Latest Realty News

No slowdown in real estate sector, demand coming from tier-II, III towns: DLF
Mar 21, 2013
LUCKNOW: While the country may be going through a slowdown, country's leading real estate player DLF says that it did not feel any such downward pressure. Vice Chairman and MD, DLF, Mohit Gujral said that the demand for residential and to some extent commercial projects was always there and DLF did not feel any effects of the slowdown.
DLF to focus on core business, to launch more projects in 2013-14
Jan 27, 2013
NEW DELHI: Close on the heels of selling its non-core assets, realty giant DLF will shift focus to its core housing and commercial ventures and plans to launch up to 15 million square feet of new projects next fiscal.
Registration of Andhra Pradesh Housing Board projects put on hold
Nov 02, 2012
HYDERABAD: Property registrations of various residential and commercial projects being taken up jointly by the Andhra Pradesh Housing Board (APHB) and private players have come to a standstill.
Lodha Developers pays Rs 2725 cr to DLF to acquire 17-acre land in Mumbai
Nov 01, 2012
Mumbai: Lodha Developers today said it has completed the acquisition of 17-acre prime land in Mumbai from realty major DLF for Rs 2,725 crore -- the largest realty deal so far this year.
Economic development corporation notice to DLF for its failed 'mall'
Oct 17, 2012
PANAJI: Trouble continues to haunt the Delhi-based infrastructure company DLF, as the state government-run economic development corporation (EDC) has decided to issue a show-cause notice to the company as to why the lease should not be cancelled as the company has not utilized the plot allotted to them at Patto Plaza, Panaji, within the stipulated time. DLF was allotted the plot of over 18,000
Robert Vadra led companies bought 41 DLF flats and sold most of them at a profit
Oct 15, 2012
NEW DELHI: Robert Vadra, the son-in-law of Congress Party president Sonia Gandhi, had bought as many as 41 premium apartments from DLFBSE -0.75 % but subsequently sold most of them at a profit. All the apartments were acquired by companies promoted by him, including Sky Light Hospitality- which had dealings with DLF- by paying a minimum booking amount, with the exception of a luxury pad in the pi
DLF clarifications 'half truths and lies': Arvind Kejriwal
Oct 07, 2012
NEW DELHI: Activist Arvind Kejriwal on Sunday described the clarifications of realty major DLF on his allegations that Robert Vadra was given property at throw away prices for government favours as "half truths and lies". "DLF has issued a response. It is full of half truths and lies. A lot of information has been suppressed," he tweeted. "We will issue a detailed response tomorrow. But doe
DLF to pay Rs 10L to allottee Agencies
Sep 30, 2012
New Delhi: DLF Home Developers has been asked by a district consumer forum here to pay Rs 10 lakh to one of its allottees for refusing to refund the booking amount for a flat in a project which did not have legal sanction for execution. The forum also restrained DLF from "launching or advertising" any project without putting up on its website or in its advertisement information about the legal
Developers don't find affordable homes 'affordable'
Sep 02, 2012
Developers could not find the model of affordable housing viable as they used same resources for premium projects and due to rise in cement and steel prices During the slowdown of 2008 and 2009, many big and not-so-big property developers had caught on to the ‘affordable’ phenomenon like never before. Realtors including DLF, Unitech, Tata Housing, Omaxe, Puravankara and Usha Martin, had all ru
DLF on track to cut debt after Mumbai land sale
Aug 13, 2012
MUMBAI: DLF, India's biggest property developer, is closer to meeting its debt reduction target after it agreed to sell its plot of land in Mumbai for 27 billion rupees ($488 million) to Lodha Developers on Monday. Like other developers, DLF gorged on cheap finance during the 2007-08 property boom in Asia's third-largest economy to fund ambitious expansion plans for millions of square feet of

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