Latest Realty News

Good time to buy commercial property
Oct 12, 2014
For those looking to invest in real estate, commercial property is a better option than residential at this point of time, from the investment perspective
Civic body to assess property tax
Sep 08, 2014
The city corporation will soon take up a massive exercise to assess properties in the extended areas to be able to format a uniform tax. This is the first time the civic body will be framing guidelines since the city expanded in 2011
Budget 2014: Suggested amendments for real estate
Jul 07, 2014
DELHI: The real estate sector happens to be one of the very important sectors for the overall growth of the economy. Since the new government, led by Prime Minister Narendra Modi, has taken a pragmatic view of providing housing to all by 2020, it becomes very important that certain amendments are made in the law for the real estate sector.
Land rates hiked in Noida, Yamuna e-way areas
Jun 03, 2014
DELHI: Buying a property in Noida and along the Yamuna expressway has become more expensive.
Mysore Road: Potential for more commercial development
Jun 02, 2014
BANGALORE: Upgraded connectivity, through the planned Metro line to the peripheral areas and widening of the Sirsi Circle Flyover, is spurring growth in this belt, says Sai Prasanna Mysore Road winds through the southwestern quadrant of the city, connecting it to the city of Mysore. While commercial realty developments are limited in this belt, over the last few years, residential growth has risen, with the completion of the incomplete stretches of the Outer Ring Road (ORR) in this region. With
Mumbai: The ‘undisputed king’ in Indian office market
May 16, 2014
MUMBAI: International property consultancy JLL India, has released its latest research report ‘Mumbai Offices 2020: Mapping the Future of the Mumbai Office Market’. Anticipating the changing trends of commercial real estate in India’s financial capital, ‘Mumbai Offices 2020’ provides ‘foresight with purpose’ into where Mumbai’s office market is headed. Talking about this report, Ramesh Nair, COO – business, JLL India, says, “With this report, we reaffirm that Mumbai will continue to be acknowled
Prices of commercial property like offices and shops fall 30% from peak on oversupply, weak demand
May 13, 2014
DELHI: Prices of commercial property, which includes offices space as well as shops in malls and shopping complexes, have fallen 30% from their peak values in 2008 because of a glut in supply and weak demand over the past few years.
Around $16 billion locked in Mumbai's fund-starved real estate sector
May 11, 2014
MUMBAI: Close to Rs1,00,000 crore (around $16 billion) by private equity funds is locked in the fund-starved real estate sector as hundreds of projects get delayed across the country and investors struggle for an exit.
Greater Gurgaon: New axis for reality development
Apr 24, 2014
DELHI: Greater Gurgaon, 24km from Gurgaon city, is a newly notified area in the new Master Plan and is the new marketing name for Sohna Road.
Right time to invest in Hyderabad realty
Apr 18, 2014
HYDERABAD: Hyderabad’s REal Estate market is picking up momentum. The growth of financial districts, IT parks, educational institutions and malls has added to this growth. The outlying stations sandwiched between Gachibowli and BHEL, with little development and availability of vast open lands, have steadily been lapped up by construction companies. Nallagandla and adjoining Tellapur have transformed into a residential-cum-commercial hub. Last year the launch of the metro, with its well-connected
Around 52,000 hotel rooms to be added in top cities by 2017
Apr 16, 2014
AHMEDABAD: A Cushman & Wakefield (C&W) report states that the hospitality sector will see a rise of over 65 per cent in total hotel inventory by 2017. Approximately, 52,000 new hotel rooms are expected to come into existence in the next five years (2013-2017). Despite a slow response, the hospitality sector of India, is expecting to witness better demand, in the coming years, on account of improved global economic conditions. Many hotel projects, that were delayed in the last two years, are also
Miyapur-Chandanagar: North-west expansion of Hyderabad
Apr 16, 2014
HYDERABAD: The spill over effect of Madhapur, Kukatpally and the gradual north-west expansion of the city has brought Miyapur-Chandanagar belt into the limelight. It has gone through a transformation over the years, from sparse residential colonies housing employees from the nearby industrial localities into a bustling residential and commercial centre. It has been one of the rapidly growing suburbs in the city post 2006-07. Proximity to the IT corridors and improving infrastructure facilities h
Private equity firm Milestone Capital sells Rs 145-crore Pune property to HNI
Apr 11, 2014
MUMBAI: Private equity firm Milestone Capital Advisors has sold a 2.5 lakh sq ft commercial property in Pune for about Rs 145 crore to a high-net-worth individual (HNI), marking a potential renewal of interest among such investors in assets that offer stable rental returns in addition to capital appreciation.
