Latest Realty News of Karnataka

Sebi prohibits two realty firms from raising funds
Nov 25, 2014
Mumbai: Clamping down on unauthorised real estate investment plans, Sebi barred two real estate companies as well as their directors from raising funds from public
India needs 25 million housing units, will touch 38 million by 2030
Nov 25, 2014
New Delhi: The EWS Housing scheme alone requires 23 million units, even as The Delhi Development Authority (DDA) has launched its biggest housing scheme
Real Estate Bill Won't 'Strangulate Pvt Investment': Venkaiah Naidu
Nov 24, 2014
NEW DELHI: Union Minister Venkaiah Naidu assured that the proposed Real Estate Bill will not "strangulate private investment"
Karnataka to go after 'big encroachers' of land
Nov 22, 2014
Bengaluru: Karnataka High Court’s direction to the state government to act against big encroachers of government land and to clear encroachments of over five acres
Blackstone to buy GE's real estate in Japan for $1.6 bn
Nov 22, 2014
Tokyo: US private equity firm Blackstone said it would buy the residential real estate arm of General Electric's property unit in Japan for more than 190 billion yen (USD 1.6 billion)
‘Real estate development and focus on affordable housing will keep growing’
Nov 21, 2014
Mumbai: With land in possession for building over 50 million sq ft, the real estate arm of the Shapoorji Pallonji is now shifting focus to the residential space
Vikram Pandit, JM Financial to invest Rs900 crore in real estate NBFC
Nov 20, 2014
Bengaluru/Mumbai: Vikram Pandit, former chief executive officer of Citigroup Inc., and Mumbai-based JM Financial Ltd are investing Rs.900 crore in the latter’s real estate-focused non-banking financial company (NBFC)
Global firms in talks to invest in Indian realty
Nov 20, 2014
New Delhi: Property and equity firms from Malaysia, Singapore and other Asian countries are weighing the Indian real estate market
Probe against realty firms is in progress: CCI chief Ashok Chawla
Nov 20, 2014
NEW DELHI: Competition Commission of India said the probe into suspected unfair business practices by around 20 realty players is in progress
Steve Waugh launches real estate agency to sell luxury houses to Indian expats
Nov 20, 2014
Waugh Global Realty to sell off-the-plan investment properties, largely apartment complexes in the outer suburbs of India's big cities
Mumbai top investment destinations among UAE based Indians
Nov 19, 2014
DUBAI: Despite high property prices, India's commercial capital Mumbai has once again emerged as the most popular and attractive property investment hotspot amongst the UAE-based Indian expats
Realty firm on govt land-grabbers' list
Nov 19, 2014
Bengaluru A leading real estate firm and five individuals have encroached upon 102.37 acres of government land
Govt makes a killing, but builders face cash crunch
Nov 18, 2014
Bengaluru: The steep hike of 15-25% in the guidance value of residential properties in Bengaluru, which kicked in last week, impacts all stakeholders
Realty players’ profits rise as consumer sentiment improves
Nov 18, 2014
Mumbai: Muted growth continues for listed real estate players pan-India, with most companies reporting a marginal rise in net profit for the second quarter
Hike in guidance value may hit flat buyers
Nov 15, 2014
Bengaluru: The recent revision of guidance values will increase apartment prices and add to the burden of people who are yet to register properties bought years ago
Alembic launches realty project in Bengaluru
Nov 15, 2014
Ahmedabad: Alchemy Real Estate, real estate arm of the 107-year-old Vadodara-based Alembic Group of companies is all set to enter the Bengaluru real estate market with the launch of luxury apartment project ‘Urban Forest’
Official land rate touches Rs 20,000 per sq ft in Bengaluru
Nov 14, 2014
BENGALURU: Residential land prices in Bengaluru are set to go north with an increase in guidance value
Govt funds only for performing cities, states: Venkaiah Naidu
Nov 14, 2014
Ahmedabad: Union minister for urban development, housing and urban poverty alleviation Venkaiah Naidu said that in coming days central government will fund only those states or cities which are ready for reform and have good performance record
Guidance value set to rise in Bengaluru, citizens rush to register
Nov 12, 2014
BENGALURU: Long queues were seen at sub-registrar offices in the city ahead of an increase in guidance value for properties by 15-30%
S&P, MSCI to make real estate a new index industry sector
Nov 12, 2014
A change in the way publicly traded companies are categorized will result in the creation of a separate real estate sector
Black money: New trail in tax haven probe leads to cash, property in UK, UAE
Nov 07, 2014
New Delhi: The government’s crackdown on black money parked abroad has received a boost with tax authorities unearthing fresh evidence exposing real estate assets and large amounts of cash routed illegally
Govt to issue clarification on FDI in construction
Nov 07, 2014
New Delhi: The government will soon issue some clarifications on the rules for foreign direct investment (FDI) in construction
JLL expects $10 bn of properties to go Reit way
Nov 07, 2014
Bengaluru: Jones Lang LaSalle (JLL) Property Consultants, said as much as $10 billion worth of commercial property can be structured as Real Estate Investment Trust
Aadhaar can curb black money in real estate
Nov 07, 2014
Finance Minister Arun Jaitley, in an interview, said that to curb the use of black money in property deals, the Government is considering linking real estate transactions with Aadhaar
Urban housing deficit more than 18 million: Vennkaiah Naidu
Nov 07, 2014
New Delhi: India has been assessed to have a deficit of about 18.78 million housing units in urban areas, and more than 95 per cent of the same pertain to economically weaker sections and low income groups

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