Latest Realty News

IL&FS Engineering bags Rs 675 cr housing project
Nov 03, 2013
DELHI: IL&FS Engineering and Construction Company Ltd today said it has bagged a contract for building a high-rise residential project amounting to Rs 675 crore.
Delhi’s upper-crust neighbourhood
Oct 04, 2013
DELHI: Slowdown or no slowdown, Lutyens Delhi’s tony residential areas are commanding prices like never before. Notwithstanding that, India’s uber rich are placing their bets on these luxury residential properties, located in posh localities, nestled between vast greens and wide roads with billionaires for neighbours.
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.
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.
Slowdown in real estate: Time for home buyers to go bargain hunting but exercise due diligence befor...
Jun 24, 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. Recently, their efforts were rewarded when they managed to buy a flat at VasantVihar at a price 15% lower than the peak rate witnessed in the area in the past.
Golf Course Extension Road: The ultimate luxury destination
Jun 22, 2013
DELHI: Over the years, Gurgaon has become synonymous with luxury living. Among the many localities offering high-end properties, Golf Course Extension Road stands out for the number of residential projects overlooking the golf course and state-of-the-art facilities.
Home prices inflated; aggressive lending dangerous: Deepak Parekh
Jun 22, 2013
DELHI: Terming the home prices as highly inflated in the country, including in smaller cities, industry leader Deepak Parekh on Friday asked builders to focus on affordable housing, rather than luxury homes, and said it is a dangerous thing to lend aggressively to developers.
CREDAI bats for realty reforms with Girija Vyas
Jun 21, 2013
DELHI: Praising the Union Government’s efforts towards real estate reforms, realtors’ apex body Chairman Lalit Jain expressed the hope that the new Housing and Urban Poverty Alleviation Minister Ms. Girija Vyas will continue with the unfinished task of her predecessor Mr Ajay Maken.
Residential prices surge in sector 76 Noida
Jun 21, 2013
DELHI: In the last four to five months residential values in Sector 76, Noida have shown an upward graph. The capital values in the locality have moved up from approximately Rs 4,700-4,900 per sq ft in the Oct-Dec 2012 to Rs 5,900 per sq ft in the Jan-Mar 2013, the data further revealed.
Focus on high-tech integrated townships
Jun 20, 2013
DELHI: High-tech, integrated residential township projects in metros and Tier I and II cities like the Delhi NCR, Mumbai, Pune, Bangalore, Ahmedabad, Lucknow, Kolkata, Indore, Hyderabad, etc, are promising good returns for prospective buyers and developers.
Opinion divided on housing regulatory bill
Jun 20, 2013
DELHI: The Real Estate (Regulation and Development) Bill, 2013, which seeks to regulate the housing market and protect the interest of homebuyers and developers has been cleared by the Union Cabinet and will be placed in Parliament for its approval.
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.
Real Estate Regulatory Bill: Pros and cons
Jun 18, 2013
MUMBAI: The Union Cabinet recently approved the creation of a real estate regulator in India, which aims at increasing transparency within the real estate sector. The Real Estate Regulation and Development Bill 2013, once enacted, would provide for a real estate regulator in each state of the country.
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.
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.
3BHK a hit among buyers and developers in Gurgaon
Jun 09, 2013
DELHI: Guragon has always been an abode to large and spacious residences that offer amenities that are at par with the best in the world. Home buyers in Gurgaon display a keen preference for larger homes which is depicted by the huge demand for 3BHK units vis-à-vis 1 and 2BHK homes.
DDA pitches for studio flats
May 29, 2013
Short-term, albeit affordable, housing in the capital is set to become a reality. The Delhi Development Authority (DDA) has proposed a new provision in the Master Plan 2021 for introduction of studio apartments and service apartments. According to the proposal, studio apartments will be allowed to come up in residential zones, while service apartments will be restricted to commercial centres.

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