Latest Realty News of Delhi NCR

Supreme-Court-allows-DLF-units-to-sell-shares,-rejects-Sebi-plea-for-restraint-order-
Nov 04, 2015
NEW DELHI: The Supreme Court today allowed three DLF subsidiaries to sell shares worth Rs 12,000 crore to reduce debt, declining the regulator's plea to prevent the real estate group's move. The DLF stock was up 3.9 per cent at 11:24 am on the Bombay Stock Exchange.
Supreme-Court-sets-2005-cut-off-on-women-right-to-ancestral-property
Nov 02, 2015
Delhi: In a ruling that will restrict the right of women seeking equal share in ancestral property, the Supreme Court has said that the 2005 amendment in Hindu law will not give property rights to a daughter if the father died before the amendment came into force.
Subsidies-Can't-Be-Essence-of-Survival-for-Realty-Sector:-Jaitley
Oct 31, 2015
Mumbai: Hopeful that the age of slowdown will end soon for the real estate industry, Finance Minister Arun Jaitley on Saturday said the sector must survive on market economy and subsidies should not be the "essence of survival".
Government-set-to-ease-housing-approvals
Oct 29, 2015
NEW DELHI: Government departments involved in granting approvals for construction projects in cities and towns will now come out with necessary notifications by November-end for streamlining approvals for time-bound and hassle-free clearances. This will mean applicants don't have to bring their cases to Delhi for different clearances.
CCI-Rejects-Charges-Against-Jaypee-Group;-2-Members-Dissent
Oct 29, 2015
New Delhi: By a majority order, the Competition Commission of India has dismissed charges of dominant market position abuse against Jaiprakash Associates in the real estate sector.
Tata-Housing-Sells-250-Flats-Worth-Rs-100-Crore-in-Goa:-Report
Oct 28, 2015
New Delhi: Realty firm Tata Housing has sold 250 flats, worth over Rs 100 crore, from its housing project at Goa.
Bhasin-Group-Plans-to-Build-Rs-150-Cr-Noida-Tower-in-99-Days
Oct 28, 2015
New Delhi: Realty firm Bhasin Group on Tuesday said it will invest Rs 150 crore on construction of a 33-storey commercial tower in Noida in mere 99 days, a sort of record for the national capital region.
Mere-Title-Transfer-in-Immovable-Property-Exempt-From-Service-Tax
Oct 27, 2015
New Delhi: In cases of sale of flats, transfer of title after the issuance of occupancy certificate will not attract service tax, the Finance Ministry said on Monday.
States-Asked-to-Evolve-Affordable-Housing-Policies-for-Low-Income-Groups
Oct 26, 2015
New Delhi: The Centre would hold discussions with the state governments about measures being taken to promote affordable housing projects for the Economically Weaker Sections (EWS) and Low Income Groups (LIG).
Realty-drought-no-bar-for-Private-equity's-thirst-for-startups
Oct 24, 2015
BENGALURU | MUMBAI: Private equity and venture funds' appetite for India's real estate portals and related startups has not waned despite sales in the sector winding down, industry data shows. The segment has attracted nearly $250 million, or over Rs 1,600 crore, in investments in the last 18 months mainly from Helion Ventures, Nexus Venture Partners, SoftBank Group, Accel India, Horizen Ventures, Qualcomm Ventures and Nirvana Ventures.
Indians-Invest-$2-Billion-in-Dubai-Real-Estate-in-First-Half-of-2015
Oct 24, 2015
Mumbai: Indians invested nearly $2 billion in the Dubai's real estate during the first half of this year.
Gearing-up-for-an-investment-push,-real-estate-private-equity-funds-go-on-a-hiring-spree-
Oct 22, 2015
MUMBAI: Sanjay Grewal, IDFC's board member is joining Altico Capital, the nonbanking financial arm of Clearwater Capital. RK Narayan of Jones Lang Laalle is moving to head the $400 million real estate fund of Macquarie Group. There are more than half a dozen top-level hires in the last couple of months among real estate private equity funds.
