Latest Realty News

Jul 19, 2016
Gandhinagar: The Gujarat government plans to make property cards compulsory for some 1.25 crore properties in urban areas - the state's eight municipal corporations and all its municipalities. Right now, less than 20% of property-holders have a property card as the Record of Right (RoR), the key document to ascertain ownership title for the property.
Jan 16, 2016
MUMBAI: Showing faith in India's economic growth, corporate occupiers have been lapping up office spaces for their expansion, which is reflected in the decline in office vacancy levels across the country to 15% from around 19% in 2013. The sharpest fall in pan-India vacancy levels is expected in 2016 and 2017 when it will ease below 13%, said a JLL India report.
Jan 09, 2016
New Delhi: Central Bureau of Investigation (CBI) on Friday arrested the founder of PACL Ltd over allegations the property company cheated investors of $6.8 billion (about Rs 45,000 crore), in what local media is calling the country's biggest financial scandal.
Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
Sep 25, 2015
CHENNAI: Even as many developers struggle to sell their stocks and complete projects in time, Casa Grande Pvt. Ltd., a Chennai- based developer, has provided exit to Avenue Venture Real Estate Fund from one of their projects off the IT Highway within 18 months of the fund's investment.
Sep 15, 2015
Rapid urbanisation is setting the pace of the Indian construction industry and, by extension, the construction chemicals market. The government’s ambitious ‘Housing for All’ and ‘100 Smart Cities’ programs are key growth drivers for the construction chemicals sector.
Jun 10, 2015
MUMBAI: Larsen & Toubro, India's largest engineering and construction company, has formed a new unit to cater to smart cities, security solutions and communication projects, expecting the business to grow to $1 billion in three to four years, driven by the government's push in these areas.
Jun 05, 2015
BENGALURU: Finally, a tender to start the process of implementing a project that claims to guarantee property owners with one common card/certificate authenticating their ownership is ready to be floated.
May 27, 2015
Mumbai: Nipun Sahni, former managing director and head, India, real estate investment group at Bank of America-Merrill Lynch has joined US-based Apollo Global Management as partner and head of real estate, India
May 09, 2015
Nagpur: Proposal for relaxing Occupancy Certificate norms which is mandatory for giving water connection to buildings
May 06, 2015
GREATER NOIDA: A land fraud, in which nearly five hectares of custodian' plots in Shahberi area, having a collective value of Rs 350 crore, have been usurped
May 04, 2015
Bhubaneswar: Opposition parties in the state have criticised the government for its U-turn over cancellation of land allotments under discretionary quota
May 02, 2015
Ahmedabad: The Ahmedabad Municipal Corporation (AMC) launched smart cards for developers and property holders in the city
Apr 03, 2015
BHUBANESWAR: With hundreds of acres of Lingaraj Temple land under encroachment, the comptroller and auditor general (CAG) has come down heavily on the state government
Mar 30, 2015
HYDERABAD: Going by the comments of the Comptroller and Auditor General (CAG) of India, it is easy to encroach upon government land in the Greater Vissakhapatnam Municipal Corporation (GVMC) area
Mar 28, 2015
VISAKHAPATNAM: Builder arrested for forging the Greater Visakhapatnam Municipal Corporation's occupancy certificate for his new apartment scheme - MM Paradise
Mar 27, 2015
Chandigarh: Real estate developers in Haryana earned up to 880 times of the original price of land in a few months, according to CAG report
Mar 27, 2015
Gurgaon: A CAG audit has cited negligence on the part of Department of Town and Country Planning (DTCP), Haryana, in monitoring advertisements of the project of a builder and changes in shareholding of developer firms
Mar 26, 2015
Chandigarh: "Undue favours" to builders, including Robert Vadra's Skylight Hospitality, by the Haryana Government during the earlier Congress regime has come under attack from the Comptroller and Auditor General (CAG)
Mar 25, 2015
MUMBAI: Most of the city's over 56,000 structures can be regularized or compounded by offering concessions or recovering additional fees
Mar 23, 2015
Accra (Ghana) : A recent upsurge in infrastructural developments across Africa might well turn out to be a boon for Indian companies
Mar 23, 2015
Cuttack: The economic offences wing of state crime branch arrested Ganesh Nayak, a key accused in the Bidanasi government land fraud
Mar 19, 2015
Kolkata: Bengal nun rape case might had a “real-estate link” involving people interested in a vacant plot which the school didn’t want to sell
Mar 17, 2015
Bhubaneswar: The Comptroller and Auditor General (CAG), upset with arbitrary land allotment policy of state-run Industrial Infrastructure Development Corporation (Idco)
Mar 17, 2015
BHUBANESWAR: The Economic Offence Wing (EOW) of the Crime Branch arrested managing director of Sarala Realcon Gayadhar Jena

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