Latest Realty News

Allahahabad High Court dismisses petition against ANS Constructions Ltd and M Tech Developers
Jul 10, 2013
LUCKNOW: The Lucknow bench of Allahahabad High Court has dismissed a bunch of petitions filed against ANS Constructions Ltd and its subsidiary M tech Developers, in a case related to developing a housing scheme in the state capital, according to a press release issued by the company.
Real estate developers’ property expo in Bangalore on July 6, 7
Jul 06, 2013
BANGALORE: The Confederation of Real Estate Developers’ Association of India-Bangalore will hold its ‘CREDAI Property Expo 2013’ on July 6 and 7 at Lalit Ashok, Bangalore.
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.
First villa project in Cbe to be ready by April 2015
Jul 04, 2013
COIMBATORE: Real estate developer Casa Grande today announced launch of a residential project of 79 luxury villas and 32 apartments here.
Chit fund companies move court
Jul 04, 2013
CUTTACK: At least six chit fund companies have moved to the Orissa high court seeking unfreezing of their bank accounts and opening of their offices sealed by the Crime Branch
Poddar Developers eyes Rs 500-cr revenues by FY'17
Jun 30, 2013
MUMBAI: Betting big on the increasing demand for affordable housing, realty firm Poddar Developers expects to double its revenues to Rs 500 crore over the next three years, a top company official has said.
Flat prices stay high
Jun 27, 2013
DELHI: Arun Singh, 38, has been looking to buy a home for the last one year. The Gurgaon-based software engineer hoped to get a good deal after reading about that a large number of apartments were lying unsold across the National Capital Region (NCR) and Mumbai, the two main real estate markets of India.
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.
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.
Loans for home buyers, builders to get cheap
Jun 23, 2013
MUMBAI:In order to give a fillip to the housing sector at a time when the economy is facing a slowdown, the Reserve Bank of India on Friday announced two measures that will increase flow of bank credit to builders/developers and individuals buyers.
Realty check: Major developers too picking up buyers’ interest tab
Jun 23, 2013
DELHI: To clear the stock of unsold homes, real-estate developers are willing to wait for 80 per cent of a property’s cost as long as the buyer is ready to pay 20 per cent upfront.
Buyers seek 2BHK units, developers build larger homes in Noida
Jun 22, 2013
BHUBANESWAR: How often do we come across a situation wherein supply in the real estate market is not aligned with market demands? The probable answer may be – several times. A similar situation looms large on the Noida realty market. There is a significant mismatch between demand and supply of different configurations. While 2BHK seems to be the preferred size for buyers, developers are largely building 3BHK units.
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.
NDMC eases rules for building plans
Jun 18, 2013
DELHI: In a major relief to property owners in north Delhi, the municipal corporation has announced self assessment amnesty for regularization of unauthorized construction in unauthorized regularized colonies. An order in this regard was issued by the North Delhi Municipal Corporation on 14th June.
5 reasons for investing in Tambaram East
Jun 14, 2013
CHENNAI: Tambaram, once mooted as Chennai’s satellite town, is today seeing high real estate activity. Situated in South Chennai, it has a mix of commercial and residential real estate and is divided into Tambaram East and Tambaram West. Many experts advise on investing in Tambaram East over the West.
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.
Detailed project proposal to develop Capital Hospital into PGI
Jun 13, 2013
BHUBANESWAR: The State Government on Tuesday asked the Health and Family Welfare Department to prepare a detailed project proposal for developing the Capital Hospital into a Post Graduate Institute (PGI) on the model of PGI Chandigarh.
Delhi government asks schools to improve infrastructure
Jun 13, 2013
DELHI: The Delhi government on Wednesday directed all its schools to improve infrastructure and promised to provide all financial assistance for it.
Credai to treat medical waste
Jun 12, 2013
KOCHI: With biomedical waste treatment becoming a major issue in city apartments, the Kochi-chapter of the Confederation of Real Estate Developers' Association of India (Credai) has decided to launch a project to address the issue under the Clean City Movement.
Assotech Realty to invest Rs 100 crore on service apartments in Shirdi
Jun 11, 2013
DELHI: Assotech Realty today said it will invest about Rs 100 crore to develop a service apartment project at Shirdi in Maharashtra.
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.
Relief to builders, Centre relaxes green norms for high-rises
Jun 08, 2013
DELHI: In what will be a big relief to builders in tightly-packed cities such as Mumbai, the environment ministry has done away with green clearances for high-rise buildings based on the width of the roads that they fall by the side of and the distance from fire-stations. It has left it to the state government to makes rules as they deem fit.
Builder held in Mumbai for cheating Delhiites of Rs 25 crore
Jun 08, 2013
DELHI: A chef-turned-builder, who allegedly cheated around 3,000 investors of Rs 25 crore by promising residential plots in Navi Mumbai, has been arrested from Mumbai, police said today.
REAL ESTATE (REGULATION AND DEVELOPMENT) BILL
Jun 06, 2013
BHUBANESWAR: The Union Cabinet Tuesday approved the Real Estate (Regulation and Development) Bill which enables setting up of a regulator for the real estate sector, with having a provision of even a jail term of up to three years for errant developers.

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