Latest Realty News

Apr 13, 2015
Mumbai: Atul Ahuja, an airline employee, has been searching for an apartment for the last three years
Feb 13, 2015
NAVI MUMBAI: The booming real estate business and growing demand for houses and flats has also led to more complaints from home buyers
MCCI urge Bengal to raise land celing limit to 50 acres
Nov 18, 2014
Kolkata: A city-based chamber urged the West Bengal government to raise the land ceiling under 14Y to at least 50 acres from 24 acres
Realty may get FDI push today
Oct 29, 2014
Delhi/Mumbai/Kolkata: The Cabinet may on Wednesday decide on relaxing foreign direct investment norms in construction sector
Vijayawada, Vizag in Andhra Pradesh to be developed as smart cities, says Venkaiah Naidu
Sep 15, 2014
Union Urban Development Minister M Venkaiah Naidu today said Vijayawada and Visakhapatnam in Andhra Pradesh would be developed as 'smart cities'
Luxury hotels like Leela, Hyatt, others bolster growth with mixed-use projects
Sep 13, 2014
While the hospitality industry is abuzz with growth of mid-market brands, luxury brands like the Leela, Four Seasons, Hyatt and Ritz Carlton are furthering their growth by stitching mixed-use development deals with builder
Law dept to review KIIT land allotment
Sep 04, 2014
The state law department will examine the issue of allotment of 14 acres of land to city based Kalinga Institute of Industrial Technology (KIIT)
Bihar woos Bengal industry with attractive land package
Aug 26, 2014
Within a week of Chief Minister Mamata Banerjee’s return from Singapore, senior officials from the neighbouring State, Bihar, landed in the city wooing West Bengal’ s industry with an attractive land policy and a Rs 400-crore subsidy budget
‘Infrastructure will propel growth in 12-18 months’
May 26, 2014
MUMBAI: There is unison in thought among India Inc that accelerating infrastructure projects is the way forward for the new Government to recoup growth to the 8-10 per cent levels.
Indiabulls Real Estate Q4 profit down 20% at Rs 41.67cr
Apr 30, 2014
DELHI: Indiabulls Real Estate today reported 20 per cent fall in consolidated net profit at Rs 41.67 crore for the quarter ended March 31 on lower sales.
CII-CREDAI summit on sustainable development
Apr 27, 2014
INDORE: More than 60 representatives from different township projects and administrative boards participated in Madhya Pradesh Real Estate Summit 2014 organized jointly by Confederation of Indian Industry (CII) and Confederation of Real Estate Developer's Association of India (CREDAI), Indore on Saturday.
‘Real estate needs regulatory body’
Apr 18, 2014
DELHI: Real estate sector needs a regulator to protect the interests of buyers, builders, and investors, said Kaushal Jain, MD, Arihant Group, a Delhi-based company.
Home, tweet home
Apr 05, 2014
MUMBAI: It’s a simple case of necessity giving birth to invention. Back in 2012, when Pankhuri Shrivastava was a fellow of Teach For India, a non-profit organisation, she experienced firsthand the many challenges of living in Mumbai. It was tough to rent a house without paying high brokerages and even tougher to find like-minded flatmates.
Developers hail RBI policy; demand easing of interest rate
Apr 02, 2014
DELHI: Realtors’ body CREDAI today hailed the RBI’s decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.
Credai favours lower interest rate regime to boost housing sector
Apr 02, 2014
HYDERABAD: The Confederation of Real Estate Developers’ Association of India (Credai) today urged the Government to focus on development of the housing sector by reducing interest rates.
Rane Group puts Chennai property on the block
Mar 31, 2014
CHENNAI: The Rane Group has put on the block a 3.5-acre plot in the prime suburb of Velachery in south Chennai.
Annual India Property show in US from May 3
Mar 29, 2014
KOCHI: Property developers from Kerala, Chennai, Coimbatore, Bangalore, Delhi, Mumbai, Pune, Ahmadabad, Bhubhaneshwar, Trichy and Hyderabad have been invited to showcase residential projects in the 8th Annual India Property Show in the US
Report: Sales volume of listed real estate cos plunges 43%
Mar 28, 2014
PUNE: A research report by property consultants Knight Frank India has found that the volumes of 25 listed real estate companies over the past eight quarters has dropped from 21.85 million sq ft to 11.8 m sq ft, representing a decline of almost 43 per cent.
A House for Mr NRI
Mar 28, 2014
HYDERANAD: NRIs who purchased property in India a few years ago have not managed to rake in the moolah. Unattractive returns in cities such as Hyderabad and Coimbatore have put off NRIs, particularly from the US, according to builders.
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.
Gunning for equity and realty
Mar 24, 2014
DELHI: Vibha Padalkar joined HDFC Standard Life in 2008 after a seven-year stint as Executive Vice-President, Finance, at WNS Global Services. Discipline is the keyword when it comes to investments. Of course, periodic shifting of asset classes is also required. Here’s more on where a woman CFO invests and her investment mantras.
India's realty sector remains favoured destination: Report
Mar 22, 2014
DELHI: The Indian construction and real estate sector continues to be a favoured destination for global investors and businesses are optimistic about their prospects for this year, says a report.
5 firms in race for Tata Steel’s Mumbai land
Mar 20, 2014
MUMBAI: Tata Steel’s 25-acre land in Borivali received five bids from Mumbai’s top corporates and developers. The deal is expected to rake in Rs 1,000 crore for the company, though the buyer will have to shell out anywhere between Rs Rs 1500-2,000 crore to acquire and develop the property.
Piramal buys 3.5% stake in Sunteck Realty for around Rs 65 cr
Mar 20, 2014
MUMBAI: Ajay Piramal-led Akshar Fincom has picked up a 3.5 per cent stake in Sunteck Realty for around Rs 65 crore, according to industry sources.
Costlier housing
Mar 20, 2014
BANGALORE: Property prices in Indian cities witnessed a modest rise in 2013, lagging Asian peers. Prime residential property values rose by about 6 per cent in Bangalore, helped by a pick-up in demand, according to a report by global real estate consultant Knight Frank. Growth was even lower in Mumbai and Delhi, at 3 per cent and 2 per cent, respectively. This is much lower than the 13.5 per cent average increase in real estate prices in the Asia-Pacific region during the year.

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