Latest Realty News

Uncertainty-looms-over-appointment-of-regulatory-body-for-Mumbai-home-buyers
Sep 23, 2015
MUMBAI: The Maharashtra Government appears to be in a dilemma over appointment of a regulatory body to safeguard interests of home buyers in the city despite the fact that the process of framing rules for the Housing Regulatory Bill has been completed.
Buyers-point-to-loopholes-in-Rajya-Sabha-report-on-real-estate-bill
Aug 03, 2015
NOIDA: NCR homebuyers, who made significant contributions in the shaping of the Real Estate Regulation and Development Bill, have by and large welcomed the report by the 21-member select committee on the Bill, submitted to the Rajya Sabha on July 30.
Remove regulatory overlaps in real estate: Rajeev Talwar
May 18, 2014
MUMBAI: The new central government should primarily look at making life easier for home buyers and real estate developers.
Realty sector displays positive outlook: Knight Frank survey
Apr 30, 2014
MUMBAI: Anticipating a change in political leadership, sentiments of home buyers and investors have seen an improvement displaying a strong positive outlook for the real estate sector, a recent survey said.
Supertech home buyers may seek review of High Court order
Apr 19, 2014
DELHI: Home buyers in Supertech's two 40-storey apartment towers in Noida are considering filing a review petition in the Allahabad High Court against its order to demolish the towers for violating building regulations.
Supertech home buyers may seek review of High Court order
Apr 18, 2014
DELHI: Home buyers in Supertech's two 40-storey apartment towers in Noida are considering filing a review petition in the Allahabad High Court against its order to demolish the towers for violating building regulations.
Apartments between Rs 30-60 lakh most preferred: CREDAI
Feb 28, 2014
CHENNAI: Majority of home buyers opted for mid-range apartments priced between Rs 30 lakh and Rs 60 lakh at the seventh edition of the Fairpro 2014 that concluded here recently, real estate industry body CREDAI said today.
Realtors seek tax breaks for home buyers, builders to beat sluggish demand
Feb 11, 2014
DELHI: To beat a sluggish demand, real estate developers have sought tax breaks for home buyers and builders that could help boost sales as well as speed up new launches.
Online search and research redefine home buying
Dec 28, 2013
DELHI: Marketing a home today is not like marketing a home in the past. Home buyers are increasingly relying on online resources to find homes for sale.
Real estate: Soft launches can lead to a hard landing
Dec 16, 2013
MUMBAI: With the festival season turning lacklustre and with the RBI clampdown on 80:20 payment schemes and its variants, a good number of developers are increasingly opting for 'pre-launch' to lure buyers and to get their cash flows going. There is even a fancy name to this called 'soft launch'. Home buyers are flocking towards such schemes, unaware that the risks are greater than the discounts dangled before them. Legal experts term this 'illegal' while property consultants advise buyers to st
Delhi home prices fall by 4.5% in Q2, 10 cities see decline
Nov 22, 2013
DELHI:House prices in Delhi fell by 4.5 per cent during the quarter ended September, as compared with the previous quarter ended June. Stretching that timeline to March, prices fell by 5.9 per cent, the latest Residex brought out by the National Housing Bank (NHB) showed.
Social infrastructure for quality life
Sep 27, 2013
MUMBAI: Buying a suitable house that fits in their budget is no doubt very important for home buyers. However, equally vital are the educational, health, transport, security, cultural and recreational facilities for quality living, which range from grocery stores and markets to banks, schools, hospitals, theatres, restaurants, clubs, religious places, etc. “Buyers have always had a holistic approach and they prefer to have schools, hospitals, shopping complexes, entertainment centres, etc., in c
RBI move may spoil the party for realty players
Sep 05, 2013
DELHI: The slowdown-hit realty players had found a sweet spot in the 80:20 scheme for home buyers. But the Reserve Bank of India’s move to bar banks from giving upfront loans for under-construction projects through such schemes may have disastrous consequences, developers say.
Realtors woo buyers with new upfront payment norm
Aug 18, 2013
MUMBAI: If you are among those who have been forced to shelve plans to buy a house owing to the high down payment requirements or inability to bear the combined payment burden of rent and home loan EMI, there is help at hand.
Realtors woo buyers with new upfront payment norm
Aug 18, 2013
MUMBAI: If you are among those who have been forced to shelve plans to buy a house owing to the high down payment requirements or inability to bear the combined payment burden of rent and home loan EMI, there is help at hand.
Developers now homing in on studio, serviced apartments
Jul 01, 2013
DELHI: Real-estate players are now eyeing first-time home buyers, expats and those who come for medical treatment by offering studio and serviced apartments. Even non-resident Indians who want to park their funds in real estate seem to be keen.
Slowdown in real estate: Time for home buyers to go bargain hunting but exercise due diligence befor...
Jun 24, 2013
DELHI: A slowdown in the real estate sector can spell opportunity for the prepared. Delhi-based publishers, Umraopati Ray, 30, and his wife PriyankaSaxena, also 30, own an apartment at PaschimVihar. As the slowdown in the National Capital Region (NCR) intensified, the young couple went hunting for good deals. Recently, their efforts were rewarded when they managed to buy a flat at VasantVihar at a price 15% lower than the peak rate witnessed in the area in the past.
Unaffordable Mumbai
Jun 18, 2013
MUMBAI: For Mumbai, the city which has for years carried the unwholesome reputation of being the most over-priced in terms of residential real estate valuations, there is no relief in sight for aspiring home buyers. Over the last four years, property valuations in the financial capital have increased by an average of 66 per cent. All ‘expert’ predictions over the last three years of an imminent correction have proved to be wrong.
Real Estate Bill: How home buyers stand to gain & lose
Jun 10, 2013
DELHI: Last week, the Union Cabinet approved the draft Real Estate (Regulation and Development) Bill 2013 that allows for the creation of a regulator in the real estate sector. Once passed by Parliament and subsequently adopted by each state, it will allow for the creation of a real estate regulator in each state (realty being a state subject).
Rate cut expected to soften home loan rates, improve dipping home sales
Jan 29, 2013
NEW DELHI: Home buyers could be in for a cheer this spring as home loan rates are expected to soften after the Reserve Bank of India reduced its key policy rates.

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