Latest Realty News

Brokers in NCR region integrate to grow in relevance
Jan 31, 2014
DELHI: A large number of Delhi-NCR based small real estate brokers are joining popular platforms to get a wider bottom-up reach. While these big platforms are educating the nuances of modern day practices adopted by the industry to small brokers, apart from giving them the brand value, the former too is benefiting by getting more penetration into the micro markets. Experts believe that adopting technology and remaining connected is the only way out, working in isolation would make them obsolet
Sahara gets stay on book release, files Rs 200-cr defamation suit against author
Jan 14, 2014
MUMBAI: The Sahara group is trying its best to ensure that a still-to-be-released book, Sahara: The Untold Story, remains just that - untold. That's because the group has got an ex-parte stay from the Calcutta High Court on the release of the book, written by business journalist, Tamal Bandyopadhyay and being published by Jaico Books.
SC retains bar on Subrata Roy's foreign trips
Jan 10, 2014
DELHI: Retaining the bar on Sahara group chief Subrata Roy's visits abroad, the Supreme Court on Thursday asked his two real estate companies to disclose in two weeks the source of the Rs 20,000 crore these claimed to have refunded to the investors in their optionally fully-convertible debentures (OFCDs).
Subrata Roy moves SC for permission to go abroad
Jan 04, 2014
DELHI: Sahara Group chief Subrata Roy, who has been restrained from going abroad for failing to refund Rs. 20,000 crore investors' money, today moved the Supreme Court seeking its permission to go overseas for business purposes.
Sun-Apollo, Rustomjee Builders reach out of court settlement
Nov 21, 2013
MUMBAI: Sun-Apollo India Real Estate Fund and Rustomjee Builders, locked in a court battle over a financial dispute, have reached an out-of-court settlement under which the private equity player exited in the realty firm for an undisclosed sum.
Sahara urges Sebi to verify repayments to investors
Mar 05, 2013
NEW DELHI: Caught in a legal battle with Sebi and directed by the Supreme Court (SC) to refund Rs 19,000 crore to investors by depositing this amount with the market regulator, Sahara has asked for the appointment of a credible agency to verify the authenticity of claims of repayment made by the two Sahara companies - Sahara India Real Estate Corporation and Sahara Housing Investment Corporation.
Housing sales fall by 16% in 2012; new launches drop by 30%
Jan 08, 2013
NEW DELHI: Housing sales have declined by 16 per cent to nearly 2.10 lakh units during 2012 in the top six cities as high property prices and costlier home loan affected demand, property consultant Knight Frank said in a report.

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