Latest Realty News

What isn't your investment?
Oct 25, 2013
MUMBAI: Have you ever considered whether you have become a crorepati after the price of your house rose 50 per cent in two years? Or, whether you have Rs 10 lakh of family jewellery?
Save money: Tips before you take a home loan
Oct 24, 2013
DELHI: Home loans can be very beneficial for property buyers, as they not only help you buy your dream home, but also help you save on taxes. But you must remember to choose the right home loan if you do not want to face the hassles in the process. Here are a few quick tips that you could keep in mind while applying for a home loan. These tips could help ease the complicated procedure a little bit and at the same time help you save some money.
Buying your first house? Here's a checklist of 9 sales pitches that you should be wary of
Oct 07, 2013
DELHI: Newly-weds Dipankar and Ashima Gupta have made up their minds to buy their own house. The first trigger came last year, when two of their close friends bought property. Then their landlord sounded the warning that he would raise the rent again. What sealed the decision was the salary hike that Dipankar got this year. "We might as well pay an EMI instead of giving rent to the landlord every month," says Ashima.
Here's how you can tackle a ballooning EMI
Oct 04, 2013
MUMBAI: After the unexpected policy rate hike on September 20 by the Reserve Bank of India (RBI), many banks are contemplating an increase in their lending rates. If they decide to hike their base rates, home loan borrowers may have to deal with a ballooning EMI once again within a short span of time.
JLL closes largest-ever land deal in Kolkata
Oct 01, 2013
KOLKATA: Leading international property consultant Jones Lang LaSalle India has announced the successful closure of the largest land transaction in Kolkata to date. In this deal, Delhi-based real estate developers Alchemist Township India Limited have purchased 2 million square feet of prime residential land from Highland Group at Kolkata Riverside, a satellite township development encompassing 262 acres being developed on the banks of the Hooghly River.
Transfer your home loan in easy steps
Sep 16, 2013
HYDERABAD: If you are not happy with your existing Home Loan, then there is a ray of hope for you. Now you can transfer your loan to another bank. Loan Transfer or Refinancing of loan is an easy option through which most of the people nowadays are opting to take the benefit of lower interest rates prevailing in the market.
Property market not to gain from curbs on overseas investments
Sep 08, 2013
MUMBAI: Recently, the Reserve Bank of India reduced the permitted amount of annual remittances through the Liberalised Remittance Scheme (LRS) to $75,000 from $200,000 and also prohibited overseas property investments.
No quality compromise in eco-friendly buildings
Aug 17, 2013
CHENNAI: At a time when natural resources are depleting and green house emissions have become a major concern, a sustainable approach to construction can offer a way forward, said Anil Kumar Pillai, AGM- Technical Services, Ramco Cement.
Limit on investing in overseas property to dampen sentiment
Aug 16, 2013
MUMBAI: The Reserve Bank of India’s curbs on Indians investing in international real estate under the liberalised remittance scheme will dampen investor sentiment, property consultancy firm Jones Lang LaSalle said.
Alchemist Realty acquires Century 21 Properties India
Aug 11, 2013
DELHI: Alchemist RealtyBSE 4.83 % today said it has acquired 99 per cent stake in Century 21 Properties India Pvt Ltd.
Indians among top foreign investors in Dubai real estate market
Aug 01, 2013
DELHI: Indians are top foreign investors in Dubai's real estate market, with transactions of over Rs 132.6 billion made by them during the first half of 2013, according to an official report.
Premia Group to launch India’s first corporate city
Jul 25, 2013
NOIDA: Premia Projects has announced the soft launch with Bhoomi pujan for one of the most awaited and well planned commercial projects in Greater Noida – India’s First Corporate city. Premia’s well planned corporate city in Greater Noida West will be a project of its own kind. It is a project which would offer a complete corporate city experience that includes 5 Star Hotel, Corporate Offices, Service Studios, Retail Mall, Golf Course, an Amusement Park, Theme Based Restaurants, Cultural Food Co
Provident brings ‘premium affordable’ homes in Coimbatore
Jul 11, 2013
DELHI: Provident Housing Limited, a wholly-owned subsidiary of the premier real-estate developer Puravankara Projects Limited, is set to launch ‘premium affordable’ homes in Coimbatore. The innovative residential project will be located at Selvapuram, Off Perur Main Road, near R S Puram, in the vicinity of the city center.
For a good deal, go house hunting in the rain
Jul 02, 2013
MUMBAI: Is it a good idea to go house hunting on a rainy day? Well, for all you know, your efforts might pay off: One is likely to bag a good deal on a house during the monsoon.
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.
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.
Eden City launches “Homegain” – home owning option
May 30, 2013
Eden City Group one of the renowned real estate developers in the city with its flagship project Eden City Maheshtala has announced ‘Homegain’, an innovative home owning option. ‘Homegain’ home owning option is offered for its ready-to-move-in apartments that allow one to take possession of his new home by paying a minimum of 20% of the property value. The buyer is also required to sign a home loan agreement for the balance amount; the EMI for which starts after one year.
Alchemist Township India Ltd buys 20 acres in Aerotropolis Projects in WB
May 29, 2013
Alchemist Township India Ltd, a Delhi-based real estate developer, has bought 20 acres of prime land in the Aerotropolis being developed by Bengal Aerotropolis Projects Ltd (BAPL) at Durgapur, 180 kilometres from Kolkata. Leading international property consultants Jones Lang LaSalle India were the transaction mediators for this deal, which is West Bengal's largest land transaction in 2013 to date.
Twin benefits: Save and prepay home loan
May 20, 2013
Usually, a home loan is one of the biggest liabilities. Considering the huge amount and the long tenure involved, it is advisable to repay the loan at the earliest. And, as both the Reserve Bank of India and the National Housing Bank have abolished the penalty on prepayment of home loans (for floating rate loans), it is sensible to prepay your home loan and save on interest.
ICICI Bank starts 'cash back' on home loan EMIs
Nov 05, 2012
ICICI Bank, the largest private sector lender, introduced on Friday a new housing loan product offering borrowers cash back on every equated monthly instalment (EMI) for the entire tenure of the loan.

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