Latest Realty News

Jul 18, 2016
Pramod Kumar lives on rent in a metro and wants to buy an apartment. Recently, he came across an ad for homes available under a 15:75:10 payment plan. Also known as subvention schemes, these are bank financing for home loans, where the borrower pays only 15% of the property value at the time of booking. The lender pays 75% at various stages of project completion and the borrower pays the balance 10% at possession. There is also a No EMI for 24 months offer. Should Kumar opt for it?
Oct 21, 2015
MUMBAI: Tata Housing is in advanced-level talks with a few institutional investors to raise Rs 3,200 crore for its upcoming premium and luxury residential projects across top five cities.
Sep 15, 2015
Rapid urbanisation is setting the pace of the Indian construction industry and, by extension, the construction chemicals market. The government’s ambitious ‘Housing for All’ and ‘100 Smart Cities’ programs are key growth drivers for the construction chemicals sector.
Apr 18, 2015
Mumbai: At a time when salaries aren’t expected to increase much, a reduction in home loan rates is a blessing
Apr 11, 2015
MUMBAI: The country's largest housing finance company HDFC Limited has brought down its lending rate by 20 basis points with effect from April 13
Mar 05, 2015
Mumbai: Housing Development Finance Corp (HDFC)cost of funds have only come down incrementally and it will wait for significant reduction before passing the benefit to customers by cutting home loan rates
Feb 02, 2015
New Delhi: If you are planning to buy a house or a car, or have been paying EMIs for your home loan, you would probably be keeping an eye on expected announcements from the Reserve Bank of India (RBI) on Tuesday
Higher property prices swell ranks of Asia Pacific HNWIs
Nov 03, 2014
Asia Pacific will soon have more high-net-worth individuals (HNWIs) than North America with their investment in real estate being a key factor increasing their wealth
Emaar MGF partners PayU for online payment facility to buyers
Oct 27, 2014
NEW DELHI: Realty firm Emaar MGF has tied up with payment gateway firm PayU India for providing an online payment facility to its customers
Real estate helping Asia Pacific HNWIs to lead world
Oct 24, 2014
As the numbers of Asia Pacific HNWIs look to overtake North America in the next few months, their investment in real estate has been among the main factors for the growth, says data expert, Capgemini
Crude at 47-month low, good news for economy
Oct 16, 2014
Global crude oil prices fell to a four-year low of $84 a barrel
Realtors reducing land banks
May 08, 2014
DELHI: Land, the primary ingredient for a real estate firm, seems to be losing its shine as developers get into alliances with landowners to reduce their capital cost and push up margins.
Prepare your finances before buying a house
Apr 29, 2014
MUMBAI: Moving out of a rented apartment to one's own house is a dream that cuts across income groups. Besides, easy home loan offerings from financiers, including banks, have caught the fancy of many in recent years. However, the huge debt burden has also spelt doom for a large section of aspiring homebuyers, especially those who did not assess their financial ability to service a loan over the long term before taking the plunge.
Gera Developments launches ChildCentric Homes
Apr 29, 2014
PUNE: Pune based Gera Developments has launched a ChildCentric homes, a premium real estate project. These residences will be designed to offer a range of conveniences which can help children discover their passion. Kumar Gera, chairman, Gera Developers said, "The launch of ChildCentric Homes will create a paradigm shift in the real estate for both, the developer as well as the home buyer."
Should you make 20% down payment for your home
Apr 05, 2014
BANGALORE: Pragnya and Atul Abhayankar are couple based in Mumbai. Having reached middle management positions in their respective corporate careers and lived on rent for five years, they have managed to save enough to buy their first home. But even after having done extensive homework on the property and the home loans that they are eligible for, they are still unable to arrive at a decision.They are unsure about whether or not to put down 20 per cent of the total value of the property as down p
Homi Bhabha's bungalow put on the block, priced at Rs 257 crore
Mar 13, 2014
MUMBAI: The iconic bungalow where Dr. Homi J Bhabha, father of India's atomic energy programme lived for years, has now been formally put on block. The reserve price for the property, which had been home to the illustrious Bhabha family including Dr. Homi Bhabha and Dr. Jamshed Bhabha, is set at Rs 257 crore.
Real estate's top marketer
Feb 27, 2014
DELHI: Executives in the offices of the Lodha Group, Mumbai's premier real estate developer, describe their managing director, Abhishek Lodha, as a 'workaholic'. He works late till 1 or 2 am and then beats them to the office in the morning. Lately, however, they are missing his constant presence in the office in Mumbai's Mahalaxmi area. Lodha has been travelling to London frequently these days after the group bought properties worth Rs 3,900 crore in the British capital.
Realty Prices to Spike With Issue of 11B Khatas
Feb 24, 2014
BANGALORE: Property prices in urban and semi-urban areas across the state are set to spike with the government allowing registration of sites purchased in irregular layouts within gram panchayat limits.
Tata Housing gold vouchers for buying homes in womens' name
Feb 06, 2014
DELHI: Tata Housing today announced an offer of gold vouchers worth Rs 49,000 to buyers who book flats in the name of women in its Rs 600 crore project in Bhubaneswar.
Raghuram Rajan may hold rates; EMIs to stay unchanged
Jan 27, 2014
DELHI: Supported by falling inflation rates, the Reserve Bank of India (RBI) is widely expected to keep its key lending rate, the repo rate, unchanged at 7.75% in its monetary policy review on Tuesday, temporarily warding off fears of an immediate hike in consumer and home loan EMIs.
Land development: Need for government’s role change
Jan 25, 2014
DELHI: In a developing culture, there is a need for land development, which focuses primarily on converting the pre-existing land into something useful. For example, for converting semi-natural estates, such as factories, into livable spaces, such as condominiums, changes in certain land reforms are needed.
Build a corpus soon after buying a house
Dec 31, 2013
MUMBAI: Raghavan and Radhika Ranjan recently purchased their own apartment, their first big-ticket investment. It was an achievement for them considering that they are in their early thirties. The process of finding the right property, completing the paper-work, furnishing took the Ranjans nearly 10 months.
Duped homebuyers still paying EMIs
Nov 20, 2013
NOIDA: For the last two years, homebuyers have been fighting a legal battle with little hope of finding reprieve and recovering their hard-earned money. Even as more than 300 buyers — who invested in Shiv Kala Charms housing project in Greater Noida — wait to get justice, they continue to pay lakhs towards EMIs towards home loans.
Rate hike to dampen housing demand in festival season: Realtors
Oct 31, 2013
DELHI: Real Estate companies today expressed disappointment over the RBI's decision to hike the short-term lending rate, saying this could hurt economic growth and adversely impact property demand in the ongoing festival season.
Gera Developments launches Gera’s Imperium Green in Goa
Oct 30, 2013
PUNE: Gera Developments, one of the pioneers of the real estate industry and the creators of premium residential & commercial projects in Pune & Goa, today announced the launch of Gera's Imperium Green, the next generation green building of Goa. Located in Mala, (soon to emerge as Patto Extension) in Panjim, Gera's Imperium Green, is Goa's first commercial property that is powered by Greentelligence and utilizes numerous green parameters of an eco-friendly building.

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