industry body Assocham and property advisory firm JLL.
Housing-for-All-may-boost-economy-by-3.5%-by-2022:-Ind-Ra-
Nov 27, 2015
MUMBAI: Prime Minister Narendra Modi's ambitious project Housing For All has the potential to push up the country's economy by 3.5 per cent by 2022 with sectors supplying crucial inputs to the construction industry being the biggest beneficiaries, says India Ratings.
ASK-invests-Rs-125-cr-more-in-ATS-group’s-project,-takes-total-investment-to-Rs-252--cr-
Nov 25, 2015
NEW DELHI: Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group's 20-acre Le-Grandiose project in Sector 150, Noida, taking its total investment in the project to Rs 252 crore.
HDFC-Realty,-iBidmyHome.com’s-online-home-auction-gets-bids-worth-Rs-155-crore-
Nov 24, 2015
MUMBAI: Property advisory firm HDFC Realty has received bids worth Rs 155 crore under its multi-property online auction of ready-to-move in apartments in 8 residential projects across Bengaluru, Chennai and Kochi.
Fitch-expects-residential-property-prices-to-remain-resilient-in-2016-
Nov 23, 2015
MUMBAI: Fitch Ratings has said that it expected residential property prices to remain stable as builders are option to offer easy payment solutions rather than lowering prices. This was indicated by Fitch Ratings on Monday in a report on the 'Outlook 2016: Indian Homebuilders.
Once-a-'Burger-King',-now-a-real-estate-mogul
Nov 23, 2015
MINNEAPOLIS, MINNESOTA: Mahendra Nath's investment journey began with a duplex many years ago. Using the profit he made out of a appreceiating real estate market, he bought two Burger King restaurants, and continued to grow. His Nath Companies now has 6500 employees working in multiple sectors.
Government-wants-passage-of-'amended'-real-estate-bill-this-session-
Nov 22, 2015
NEW DELHI: The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
GNIDA-cancels-allotment-of-100-acre-plot-to-Unitech-over-Rs-1,000-crore-dues-
Nov 21, 2015
GREATER NOIDA: The allotment of a 100-acre plot to real estate company Unitech BSE 0.28 % to build a group housing society has been cancelled by the Greater Noida Industrial Development Authority (GNIDA), which alleges the company owes it over Rs 1,000 crore and had failed to pay up for almost a decade.
Depressed-real-estate-market-proving-to-be-a-boon-for-organised-developers;-big-launches-lined-up-
Nov 21, 2015
NEW DELHI: The depressed real estate market is proving to be a boon for organised developers, which have continued to grow and gain market share although the broader market has been shrinking, said a Kotak Institutional Equities report.
Realty-firm-Prateek-group-raises-Rs-135-crore-from-Indiabulls-Housing-
Nov 19, 2015
NEW DELHI: Real estate developer Prateek group has raised Rs 135 crore from Indiabulls Housing Finance Company for its project Prateek Wisteria in sector-77 of Noida, said two people with knowledge of the matter.
Bengaluru-in-top-20-commercial-real-estate-investment-cities-
Nov 17, 2015
MUMBAI: After emerging as one of the top 20 technology-rich cities globally, Bengaluru has made debut in the list of top 20 commercial real estate investment cities in the world, says a Jone Lang LaSalle report.
Sector-150-in-Greater-Noida-mooted-as-model-of-real-estate-development-in-NCR
Nov 15, 2015
NEW DELHI: To boost infrastructure in the newly developed sectors along the Noida-Greater Noida expressway, Noida Authority has started working on several projects envisaging connectivity with Faridabad and Greater Noida. All projects along the Expressway were reviewed recently by Noida Authority, which is also taking up a project to develop the 45-meter road which will connect Kalindi Kunj to Greater Noida. This road will cut the travel time from Kalindi Kunj to Greater Noida to 10 minutes.
Vodafone-announces-Rs-13,000-crore-investment-plan-in-India
Nov 13, 2015
NEW DELHI: Vodafone on Thursday committed investments of Rs 13,000 crore (£1.3 billion) in India for capacity augmentation and new business initiatives.
New-FDI-norms-to-boost-affordable-housing-segment
Nov 12, 2015
NEW DELHI: Real estate industry today hailed the government's decision to relax FDI norms for construction sector saying the move would boost foreign investment into the housing sector, particularly affordable segment.
Government-Eases-FDI-Norms-for-Realty-Sector
Nov 11, 2015
New Delhi: With India's real estate industry facing a huge slowdown for last 2-3 years, the government on Tuesday relaxed foreign direct investment (FDI) norms in the construction sector by removing two major conditions related to minimum built-up area as well as capital requirement.
FDI-in-real-estate-becomes-more-transparent-and-flexible
Nov 11, 2015
MUMBAI: The centre has streamlined FDI in real estate, made it more transparent and offered greater flexibility to foreign investors to invest in India's property market, as part of a move to open up the economy even further.

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