Latest Realty News

US to Help India Develop Three Smart Cities
Oct 01, 2014
The US will help India in developing three smart cities in Allahabad, Ajmer and Visakhapatnam
Real Estate Investment Trusts will get investments, no need for more sops, say Officials
Sep 25, 2014
Real Estate Investment Trusts will help attract more funds into the realty sector and there is no need to provide more tax concessions for it, a senior government official said
ED attaches Saradha properties in Malda
Sep 19, 2014
The Enforcement Directorate today attached 11 plots across Englishbazar that were acquired by the Saradha Group and put up notices saying the properties could not be claimed or dealt with without permission from the department
Government may form database on suppression of property sales amount
Sep 16, 2014
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty
Govt Keen to Develop Smart Cities, Says Sorake
Sep 11, 2014
The State government on Wednesday held a preliminary meeting with representatives of various IT companies to develop ‘Smart Cities’
Maharashtra issues draft rules for formation of housing regulatory authority
Sep 10, 2014
Realty developers in Maharashtra could soon face disqualification and cancellation of registrations of their projects, if a court declared the document (contractual agreement, power of attorney, etc) giving them the right to a land parcel or development rights, invalid
Reliance Infrastructure hopes Telangana government to give to its Rs 7,000 crore project
Jul 09, 2014
HYDERABAD: A Telangana government entity has approved a restructuring plan by consultancy firm EY for a project that includes a 100-storey trade tower in Hyderabad. Reliance Infrastructure, the company which was to implement the Rs7,000-crore project, is hoping that the government will give the plan its go-ahead to the stalled venture.
Survey ranks Bhubaneswar 2nd worst among 21 cities
Jun 17, 2014
BHUBANESWAR: How good a place is our city to stay? A latest survey puts it second from bottom on factors influencing quality of life among 21 Indian cities surveyed across 18 states. Experts here are divided over the findings.
Panel formed for early completion of Info valley project
Mar 29, 2014
BHUBANESWAR: In a bid to expedite the completion of Info-valley project, the state IT (information technology) department has constituted a nine member inter- departmental high powered project monitoring committee.
Manage your property lease with ease
Mar 25, 2014
CHENNAI: Classmates, friends and business partners — this is the story of Sarfaraz Nazeem and Leeladharr TV, who quit their jobs to start a company that helps customers manage their multiple property leases online.
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.
Bangalore the most preferred place for buying house: ASSOCHAM survey
Feb 22, 2014
BANGALORE: The city is the most preferred for buying a house in 2014 thanks to connectivity, infrastructure and basic facilities, according to the findings of a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Ashok Leyland to sell prime property in Chennai
Feb 14, 2014
CHENNAI: Commercial vehicle manufacturer Ashok Leyland is selling off it prime property here, according to reliable sources.
Plaint to Lokayukta against Bangalore South MLA over 'land-grabbing'
Feb 05, 2014
BANGALORE: Bangalore South MLA M Krishnappa has been accused of using his authority to get the Uttarahalli lake land illegally denotified. He allegedly gifted the land to his daughter and son-in-law, who built an apartment complex on the land.
Buildings rise, facilities wait
Jan 22, 2014
BHUBANESWAR: Lodged on the outskirts of the city and along NH-5, the sleepy village of Pahala — famous for its mouthwatering rasgullas — has turned into a mega business centre.
Facelift takes backseat
Jan 22, 2014
BHUBANESWAR: Several areas in ward No. 1 are deprived of basic civic facilities, including road, drains and sewerage.
BDA axe on upmarket shop
Dec 22, 2013
BHUBANESWAR: The Bhubaneswar Development Authority (BDA) on Saturday began demolishing one of the most popular addresses for the fashion-conscious in the capital city as the structure violated building norms.
Inflation, rupee, sliding growth hit commercial property market
Dec 11, 2013
MUMBAI: Sentiment in the Indian occupier and investment real estate markets has been hit on account of deteriorating levels of growth in the economy, continuous fall in the rupee value, high retail inflation and subsequent rise in key policy rates, according to the RICS India Commercial Property Survey Q3 2013.
RICS Commercial Property Survey show drop in demand
Nov 21, 2013
PUNE: The RICS India Commercial Property Survey showed signs of a fall in both occupier and investor sentiment during the third quarter of 2013 (July -September).
Norms soon to monitor building plan compliance
Nov 19, 2013
CHENNAI: Licensed surveyors who prepare building plans for Corporation approval will also be held responsible for monitoring and compliance, said Chennai Corporation Commissioner Arvind Kapur. Guidelines will soon be announced to implement this.
Urban mess floods real estate hub
Oct 27, 2013
BHUBANESWAR: Raghunathpur near Patia is fast gaining the notoriety of Sundarpada, which is infamous for waterlogging at compounds of highrises and apartments due to unplanned construction.
Kochi-based firm bags Rs 44cr Cyberpark building contract
Oct 22, 2013
KOZHIKODE: Putting an end to the three year long delay in finding a contractor for the government Cyberpark project, billed as the cornerstone of IT dreams of North Kerala, the meeting of the board of directors of Cyberpark held here on Thursday decided to award the work contract of the Rs 44 crore IT building project to a Kochi- based company.
WAVE Infratech launches Aranayam Valley in Ghaziabad
Oct 08, 2013
DELHI: WAVE Infratech, the real estate wing of WAVE Group has ventured into premium housing segment and launched Aranayam Valley in Wave City’s Greenwood Enclave. Featuring 2 and 3 BHK mid and high-rise premium apartments, Aranayam Valley is a 44 acres gated community strategically located in Ghaziabad for a rapid commute to Delhi and other NCR areas.
Now, apply online for deemed conveyance in Mumbai
Oct 03, 2013
MUMBAI: Cooperative housing societies will be able to file online applications for deemed conveyance of their properties from October 10, said a Member of Parliament.
Morgan Stanley arm shelves project with Wadhwa Group
Sep 27, 2013
MUMBAI: Morgan Stanley Real Estate Fund was working on the structured finance deal with Mumbai based Wadhwa Group since January to invest in the latter's 1.6 million square feet office project in Bandra-Kurla Complex. Construction on the project, called ONE BKC, is due to be completed in the next 12-15 months.

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