Latest Realty News

‘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.
‘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.
ACME gets order to construct national games village in Kerala
Apr 11, 2014
DELHI: Green technology solutions firm ACME has bagged a contract for constructing the national games village in Kerala.
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.
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.
15 listed realty firms see 46% dip in sales: Knight Frank
Mar 29, 2014
MUMBAI: The sales volume of 15 of the top 25 listed real estate companies by market cap declined 46 per cent to 11.80 million sq ft from 21.85 million sq ft over the last eight quarters, according to a report by real estate consultancy Knight Frank.
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.
Political crisis, slowdown impact AP cement firms
Mar 24, 2014
HYDERABAD: The cement industry in Andhra Pradesh is facing a crisis. Prices have nosedived by Rs 50-60 a bag, hitting a new low, below Rs 200. Production in most units is just around 50 per cent of capacity and many are in the red.
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.
‘Real estate prices will rise 5-15% over six months after elections’
Mar 18, 2014
MUMBAI:Probably the only real estate developer in Mumbai offering office space from 1,500 sq ft to 80,000 sq ft (on a single floor plate), the Marathon Group has managed to ride the slowdown in commercial real estate by pioneering the concept of small office spaces for start-ups and large floor plates for multi-national companies in the city.
Sobha Developers Q2 profit up 26%
Nov 08, 2013
BANGALORE:Sobha Developers Ltd’s profits are higher by 26.16 per cent at Rs 51.6 crore on a standalone basis for the second quarter of the financial year 2013-14 compared with the corresponding period last year (Rs 40.9 crore).

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