Latest Realty News

BlackSoil-Realty-to-invest-Rs-25-cr-in-Ahuja-Constructions’-residential-project-
Nov 30, 2015
MUMBAI: BlackSoil Realty Fund-I is set to invest Rs 25 crore in realty developer Ahuja Constructions' residential project in central Mumbai's Sion locality.
Government-set-to-ease-housing-approvals
Oct 29, 2015
NEW DELHI: Government departments involved in granting approvals for construction projects in cities and towns will now come out with necessary notifications by November-end for streamlining approvals for time-bound and hassle-free clearances. This will mean applicants don't have to bring their cases to Delhi for different clearances.
States-agree-to-comply-with-environmental-guidelines-for-urban-buildings
Sep 23, 2015
NEW DELHI: State governments have broadly agreed to comply with the proposed environmental guidelines for construction projects in urban areas.
Consumption-of-construction-chemicals-is-set-to-go-up-in-India
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.
Odisha-to-raise-Rs-1,000-cr-fund-for-construction-workers
Jun 08, 2015
The state government has decided to raise a corpus fund of Rs 1,000 crore to assist the workers engaged in building and construction sectors.The Odisha Building and Other Construction Workers Welfare Board has already raised Rs 750 crore through collection of cess from different government constructions.
Prajapati-Group-offers-iPhone-Gold-on-Akshaya-Tritiya
Apr 20, 2015
NAVI MUMBAI: Leading real estate developer Prajapati Constructions is offering iPhone 6 Gold to home buyers who book an apartment tomorrow on the eve of Akshaya Tritiya
Saradha-Construction-now-under-CBI-lens
Feb 21, 2015
KOLKATA: After filing the supplementary chargesheet in the Saradha Realty case this week, CBI is focusing on the fourth FIR filed against Saradha Construction
Need-for-the-new-government-to-focus-with-growth-incentivized-policies-for-the-real-estate-sector;-M...
Feb 11, 2015
Mumbai: There is an urgent need for the new government to focus with growth incentivized policies for the real estate sector
Credai-Chennai-to-unfold-Std-Op-Proc-to-ensure-Quality-Standards-among-developers-:-Sandeep-Mehta,-M...
Jan 14, 2015
Chennai: A Standard Operating Procedure is in the offing by Credai-Chennai in a bid to ensure quality standards among the members, according to Sandeep Mehta, Managing Director of Jain Housing and Constructions Ltd
Hiranandani Constructions to develop Rs 1,000-crore realty project in Ahmedabad
Jan 09, 2015
MUMBAI: Mumbai-based realty developer Hiranandani Constructions is looking to develop a mixed-use project with an investment of nearly Rs 1,000 crore
For realty tycoon Ali Lokhandwala, luxury must be practical and child-friendly
Oct 24, 2014
Mumbai: It's all about luxury, with each developer trying to do outdo his competitors by offering one facility after another
Builder fined Rs 5 lakhs for deficient services
Oct 14, 2014
A builder has been fined Rs 5 lakh by a consumer forum for providing deficient services to a housing society
Sebi seeks fresh clarification on Lavasa's Rs 750-crore IPO
Aug 26, 2014
Market regulator Securities and Exchange Board of India (Sebi) has sought fresh clarifications on the proposed Rs 750-crore initial public offer (IPO) of Lavasa Corporation, the realty arm of construction major Hindustan Construction Company (HCC)
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.
Builders spot silver lining
Jul 11, 2014
Bhubaneswar, July 10: Real-estate developers here feel that some of the pro-active steps taken in the first budget of the Narendra Modi government will definitely give a fillip to the housing sector, which is experiencing a major slowdown.
‘Infrastructure will propel growth in 12-18 months’
May 26, 2014
MUMBAI: There is unison in thought among India Inc that accelerating infrastructure projects is the way forward for the new Government to recoup growth to the 8-10 per cent levels.
Supertech to invest Rs 1,000 cr on housing project in Gurgaon
May 11, 2014
DELHI: Realty firm Supertech today said it will invest Rs 1,000 crore over the next four years to develop a new project in Gurgaon.
Builders demand separate ministry for construction sector
May 04, 2014
COIMBATORE: With the demand for skilled workers set to nearly treble by 2020, the construction industry wants a separate ministry both at the Union and the state level to address the issues affecting the sector. The construction industry, which employs about 10 million skilled workers now, would require at least 30 million such workers by 2020, said S K Basu, president of Builders' Association of India (BAI). The construction industry would require 55-60 million workers by 2020, he said.
Ability of Indian companies to generate profit declines
Apr 30, 2014
MUMBAI: In FY13, every rupee of investment yielded only Rs 1.06 worth of revenue for India Inc, down from Rs 1.20 in March 2008 at the height of the economic boom. The bad news doesn’t end only at the steady decline in revenue yield for companies, led by mainly those in construction and infra, realty, metals and mining, telecom and the power sector. The infrastructure and real estate boom proved too costly for Indian companies.
Indiabulls Real Estate Q4 profit down 20% at Rs 41.67cr
Apr 30, 2014
DELHI: Indiabulls Real Estate today reported 20 per cent fall in consolidated net profit at Rs 41.67 crore for the quarter ended March 31 on lower sales.
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.
‘Real estate needs regulatory body’
Apr 18, 2014
DELHI: Real estate sector needs a regulator to protect the interests of buyers, builders, and investors, said Kaushal Jain, MD, Arihant Group, a Delhi-based company.
Builder woes: Changing bylaws leave homebuyers clueless
Apr 14, 2014
NOIDA: The Allahabad high court’s order to demolish two 40-storeyed residential towers of Supertech Emerald Court in Noida’s Sector 93A has brought into focus the ambiguity over rules in the construction sector, precipitated by changing norms and bye-laws.
Noida Authority yet to implement UP Apartment Act
Apr 14, 2014
NOIDA: The Allahabad high court order directing the demolition of two 40-storey towers of Supertech Emerald Court in Noida has brought the UP Apartment Act, 2010, into focus.
ACME gets order to construct national games village in Kerala
Apr 11, 2014
DELHI: Green technology solutions firm ACME has bagged a contract for constructing the national games village in Kerala.

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