Latest Realty News

Realty firms hope poll outcome to bring turnaround in market
Apr 29, 2014
DELHI: Makeshift tents erected by real-estate brokers were a common sight across Noida until a year ago; so were home shoppers hopping between new apartments.
Delhi-NCR real estate outlook promising in 2014
Apr 14, 2014
DELHI: Hyman Minsky, the noted American economist, linked an economy's life cycle with speculative investment bubbles which are endogenous to it. He stated that during prosperous times when the economy booms, corporate cash flows rise higher than corporate debts, and this leads to speculative euphoria.
Raze Noida twin towers, HC orders Supertech
Apr 12, 2014
NOIDA/ALLAHABAD: The Allahabad high court on Friday ordered the demolition of two 40-storeyed residential towers of Supertech's Emerald Count in Noida's upscale Sector 93A for flouting building norms, a ruling that sent shock waves across the booming real estate market in the National Capital Region.
Supertech to challenge Allahabad HC order in Supreme Court
Apr 12, 2014
DELHI: Realty firm Supertech today said it will challenge the Allahabad High Court order to demolish the company's two 40-storey towers in Noida housing project before the Supreme Court
Buying a property? Pick one before elections are over
Apr 11, 2014
DELHI: Discounts and offers from real estate developers are common, but this Navaratra was extra special with builders going over the top—bigger discounts, a variety of flexi-payment plans and freebies to attract buyers. The reason? The property market is witnessing a glut. According to Cushman and Wakefield, there was a 12% drop in new launches in the top eight cities and yet the supply is more than demand. Prices have remained flat (even fallen in some specific pockets) for quite a few months,
Online property buying catches up
Apr 08, 2014
DELHI: Buying a house online could soon be commonplace with major players waking up to the potential of the online space, which was hitherto limited to checking designs and prices of properties.
Labourers attending rallies delays construction
Apr 07, 2014
NOIDA: The election fever has slowed down the speed of housing projects in NCR. Developers say that large number of labourers are made to attend political rallies to show huge public support.
The real cost of freebies
Apr 07, 2014
DELHI: Indians always await an auspicious time to conduct financial transactions, especially the purchase of assets including real estate — so, what time would be more opportune than festival seasons like Navaratra in March-April and in October-November, which extends up to Diwali and further on to Christmas.
MoEF’s 1992 notification paves way for real estate players in Faridabad Aravalis
Apr 06, 2014
DELHI: A 1992 notification of the ministry of environment and forests (MoEF) has proved spoiler in the protection of Aravalis in Faridabad and has paved the way for real estate players to eye these areas. This also seems to have given a free hand to the Haryana government to issue approvals for non-forest activities in these areas.
Maintain status quo says HC on construction near Jama Masjid
Apr 05, 2014
DELHI: The Delhi High Court today ordered that status quo be maintained in connection with alleged illegal constructions close to Jama Masjid here.
Unitech group firm UCP in talks to sell stakes in 6 projects
Apr 04, 2014
DELHI: UnitechBSE 2.82 % Corporate Parks, a Unitech group firm listed in London, today said the company is in talks to sell its majority stake in 6 IT SEZ/Park projects in India being developed jointly with the realty major.
Investment in realty sector dips 65% in 2013 at $1.2 bn
Apr 04, 2014
DELHI: Investment in Indian real estate declined by 65 per cent to $1.2 billion during 2013 but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said
Work speeds up on Dwarka Expressway
Apr 03, 2014
DELHI: Dwarka Expressway has emerged as one of the most sought-after real estate destinations in the National Capital Region (NCR).
Delhi-NCR outlook promising in 2014
Apr 03, 2014
DELHI: Hyman Minsky, the noted American economist, linked an economy's life cycle with speculative investment bubbles which are endogenous to it. He stated that during prosperous times when the economy booms, corporate cash flows rise higher than corporate debts, and this leads to speculative euphoria.
NCR realtors to clear stock this navratri season
Apr 03, 2014
DELHI: THIS navaratri both Gurgaon and Noida realtors though focusing on clearing inventories, are going with their independent strategy. Gurgaon developers are doing everything to meet their project completion deadlines so as to expedite sales whereas Noida realtors are doling out freebies and discounts to rap up inventories.
Developers hail RBI's decision to keep policy rates unchanged
Apr 02, 2014
DELHI: Realtors' body CREDAI today hailed the RBI's decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.
Developers hail RBI policy; demand easing of interest rate
Apr 02, 2014
DELHI: Realtors’ body CREDAI today hailed the RBI’s decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.
Interest on home loan from employer may get tax sop
Apr 02, 2014
DELHI: The finance ministry has proposed to allow tax deduction against intrest on loans taken from employer for self-occupied property in addition to home loans from banks, a concession that was not offered in the DTC Bill introduced in Parliament.
Raj Nagar Extension: mix of real estate projects
Apr 01, 2014
DELHI: With easy availability of affordable houses, Raj Nagar Extension (RNE) is a one-stop destination for a wide band of middle-class end users. Buyers have several purchase options here like construction-linked plan, ready-to move plan, among others.
As election nears, property buyers turn fence-sitters
Apr 01, 2014
DELHI: Businesses ranging from print media to SUV-makers do brisk business if elections are around the corner. But real estate majors claim that the polls this year have aggravated the slowdown.
DDA's Master Plan 2021 to check realty prices in Noida, Gurgaon
Mar 29, 2014
DELHI: Hailing the 2021 Master Plan of Delhi Development Authority ( DDA) that envisage Land Pooling Scheme (LPS), the NCR developers have opined that it would help in checking the skyrocketing prices of housing units in Delhi as well as NCR. The industry insiders opined that these would be at least 15-20 percent cheaper as compared to the projected prices of the realty properties in next three to four years because it is aimed at hitting the demand-supply constraint both for developers and the
Plea to make Delhi roads friendly for the physically-challenged
Mar 29, 2014
DELHI: The Delhi High Court on Wednesday issued notices the Delhi Government, the New Delhi Municipal Council, the three Municipal Corporations of Delhi, the Delhi Police and the Delhi Development Authority on a public interest litigation seeking directions to make the Capital’s roads friendly for the visually and hearing-impaired pedestrians.
Unitech signs Rs 1,100-cr leasing deal with Aricent, Fidelity
Mar 28, 2014
DELHI: Realty major Unitech has leased about one million sq ft office space in its under-construction SEZ at Gurgaon to Aricent and Fidelity in a deal that would give about Rs 1,100 crore rental income over 15 years
Realty demand to grow post elections: Colliers
Mar 28, 2014
DELHI: Colliers International, the leading real estate services company, has released its India Residential Overview and Forecast Report.
How to make home purchase stress free
Mar 28, 2014
DELHI: What are some of the most difficult and emotionally stressful experiences in any person’s life? We can easily list the top four: The death of a loved one, breakdown of a marriage, change of jobs and buying a home. Does the last point really belong to this list? Actually, it does.

Latest Realty News Of State

Realty Talk's