Latest Realty News

Flood effect: Realty sector hit as workers in short supply
Oct 30, 2013
BHUBANESWAR: Realtors are keeping their fingers crossed about the impact cyclone Phailin and the subsequent floods are likely to have on the real estate sector.
‘Chennai is a robust market’
Oct 28, 2013
CHENNAI: Over the last decade, VGN Developers has evolved from selling plotted layouts to developing residential projects in the suburbs to building high-end projects in the city. The transition has been in line with the trends in the residential market. VGN believes there is a huge demand for high-end homes in the city, which is a healthy and robust market in which prices have not crashed in three decades. Pratish Devadoss, Managing Director, shares some of the company’s plans and views on the
3-day real estate show gets under way in Hyderabad
Oct 28, 2013
HYDERABAD: Leading property developers, housing finance institutions and banks are taking part in the three-day Property Show 2013, which got underway here on Friday.
Realty firms gear up for first asset-backed property bonds
Oct 28, 2013
MUMBAI: Property firms, including DLF Ltd, are gearing up to sell the country’s first bonds backed by rental income from their office buildings and shopping malls.
Kanjurmarg competes with Mulund and Ghatkopar
Oct 28, 2013
MUMBAI: Kanjurmarg, one of the suburbs located on the east-central side of Mumbai, is known for its affordable housing projects, as compared to other suburbs such as Mulund and Ghatkopar. Considering its proximity to several other real estate destinations, the area today, has carved a path for itself. Here are some of the major reasons why it has become a vibrant real estate destination.
Urban mess floods real estate hub
Oct 27, 2013
BHUBANESWAR: Raghunathpur near Patia is fast gaining the notoriety of Sundarpada, which is infamous for waterlogging at compounds of highrises and apartments due to unplanned construction.
Kalpataru Group, Oberoi Realty, Runwal Group and Lodha Group in final lap for Clariant's plot
Oct 22, 2013
MUMBAI: Speciality chemicals maker Clariant Chemicals has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane, three people familiar with the development said.
Poor quality retail space affecting retail real estate: Experts
Oct 22, 2013
MUMBAI: The poor quality of retail space, regulatory issues and subdued economic growth are holding back international retailers from expanding their presence in the country, say experts.
Property expo begins, SRA looks to woo ‘reputed’ builders
Oct 21, 2013
MUMBAI: Even AS developers are busy trying to attract buyers at the annual property exhibition of the Maharashtra Chamber of Housing Industry (MCHI), the Slum Rehabilitation Authority (SRA), too, has set up its own stall to target big and reputed builders.
Rangarajan panel on road developers bailout to be set up soon
Oct 18, 2013
DELHI: The government will soon constitute a panel, headed by PMEAC chairman C Rangarajan, to look into the issues pertaining to bailout of highway developers.
SARE Homes launches ‘Club Terraces’ in Gurgaon
Oct 16, 2013
GURGAON: SARE Homes, an FDI developer of residential integrated townships across India, has announced the launch of its new project ‘Club Terraces’ in Sector 92, Gurgaon.
Commerce Ministry amends norms to prevent misuse of SEZ land
Oct 16, 2013
DELHI: Developers seeking to surrender special economic zones will have to give an undertaking that the land will be used in accordance with the recently amended guidelines so as to prevent its misuse.
To unlock FDI, govt to ease lock-in period for realty
Oct 16, 2013
DELHI: Much to the cheer of foreign real estate developers, those investing in India’s construction sector might be allowed to exit before the mandatory three years stipulated at present. However, for that, they would have to complete the project and procure completion occupancy certificates from local authorities.
‘Thread’ connects twin cities realtors
Oct 16, 2013
AHMEDABAD: Realtors are a divided lot in Ahmedabad. Distancing themselves from Gujarat Institute of Housing and Estate Developers (GIHED), apex body of realtors, a group of real estate developers in north Ahmedabad have formed a new association to focus exclusively on the area connecting Ahmedabad and Gandhinagar.
Satellite picks up pace
Oct 13, 2013
KOLKATA: Rajarhat is a satellite city of Kolkata, which was planned in the 1990s. According to the master plan, it was supposed to be at least three times larger than Salt Lake City, a neighbouring well-established destination. Between 2003 and 2008, Rajarhat witnessed a lot of interest from various national and regional developers. Then the global financial crisis came, after which most of the plans either got stalled or pace of execution reduced considerably.
Art for the home and hearth
Oct 12, 2013
CHENNAI: Janaki Hrishikesh, a Chennai resident, still remembers the first painting she brought. “It was a scene of Krishna’s rasaleela. We had just bought a house and were looking to decorate it. The painting practically drew us to it,” she says.
IT upswing to pay dividends for Bangalore realtors
Oct 11, 2013
BANGALORE: Bangalore-based real estate developers Sobha DevelopersBSE 0.39 % and Prestige Estate have gained investor interest after reporting strong sales for the September quarter, beating the gloom in the realty sector.
Realtors upbeat on Hyderabad market
Oct 11, 2013
HYDERABAD: Andhra Pradesh realtors and developers are upbeat on the future ofreal estate in Hyderabad. They claim that now is the best time to buy properties in Hyderabad as prices are expected to shoot up post the bifurcation of the state.
Realtors upbeat on Hyderabad market
Oct 10, 2013
HYDERABAD: Andhra Pradesh realtors and developers are upbeat on the future of real estate in Hyderabad. They claim that now is the best time to buy properties in Hyderabad as prices are expected to shoot up post the bifurcation of the state.
GPT Group ventures into real estate with their maiden project - Poorvi
Oct 10, 2013
KOLKATA: GPT Group on Wednesday announced the launch of its real estate division, GPT Developers Limited. The group also launched their maiden project - Poorvi. The premium abode, which reflects the melodies in life and encourages people to immerse in its rhythm, is themed on the ragas of Indian classical music.
Andhra real estate body: Realty sector will recover in state soon
Oct 10, 2013
HYDERABAD: Prices of residential and commercial properties in the city are stable even while the state is heading towards bifurcation as the market here is end-user driven, officials of AP Real Estate Developer’s Association (APREDA) assured.
MMRDA ropes in S Korea for eastern Mumbai development planning
Oct 10, 2013
MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) has signed an agreement with South Korea for the preparation of a master plan for developing the eastern parts of the city along the proposed 126-km long Virar-Alibaug multi-modal corridor.
Red Fort Capital to invest Rs 1000 crore in Lotus Greens projects
Oct 08, 2013
DELHI: Realty firm Lotus Greens Developers today said private equity firm Red Fort Capital would invest Rs 1,000 crore in its various residential projects in the national capital region.
Realty shares in focus on hopes of good Q2 sales
Oct 08, 2013
MUMBAI: Shares of real estate companies are in focus, surging up to 10% after Sobha Developers have recorded good set of sales numbers for the month of September.
Sobha Developers vaults post Q2 performance info
Oct 07, 2013
COIMBATORE/BANGALORE: Shares of real estate company Sobha Developers Ltd vaulted 9.18 per cent at the closing session with the company, defying the gloom surrounding the realty sector, indicated that it was on course to achieve its guidance with regard to saleable area and revenue for the current year.

Latest Realty News Of State

Realty Talk's