Singapore's-GIC-forms-JV-to-invest-in-India-office-project-
Oct 22, 2015
SINGAPORE: Singapore sovereign wealth fund GIC has formed a 50-50 joint venture with Tishman Speyer to invest in the developer's office project in the southern Indian city of Hyderabad, the firms said in a joint statement.
Indiabulls-Real-Estate-Gets-Plan-Approval-for-London-Project
Oct 22, 2015
New Delhi: Indiabulls Real Estate has received approval from a UK authority for the plan to redevelop its project in London.
Tata-Housing-close-to-raising-Rs-3,200-crore-for-luxury-housing-across-top-5-cities
Oct 21, 2015
MUMBAI: Tata Housing is in advanced-level talks with a few institutional investors to raise Rs 3,200 crore for its upcoming premium and luxury residential projects across top five cities.
Debt-funds-fail-to-deliver-interest-payments-as-real-estate-languishes-
Oct 20, 2015
MUMBAI:It's a wager gone terribly wrong. Rich savvy investors, who invested in real estate debt funds expecting higher yields and capital protection, are spending sleepless nights as they have not been receiving regular interest payments over the past year. Some of these investments may go down the sewer unless there is an immediate uptick in property sales and a resultant revival in the real estate sector, wealth managers and analysts opine.
Trial-court-orders-builders-must-pay-customers-for-damages,-delays
Oct 19, 2015
NEW DELHI: In a significant order, a trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.
Mumbai-plans-to-build-multi-storey-towers-with-shipping-containers-in-Dharavi-
Oct 17, 2015
Imagine this: bang in the middle of one of India's largest slums, Dharavi, a skyscraper rises. It's no ordinary high-rise made of bricks and cement.
Raghuram-Rajan-Boosts-PM-Modi's-Goal-of-Housing-For-All-by-2022
Oct 17, 2015
Mumbai: Prime Minister Narendra Modi's goal to put a roof over India's 1.3 billion people just got a lift.
Real-estate-association-goes-on-strike-over-suicide-of-developer
Oct 15, 2015
KOZHIKODE: Confederation of Real Estate Developers Association of India (Credai) observed a protest throughout the state on Tuesday against the harassment meted out to a builder in Thane by officials that led to his suicide.
Credai-wants-industry-status-for-real-estate
Oct 15, 2015
NOIDA: Realty developers' body Credai's NCR chapter on Wednesday demanded industry status for real estate as they observed a strike in protest against the "difficulty in doing business".
New-Rules-Give-Government-Employees-More-Time-to-File-Property-Returns
Oct 14, 2015
New Delhi: The Centre has notified new rules to extend by six months, till April 15 next year, the deadline for central government employees to file details of their assets and liabilities along with that of their spouses and dependent children, as mandated under the Lokpal Act.
NCR-Credai-demands-industry-status-for-real-estate
Oct 14, 2015
NOIDA: Credai members from across NCR on Tuesday observed a protest strike against the issue of 'difficulty in doing business.' All transactions and constructions were brought to a standstill while the builders gathered to submit deputations with the offices of the district magistrate and the chairman of Noida Authority.
Fitch-Ratings-Assigns-Stable-Outlook-to-Indiabulls-Real-Estate
Oct 13, 2015
New Delhi: Fitch Ratings has given a 'stable' outlook to Indiabulls Real Estate and expects the realty firm's debt to reduce by more than Rs 700 crore this fiscal year.
CREDAI-to-observe-token-strike-to-show-solidarity-with-Suraj-Parmar
Oct 12, 2015
MUMBAI: Realty developers' body Confederation of Real Estate Developers' Association of India (CREDAI) will be observing a token strike on Tuesday to mark solidarity to Late Suraj Parmar, President of Thane chapter of Maharashtra Chamber of Housing Industry (CREDAI-MCHI). Last week, Parmar ended his life due to alleged harassment from various government departments and their repeated demands for bribes.

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