Latest Realty News

India's real estate sector to need $ 257 bn by 2015: Report
Nov 16, 2013
MUMBAI: The real estate sector in the country would need an investment of $ 257 billion by 2015, including Economic Weaker Section (EWS) housing, of which residential real estate alone would require $ 29 billion, according to an EY-FICCI real estate report released today.
Do your groundwork before you buy
Oct 06, 2013
MUMBAI: Are you wondering if you should buy a property right now or wait for the dust to settle? If you are buying a home and planning to live in it, this may be a good time to be on the look out. This is because there are many unsold homes and builders are willing to negotiate with serious home buyers. However, risks of project delays and defaults will have to be factored in before you actually ink a deal.
Slowing realty industry sees top-level exits
Aug 29, 2013
BANGALORE: Indian real estate sector is seeing top-level exit even as industry grapples with slow sales. In a recent exit, Juggy Marwaha has quit Mantri Developers to join property consultancy firm Jones Lang LaSalle (JLL) India as managing director, south India operations.
Cyber city of Gurgaon rules the realty roost
Aug 14, 2013
DELHI: Gurgaon and Manesar continue to be the hub of real estate activities in the NCR region. Despite the slowdown in the economy, demand for residential and commercial real estate in these sub-cities has not been affected appreciably.
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.
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”.
Allottees may get DDA flats this month
Aug 13, 2013
DELHI: Allottees of Delhi Development Authority’s (DDA) Ganga block apartments in D-6 Vasant Kunj may finally get possession of their flats within this month.
Homebuyers and investors are flocking Greater Noida West
Jul 31, 2013
DELHI: Greater Noida West (formerly Noida Extension) is now free from all legal hurdles and builders and developers have resumed construction here and are even planning to launch new projects.
What will Budget 2013 hold for the real estate sector?
Feb 26, 2013
Will Budget 2013 give the Indian real estate market enough lift to help it kickstart a sagging economy? Historically around the world real estate and infrastructure are sectors that can add a lift to the economy when it stagnates.
Investors avoid buying luxury homes as returns fade
Oct 03, 2012
NEW DELHI: Rishabh Singhvi's biggest investment bet for many years is in the doldrums. The luxury apartments the 34-year-old Delhi businessman used to buy and sell in Gurgaon to make yearly profits of around 30 per cent barely two years ago, don't fetch him more than 6-7 per cent returns these days. "It does not make sense to park your money in bricks and mortar any more. Returns have crashed

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