Latest Realty News

Public Private Partnership: Bridging the gap
Dec 21, 2013
DELHI: Public Private Partnership (PPP) broadly refers to long-term, contractual partnership between the public and private sector agencies, specifically targeted towards financing, designing, implementing and operating infrastructure facilities and services that were traditionally provided by the public sector. PPPs are therefore “cooperative venture between the public and private sectors, built on the expertise of each partner that best meets clearly defined public needs through the appropriat
Lutyens' Delhi: Rentals shoot through the roof as rich line up to rent sprawling properties
Dec 20, 2013
DELHI: Guess what's the new fad among rich Indians? Renting a bungalow in the verdant Lutyens' Delhi, where the country's high and mighty live.
DLF completes sale of 74% stake in life insurance JV to DHFL
Dec 19, 2013
DELHI: Realty firm DLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing FinanceBSE 0.57 % for an estimated Rs 250-300 crore.
Cushman names Edward Forst as company's new President, CEO
Dec 18, 2013
DELHI: Global real estate consultant Cushman & Wakefield Inc today announced Edward C Forst as the new President and Chief Executive Officer of the company.
Fresh supply of mall space up 39% in 2013; no addition in NCR
Dec 18, 2013
DELHI: Fresh supply of retail space in shopping malls increased by 39 per cent in 2013 to 4.59 million sq ft in eight top cities despite delay in completion of 18 malls, said a global property consultant.
Housing prices in India fall 1.7% in April-June on poor demand
Dec 17, 2013
DELHI: Housing prices in India fell 1.7 per cent during the April-June quarter due to poor demand amid subdued economic conditions and there are no signs of recovery, real estate consultancy Knight Frank said.
Selling your old flat to buy new property? Few things to know
Dec 17, 2013
DELHI: Sanjay Dhule is keen to sell the old flat he inherited from his parents and buy a new one in the same city. He has realised that not only is it difficult to get a buyer for the old flat, but the cost of the new one is also high. He will have to put in his own money as well, but is unsure about completing both the sale and purchase transactions seamlessly. He is also worrying about the costs and taxes that may be applicable to him. How should he manage this?
Sell IB Real Estate Ltd with a target of Rs 60: Sandeep Wagle
Dec 16, 2013
DELHI: In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services shares his views on IB Real Estate Ltd.
Conversion of land use disallowed
Dec 16, 2013
DELHI: The Supreme Court last week dismissed appeal of Oswal Agro Mills Ltd against the judgment of the Bombay High Court which had quashed the sanction accorded by the Municipal Corporation of Greater Mumbai for construction of a residential cum commercial complex in its land in Chembur, in the heart of the metropolis. The high court had asked the municipal commissioner to consider the objections raised by the Police Department, Ministry of Petroleum, Ministry of Environment and Intelligence Bu
Tata Value Homes sells over 50 homes online during Great Online Shopping Festival
Dec 15, 2013
DELHI: Tata Value Homes, a subsidiary of Tata Housing Development, today said it sold over 50 flats registering sale of over Rs 25 crore during the four-day Great Online Shopping Festival (GOSF) organised by Google.
‘India should up its transparency quotient’
Dec 15, 2013
DELHI: Global investors in real estate are skipping India and moving to countries like Indonesia and China to make investments, as issues such as regulatory framework and returns are still a matter of concern here.
How to be successful in real estate investing
Dec 14, 2013
DELHI: Real estate investment is capital intensive. For an investor, it is imperative to take account of certain aspects before taking the decision, which has long term implications. Here is a snapshot of some of the most important aspects.
Panchsheel anounces the launch of ‘Pratishtha’
Dec 13, 2013
DELHI: Panchsheel Buildtech Pvt. Ltd, a leading real estate company of NCR has announced the launch of its prestigious residential project ‘Pratishtha’. Strategically located at one of the booming destinations of Noida, at Sector 75, the project is a perfect combination of modern, luxurious and comfort living.
