Latest Realty News

Owners of Gujarat Housing Board houses rush to apply
Aug 19, 2013
AHMEDABAD: Residents of thousands of Gujarat Housing Board (GHB) houses across the state that have constructed extra rooms are also making a beeline outside various zonal offices of municipal corporations in the state.
Calculate your property tax online for Mumbai properties
Aug 19, 2013
MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has introduced an online calculator to compute properties taxes.
Height of houses on DDA’s agenda
Aug 19, 2013
DELHI: Delhi Development Authority is expected to review its proposal for an increase in height by 2.5 metres of residential houses to allow for stilt parking in its meeting on August 12.
Check out Pallikaranai for single floors, multi-storey apartments
Aug 19, 2013
CHENNAI: If you have a budget of Rs 20 lakh to about Rs 1 crore and are looking for a residential property in South Chennai, check out Pallikaranai. With a robust supply of 2 and 3BHK units, there is enough supply of single floors and multi-storey apartments here.
Property cell in Karnataka will keep tabs on realty
Aug 16, 2013
BANGALORE: After a steep revision in the guidance value of properties the state government plans to set up a permanent valuation cell (PVC) to facilitate revision of values at regular intervals
Dwarka-Gurgaon Expressway on its way to hottest realty market
Aug 14, 2013
DELHI: Construction of the Dwarka-Gurgaon Expressway project is on full swing and it is expected to be completed in the next six months. More than 33,000 houses, with an approximate sale value of Rs 8,000 crore are under construction along different sectors of Dwarka-Gurgaon Expressway; of this, around 30,000 houses will be ready for possession in the next one and half years.
UP-NCR to be made secure for investments
Aug 14, 2013
DELHI: The Uttar Pradesh government on August 13 took a major decision to attract investment by entrepreneurs in Noida and Greater Noida. In a meeting chaired by the chief secretary it was decided to launch an initiative to improve policing and provide adequate electricity to industries in the region.
Pune sees many locations offering luxury housing
Aug 14, 2013
PUNE: Luxury housing constitutes two-three per cent of the total residential market in Pune. There are currently around 2,000 plus units in the market, including planned and under construction projects, within the price bracket of Rs four crores and above.
Economically weaker sections DDA flats to be allotted soon
Aug 13, 2013
DELHI: The Delhi Development Authority flats for EWS in Dwarka may find their inhabitants soon. Low-cost housing was the prime focus of the authority meeting which was chaired by Najeeb Jung, lieutenant governor. It was then unanimously decided to allot these flats to eligible beneficiaries in nearby JJ clusters and the process for identifying them may begin in a month, said sources. However, the authority is yet to work out a finance model for recovering the cost of these flats, which are price
Delhi colonies regularized only on paper
Aug 13, 2013
DELHI: Expressing concern that Rs 542 crore spent by the Delhi government on development of unauthorized colonies might be in vain, the comptroller and auditor general has said regularization of these colonies remains only “on paper”.
Realty sector can double its share in GDP to 13% by 2025
Aug 12, 2013
DELHI: The realty sector can more than double its contribution to GDP to 13 per cent by 2025 on rising housing demand, if the government removes bottlenecks in infrastructure, lowers borrowing cost and makes process of approvals shorter, global property consultant CBRE said.
Hyderabad government land details are available in tablets
Aug 09, 2013
HYDERABAD: In tune with changing times, the Hyderabad district administration will use Tabs (tablet phones) to keep tabs on government land in 16 mandals. Hyderabad could be the first district in the state to use Android-based tablets to get land details
Reliance Industries Ltd to go slow on 720,000-sq-ft Alaknanda mall following strong protests
Aug 08, 2013
DELHI: Reliance Industries Ltd (RIL), the country's largest privately owned company, has decided to go slow on its plans of constructing a gigantic 720,000 sq ft mall in a residential colony in south Delhi, following protests from an assorted group of upper middle class professionals who live there.
Worli-Prabhadevi-Dadar West: Best option for upper-crust homebuyers
Aug 06, 2013
