Latest Realty News

Fliers to fill up new immigration form from tomorrow
Mar 01, 2014
DELHI: Passengers flying into India will have to fill up a new immigration form from tomorrow to declare Indian currency exceeding Rs 10,000 being brought by them, among others.
Neharpar on strong growth trajectory
Feb 28, 2014
DELHI: Neharpar of Faridabad is well on its way to becoming a realty hotspot with the new initiatives by development authorities like Huda to further integrate the city with Delhi and the neighbouring NCR cities. Also, Delhi Metro is planning to extend its corridor to Faridabad in the near future. These, coupled with the increasing housing demand prompting developers to launch a slew of new residential projects across segments, have put Faridabad on a strong growth trajectory.
Global investable real estate to grow by more than 55 per cent by 2020
Feb 28, 2014
DELHI: Rapid urbanisation and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years, according to Real Estate 2020: Building the future, a new report from PwC. At the same time as the industry’s opportunities grow, so too will assets invested into the sector.
Housing demand across segments remained weak during 2013 : CBRE Report
Feb 27, 2014
DELHI: A slowing economic growth, coupled with high property prices and steep interest rates, resulted in weak demand for housing during the second half of 2013, according to CBRE’s bi-annual India Residential Market View report for H2 2013. High vacancy levels and rising construction costs led to a slowdown in construction activity, leading to a decline in new launches, and further delay in project completion timelines.
Dwarka Expressway: ‘Destination next’ for property buyers
Feb 27, 2014
DELHI: With property buying becoming increasingly difficult in Delhi, the NCR, especially Gurgaon, has become a major alternative destination where real estate projects have mushroomed at an unprecedented rate. Over the past 10 years, the pace of growth of the real estate sector in Gurgaon has been unparalleled and new housing societies, commercial complexes have emerged at a rapid pace.
Bhiwadi offers quality living at affordable rates
Feb 27, 2014
DELHI: The status of Bhiwadi as a priority town of the NCR has catapulted it to a pole position and put it firmly on investors’ radar. Known primarily as an industrial town, Bhiwadi comprises industrial centres of Bhiwadi, Khushkhera, Chopanki, and Sare Khurd. But today Brand Bhiwadi stands for quality living at affordable values, amongst other things. Comparatively low land prices, increasing housing demand, and good connectivity with Gurgaon and other parts of the NCR have attracted the attent
NCR Planning Board meet called over Haryana plan
Feb 27, 2014
DELHI: The NCR Planning Board will meet on March 6 to discuss, among other things, an approval of Haryana’s crucial sub-regional plan.
Private equity inflow in realty sector up 13 per cent to Rs 7000 crore: Report
Feb 25, 2014
DELHI: Private equity investment in the real estate sector increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment, global property consultant Cushman & Wakefield said.
However, realtors still seen tapping customers
Feb 25, 2014
DELHI: Most developers and consultants have put in an “uncertain” clause in their annual planning for real estate projects, and have decided to fine tune schemes only after election results in June. But even as upcoming elections have slowed down real estate launches and announcement of new projects in the country, developers and brokers are using this time not just to clear inventory but also to tap customers in a slow market.
DLF sales bookings up 46 per cent to Rs 3,760 crore in April-December
Feb 24, 2014
DELHI: Realty major DLF's sales bookings rose 46 per cent to Rs 3,760 crore during April-December period of this financial year despite a slowdown in the real estate market.
Rs 120 cr in tax dues from over 1,000 properties: NDMC
Feb 24, 2014
DELHI: Property tax worth Rs 120 crore is due from over 1,000 commercial and residential properties in north Delhi, the North Corporation has said while warning of measures to name and shame defaulters.
