Latest Realty News

GDA pressures builders with threat to seal flats
Sep 05, 2014
Home-owners in scores of housing societies in Indirapuram have been served notices by the Ghaziabad Development Authority that their flats will be seized unless deeds of declaration are submitted to the civic agency
Houses with over Rs 1 lakh pending taxes to be confiscated in Ghaziabad
Sep 05, 2014
The municipal corporation has identified 118 residential properties in all its five zones in the city which it will soon confiscate for pending house and water tax amounting to overRs 1 lakh
Rise of property prices slack in city
Sep 04, 2014
The prices of residential property in Mumbai witnessed a 16 per cent increase over the last three years as compared to 41 per cent and 28 per cent in Bengaluru and Pune, respectively, according to the latest report from global real estate consultant, Cushman & Wakefield
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
Narayana Murthy invests in realty, Azim Premji to follow suit
Sep 04, 2014
Property has always been a major investment avenue of the rich. Now, some of the people one would expect to focus on enterprising ventures are also looking at rent-yielding property
134 licences issued to builders in three months before polls
Sep 04, 2014
With the model code of conduct set to kick in anytime, the Haryana state government seems to be in a hurry to issue licences to builders
Luxury homes in Pune beat affordable ones in demand
Sep 04, 2014
The city's high-end residential segment has shown a smart 39% rise in capital value in the 2011-14 period — the highest any market has shown in the country, a report by real estate advisory company Cushman & Wakefield has said
Chief Ministers' Conclave on Housing on Sep 12
Sep 04, 2014
A special comclave of chief ministers is to be held in the national capital Sep 12 to push the agenda of housing for all by 2022, said the National Real Estate Developers' Council (NAREDCO) here
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
Fire rule setback to gain in building height
Sep 03, 2014
Almost a year after Delhi Development Authority increased the cap on height of residential buildings from 15 metres to 17.5 metres, no one has benefited from the new policy
Two more Greater Noida villages under the scanner in land scam
Sep 02, 2014
Weeks after the land consolidation fraud — amounting to more than Rs 350 crore — was revealed in Jaganpur and Afzalpur villages in Greater Noida, two more villages are under the vigilance scanner
Hoteliers lobby for changing norms to reduce parking space
Sep 02, 2014
Urban planners may be arguing in favour of creating adequate parking space within commercial complexes to reduce on-road parking, but the hoteliers in Delhi are pushing for changing norms to reduce parking space within the premises
DDA housing: Cloud over Rohini flats as village seeks better deal
Sep 02, 2014
ocal agitation may delay handover of at least 3,000 flats in Rohini. Following a compensation dispute, residents of Barwala village, which encircles Rohini's sectors 34 to 37, had in April 2013 filed a writ petition in the Delhi high court against DDA's plan to construct flats there
Construction firm to pay Rs 4 lakh for mala fide intention to Haryana resident
Sep 02, 2014
A construction firm has been asked to pay Rs four lakh by a consumer forum here which said that it was trying to grab the money of "innocent consumers" with "mala fide" intention
Political Blame Game Over DDA Housing Scheme
Sep 02, 2014
As the Delhi Development Authority (DDA) launched its much-awaited housing scheme on Monday, the Congress and the BJP resorted to mudslinging over the flats meant for economically weaker sections
Delhi civic bodies play safe on illegal shrines
Sep 01, 2014
Last week, the Supreme Court expressed anger over tardy implementation of its January 2013 order on demolition of illegal religious structures and statues on encroached government land
Land worth Rs 50 crore freed from encroachment along Noida-Greater Noida Expressway
Sep 01, 2014
Noida Authority on Sunday removed encroachment along Noida-GreaterNoida Expressway
Centre may take up task to please city slum-dwellers
Sep 01, 2014
The state government may have resolved to extend the benefit of slum regularization to more number of colonies in the city, but the BJP government at the Centre does not want to be left behind as it readies to launch a survey of unauthorized colonies and initiate steps to regularize them
DDA launches Housing Scheme 2014 for 25,034 flats, gets huge response
Sep 01, 2014
The DDA today launched its much- awaited 'Housing Scheme 2014' offering over 25,000 flats across various categories, amid a huge response from people
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"
Boost for builders in new land rule
Aug 30, 2014
In a decision that will help real estate developers use agricultural land, the Uttar Pradesh government on Friday cleared a decision to allow urban land fragmentation in the state. With this, real estate developers will now be allowed to convert pockets of agricultural land for residential or industrial use
PM Modi's 100 days: Smart cities set for take-off, state governments asked to identify cities
Aug 28, 2014
Among PM Modi's pet plans, few would be more significant to India than building 100 smart cities, as the country is in the middle of a massive wave of urbanisation
Delhi HC asks Centre to clarify stand on amended Delhi Rent Act
Aug 28, 2014
The Delhi high court on Tuesday asked the new government at the Centre to clarify its stand on the implementation of the amended Delhi Rent Act, 1995
Tired of infrastructure woes, Mayfield residents march to DC's office
Aug 28, 2014
Residents of Mayfield Garden on Wednesday held a protest march from Rajiv Chowk to deputy commissioner Shekhar Vidyarthi's office in old city, for being denied power connection due to the apathy of the developer as well as power discom and local authorities
Pune high-end residential records highest capital value appreciation
Aug 26, 2014
It seems property in Pune have a better rate of capital value appreciation than other metro cities. According to a report Pune recorded the highest average appreciation in the high-end properties in the last three years (H1 2011 – H1 2014) and second highest appreciation rate in the mid-segment properties.

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