Latest Realty News

Over-40%-Allottees-Returned-DDA-Flats:-Government
Jul 22, 2016
New Delhi: Over 40 per cent of the houses allotted by the DDA under its Housing Scheme 2014 have been surrendered or cancelled with some allottees complaining about the size of the flats and locality, the government on Thursday said.
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.
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.
Air-India-to-Soon-Sell-Four-Flats-in-Mumbai-for-Rs-90-Crore
Nov 19, 2015
New Delhi: Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
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.
Government-plea-for-CWG-flats-delays-auction
Mar 24, 2015
NEW DELHI: Over 150 flats in Commonwealth Games Village are ready to go under the hammer
DDA to e-auction Commonwealth Games village flats in 40 days
Dec 06, 2014
NEW DELHI: Those looking for premium apartment units in Delhi may need to watch DDA's website because 214 flats from the Commonwealth Games village would be put up on sale
Kanpur Development Authority to sell 2,560 flats in eight colonies
Oct 28, 2014
Kanpur: Kanpur Development Authority had decided to sell its colonies to present occupiers
Over 10,000 Rohini flats in DDA scheme face local ire
Sep 12, 2014
Of the 25,000 flats in DDA's 2014 housing scheme, over 10,000 are in Rohini's sectors 34 and 35. A majority of them are unlikely to be handed over by March next year, DDA's official deadline
DDA meeting to clear 2014 housing scheme for 25,600 flats today
Aug 21, 2014
The Delhi Development Authority’s 2014 housing scheme will be tabled in DDA’s meeting, chaired by Lt-Governor Najeeb Jung, for clearance on Thursday, which will be the biggest housing scheme to be launched by the DDA in the capital
Equity beats real estate gains in long run
May 06, 2014
MUMBAI: There has been a deluge of offer s through advertisements aimed at prospective home buyers, for those who will live in that property and also those who want to buy a property as an investment. For the second option-that is buying a real estate now as an investment for future gains-a widely accepted opinion is that investing in property is the best investment, even better than investing in shares. We analyze this belief by looking at the pros and cons of such an investment, and whether th
BDA official gets police cover after death threats
Mar 20, 2014
BANGALORE: The threat from the underworld is no longer restricted to the rich and real estate businessmen. A senior official of the Bangalore Development Authority was given police protection after he claimed his life is under threat.
Builders flout rules, sell flats in projects sans clearances
Mar 18, 2014
MUMBAI: Without any construction permissions in place and sometimes even when land titles are not clear, builders in the city have been enticing clients to book flats early at discounted rates although it is illegal under the law.
It’s no lottery: BDA doubles flat rates
Mar 11, 2014
BANGALORE: After sites, it’s now the turn of flats. Bangalore Development Authority (BDA) has arbitrarily jacked up the prices of flats by almost 100%-200%, spiking the common man’s last hope of owning a dream home in the city.
Paras Buildtech offers possession of Paras Tierea
Mar 06, 2014
DELHI: Paras Buildtech has started offering possession of first phase of Paras Tierea, located at Sector 137 on Noida Expressway. Spread over an area of 30 acres, Paras Tierea is not only the largest project but also would be the first project going for possession in the entire Sector 137 for the select towers.
Satya Group launches luxury flats on Dwarka Expressway
Mar 06, 2014
DELHI: Satya Group, one of the leading real estate group in Delhi-NCR, has added another milestone to its project portfolio by launching premium, luxurious residential apartments — Platina- at The Hermitage, located on the Dwarka Expressway, the most sought after location in the national capital area.
DDA goes chic, new flats to be modern and green
Feb 24, 2014
DELHI: The Delhi Development Authority (DDA) is planning a complete makeover of its flats, adopting snazzy, contemporary designs for its new batch of energy-efficient ‘green’ flats. The new flats will come up in the next two years.
Pre-launch deals back in Thane to boost real estate
Feb 22, 2014
THANE: Home sales, especially sale of luxury apartments, have been tepid in most large Indian cities. But, signalling a rising sentiment in real estate sales, Thane developers are launching apartments to boost confidence of investors and buyers.
Mumbai finds no takers for super-luxury Rs 100-crore palatial flats
Jan 31, 2014
MUMBAI: The palatial 15,000 sq ft duplexes in the under-construction 55-storey Sasen building on tony Napean Sea Road offers the country’s costliest residences at Rs 100-120 crore each. But for six years now, the project, earlier known as Lotus Villa, has not sold a single unit.
News of LG Najeeb Jung visit moves DDA in Vasant Kunj
Jan 14, 2014
DELHI: Flat owners in Vasant Kunj and Mukherjee Nagar were amazed as DDA officials took charge and finished work that hadn't moved in six months.
Delhi Development Authority to launch housing scheme
Jan 02, 2014
DELHI: Delhi Development Authority will be launching a new housing scheme under which people from all the segments of the society will get affordable flats through a draw this year.
Flat buyers spared service tax on maintenance fee
Dec 10, 2013
MUMBAI: Home buyers have something to look forward to in an otherwise dull property market. The customs, excise and service tax appellate tribunal recently held that they will no longer have to pay service tax on the one-time maintenance charge (deposit) paid to builders at the time of booking a flat.
Sold as a dream, CWG flats turn nightmare for residents; Shabby maintenance, lack of amenities irk b...
Oct 23, 2013
DELHI: They were touted as India’s most sought-after apartments — a riverfront view, Olympic sports facilities, and top businessmen, politicians and celebrities for neighbours, but the Commonwealth Games Village has just been a bag of worries for the apartment owners.
866 govt flats to be allotted this Diwali by Noida Authority
Oct 17, 2013
DELHI: This Diwali the Noida Authority has planned to allot 866 flats in the middle-income group, high income group, low-income group and economically weaker sections categories. A senior Authority official said around 600 flats, located in Sectors 55, 66, 71, 73, 93, 110 and 135, are of the LIG and EWS categories.
CCI dismisses charges of abuse of dominance against Eldeco Housing
Oct 11, 2013
DELHI: Fair trade watchdog CCI has dismissed the charges of abuse of dominant position against realty firm Eldeco Housing and Industries in the market for residential flats in Lucknow.

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