MUMBAI: Worli in south Mumbai and Prabhadevi and Dadar west in central Mumbai, are the premium localities in Mumbai offering an array of property options for the well heeled buyers. Infrastructure marvels with good connectivity, are attracting end-users and investors to these areas. Let’s delve into the residential options available, with facilities and amenities in these areas and see what sets them apart:
Real estate booms on Chennai’s outskirts
Aug 06, 2013
CHENNAI: The real estate sector is going through a dull phase with people hesitating to invest on apartments or land on the outskirts of the city, but some areas abutting the Outer Ring Road (ORR) have seen good appreciation in recent times.
Steps to take if a tenant refuses to vacate
Aug 06, 2013
DELHI: When it comes to the relationship between a property owner and a tenant, it’s best to be safe than sorry. Yet, hasty decisions, cutting corners and blindly trusting brokers are the reasons for many a legal battle waged by landowners against rogue tenants. Take the case of Mumbai-based Merlyn D’Souza.
Realty sector ‘disappointed’ on RBI’s status quo on rates
Aug 01, 2013
DELHI: Realtors’ apex body CREDAI on July 31 expressed disappointment over RBI’s decision to keep the key policy rates unchanged, saying that the industry was expecting relief from the apex bank to beat slowdown in property demand.
Link road will enhance the prospects of real estate in Ghaziabad
Aug 01, 2013
DELHI: Ghaziabad’s realty market has got a big boost from one more connectivity project. Resumption of work on the 22km-long link road between Greater Noida and Ghaziabad has raised hopes of developers and buyers in both the areas, as the link road connects the buzzing Zeta sector in Greater Noida with the Vijay Nagar bypass on NH-24.
Commercial space rates shoot up in Vijayawada
Aug 01, 2013
HYDERABAD: Around 270 km east of Hyderabad, the city of Vijayawada on July 31 witnessed an immediate ripple effect of Congress’ ‘Jai Telangana’ call. Owners of commercial spaces in the ‘land of victory’ were found quoting as much as Rs 50 per square feet (sft) for properties which, until a few days ago, were up for grabs at a meagre Rs 15 per sft. Reason? The intense speculation about the city emerging as the largest business hub, if not capital, of the new Andhra Pradesh state.
Real estate prices to rise after Telangana creation
Aug 01, 2013
MUMBAI: After a four-year hiatus, residential real estate prices are set to rise at a relatively faster pace in Hyderabad with the likely resolution of the Telangana issue.
Kalyani Nagar-Koregaon Park: Redefining comfort and luxury in real estate
Jul 31, 2013
PUNE: The Kalyani Nagar-Koregaon Park belt is one of the prime centres for real estate development in Pune. Although the amenities differ from project to project, a number of properties are coming up with facilities including the following:
Worli, Prabhadevi, in demand for large units, Dadar West for smaller ones
Jul 31, 2013
MUMBAI: If you aspire to live in a premium locality of Mumbai and can spend freely, Worli in south Mumbai and Prabhadevi-Dadar west in central Mumbai, are a few areas you can opt for. These areas are located close by and are witnessing a significant demand and supply for 1, 2 and 3-BHK units.
Horticulturist must for building projects in Mumbai
Jul 31, 2013
MUMBAI: The BMC has made it mandatory for every developer to have a horticulturist on its panel so that plans are scrutinized to avoid unnecessary tree felling and thus help maintain the city’s green cover. The civic body’s guidelines also state that the horticulturists should ensure that trees that are transplanted survive.
Creation of Telangana ends of uncertainty for city’s realty sector
Jul 31, 2013
HYDERABAD: After almost four years, Hyderabad’s real estate sector heaved a sigh of relief on July 30. With the commotion and chaos over separate statehood finally being given a burial and Telangana declared India’s 29th state, industry insiders said that their “long dry spell” was all set to come to an end now.
Integrated townships for the new age coming up in Delhi-NCR
Jul 31, 2013
DELHI: As the cities expand fast, the development of integrated townships has become the order of the day. A number of such townships are being developed in Noida, Greater Noida, and Yamuna Expressway. These townships not only provide good physical infrastructure but also make provision for schools, gymnasiums, hospitals, recreational facilities like jogging tracks and golf courses, hotels and shopping malls to improve the quality of life of the residents.

Latest Realty News Of State

Realty Talk's