Latest Realty News of Uttar Pradesh

Fillip to property prices on route
Oct 19, 2014
Bangalore: Three years of Namma Metro has also brought about development in the real estate along the route
Housing price: Go for a hard bargain as developers look to dispose unsold inventory
Oct 18, 2014
New Delhi: Defying expectations, the festive season this year has failed to evoke the desired demand in the residential housing space
Bill to Curb Land Grabbing Receives President's Nod
Oct 17, 2014
A bill providing for measures to curb grabbing government land and punishment up to three years for violation has received the President's assent
Ansal API signs up IBM, Cisco for smart city project
Oct 17, 2014
Lucknow: Realty major Ansal API has signed up technology majors IBM and Cisco for transforming its Sushant Golf City residential township into a smart city
Real estate sales muted in September quarter
Oct 17, 2014
Bangalore: Property sales in the three months ended 30 September were muted across India, with only Bangalore displaying some resilience
Realty body APREA seeks greater tax clarity for REITs, InvITs
Oct 16, 2014
Real estate industry body APREA has sought greater clarity on taxation issues for the newly created investment vehicles REITs and InvITs
Office space: Polar Star Realty Trust files for a $100 million IPO
Oct 16, 2014
Polar Star Realty Trust, a REIT formed to own office and industrial property in Norway and Sweden, filed with the SEC to raise up to $100 million in an initial public offering
Canada offers to partner India in 'housing for all'
Oct 16, 2014
Canada expressed interest in participating in India's ambitious programmes of 'Housing for All' and building 100 'smart cities' and offered its technology in this regard
Crude at 47-month low, good news for economy
Oct 16, 2014
Global crude oil prices fell to a four-year low of $84 a barrel
Realty-led Per Capita Wealth Grows to $4,650 in 14 Years: Report
Oct 15, 2014
Real estate-led the per capita wealth creation of the country's adult population which has grown at 8 per cent per annum in the past 14 years to $4,650, according to Credit Suisse
REIT $20 billion spending in India delayed by tax rules
Oct 15, 2014
The Indian government has announced rules for setting up real estate investment trusts (REITs), vehicles that may spur $20 billion of property development
Here are South India's real estate hotspots
Oct 15, 2014
Until only recently, the South Indian real estate market was known as highly price sensitive, with buyers primarily focused on the affordability quotient
Charges other than interest cost associated with home loans
Oct 15, 2014
In August, lending institutions, such as State Bank of India (SBI) and Housing Development Finance Corp. Ltd, lowered home loan interest rates marginally for new borrowers
China's realty moguls see 5% drop in fortune
Oct 14, 2014
This year's average fortune of top 50 Chinese real estate tycoons was 14.9 billion yuan ($2.4 billion), 5 percent lower than that in 2013, Beijing Morning Post reported
New home launches rose 30% in March quarter: Assocham
Oct 14, 2014
Launches of new homes rose by 30 per cent during January-March period of 2014 in anticipation of recovery in the property market
High inventories force realty price slump in big cities
Oct 14, 2014
A vibrant festive season notwithstanding, things are hardly looking up for the real estate sector
Sebi bars DLF and its chief KP Singh from securities market for 3 years
Oct 13, 2014
Regulator Sebi has barred realty major DLF, as also six top executives including chairman K P Singh, from securities markets for three years
Narendra Modi's smart cities is a step in right direction but infrastructure needs to built first: H...
Oct 13, 2014
To make housing affordable, infrastructure development is the path to adopt and encourage businesses migrate to areas where land and labour are cheaper
Good time to buy commercial property
Oct 12, 2014
For those looking to invest in real estate, commercial property is a better option than residential at this point of time, from the investment perspective
Schemes like smart cities, speed trains in next budget: Arvind Mayaram
Oct 11, 2014
The Budget 2015-16 will include many of the schemes announced by Prime Minister Narendra Modi such as smart cities and high speed trains, Finance Secretary Arvind Mayaram said
Smart City: Narendra Modi's Rs 78,000 crore GIFT project caught in red tape at the Centre
Oct 11, 2014
The first smart city that the Gujarat government had embarked on under then chief minister Modi in 2007 — the Rs 78,000 crore GIFT city is caught in red tape at the Centre
Six Small Towns to be Made ‘Smart’
Oct 10, 2014
The Urban Development Ministry has identified six small towns in hilly regions of the country to develop them as smart cities
Bloomberg TV announces Top Real Estate Developers across major Indian cities
Oct 10, 2014
Bloomberg TV India announces the top real estate developers across major cities in India to analyse the most successful real estate firms
RBI concerned about banks’ exposure to real estate, infrastructure
Oct 09, 2014
The Reserve Bank of India (RBI) is concerned about the extent of banks’ exposure to the real estate and infrastructure sectors, deputy governor R. Gandhi said
Indian REITs, InvITs must be more tax efficient – APREA
Oct 09, 2014
The tax treatment of India’s new real estate investment trusts (REITs) regime should be changed to remove stumbling blocks to investment in the vehicles, a lobby group has said

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