Latest Realty News

Housing demand to pick up in 6-8 months: Report
Oct 15, 2014
Housing sales have remained lower than expected so far during the current festival season mainly due to high interest rates and the demand is likely to pick up only in the next 6-8 months, according to a Knight Frank and Ficci Report
Idco step to cancel land leases draws flak from industry bodies
Sep 04, 2014
The decision of the Odisha Industrial Infrastructure Development Corporation (Idco) to cancel the lease deeds of the land lying idle in industrial estates has drawn flak from the industry bodies the state
Supreme Court asks DLF to deposit Rs 630 crore in court in 3 months
Aug 27, 2014
Boosting the hopes of aggrieved homebuyers across the country, the Supreme Court today rejected DLF's plea to stay the Competition Appellate Tribunal's order upholding the penalty imposed on the builder by the Competition Commission of India and asked it to deposit the penalty amount of Rs 630 crore within three months
Pucca houses to all by 2022: Venkaiah Naidu
Jun 03, 2014
DELHI: The new urban development and housing minister Venkaiah Naidu is in favour of fixing “responsibility and accountability” on real estate developers.
CCI may penalise DDA
Mar 13, 2014
DELHI: After imposing a hefty fine of Rs 1,773 crore on state-owned Coal India Ltd, the Competition Commission of India (CCI) might now soon penalise a government agency, the Delhi Development Authority (DDA).
Knight Frank sees revival in real estate market
Feb 15, 2014
MUMBAI: While developers and financial institutions believe that the present residential and office markets are weaker they were six months ago, they are optimistic that the next six months would see a change.
Maharashtra CM, officials discuss surplus FSI, ‘illegal’ plot
Nov 19, 2013
MUMBAI: In a high-level meeting, headed by the chief minister on November 15, senior bureaucrats discussed utilizing surplus floor space index (FSI) available under the new development control rules for rehabilitating residents of the illegal flats in Worli’s Campa Cola society and whether or not they would be able to afford a plot in the compound if it is taken back from a real estate developer who currently has third-party rights over it.
New airport: Plan B ready, says Chavan
Nov 16, 2013
MUMBAI: Even as the Prime Minister has given the go ahead for the Navi Mumbai airport in the face of opposition from certain villages, the Maharashtra Government is already working on an alternative plan for a new airport in the city to be built over reclaimed land.
CCI rejects complaint against Larsen & Toubro in realty case
Nov 01, 2013
DELHI: The Competition Commission has rejected allegations of anti-competitive ways against diversified group Larsen & Toubro with regard to a housing project in Bangalore as it found no evidence of unfair practices in the case.
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.
Knight Frank ties up with FICCI for realty sentiment index
Oct 08, 2013
DELHI: Property consultant Knight Frank India today said it has entered into an agreement with industry chamber FICCI to launch an index that would measure sentiments in the real estate market.
CCI to study financial sector for possible unfair practices
Sep 29, 2013
DELHI: To keep a tab on possible unfair practices, the Competition Commission of India has begun a study of functional aspects of the country's growing financial sector, including banking and insurance segments.
Developers selling non-core biz to improve balance sheet: Study
Sep 21, 2013
BANGALORE: Developers are now focusing more in their own regions and are selling their non-core businesses to improve their balance sheet. Further, interest in tier II city investment has also reduced as investors are unable to make the desired returns in their earlier portfolios.
The property market is witnessing some structural changes with developers gradually coming out of th...
Sep 20, 2013
BANGALORE: Developers are now focusing more in their own regions and are selling their non-core businesses to improve their balance sheet. Further, interest in tier II city investment has also reduced as investors are unable to make the desired returns in their earlier portfolios.
CCI to probe mkt abuse charges against JP Associates
Sep 13, 2013
DELHI: Fair trade regulator CCI has ordered investigation against Jaiprakash AssociatesBSE 3.39 % for alleged abuse of dominant market position in sale of flat in its housing projects.
Competition watchdog to probe DDA
Sep 12, 2013
DELHI: The Competition Commission of India (CCI) will soon probe if Delhi Development Authority (DDA) has been abusing its dominant position in the residential market.
Land Bill, a retrograde step: Industry
Sep 01, 2013
DELHI: India Inc today termed the Land Acquisition Bill passed in Lok Sabha as a "retrograde" step, saying it could have "adverse consequences" on the country's industrial and infrastructural development.
Competition Commission of India rules out abuse of dominance by realty firm BPTP
Aug 06, 2013
DELHI: Fair trade regulator CCI has dismissed allegations of abuse of dominant market position against realty firm BPTP over residential flats in Faridabad.
Land pooling to replace takeover, give impetus to housing in city
Mar 06, 2013
A new land policy, which is expected to boost development of city by involving private players, was tabled in a Delhi Development Authority (DDA) meeting on Tuesday.
Ficci seeks revisit of proposed Land Acquisition Bill
Nov 02, 2012
NEW DELHI: Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet.

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