Latest Realty News

Parsvnath leases office space in Connaught Place; eyes Rs 100crore rental/yr
Sep 28, 2014
Parsvnath Developers has leased about 1.7 lakh sq ft in its office building near Connaught Place
Hike in circle rates in Delhi to hit housing demand
Sep 24, 2014
Increase in circle rates by up to 20 per cent in the national capital could further dampen investor sentiment and affect housing market, according to global property consultants
Election impact may hold back Mumbai, Gurgaon realty
Sep 15, 2014
Maharashtra and Haryana, the two states headed for legislative Assembly elections on October 15, have another thing in common. They are among the most prominent property markets and together are estimated to constitute 30-40 per cent of the pan-India real estate universe
BDA bid to stop sale of land in parts
Sep 13, 2014
The Bhubaneswar Development Authority (BDA) has decided to seek an amendment to building regulations from the government to reintroduce a provision that prevents sale of part of a plot in the city without BDA approval
BDA flouts building norms: Audit
Sep 13, 2014
The Bhubaneswar Development Authority (BDA) flouted its own building norms and showed undue favours to developers for construction of eight high-rises in the city, a latest draft audit note by accountant general (general and social sector) said
BDA whip on truant builders
Sep 11, 2014
Real-estate developers engaging in unethical practices and making false promises will find themselves in trouble as the development authority has decided to stop the practice of conditional approval of building plans
Real estate revival may begin this festive season
Sep 07, 2014
This could be the beginning of a revival in the real estate sector. After two dry festival? seasons for property launches, developers are gearing up for action this time
BDA talks transparency; Move follows plot bungle
Sep 02, 2014
The development authority will put documents related to allotment of plots and houses on its website, having burnt its fingers in the discretionary quota issue
Gulf NRIs driving Kerala property price bubble
Aug 26, 2014
Middle East-based Keralites are on a property buying spree in Kochi, pushing prices to as high as those in the National Capital Region, according to India’s realtor association.
RWAs, builders lock horns at DC meet
Aug 26, 2014
The monthly meeting held by Gurgaon deputy commissioner Shekhar Vidyarthi, to address the issues of residents welfare associations, on Monday witnessed heated exchanges between RWAs and developers
Mid-income housings go green
Aug 25, 2014
The green building movement is set to get a fillip in Kolkata with at least two real estate companies in the affordable housing space committing that all its projects will conform to the green norms
'NRKs fuelling property prices by 30%'
Aug 25, 2014
Non-resident Keralites (NRK) are fuelling Kochi house prices by 30%, said P S N Rao, chairman of National Association of Realtors-India (NAR-India), the national federation of associations of real estate agents in 25 cities of the country
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
Housing Prices Can Fall on Transparency, Timely Approvals: HDFC
Jun 20, 2014
Calling for major reforms in housing sector, HDFC chairman Deepak Parekh has said transparency and timely approvals from different authorities can reduce home prices by almost 20 per cent.
Infrastructure is key for the development of the nation
Sep 26, 2013
DELHI: EM Sudarsana Natchiappan, Minister of State for Commerce & Industry inaugurated CII’s 4th Regional Conference on Infrastructure Project Management in Delhi today. CBRE is the knowledge partner for the conference.
CREDAI chief worried over possible ‘cement cartels’
Sep 26, 2013
MUMBAI: With prices of cement suddenly going sky high, developers apex body CREDAI Chairman Lalit Kumar Jain, expressed his concern and said he believes a cement cartel is active. Jain, who is also the CMD of Mumbai-Pune developer Kumar Urban development Ltd (KUL) said CREDAI will consider to file a complaint with CCI against the continuous price hike as this creates pressure on developers to increase sale price of homes.
Parsvnath to build commercial project near Connaught Place in New Delhi at Rs 300 crore
Sep 12, 2013
DELHI: Realty firm Parsvnath Developers has dropped its plan to sell a prime land in Connaught Place and will now develop a commercial building on the plot at a cost of around Rs 70 crore to achieve better sales realisation and brand value.
Slowdown in real estate forces builders to cut prices
Sep 03, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.
CREDAI chief appeals for high power realty committee for major projects
Aug 21, 2013
MUMBAI: Citing the inordinate delay in obtaining approvals for projects that is stalling growth of the real estate sector and also the economy of the country, Lalit Kumar Jain, Chairman CREDAI and CMD, Kumar Urban development Ltd, urged the Union Government to form a high power realty committee to accelerate big ticket realty projects worth between Rs.200 Cr and Rs.1000 Cr.
‘There is tremendous long-term potential for luxury products in India’
Aug 19, 2013
DELHI/MUMBAI: merican real estate magnate Donald Trump, Chairman and President of The Trump Organisation, who is gearing up for the Republican Presidential nomination in 2016, is bullish on the Indian real estate sector.
Days of price rise on residential side behind us: Deepak Parekh, HDFC
Jul 20, 2013
MUMBAI: Amidst stubborn prices in most of the real estate markets, HDFCBSE -2.35 % chairman Deepak Parekh today said the residential price escalation now seems to be a thing of the past.
CREDAI bats for realty reforms with Girija Vyas
Jun 24, 2013
DELHI: Praising the Union Government’s efforts towards real estate reforms, realtors’ apex body Chairman Lalit Jain expressed the hope that the new Housing and Urban Poverty Alleviation Minister Ms. Girija Vyas will continue with the unfinished task of her predecessor Mr Ajay Maken.
Real Estate Regulatory Bill may become breeding ground of corruption, says CREDAI chairman
Jun 06, 2013
MUMBAI: Stating that the Real Estate Regulatory Bill approved by the Union Cabinet seeks to whip only errant developers, realtors apex body CREDAI Chairman Mr. Lalit Kumar Jain has expressed fear that it could encourage corruption instead of curtailing the social menace.
Average size of Bangalore apartment highest in India
Mar 19, 2013
BANGALORE: Bangalore tops in many things like weather, good, high-end schools and quality of life notwithstanding the traffic cribs. But there's one not-so-well-known parameter of which the city can be justifiably proud: large apartments.
Mantri Realty to invest Rs 750 crore for 3 housing projects
Dec 09, 2012
NEW DELHI: Real estate developer Mantri Realty today said it will invest up to Rs 750 crore to develop three housing projects in Maharashtra and Karnataka over the next 2-3 years.

Latest Realty News Of State

Realty Talk's