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.
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.
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.
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.
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.
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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