Miranda House and Lotus Greens spread message of sustainability at Tempest 2014
Feb 24, 2014
DELHI: Sponsored by Lotus Greens, the real estate company known for its Environment friendly initiatives & Sustainability drive, the annual Miranda House Fest – Tempest, rocked the Delhi University one more time. The fest appropriately adopted the theme shades of green, to spread awareness on sustainability. The idea of the three vital Rs- Reduce, Reuse and Recycle, were utilized in all aspects of the fest from campus decorations to the events. Even the Invites for the fest were handmade and de
DDA goes chic, new flats to be modern and green
Feb 24, 2014
DELHI: The Delhi Development Authority (DDA) is planning a complete makeover of its flats, adopting snazzy, contemporary designs for its new batch of energy-efficient ‘green’ flats. The new flats will come up in the next two years.
Buying a house? Mitigate risk with possession-linked plan
Feb 23, 2014
DELHI: With sales in the real estate sector slowing down, developers are coming up with a variety of attractive offers to persuade customers to buy. One innovation that the current slowdown has spawned is the possession linked payment (PLP) plan. Until recently, the most popular plan was the construction linked payment (CLP). Here, the payment to developer, either by the buyer or the bank from which the loan is taken, is linked to construction milestones.
VBHC launches VAIBHAV Phase II in Delhi NCR
Feb 22, 2014
DELHI: Value and Budget Housing Corporation (VBHC), pioneers of affordable housing in India, have announced the launch of Phase II of their Project Vaibhav in NCR- Bhiwadi region. Vaibhav Phase II will have a total of 395,866 sq ft 2BHK apartments. The township is built in 5 towers of 2 basements& 10 floors each and the project is spread across 4 acres of land.
Noida-based realtors demand for Environment Impact Assessment
Feb 22, 2014
DELHI: To meet the deadline of both residential and commercial projects and bring the prices down by at least 10 per cent, the Noida-based realtors have demanded for Environment Impact Assessment (EIA), a norm for provide auto environmental clearance to all types of real estate projects in India.
Connaught Place eighth costliest office location in world: Report
Feb 19, 2014
DELHI: Connaught Place in Delhi slipped four notches to become the world's eighth most expensive office location as rentals remained stable and rupeeweakened in 2013, said property consultant Cushman & Wakefield.
Lokpal: Govt employees to file separate property returns
Feb 19, 2014
DELHI: All government employees have to file a revised declaration, information or return of their liabilities and those of spouse and their dependent children as per the mandatory requirement under the Lokpal regime, which came into being two days ago.
Vote on Account 2014: Realtors unhappy with interim budget
Feb 18, 2014
DELHI: Realty developers today expressed disappointment that interim budget did not provide any relief to the sector but hoped that steps to push growth in other industries such as automobile would boost housing demand.
Correct portfolio mix can increase returns
Feb 18, 2014
DELHI: To optimize an investor's returns from a portfolio and minimize the risks in it, there should be a correct mix of investment options. And such options could include mutual funds (both debt and equity), fixed deposits (FDs), insurance, gold and real estate.
India Inc's capital costs sail northwards: EY survey
Feb 17, 2014
DELHI: Corporates in India are incurring increased cost of capital unlike the developed world, mainly due to higher interest rates, says a survey.
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.
Govt destroying Aravali green cover to push realty: Activists
Feb 17, 2014
DELHI: Environmental activists have alleged large-scale felling of trees in the Aravalis, particularly in Mangar and Roz Ka Gujjar, as the Haryana Government pushes hard to get its revised sub-regional plan approved by the NCR Planning Board. The activists allege the ploy behind clearing of forests is to project that many areas in this region have no vegetation.
40.72 lakh high spenders in the country under tax scanner
Feb 17, 2014
DELHI: Over 40.72 lakh high value spenders are under the scanner of the Income Tax department which plans to check potential evasion instances before the closing of the financial year on March 31.
Greater Noida West brings opportunity for retail buyers
Feb 15, 2014
DELHI: Commercial property has always been considered a huge investment and preferably a deal made for corporate houses, MNCs, big and foreign investors. Retail players or small buyers found it expensive due to location, size and cost and hardly got a small office space within their budgets, so they preferred to rent a small office space to run their operations. But for the first time in the NCR (National Capital Region), Greater Noida West is offering opportunity for retail and small buyers too

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