Latest Realty News

Modi Asks EC to Probe Haryana Government's Clearance to Vadra Land Deal
Oct 06, 2014
Prime Minister Narendra Modi on Monday asked the Election Commission to take serious note of Chief Minister Bhupinder Singh Hooda clearing the land deal between Robert Vadra and DLF
Foreign brands struggle to find space in Indian malls
Oct 02, 2014
A CBRE South Asia study has revealed that India has more than 300 shopping malls, but only around 24 have been identified as successful
No Finding Received on Rs. 30 Crore Service Tax Evasion Charge: DLF
Oct 01, 2014
DLF, India's largest realty firm, said it has not received any findings from authorities on alleged service tax evasion of about Rs. 30 crore
DLF under scanner for alleged service tax evasion of Rs 30 crore
Sep 28, 2014
Real estate major DLF has come under the scanner of central revenue officials for allegedly evading service tax to the tune of about Rs 30 crore
DLF fined for harassing hapless businessman
Sep 13, 2014
Abeyant construction, delayed possession, hollow promises and helpless buyers. These seem to have become a common trait in the real estate industry in the city
DLF has lost Gurgaon village land second time
Sep 11, 2014
The fine print of the Punjab and Haryana high court's September 3 order cancelling the auction that saw real estate major DLF being allotted 350 acres of land in Gurgaon has revealed a startling fact
HC order on Gurgaon land spells more trouble for DLF
Sep 05, 2014
DLF’s dream of building another luxury premium project near the Golf Course Road, Gurgaon, has been hit by a recent order of the Punjab and Haryana high court, setting aside the Haryana government’s allotment of 350 acres
Haryana says DLF deal 'transparent'
Sep 05, 2014
With assembly elections round the corner, the Punjab and Haryana high court's order on Wednesday cancelling the auction that saw 350.7 acres of land being allotted to real estate giant DLF came as a big jolt to the Haryana government
Haryana HC cancels DLF's 350-acre, Rs 1,750 cr land allotment
Sep 04, 2014
The Punjab and Haryana High Court on Wednesday set aside the Haryana government’s decision to allot 350 acres of land in Wazirabad, Gurgaon, to the country’s largest real estate developer DLF in 2010
Admin orders kiosks in DLF phases removed
Sep 03, 2014
Deputy commissioner Shekhar Vidyarthi on Tuesday asked DLF to clear all unauthorized kiosks in the green belt in phases I to IV, barring those of dhobis
DLF Belaire flat owners play safe on compensation
Sep 02, 2014
Consumer activism entered a new phase in working out claims and compensations. The latest example is of the Belaire project in Gurgaon, over which DLF, the country's largest real estate company, was recently told by the Supreme Court to pay Rs 630 crore for abusing its dominant market position
DLF ordered to pay Rs 4.5 lakh to buyer
Aug 30, 2014
Real estate firm DLF has been ordered to pay over Rs 4.5 lakh to a woman after being found guilty of wrongly taking around Rs 1.5 lakh from her on the basis of forged papers by a consumer forum here which said it was a clear case of "extortion" and "cheating"
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
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
DLF ordered to pay Rs 6 lakh to buyer in failed project
Aug 23, 2014
Real estate firm DLF has been asked to pay Rs 6 lakh to a man, who had booked a flat in its project which failed to take off, by a consumer forum here which held it guilty of deficiency in service and "unfair trade practice
Green brake on Noida mall, 4 realty projects
Aug 18, 2014
DLF's Mall of India, which is coming up in Noida's Sector 18 and has been billed as the country's largest retail space, and four big-ticket realty projects in Sector 75 have been asked to "stop all construction" till they get a clearance from the National Board for Wildlife
Real estate shares on a roll; Realty index surges 6%
Jun 14, 2014
MUMBAI: Shares of real estate companies are on a roll with most of the frontline stocks trading higher by up to 17% on the bourses after President Pranab Mukherjee in his joint address to the Parliament today said that the government proposes proper housing to all citizens by 2022.
Real estate trusts may tap Rs 90k cr in first year
Jun 14, 2014
MUMBAI: Real estate investment trusts (Reits), which are expected to get a green signal in the upcoming Budget, could open up a new source of funding for developers battling declining sales and high cost of funds.
Real estate majors' stocks crack under political pressure
May 02, 2014
DELHI: Shares of New Delhi-based realty majors DLF and Unitech came under heavy selling pressure on Wednesday, falling eight per cent each, the most in three months.
DLF gets Rs 93.5 crore from IDFC against sale of Noida IT Park
Mar 12, 2014
DELHI: India's largest realty firm DLFBSE 0.06 % today said it has received Rs 93.5 crore from IDFCBSE -2.42 % as final instalment for acquiring an IT Park project in Noida.
DLF again under competition watchdog's lens
Mar 08, 2014
MUMBAI: Real estate major DLF is once again being investigated by the Competition Commission of India (CCI) for allegedly misusing its dominant position in the market by drafting a one-sided agreement with the buyers of flats in its New Town Heights project in Gurgaon.
DLF appoints three new directors
Feb 17, 2014
DELHI: Realtor DLF on Saturday said it has appointed three directors on its board to strengthen its management.
DLF net profit almost halves to Rs 1.45 billion
Feb 15, 2014
DELHI: DLF Ltd India's top real estate developer, reported quarterly net profit almost halved, hurt by a one-off loss, although the profit was slightly ahead of analysts' estimates.
DLF may not gain much from stake sale in Aman Resorts
Feb 11, 2014
DELHI: The stake sale in Aman Resorts may not have a significant impact on the earnings of real estate developer DLF. Despite several asset sales in the past, DLF's stock has halved in the past one year due to the company's weak operational and financial performance.
DLF to get Rs 700-crore refund from DDA
Feb 11, 2014
DELHI: Realty major DLFBSE -0.49 % will get a refund of around Rs 700 crore from the Delhi Development Authority (DDA) for returning a 35-acre plot of land it had acquired in 2007 in Dwarka to build a convention centre, a senior company executive said.

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