Latest Realty News

TN Slum Clearance Board to rope in pvt player for multi-storeyed building
Jun 13, 2013
CHENNAI: The Tamil Nadu Slum Clearance Board has decided to rope in a private player to construct a multi-storey building in the heart of Chennai. This is the first such project to be taken up in Tamil Nadu.
Multi-storey in high demand in Delhi
Jun 11, 2013
DELHI: Demand for multi-storey buildings in Delhi was recorded as approximately 53 per cent during the Feb-Apr 2013 period, a rise of 2 per cent from the Nov 2012-Jan 2013 period. The growing space crunch in the capital city could be the reason behind the demand for multi-storey units being the most preferred property type across all categories.
Are realty prices set to fall?
Jun 10, 2013
DELHI: Most property buyers seem to think so and are waiting for a price correction before investing in it, according to a recent online survey conducted by Economictimes.com.
Astha state head detained
Jun 09, 2013
BHUBANESWAR: The Crime Branch (CB) on Friday detained Subhransu Lenka, state coordinator of controversial Astha International Limited, a Surat-based money circulation company, accused of embezzling crores of public deposits in Odisha.
Police plan AT trio, media chiefs face-off
Jun 08, 2013
BHUBANESWAR: Controversial AT Group chief Pradip Sethy and two directors Srikrishna Padhi and Manoj Pattnaik were on Friday taken on five-day police remand for further questioning in the alleged embezzlement of public deposits worth nearly Rs 500 crore.
Kalinga Sena demands enquiry on Utkal Builders
Jun 05, 2013
Bhubaneswar: Kalinga Sena supremo Hemant Rath at a Press conference here on Tuesday alleged that the Kolkata-based Rose Valley company, which has also duped lakhs of Odia people of crores of rupees, has invested nearly Rs 50 crore in the Bhubaneswar-based real estate firm Utkal Builders.
AT fraud: Media heads plead innocence
Jun 05, 2013
BHUBANESWAR: Some media entrepreneurs and builders, who on Tuesday were interrogated for their alleged links with the Artha Tatwa (AT) Group, washed their hands off the fraud and pleaded innocence.
Curious crowds throng thana
Jun 05, 2013
BHUBANESWAR: The much-hyped fraud by AT Group has stirred public curiosity as it was evident during the interrogation of some influential builders, businessmen and media entrepreneurs, having alleged nexus with the company, at Kharvela Nagar police station here on Tuesday.
Kalinga Sena demands enquiry on Utkal Builders
Jun 04, 2013
Bhubaneswar : Kalinga Sena supremo Hemant Rath at a Press conference here on Tuesday alleged that the Kolkata-based Rose Valley company, which has also duped lakhs of Odia people of crores of rupees, has invested nearly Rs 50 crore in the Bhubaneswar-based real estate firm Utkal Builders.
AT agents to come under lens
Jun 04, 2013
BHUBANESWAR: After AT Group's top bosses, police have now decided to turn the heat on agents, who lured gullible investors and collected huge amounts. Police sources said AT Group agents were getting the highest commission, nearly 40%, compared to other money circulation companies in Odisha.
Police seal chitfund offices in Odisha
May 30, 2013
Cracking down on ponzy scheme companies, Odisha police said three more offices of Seashore Group were sealed and one of the directors of Artha Tatwa (AT) Group was arrested today, official sources said.
Crime Branch seals farmhouse, branch offices of Seashore Group
May 29, 2013
The Economic Offences Wing (EOW) of the Crime Branch (CB), probing the multi-crore financial fraud by Seashore Group, on Tuesday seized some immovable property of the dubious multi-business conglomerate in Bhubaneswar, Cuttack and Angul.
Ex-director of AT Group held in connection with financial scam
May 28, 2013
Police on Monday arrested a former director of AT Group in connection with the Rs 500- crore financial scam in the money circulation company.
SUV, superbike seized, Sethi back in jail
May 28, 2013
Police on Sunday seized three vehicles, including an SUV and a power bike, owned by AT Group's CMD Pradip Sethi. He was arrested here on May 12 for allegedly running an illegal money circulation business in Odisha.
Economic Survey 2013: Delays in clearances jack up property prices by 40%
Feb 27, 2013
New Delhi: Property prices in India shoot up by 40 per cent due to delays in starting of projects, which require 34 procedures to get clearance, taking an average of over six months time and the issue needs to be addressed, according to the Economic Survey.
Property seller can forfeit buyer's earnest money: Supreme Court
Oct 25, 2012
NEW DELHI: Earnest money paid by a purchaser of an immovable property can be forfeited by the seller if the former fails to pay the remaining sum, the Supreme Court has held. A bench of justices K S Radhakrishnan and Dipak Misra said the earnest money is given to bind the contract and the seller is entitled to forfeit it if the sale of an immovable property falls through due to the fault of t
Land survey to get tech edge
Sep 06, 2012
BHUBANESWAR: Land survey and settlement in the state is going to become hi-tech. The Assembly passed the Odisha Special Survey and Settlement Bill, 2012, on Tuesday after debating it for four days. The Bill states that it shall be deemed to come into force on July 12, 2012. According to the proposed legislation, "survey of a revenue village may be carried out by applying modern technology inclus

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