Latest Realty News

Property-Prices-Soften-by-1%-in-Delhi-NCR:-Report
Jan 20, 2016
New Delhi: Property prices fell by an average one per cent in the Delhi-NCR during October-December period compared with the previous quarter on higher supply, according to a report by property portal 99acres.com.
Delhi tops nation in property frauds
Jul 07, 2014
DELHI: The capital tops the list in terms of cases related to property fraud and misappropriation among all states and union territories in the country, according to the National Crime Records Bureau (NCRB).
Major Indian property markets of Mumbai and Bangalore slip in 2014 ranking: Report
Dec 11, 2013
MUMBAI: Major Indian property markets of Mumbai and Bangalore have slipped further as real estate investment destinations in the Asia-Pacific region, according to a PricewaterhouseCoopers (PwC) report. Mumbai and Bangalore have slipped to the 23rd and 20th positions in the 2014 rankings from 20th and 19th positions, respectively in 2013 survey.
Indian rental returns among lowest globally
Nov 16, 2013
DELHI: The return on investment on residential properties through rentals in tier 1 cities in India is among the lowest in the world. The rental yields in Delhi are the lowest at around 2% while Mumbai fares better at 3.5%.
What to do in case of theft of property documents
Nov 12, 2013
DELHI: The loss, theft or misplacement of property documents is a cause of concern forproperty owners since no transaction can be completed without checking the original sale deed.
It costs to maintain your property
Nov 09, 2013
DELHI: Buying a house is a cumbersome task. Some people may feel overwhelmed even after the purchase, thanks to hefty maintenance bills that can make a hole of up to Rs 4,000-5,000 per month in the pocket. Of course, the amount varies from building to building, but can become aburden for a person who is also bearing the burden of the home loan.
Land Acquisition Bill will help economical use of land
Sep 02, 2013
DELHI: The Land Acquisition Bill will help in economical use of land which is a scarce commodity in the country, government on August 29 said.
Realty sector can double its share in GDP to 13% by 2025
Aug 12, 2013
DELHI: The realty sector can more than double its contribution to GDP to 13 per cent by 2025 on rising housing demand, if the government removes bottlenecks in infrastructure, lowers borrowing cost and makes process of approvals shorter, global property consultant CBRE said.
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.
Most owners refuse to pay house tax in Gurgaon
Jul 11, 2013
DELHI: Most of the apartment owners and housing societies in different parts of Gurgaon did not file their property tax despites the MCG’s deadline on the pretext that they can’t pay double taxes to different authorities – the MCG and the developer of their society.
Has housing become more affordable now?
Jun 17, 2013
DELHI: While property price have gone up significantly over the past couple of years, so have the salaries. The cost of property for an average Indian in 1995 was about 22 times his annual salary. Today, he can buy it at just under 5 times his annual salary.
Lal dora plan to push up realty rates in Delhi-NCR
Jun 17, 2013
DELHI: A day after the Delhi government announced a policy to allow the extension of lal dora land, real estate dealers in areas like Ayanagar, Ghitorni, Sultanpur and Chhatarpur have started sniffing a windfall. If all goes well, they expect an instant increase of 20% in real estate rates from the day registration of the properties starts.
Multi-storey in high demand in Delhi
Jun 11, 2013
DELHI: Demand for multi-storey buildings in Delhi was recorded as approximately 53 per cent during the Feb-Apr 2013 period, a rise of 2 per cent from the Nov 2012-Jan 2013 period. The growing space crunch in the capital city could be the reason behind the demand for multi-storey units being the most preferred property type across all categories.
Delhi to get tout-free, seamless property registration system
May 20, 2013
DELHI : In a major revamp of existing property registration system, Delhi Government will put in place a transparent mechanism by end of the year under which people will be able to access hassle-free services in all 13 sub-registrar offices without any jurisdictional issue.
Soon, Outer Delhi may grow vertically
Jan 27, 2013
NEW DELHI: The skyline in outer Delhi may change in the years ahead if the government approves a plan to let private developers build high rise codomimums, spacious 15-17 story housing complexes with modern facilities. To ensure that development is uniform and planned, the government is set to finalise rules for "land pooling" which would ensure that there is no indiscriminate building spree.

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