Latest Realty News

Parsvnath to build township at Gurgaon-Sohna road for Rs 1,100 cr
Nov 13, 2013
DELHI: Parsvnath DevelopersBSE -1.34 % will invest Rs 1,100 crore over the next four years to develop a large, integrated township on Gurgaon-Sohna road.
Parsvnath looks to monetise land assets in southwest region
Nov 07, 2013
DELHI: Realty firm Parsvnath DevelopersBSE -0.38 % today said it plans to monetise non-core land parcel in South- West India either through joint ventures with local builders or outright sale of plots.
Realty projects get big boost, MoEF to now ease control
Jul 06, 2013
DELHI: In a major boost to realty sector, the Centre has granted power to states to decide on new townships and construction and development projects, restricting the ministry of environment and forests to environmental sustainability aspects.
Slowdown in real estate: Time for home buyers to go bargain hunting
Jun 25, 2013
DELHI:A slowdown in the real estate sector can spell opportunity for the prepared. Delhi-based publishers, Umraopati Ray, 30, and his wife PriyankaSaxena, also 30, own an apartment at PaschimVihar. As the slowdown in the National Capital Region (NCR) intensified, the young couple went hunting for good deals.
CHD Developers launches its Headquarters-CHD Sky One
Jun 24, 2013
DELHI: NCR will soon witness its own symbolic building, as CHD Developers Ltd., one of northern India’s most renowned developers are set to launch its headquarters ‘CHD Sky One’ in Dwarka Expressway. Poised to be an iconic building of India, Sky One will change the skyline of Dwarka Expressway with its stunning international design, setting a benchmark like no other.
Realty check: Major developers too picking up buyers’ interest tab
Jun 23, 2013
DELHI: To clear the stock of unsold homes, real-estate developers are willing to wait for 80 per cent of a property’s cost as long as the buyer is ready to pay 20 per cent upfront.
Buyers seek 2BHK units, developers build larger homes in Noida
Jun 22, 2013
BHUBANESWAR: How often do we come across a situation wherein supply in the real estate market is not aligned with market demands? The probable answer may be – several times. A similar situation looms large on the Noida realty market. There is a significant mismatch between demand and supply of different configurations. While 2BHK seems to be the preferred size for buyers, developers are largely building 3BHK units.
Sectors 119 and 120 in Noida offer low rental values
Jun 18, 2013
DELHI: Are you looking for an affordable rental accommodation in Noida but are anxious about the rising rental values in the sub-city? You need not worry! Sectors 119 and 120 offer low rental values compared to several other residential localities in Noida.
NDMC eases rules for building plans
Jun 18, 2013
DELHI: In a major relief to property owners in north Delhi, the municipal corporation has announced self assessment amnesty for regularization of unauthorized construction in unauthorized regularized colonies. An order in this regard was issued by the North Delhi Municipal Corporation on 14th June.
Mixed land use for Noida, Greater Noida
Jun 14, 2013
DELHI: Mixed land use will soon be a reality in Noida, Greater Noida and Yamuna Expressway areas wherein commercial activities can be carried out from sectors earmarked for other uses like residential, institutional and industrial.
Ghaziabad: 2BHK the most preferred configuration
Jun 13, 2013
DELHI: Owing to comparatively lower property values than other parts of NCR and good connectivity, Ghaziabad has developed as a preferred residential location for youngsters working in the IT hubs of Noida and Greater Noida. These young professionals being single or having small families look for smaller residential units. It is thus, no surprise that 2BHK units are the most preferred configuration in Ghaziabad.
Delhi government asks schools to improve infrastructure
Jun 13, 2013
DELHI: The Delhi government on Wednesday directed all its schools to improve infrastructure and promised to provide all financial assistance for it.
Assotech Realty to invest Rs 100 crore on service apartments in Shirdi
Jun 11, 2013
DELHI: Assotech Realty today said it will invest about Rs 100 crore to develop a service apartment project at Shirdi in Maharashtra.
Relief to builders, Centre relaxes green norms for high-rises
Jun 08, 2013
DELHI: In what will be a big relief to builders in tightly-packed cities such as Mumbai, the environment ministry has done away with green clearances for high-rise buildings based on the width of the roads that they fall by the side of and the distance from fire-stations. It has left it to the state government to makes rules as they deem fit.
Builder held in Mumbai for cheating Delhiites of Rs 25 crore
Jun 08, 2013
DELHI: A chef-turned-builder, who allegedly cheated around 3,000 investors of Rs 25 crore by promising residential plots in Navi Mumbai, has been arrested from Mumbai, police said today.
Cabinet clears real estate bill; repeat offences may land developers in jail
Jun 05, 2013
DELHI: The Cabinet on Tuesday cleared the Real Estate (Regulation and Development) Bill that provides for the creation of a regulator for the sector and tighter norms for selling housing projects.
DLF targets new sales booking of more than 50% in FY'14
Jun 01, 2013
Realty major DLF LtdBSE -5.41 % today said it is targeting more than 50 per cent jump in new sales booking to Rs 6,000 crore in the 2013-14 fiscal.
DDA to pay Rs 2L to flat applicant
May 31, 2013
The negligence of the DDA that cost an applicant an opportunity to own a flat of his own has invited a penalty of Rs 2 lakh from the top consumer court.
Online registration of properties introduced in West Delhi
May 31, 2013
People in West Delhi can now expect hassle-free registration of properties with Chief Minister Sheila Dikshit today launching an online system to ensure transparency and offer people a seamless experience.
FAR along proposed Noida Metro route to be increased
May 29, 2013
In view of the projected increase in population density along the Metro corridor planned between Noida and Greater Noida, the boards of the two authorities have jointly approved a proposal to increase floor-area ratio (FAR) by 0.5% on all plots located within 500 metres on either side of the proposed line. Proceeds from the sale of additional FAR would be used to strengthen the resources of the Metro system.
DDA plan on Dwarka water bodies sought
May 25, 2013
The Delhi Parks and Gardens Society CEO has summoned officials from DDA on June 4 to ask about their plans for reviving and maintaining water bodies in Dwarka.

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