Latest Realty News

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
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
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
Bangalore tops in home price rise
Aug 21, 2014
For long, Mumbai and Delhi-NCR have always given property buyers the best capital value appreciation. After the downturn years, however, it's the IT-led cities of Bangalore and Pune that have surged ahead in capital appreciation in residential properties
Faridabad master plan stayed by HC
Aug 21, 2014
In a jolt to Haryana government and major realtors of the NCR, the Punjab and Haryana high court on Wednesday stayed the Faridabad master plan 2031 that was recently notified by the state
It's realty firm vs villagers in Mangar encroachment case
Aug 20, 2014
A civil court will on Wednesday hear a petition filed by a real estate company against villagers for allegedly encroaching upon its land, which falls under Mangar Bani, a sacred grove spread in an area of 350 acres in Faridabad, next to the Gurgaon border
Real estate developers offer discounts to push sales
Aug 20, 2014
Property discounts will get real this festival season, after a gap of about two years
Builders expect home sales to pick up, line up schemes to woo customers
Aug 19, 2014
For a few years now, the usually peak festival season hasn't been a time of joy for the housing business, but this year builders are hopeful of a revival after the Narendra Modi-led BJP swept to power in Delhi and business sentiment improved
Vigneshwara Group MD booked for alleged fraud
May 23, 2014
GURGAON: The managing director of real estate company Vigneshwara Group and two of his family members have been booked by Gurgaon Police in a multi-crore fraud case. Some estimates put the scale of the fraud at more than Rs 1,000 crore.
Realty sector awaits booster dose
May 21, 2014
DELHI: Buyers—end users and investors—must make up their minds soon and enter the market, as prices are expected to appreciate once a new government is sworn in. A new, stable government will have a positive influence on the economic growth story, which has been sluggish in the past few months. With revival of the economy, the demand for real estate is expected to improve drastically, which would further lift the prices in the sector. Naturally, with the talk of a new government, all the stakeho
Modi regime might fuel FDI rush into real estate
May 20, 2014
DELHI: With a clear mandate for a Bharatiya Janata Party (BJP)-led government at the Centre, developers and experts are expecting a revival and an increased inflow of foreign investments into the realty sector.
Ansal API MD Pranav Ansal summoned by Delhi court
May 19, 2014
DELHI: Pranav Ansal, the managing director of real estate firm Ansal API, has been summoned by a district court in Delhi for allegedly cheating a former colleague of Rs 40 crore. According to the complaint, Suneal Mangal, who was inducted as director in Ansal's company Prime Maxi Mall Management for his experience in advertising and event management, signed an agreement with the company in 2005. Under this agreement, he was to be paid 9% of the increase in revenue of the mall management company
Inventory of unsold homes up 4.85% in January-March quarter at 7,34,000 units
May 19, 2014
DELHI: The inventory of unsold homes in the top cities has risen 4.85% in the January-March quarter to 7,34,000 apartments from just over 7,00,000 apartments in the previous quarter on the back of tepid sales and over 700 new residential projects being launched across the country, says a report by property research firm Liases Foras.
Realty players see better days
May 18, 2014
DELHI: Even before Narendra Modi has taken the oath of the office, real estate players have drawn out their wish list.
How banks determine home-loan eligibility
May 16, 2014
DELHI: Buying a home is an important personal finance decision. This not only compels us to use our savings for paying down payment for homeloan, it also makes changes to our lifestyle to accommodate the new EMI payment for the home loan.
BJP may make retail FDI more investor-friendly
May 16, 2014
DELHI: Contrary to the perception that a Bharatiya Janata Party (BJP)-led government might prohibit foreign direct investment (FDI) in sectors like multi-brand retail, senior bureaucrats believe the FDI regime could be further opened up.
Builder fined for not delivering flats
May 14, 2014
DELHI: In what could tame builders who fail to deliver houses on time, the National Consumer Disputes Redressal Forum has asked realty major Parsvnath Developers to return the entire principal amount paid by two flat buyers with 18% interest and another Rs 7 lakh compensation to each for causing mental agony and harassment because of delay in handing over possession.
Ansal Properties to invest Rs 130 crore on SEZ development in Greater Noida
May 13, 2014
DELHI: Realty firm Ansal Properties and InfrastructureBSE 3.72 % has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction.
Groups of high networth individuals make the best of slowdown in home sales
May 09, 2014
DELHI: High networth individuals (HNIs) are making the best of the slowdown in home sales. With developers under pressure, groups of HNIs, usually close friends, are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts and built-to-suit payment plans.
Delhi NCR needs more affordable housing projects
May 09, 2014
DELHI: Affordable housing has always been the need for all times. It is very satisfying to see the growth of Real Estate projects in the entire Delhi NCR. Various growth corridors in Noida, Greater Noida, Great Noida (West), such as, Noida Extension, Faridabad, Ghaziabad and Gurgaon, have made progress on this front. Developers of these areas have carefully chosen the projects, keeping in mind the demands and budget of the buyers.
Groups of high networth individuals make the best of slowdown in home sales
May 08, 2014
DELHI: High networth individuals (HNIs) are making the best of the slowdown in home sales. With developers under pressure, groups of HNIs, usually close friends, are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts and built-to-suit payment plans.
Supertech verdict may lead to activism in real estate
May 02, 2014
DELHI: Sohan Mishra has been driven to wits' end over a real estate builder reneging on the delivery date of his dream house in Noida. A delay of over one-and-a-half years has forced him to extend his rent agreement. This has strained his finances, as he is also paying back his home loan in fixed monthly installments. However, there is now a glimmer of hope.
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.
New home launches up by 43% in Jan-March: Cushman
Apr 29, 2014
DELHI: Over 55,000 housing units were launched in January-March period in top eight cities of the country, up by 43 per cent from the previous quarter.
Godrej Properties looking to enter Noida real estate market
Apr 29, 2014
DELHI: Godrej Properties LtdBSE -0.02 % is keen on entering the Noida real estate market and is looking for a partner to develop a housing project, according to a top official at the company.

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