Latest Realty News

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.
Sep 23, 2015
MUMBAI: The Maharashtra Government appears to be in a dilemma over appointment of a regulatory body to safeguard interests of home buyers in the city despite the fact that the process of framing rules for the Housing Regulatory Bill has been completed.
Aug 03, 2015
NOIDA: NCR homebuyers, who made significant contributions in the shaping of the Real Estate Regulation and Development Bill, have by and large welcomed the report by the 21-member select committee on the Bill, submitted to the Rajya Sabha on July 30.
Jul 13, 2015
NOIDA: Ten buyers associations from across NCR have now threatened to launch protests from July 19, stating they feel "used and disregarded by interest groups".
NCR flat buyers unite to fight delayed deliveries
Sep 30, 2014
To give impetus to the ongoing struggle to gain ownership of their apartments, homebuyers in Noida, Greater Noida and Gurgaon have joined hands in floating a unified banner called the NCR Flat Buyers Association
Investment-friendly budget to spur real estate growth (Comment: Special to IANS)
Jul 13, 2014
MUMBAI: The 2014-15 budget is both positive and promising that focuses on reviving the sentiment of property buyers and investors and promoting investment with a view to give fillip to construction and housing sector, a significant contributor to GDP.
Remove regulatory overlaps in real estate: Rajeev Talwar
May 18, 2014
MUMBAI: The new central government should primarily look at making life easier for home buyers and real estate developers.
Supertech moves SC to save Noida twin towers
May 01, 2014
NOIDA: Real estate major Supertech on Wednesday filed a special leave petition in the Supreme Court against the Allahabad high court’s order to demolish two residential towers in Noida’s Sector 93A for flouting building norms.
Realty sector displays positive outlook: Knight Frank survey
Apr 30, 2014
MUMBAI: Anticipating a change in political leadership, sentiments of home buyers and investors have seen an improvement displaying a strong positive outlook for the real estate sector, a recent survey said.
Supertech home buyers may seek review of High Court order
Apr 19, 2014
DELHI: Home buyers in Supertech's two 40-storey apartment towers in Noida are considering filing a review petition in the Allahabad High Court against its order to demolish the towers for violating building regulations.
Supertech home buyers may seek review of High Court order
Apr 18, 2014
DELHI: Home buyers in Supertech's two 40-storey apartment towers in Noida are considering filing a review petition in the Allahabad High Court against its order to demolish the towers for violating building regulations.
New realty law will help buyers and builders
Apr 17, 2014
PUNE: The Maharashtra Regulatory & Development Act (MHRDA), 2012, promises to bring more transparency and accountability helping both builders and property buyers, Satish Magar, vice-president of the Confederation of Real Estate Developers Associations of India (Credai) - National, said on Tuesday.
Noida seals Supertech towers, builder mum on refunds
Apr 17, 2014
NOIDA: Homebuyers in Supertech's Emerald Court towers suffered a double jolt on Tuesday as the company unceremoniously called off a press conference and virtually stonewalled buyers' demands for a refund even as the Noida Authority sealed the project site, bringing construction to a halt.
Guide to stamp duty for homebuyers
Apr 01, 2014
MUMBAI: Stamp Duty is one of the many expenditures that home buyers pay to own a property. However, most of us don’t know what stamp duty is and what it comprises of. Here is the brief on stamp duty for all the prospective home buyers.
Builders create the outdoors in gated residential complexes in Pune
Mar 10, 2014
PUNE: Every evening, homemaker Sanjana Patankar has to coax her eight-year-old son Shriyans to leave the play area nestled in the midst of the six towers that stand tall at the Golden Petals residential complex in Warje. And very often she herself strolls on the neatly cropped lawn adjacent to the play area, chatting up neighbours, before she goes home.
Benefits of being a woman property buyer
Mar 10, 2014
DELHI: Being a woman property buyer would mean a special concession with reference to registration of the property in the Office of the Sub-Registrar. The stamp duty payment in many states of India is lower for the woman tax payer. This is the single biggest advantage which is available to the woman tax payer.
Single women’s home ownership on the rise
Mar 08, 2014
BHOPAL: Gone are the days when investing in real estate was exclusively for men. There is now emergence of single women in the residential space and they constitute the second biggest group of home buyers in India.
Apartments between Rs 30-60 lakh most preferred: CREDAI
Feb 28, 2014
CHENNAI: Majority of home buyers opted for mid-range apartments priced between Rs 30 lakh and Rs 60 lakh at the seventh edition of the Fairpro 2014 that concluded here recently, real estate industry body CREDAI said today.
Realtors seek tax breaks for home buyers, builders to beat sluggish demand
Feb 11, 2014
DELHI: To beat a sluggish demand, real estate developers have sought tax breaks for home buyers and builders that could help boost sales as well as speed up new launches.
RBI Approves LIC Housing Finance Ltd's $300m ECB
Jan 27, 2014
BANGALORE: The country's third largest housing finance company, LIC Housing Finance Ltd (LIC HFL), has got approval from the Reserve Bank Of India to raise $300 million (over Rs 1,800 crore) from overseas markets through external commercial borrowings (ECBs).
Realtors body flays hike in ready reckoner rate, seeks reversal
Jan 02, 2014
MUMBAI: A day after the state government steeply hiked property prices in major cities in spite of falling sales, realtors association has flayed the decision saying the move will harm the industry in particular and the state in general.
Online search and research redefine home buying
Dec 28, 2013
DELHI: Marketing a home today is not like marketing a home in the past. Home buyers are increasingly relying on online resources to find homes for sale.
Real estate: Soft launches can lead to a hard landing
Dec 16, 2013
MUMBAI: With the festival season turning lacklustre and with the RBI clampdown on 80:20 payment schemes and its variants, a good number of developers are increasingly opting for 'pre-launch' to lure buyers and to get their cash flows going. There is even a fancy name to this called 'soft launch'. Home buyers are flocking towards such schemes, unaware that the risks are greater than the discounts dangled before them. Legal experts term this 'illegal' while property consultants advise buyers to st
Delhi home prices fall by 4.5% in Q2, 10 cities see decline
Nov 22, 2013
DELHI:House prices in Delhi fell by 4.5 per cent during the quarter ended September, as compared with the previous quarter ended June. Stretching that timeline to March, prices fell by 5.9 per cent, the latest Residex brought out by the National Housing Bank (NHB) showed.
Homebuyers log on to Facebook, Twitter to voice their complaints against builders
Oct 15, 2013
MUMBAI: Call it Realty Spring. Homebuyers in the country are taking to Facebook and Twitter to deal with errant builders in issues ranging from delay in possession to mismanagement, to good effect.

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