Latest Realty News

Decision on relaxing FDI norms for housing sector likely Monday
Nov 23, 2013
DELHI: The government is likely to take a decision on Monday on relaxing FDI norms for the housing sector, including easing conditions for exit before the three- year lock-in period.
Real Estate: Understanding the Bull and Bear runs
Nov 23, 2013
DELHI: My partner and I are invariably asked questions like: “Do you think the property prices will go up?” or “Do you think Mumbai is a good city to buy property or should we rather consider Bangalore?”
Vianaar Constructions launches luxury villas
Nov 23, 2013
DELHI: ‘Vianaar Constructions is a vibrant and a quality real estate developer in and around Goa with its hallmark, unbridled enthusiasm and energy unveils its ambitious and refined line of villas Magia Arr at Salvador Do Mundo, Goa, India. The project is to commence from January 2014 and should be ready for possession by July, 2015.
Part I: Tax-related aspects of buying and selling real estate
Nov 23, 2013
DELHI: Purchase of residential property is one of the most important and long-term decisions and there are several tax aspects. Here are answers to some Frequently Asked Questions (FAQs) on various tax related aspects of property transactions.
Part II: Tax-related aspects of buying and selling real estate
Nov 23, 2013
DELHI: I am planning to buy a house by raising loans from friends and relatives. Will I be eligible for tax benefit from all sources? Interest payment to friends and relatives can be claimed u/s 24 but only against a certificate received from them. In the absence of the certificate, you would not be eligible for the deduction. The recipient of interest income who issues the certificate is liable to pay tax on the interest income that he receives. As far as the principal payments are concerned
Four great reasons to buy instead of renting a home
Nov 23, 2013
DELHI: If you’ve been indecisive about buying a home and have so far preferred to rent instead, this is a good time to finally make your move. Home ownership is one of life’s greatest joys, but that is not the only reason why you should finally take the plunge. The advantages of home ownership are:
Modular kitchens make a statement
Nov 23, 2013
DELHI: The demand for modular kitchens is growing particularly for branded quality products. As the demand for apartments grows and lifestyles change, style, convenience and efficient use of space drive the demand for prefabricated kitchens, says Sushil Matey, COO, H&R Johnson.
The sample flat trap
Nov 23, 2013
DELHI: Home buyers apportion every paisa of their personal savings and income for making a single, lifetime investment and hence have the need to save as much as they can. It is this penny-pinching that developers and real estate agents exploit by offering buttery schemes, freebies and other features to lure customers. At face value, a majority of these options seem attractive. However, when the gloss wears off, these schemes are seen to be riddled with nasty traps.
Delhi farmhouse owners bank on new rules to monetise surplus property
Nov 22, 2013
DELHI: After a change of construction rules in Delhi made provisions for smaller one-acre farmhouses, owners of large properties on the city's fringes are actively looking to unlock the value of their surplus land.
Housing prices in 12 cities rise, 10 witness decline in Q2
Nov 22, 2013
DELHI: Housing prices increased in 12 cities by up to 5.30 per cent, while it declined in 10 cities, including the national capital, by up to 7 per cent during the second quarter ended September 30.
Delhi farmhouse owners bank on new rules to monetise surplus property
Nov 21, 2013
DELHI: After a change of construction rules in Delhi made provisions for smaller one-acre farmhouses, owners of large properties on the city's fringes are actively looking to unlock the value of their surplus land.
Microtek launches Microtek Greenburg
Nov 21, 2013
DELHI: Carrying forward the legacy of trust associated with brand ‘Microtek’, the India conglomerate Action Group and Okaya Group has once again come together to form Microtek Infrastructure Pvt. Ltd. The company today announced its entry into sector by launching its maiden project ‘Microtek Greenburg’ – a fully licensed and approved ultra-luxury residential project located in Sector 86, New gurgaon, close proximity to Dwarka Expressway.
