Latest Realty News

Faridabad: What makes Charmwood Village charming
Jul 22, 2013
DELHI: Charmwood village abounds with reasons which make it really charming. Situated in Faridabad, it is an integral part of the National Capital Region (NCR) but as its name suggests, it is a sort of village which boasts of expansive stretches of greenery away from the hustle and bustle of city areas after all, there is a 4,700-acre bird sanctuary near the locality.
Delhi govt order to ease sale of property
Jul 22, 2013
DELHI: With the stamp of approval from LG Najeeb Jung, the Delhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property transactions. The earlier order was issued by the revenue department in April 2012.
A reality check on RCom’s realty venture
Jul 20, 2013
DELHI: Reliance Communications (RCom) recently announced that it plans to hive off its real estate assets into a new firm, Reliance Properties.
Delhi government hopeful of regularizing 1,400 colonies
Jul 19, 2013
DELHI: The Delhi government is now set to steer regularization of over 200 colonies out of the 1,639 colonies that did not have 50% built up area on 2007. According to the 2008 guidelines laid out by the Centre, the colonies were to have 50% built-up area as on 2007 to get a “legal” tag. With the relaxation of norms, the state is hopeful of highlighting almost 1,400 colonies as regularized before the model code of conduct for the assembly polls in declared.
Shrinking farmhouses in Gurgaon
Jul 09, 2013
DELHI: With land becoming dearer in Gurgaon, applications for farmhouses have gone down significantly in recent years.
Green panel stays construction at Noida landfill site
Jul 06, 2013
DELHI: The National Green Tribunal has stayed construction activity on the landfill site in Sector 123 here after a commission appointed by it found that the project had been formulated without following the guidelines. The Noida Authority has also been restrained from carrying out digging or construction till the next hearing.
Vertical growth an option where there is scope in Delhi
Jul 03, 2013
DELHI: In less than a week after Delhi chief minister’s claim that she won’t allow Delhi to grow vertically till she is alive, she and the union urban development minister seemed to be on the same page on the issue of allowing highrises in the national capital. However, the CM insisted that green and open places of Delhi must be maintained.
Three more districts enter National Capital Region fold
Jul 03, 2013
MUMBAI: The National Capital Region has undergone another expansion with three more districts – Mahendragarh and Bhiwani (both in Haryana) and Bharatpur (Rajasthan) – added to it on July 1. This brings the number of districts in the NCR to 19, with the total area increasing by 34% to 45,887sq km.
Delhi-NCR key market for office leasing despite weak demand
Jun 27, 2013
DELHI: Demand from multinationals to set up offices in the NCR region has pushed the average transacted rentals. This is despite a weak off-take in office leasing and fewer transactions.
Rental housing: The road ahead
Jun 27, 2013
DELHI: Out of the 1.8 crore new houses built between 2007-2012, owners of over 1.1 crore units in India prefer not to let out the properties fearing that that evicting tenants will be next to impossible. This is primarily because India does not have a rental housing policy with incentives or benefits
Delhi-NCR key market for office leasing despite weak demand
Jun 26, 2013
DELHI: Demand from multinationals to set up offices in the NCR region has pushed the average transacted rentals. This is despite a weak off-take in office leasing and fewer transactions.
Home prices inflated; aggressive lending dangerous
Jun 26, 2013
DELHI: Terming the home prices as highly inflated in the country, including in smaller cities, industry leader Deepak Parekh on June 21 asked builders to focus on affordable housing, rather than luxury homes, and said it is a dangerous thing to lend aggressively to developers.
Buying a property just got a bit more cumbersome
Jun 26, 2013
DELHI: A common saying goes, to know “stress”, organize a person’s marriage or endeavor to build a house. Consider the various factors which affect the decision on the purchase or building of a house, they range from vastu, legal documentation, anticipated appreciation in value and maybe even the whims and fancies of the relatives. Clearly, factors which may cost a common man, seeking to obtain a roof over his head, many a nights sleep. Well, thanks to the Finance Act, 2013, the stress has been
Demand-hit CP still among most expensive office markets
Jun 26, 2013
DELHI: Despite weakening demand for office space Connaught Place (CP) remains the fifth most expensive office market in the world.
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.
Ban on groundwater use hits realty projects in Delhi/NCR
Jun 24, 2013
DELHI: Like the Cyber City Gurgaon, the twin cities of Noida-Greater Noida are also facing huge water shortage after the National Green Tribunal banned extraction of groundwater for construction purposes.

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