Retail hubs in emerging areas of Bangalore
Apr 11, 2014
BANGALORE: With availability of land and prices at a premium in the city center, growth is shifting towards the peripheries, where connectivity has led to the opening up of localities. With commercial and industrial realty development taking place in the Outer Ring Road (ORR) corridor and beyond, rapid residential expansion has followed. This has led to the emergence of retail in these developing areas.
Market gets a new drive on Dwarka Expressway
Apr 11, 2014
DELHI: Construction on Dwarka Expressway is going on in full swing and it is likely that it will be completed in 2014-15, giving a big boost to residential and commercial real estate projects in the region.
Chennai: Retail mine along railway line
Apr 09, 2014
CHENNAI: In the mid-1990s, the Chennai Mass Rapid Transit System (MRTS) made headlines for being the first elevated railway line in India. In mid-2000s, the railway line was extended from Mylapore to Velachery and now, plans are underway to extend it further to St Thomas Mount.
Bet big on office space
Apr 07, 2014
MUMBAI: Thinking of buying your third apartment at Worli? Why not an office block in BKC instead? It may not have quite the charm or glamour of a penthouse apartment, but it can certainly get you hefty returns.
IT drives demand for commercial space in Bangalore North
Apr 05, 2014
BANGALORE: The growth in Bangalore’s commercial realty market began from the Central Business District (CBD), and expanded into the extended or Secondary Business District (SBD), south and south-east Bangalore. Over a period of time, corporates with long-term occupancy plans relocated to south-east and east Bangalore, owing to better connectivity and the availability of IT parks. With the establishment of two prominent tech parks and the location of the international airport, Bangalore north has
Commercial growth spurs demand for residential options in Bangalore
Apr 05, 2014
BANGALORE: With an uptake in commercial development in the north, several micro-markets are opening up for residential real estate development. Localities close to the NH7 have benefitted from the upgraded 22 km highway, with seamless link to different parts of the city via the Outer Ring Road (ORR). The north is witnessing several standalone housing projects as well as integrated developments offering residents a self-sufficient neighbourhood.
Improved investment flows into logistics sector envisaged
Apr 03, 2014
MUMBAI: Investment inflows to the logistics sector have improved, following India’s economic impetus in the second half of 2013. At the same time, however, property rental values remained under pressure across certain industrial markets, according to CBRE’s latest report – India Logistics Market View – H2 2013.
Office market to witness an upward trend ahead
Apr 02, 2014
CHENNAI: India’s economic momentum in 2013 was one of the most sluggish in over a decade. Signs of recovery, however, were visible from the second half of the year, with GDP growth touching 4.8 percent during the July-September period, largely on account of improved performances in the agriculture, financing, insurance and business services sectors, as against a 4.4 per cent growth rate during the April-June period.
Exploring options in emerging cities for investment in commercial realty
Apr 02, 2014
PUNE: The slowdown in major real estate cities of India, has resulted in the emergence of new markets around tier-II cities. Higher costs, liquidity problems and falling investor interest, have diverted the developers and investors, to explore new markets in the country. The immense potential in emerging cities like Indore, Ahmedabad, Nagpur, etc., has drawn a lot of attention from real estate buyers and developers. Experts believe that emerging markets have a lot of potential to deliver in the
North Bangalore: An emerging commercial hub
Mar 29, 2014
BANGALORE: Interest in real estate peaked in north Bangalore with the setting up of the international airport in 2008. The as yet largely unexplored region boasted sizeable tracts of land at significantly lower prices. This helped the growth of commercial space in the region. Connectivity through the Outer Ring Road (ORR), the Hebbal flyover and the new expressway over Bellary Road has brought areas here into the spotlight due to easy access.
Exploring options in emerging cities for investment in commercial realty
Mar 26, 2014
MUMBAI: The slowdown in major real estate cities of India, has resulted in the emergence of new markets around tier-II cities. Higher costs, liquidity problems and falling investor interest, have diverted the developers and investors, to explore new markets in the country. The immense potential in emerging cities like Indore, Ahmedabad, Nagpur, etc., has drawn a lot of attention from real estate buyers and developers. Experts believe that emerging markets have a lot of potential to deliver in th
Realty development in Dharuhera
Mar 26, 2014
DELHI: Dharuhera is the fastest growing industrial town on the outskirts of Delhi. One report says that in terms of demography, Dharuhera is the fastest growing town of Haryana, and that it is also the new growth corridor of Gurgaon and New Delhi.

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