Latest Realty News

NCR realtors to clear stock this navratri season
Apr 03, 2014
DELHI: THIS navaratri both Gurgaon and Noida realtors though focusing on clearing inventories, are going with their independent strategy. Gurgaon developers are doing everything to meet their project completion deadlines so as to expedite sales whereas Noida realtors are doling out freebies and discounts to rap up inventories.
Kolte-Patil, ASK Property acquire Pune land parcel for Rs 160 crore
Apr 02, 2014
MUMBAI: Pune-based Kolte-Patil DevelopersBSE 2.64 % and realty fund ASK Property Investment Advisors have jointly acquired a 30-acre land parcel at Kondhwa in Pune for around Rs 160 crore, top executives of the two firms said.
As election nears, property buyers turn fence-sitters
Apr 01, 2014
DELHI: Businesses ranging from print media to SUV-makers do brisk business if elections are around the corner. But real estate majors claim that the polls this year have aggravated the slowdown.
M S Dhoni under I-T scanner over Rs 75-cr cheques received from Amrapali
Mar 31, 2014
RANCHI: Embattled Indian cricket team captain Mahendra Singh Dhoni could now face trouble in an income tax investigation. The Ranchi unit of the income tax department is looking into tax implications of four post-dated cheques worth Rs 75 crore issued by real estate entity Amrapali Group's chairman Anil Sharma to Dhoni.
Open spaces a premium attraction in residential complexes
Mar 31, 2014
COIMBATORE: Every evening Shyam Veluswami and his friends play an hour of badminton in the indoor court situated on the first floor of the marble, wood and glass three storey club house in Shobha Harishree residential community. Very often, as he walks out, he waves a hello to his mother who takes an evening walk with two of her friends on the walking track provided around the community or just sits down for a chat on one of the benches provided along the roads.
Planned development, vast green cover
Mar 31, 2014
NOIDA: Noida is one of the few cities in the country which is known for its planned development—also , it has a lot of greenery and open spaces. It has far more planned urban infrastructure, with clear demarcation of residential and commercial sectors, than most other real estate destinations of the NCR.
‘DDA granted undue benefits to Kathputli Colony redeveloper’
Mar 29, 2014
DELHI: The Aam Aadmi Party on Wednesday charged the Delhi Development Authority with giving “undue benefits” to the Raheja Developers while granting it a contract in 2011 to redevelop the Kathputli Colony near Shadipur bus depot on public-private partnership basis.
Election cash call puts strain on construction, real estate
Mar 28, 2014
DELHI: As India's mammoth general election approaches, jackhammer drills are quietening down at construction sites and earthmovers and cranes remain parked.
IT czars pip real estate barons in list of richest candidates
Mar 28, 2014
BANGALORE: For the first time in many years, it is not politicians with interests in real estate or the mining industry who are topping the wealth charts in the list of candidates who have filed their nominations for the 2014 Lok Sabha polls from Karnataka.
Developers woo home buyers with attractive incentives this Gudi Padwa
Mar 26, 2014
THANE: The real estate market has witnessed a major slump in the recent past. Builders are now trying to woo buyers on Gudi Padwa as it is considered to be an auspicious day for purchasing property. Many developers are offering discounts and household products to attract customers.
Oberoi Realty, Kalpataru in race for Tata Steel plot
Mar 25, 2014
MUMBAI: Real estate developers Oberoi Realty and Kalpataru have emerged front runners in a race to acquire Tata Steel’s 25-acre plot here.
Realty companies wake up to brand value, challenge infringement
Mar 25, 2014
MUMBAI: Real estate developers in India have started challenging possible infringement of their brand names established over the years, joining their counterparts in sectors such as pharmaceuticals and consumer goods that are known to make serious efforts to promote and protect their distinctive identities.
IDFC Alternatives mops up ?750 crore for maiden realty fund
Mar 24, 2014
MUMBAI: IDFC Alternatives, a wholly owned subsidiary of infrastructure finance company IDFC, has raised Rs 750 crore from domestic investors for its maiden real estate fund. The performance, despite the slowdown in the economy, exceeded the company’s expectations.
Concern on Ukraine hits pharma stocks
Mar 19, 2014
MUMBAI: Tension between Russia and Ukraine over the Crimean region is weighing on the shares of select Indian health care companies with business interests in that region
Need political will to extend Kolhapur city limits, real estate developers say
Mar 16, 2014
KOLHAPUR: The real estate developers are irked over the lack of political will to approve the proposal to extend the city limits for providing affordable housing and boosting real estate growth.
Jung plans facelift operation for DDA
Mar 15, 2014
DELHI: A thorough restructuring is in store for the Delhi Development Authority. According to information issued by Delhi LG’s office, an exercise will be carried out “not just to revamp the DDA but to equip it with modern processes to enhance its efficiency.”
Global efforts to standardize local realty business
Mar 14, 2014
AHMEDABAD: A section of analysts believe that micro-market businesses must adopt global best practices uniformly, to give a facelift to the sector and make the business more transparent. One such recent attempt has been made to standardise property measurement globally and the premise has been that the major demand drivers, like international investors and global occupiers, make it necessary to adopt uniform global norms. How far is this feasible?
Election code of conduct hits realty firms
Mar 13, 2014
DELHI: Real estate developers say they are facing cost escalation on several residential projects across cities as officials are holding back routine approvals citing the election code of conduct.
DLF gets Rs 93.5 crore from IDFC against sale of Noida IT Park
Mar 12, 2014
DELHI: India's largest realty firm DLFBSE 0.06 % today said it has received Rs 93.5 crore from IDFCBSE -2.42 % as final instalment for acquiring an IT Park project in Noida.
Sobha bag awards at CIDC Vishwakarma 2014
Mar 11, 2014
BANGALORE:Realty major, Sobha Developers Ltd. has been bestowed with three prestigious awards at the 6th CIDC VISWAKARMA Awards 2014, which was held on Friday, 07th March 2014, at India Habitat Centre, New Delhi.
Bharathi hits Bangalore roads in her luxury cab
Mar 11, 2014
BANGALORE: Bharathi Veerath is Google-funded luxury cab service Uber's first woman driver.Veerath took Biocon CMD Kiran Mazumdar-Shaw for a spin in her brand new Ford Fiesta and received a pat for her driving skills. "Great to see Uber getting women drivers on board -- just met Bharathi, a very confident n safe driver. All the best!" Shaw tweeted after the joyride in the Biocon campus.
CHD Developers buys 10.5 acres of land in Gurgaon for Rs 300 crore
Mar 10, 2014
DELHI: Realty firm CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project.
Single women’s home ownership on the rise
Mar 08, 2014
BHOPAL: Gone are the days when investing in real estate was exclusively for men. There is now emergence of single women in the residential space and they constitute the second biggest group of home buyers in India.
Apartment owners wake up to a demolition
Mar 08, 2014
BANGALORE: It was 6.30am on Tuesday and many residents of Sobha Garnet, an apartment complex on Outer Ring Road, were asleep when a huge commotion outside woke them up. There were bulldozers, a police vehicle and media at daybreak outside their apartment. The compound wall, they were informed, was on encroached land and therefore had to be razed down.
Sobha of apartments where IT titans live takes a knock
Mar 07, 2014
BANGALORE: Residents of an upscale apartment complex, where InfosysBSE -2.40 % CEO SD Shibulal's wife owns a flat, on Tuesday woke up to the sound of bulldozers and other heavy equipment brought in by authorities to demolish their walls.

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