Greater Noida West: Emerging commercial and retail destination
Dec 13, 2013
DELHI : From the day of launch, ‘Greater Noida West’ is the affordable housing destination. But in the coming years, this location will play a major role in developing retail, commercial and IT/ITeS zone for millions too. Vikas Jain, managing director of Sarvottam Group shares his view point.
Raj Nagar Extension: A locality with potential
Dec 13, 2013
DELHI: Today, amongst places to invest in, Ghaziabad’s National Highway 58 is the most sought after. This stretch has been seeing a lot of development and has an investment potential. This stretch promises a lot for anyone looking for an affordable house. Many developers are coming up with their projects on this stretch, to meet the burgeoning demand of the middle class.
Low income housing sector in India
Dec 13, 2013
DELHI: Low income housing sector has always been avoided by the big players in the real estate development business. Reason being the low margins, greater effort and set of skills which are different from what the traditional builders possess. These factors have kept away reputed builders from this sector. Tata Housing has its presence in this sector.
Cabinet may decide on FDI in pharma, housing tomorrow
Dec 13, 2013
DELHI: The Cabinet is expected to take a decision tomorrow on relaxing FDI norms for the housing sector and reducing foreign direct investment cap to 49 per cent in critical areas of the pharma segment.
Launches of new homes drop 12 per cent in 8 major cities this year: Cushman & Wakefield
Dec 12, 2013
DELHI: Launch of new homes dropped by 12 per cent to over 1.72 lakh units so far during this calendar year in the eight major cities due to cautious approach by developers in view of slowdown in demand, according to global property consultant Cushman & Wakefield.
Property prices in Mumbai, Delhi highly overvalued, say analysts
Dec 12, 2013
BANGALORE: After years of double-digit growth, house price rises in major cities are expected to slow to just under 8 per cent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
'Launch of new homes falls 12% in 8 cities this year'
Dec 12, 2013
DELHI: Launch of new homes dropped by 12 per cent to over 1.72 lakh units so far during this calendar year in the eight major cities due to cautious approach by developers in view of slowdown in demand, according to global property consultant Cushman & Wakefield.
Realtors queue up to make 12 lakh homes in Gurgaon
Dec 12, 2013
DELHI: With over 50 developers signing up to build affordable housing projects in new sectors, buying a flat in the city at a relatively economical Rs 12 lakh is set to become a reality. The low-cost housing policy project announced by the state government in August fixed the price of flats at Rs 43,000 per sq m with the sizes of flats ranging between 28 and 60 sq.m. The department of town and country planning (DTCP), Haryana, has set a deadline of four years from the approval of building plans
Chennai in top 25 real estate destinations in Asia-Pacific: PwC survey
Dec 12, 2013
MUMBAI: Domestic as well as international investors are looking at newer cities with stable assets for investments, a trend that will be prominent in 2014, and accordingly Chennai jumps to the hot—list for the first time, says a PwC survey.
Property tax deadline extended to Dec 31
Dec 11, 2013
DELHI: The MCG office saw a huge rush all through 10 December, the last day to pay property tax and avail rebate, before the state government decided the same evening to extend the deadline to December 31.
Early start, proper planning will guarantee good future
Dec 10, 2013
DELHI: Lt Col Jit Bahadur Chettri, a 39-year-old Indian Army officer, is posted in a remote area in North-East India. His wife Ritu is also an officer in the Army Education Corps. They have two sons, Sparsh (9) and Utkarsh (7). Chettri represents that rare breed of officers who are financially well-aware of the need to meet their financial goals comfortably. When Lt Col Chettri approached us for financial planning this year, his family already had a well-diversified investment portfolio. With a
Bangalore real estate gets maximum PE investment
Dec 09, 2013
DELHI: Bangalore's realty market received the maximum private equity investment of nearly Rs 2,000 crore in the country during January-September 2013 with increased demand for leased office assets from institutional investors, according to property consultant Cushman & Wakefield.

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