New land supply to meet the increasing residential demand
Nov 21, 2013
DELHI: Earlier this year, the Delhi Development Authority (DDA) notified its new policy on Country homes (farmhouses). The new policy has reduced the minimum land required to build a farmhouse from 2.5 acres to 1 acre. The FAR (Floor Area Ratio) norms have also been relaxed by allowing an increased limit of 200. This can be further enhanced by purchasing additional FAR from the authorities with a maximum height of 12 meters, i.e. 3 floors. Additionally, FAR of 60 sq mtrs is permitted for EWS (Ec
Part II: Basics about Mortgage of Immovable Property
Nov 20, 2013
DELHI: While all of us have heard about mortgage, little is known to a common about it and its implications. Chapter IV of the Transfer of Property Act, 1882, defines various types of mortgages, rights and liabilities of mortgagor and mortgagee, its redemption and charges etc.
Part 1: Basics about mortgage of immovable property
Nov 20, 2013
DELHI: While all of us have heard about mortgage, little is known to a common man about it and its implications. Chapter IV of the Transfer of Property Act, 1882, defines various types of mortgages, rights and liabilities of mortgagor and mortgagee, its redemption and charges etc. There are at least six main mortgage types.
Despite slowdown, listed developers see signs of relief
Nov 19, 2013
DELHI: Despite a weak property market, most listed developers reported better cash collections and lower interest expenses in the September quarter, as they handed over several projects to customers and reduced or refinanced debt.
Unitech sales bookings fall by 53% in H1 FY14 due to slowdown
Nov 19, 2013
DELHI: Realty major Unitech Ltd's sales bookings have dropped by 53% during first six months of this fiscal at Rs 717 crore due to slowdown in the property market.
Top realty firms like DLF, Oberoi Realty see sales fall 40-70% in Sept quarter
Nov 18, 2013
DELHI/MUMBAI: India's top listed real estate firms have reported a sharp drop in sales in the quarter to September as high prices and continued economic uncertainty kept home buyers away.
Technology driven construction for real estate developers
Nov 18, 2013
DELHI: Engineering in the real estate segment has expedited real estate players to develop propelled national and global infrastructures.
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%.
KV Developers receives all approvals for ‘WindPark’
Nov 16, 2013
DELHI: K V Developers Pvt. Ltd (KVD), the real estate arm of the KV Group, today announced the receipt of all the necessary approvals from Greater Noida Authority to launch WindPark – a futuristic group housing project in Tech Zone IV, Greater Noida (West). Spread over approximately five acres of land, the project will showcase around 7 towers with units varying from 2BHK, 3BHK and 3BHK + Servant room spanning an area of approximately 995 to 1,505 sq ft.
Smart housing for smart professionals
Nov 16, 2013
DELHI: Rapidly changing life is integrating with new technological advancements that let users be more centrally connected, updated and make controlling moves.
Essential questions that home buyers must ask their real estate developer
Nov 15, 2013
DELHI: Buying an apartment is fraught with risks. From choosing the right builder to ensuring that he is the actual owner of the land on which he is developing the project, there are many issues that you need to look into before deciding to put your life's savings in a builder's project.
Symposium on architecture, design and engineering
Nov 15, 2013
DELHI: In the framework of the ‘Year of Swiss Architecture, Design and Engineering in India 2013-2014’, a symposium on various aspects of architecture, design and engineering, titled ‘Constructing the future’, will be organized from13th – 15th November at C.D. Deshmukh Auditorium, India International Centre New Delhi.
Sarvottam Group launches Sarvottam Shree in Indirapuram
Nov 15, 2013
DELHI: Sarvottam Group, a leading Indian real estate group, has launched its new luxury yet affordable residential project and one of a kind gated community experience, Sarvottam Shree in Indirapuram, Ghaziabad. Due to its strategically location, educational hub, shopping hub and entertainment zone are in close vicinity that supports a perfect location for home buyers.

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