Latest Realty News

Impact of land acquisition bill on the real estate scenario in India
Aug 31, 2013
DELHI: The LARR Bill is expected to majorly affect the development of large infrastructure development projects, industrial projects, integrated township projects and if they are brought under the ambit of this law.
Land Bill to hit project timelines, hike cost estimates: Crisil
Aug 31, 2013
DELHI: Rating agency CrisilBSE -0.60 % on Friday said Land Acquisition Bill, which was passed by Lok Sabha yesterday, will lead to an increase in the gestation time of projects and overall costs.
Land Acquisition Bill will help economical use of land: PC
Aug 30, 2013
DELHI: The Land Acquisition Bill will help in economical use of land which is a scarce commodity in the country, government today said.
Anil Sharma, President, CREDAI(NCR) on LARR Bill
Aug 30, 2013
DELHI: Quote of Mr Anil Kumar Sharma, President, CREDAI-NCR on ‘The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012' tabled in Lok Sabha today.
Next aam admi sop: Land bill coming in Parliament today
Aug 29, 2013
DELHI: Congress is looking to notch back-to-back successes on 'aam aadmi' plank, with the vexed land bill likely to be passed in Lok Sabha on Thursday, three days after the ruling camp clinched the food security legislation amplifying the rhetoric of inclusive growth.
Govt Land, Kept Unused for 3 Years, Can be Resumed
Aug 22, 2013
BHUBANESWAR: The As­sembly on Wednesday passed the Odisha Govern­ment Land Settlement (Amendment) Bill, 2013 and the Industrial Disputes (Od­isha Amendment) Bill, 2013 by a voice vote.
Bill in Rajya Sabha to regulate real estate introduced
Aug 16, 2013
DELHI: The real estate regulation and development bill that seeks to protect home buyers from dishonest builders was tabled in the Rajya Sabha on Wednesday by minister of housing and urban poverty alleviation Girija Vyas.
Bill in Rajya Sabha to regulate real estate introduced
Aug 15, 2013
DELHI: A bill seeking to protect home buyers from unscrupulous developers and builders and having provisions like jail term of up to three years for offences like putting up misleading advertisements about projects repeatedly, was introduced in Rajya Sabha on Wednesday.
CII’s REALTY 2013: 9th International Conference on Real Estate
Aug 06, 2013
DELHI: “Real Estate has emerged as an increasingly strategic domain that influences various strata of society” said Dr Girija Vyas, Hon’ble Minister of Housing and Urban Poverty Alleviation, Govt of India at CII’s REALTY 2013 – 9th edition of Real Estate Conference today in New Delhi.
Real Estate Bill consumer-friendly but not anti-industry
Aug 05, 2013
DELHI: Expressing hope that Parliament will pass the Real Estate (Regulation and Development) Bill in its Monsoon Session, the Housing and Urban Poverty alleviation (HUPA) minister said that the legislation aims to protect consumer interest but was not against the industry.
Real Estate Bill consumer-friendly but not anti-industry: Girija Vyas
Aug 03, 2013
DELHI: Expressing hope that Parliament will pass the Real Estate (Regulation and Development) Bill in its Monsoon Session, Housing and Urban Poverty alleviation (HUPA) minister Girija Vyas said that the legislation aims to protect consumer interest but was not against the industry.
Proper land allotment policy is a must for realty
Jul 23, 2013
BHUBANESWAR: The real estate sector in Orissa is passing through a sluggish phase, as demand is less, and so is money circulation. Besides, real estate's association with shady chit fund companies has resulted in a trust­-deficit among customers. D S Tripathy, national joint secretary of the confederation of real estate developers' association of India (CREDAI), shares his thoughts about the present problems, the possi­bilities, and challenges ahead. As told to Raghunath Panigrahi.
Real Estate Regulatory Bill: Three benefits to a common man
Jul 20, 2013
DELHI: Real estate buying becomes a complex matter for a common man many times. The buyer gets bedazzled by a sheer number of options available in the market. At the same time, the transaction process in itself becomes tedious and non-transparent in absence of sufficient, right information. The buyer has to mainly rely on brokers and developers. At times, the transaction gets entangled between disagreement and litigation due to a number of reasons.
Real estate regulatory bill must cover all stakeholders: CREDAI
Jul 18, 2013
DELHI: Terming real estate regulatory bill as a populist measure, realtors' body CREDAI today said the proposed law should govern all stakeholders of the industry and not only the developers.
Consumer-friendly real estate Bill to come up in Parliament
Jul 18, 2013
DELHI: The government is all set to introduce a buyer-friendly real estate legislation which aims to protect consumers and bring transparency in the sector in the Monsoon Session of Parliament.
Karnataka to protect home buyers from fraudulent developers
Jul 16, 2013
BANGALORE: The increasing complaints against developers and promoters of housing cooperative societies has caught the Karnataka government’s attention, which has decided to put an end to it.
Give homestead land to poor for State’s inclusive growth
Jul 11, 2013
BHUBANESWAR: Homestead land is a basic necessity for a dignified life and livelihood. Every individual and family needs house for shelter and settled life for which homestead land is the precondition. The homestead land rights include both Record of Rights (Patta) and possession over the land.
Pankaj Kapoor: Will the Real Estate Bill see a rise in property prices?
Jul 09, 2013
BANGALORE: Pankaj Kapoor, Founder & Managing Director, Liases Foras, a real estate rating and research agency No, The pricing for any product needs to be seen in relation to the demand-supply mechanism. However, real estate is one sector that does not adhere to any rule of economics.
Anuj Puri: Will the Real Estate Bill see a rise in property prices
Jul 09, 2013
BANGALORE: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India May be, The Bill will pave the way for transparency by regulating the housing sector. It covers all projects over 4,000 sq m in size and seeks to cover major private residential developments across the country. It will provide considerable relief to the ordinary buyer/investor who faces innumerable obstacles while buying property and is duped even by small developers, builders and brokers.
Decoding the real estate Bill
Jul 09, 2013
MUMBAI: The Bill suggests 10 per cent of the project cost as penalty for first-time offenders. Repeat offenders could get a jail term of up to three years.
Will the Real Estate Bill see a rise in property prices?
Jul 08, 2013
DELHI: Once implemented, the Bill will bring a lot of transparency in the sector, and all the developers support and appreciate it. However, one needs to understand that there are certain sticky points. Take the deposit of 70% of the cost of the project, which includes the land and construction cost, in an escrow account, which would suck up the liquidity from the market. The land cost is the highest one has to bear today, and currently, most developers are facing liquidity crises, which will be
‘Housing Regulator Bill ignores ground realities’
Jun 27, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.
Housing Regulator Bill ignores ground realities: Jone Lang LaSalle
Jun 26, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Land LaSalle has said.
‘Housing Regulator Bill ignores ground realities’
Jun 26, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.
Buying a property just got a bit more cumbersome
Jun 25, 2013
MUMBAI: A common saying goes, to know "stress", organize a person's marriage or endeavor to build a house. Consider the various factors which affect the decision on the purchase or building of a house, they range from vastu, legal documentation, anticipated appreciation in value and maybe even the whims and fancies of the relatives. Clearly, factors which may cost a common man, seeking to obtain a roof over his head, many a nights sleep. Well, thanks to the Finance Act, 2013, the stress has been

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