Latest Realty News

National Green Tribunal whammy to realty projects in Noida
Aug 16, 2013
DELHI: In a major setback to realty projects in Noida, the National Green Tribunal (NGT) on August 14 ordered the Noida Authority to stop construction work of all projects which do not have requisite environmental clearances within 10km radius of Okhla bird sanctuary. The tribunal has also directed Noida Authority to conduct a fresh survey and find out the projects falling within the radius.
PE investment in realty drops 46% in first half
Jul 31, 2013
DELHI: Private equity investment in thereal estate sector fell by 46 per cent to $ 276 million in the first half of 2013 due to lack of good projects and weak sentiments, property consultant Cushman & Wakefield said.
Faced with sluggish growth realty companies selling land to peers
Jul 24, 2013
DELHI: Faced with sluggish growth, some large real esate companies in India have started selling parts of their licensed land in township projects to raise funds and speed up project execution.

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