Latest Realty News

Metro project runs into trouble
Oct 23, 2013
GANDHINAGAR: Even before its take off, the Rs 22,000-crore Ahmedabad-Gandhinagar metro rail project has run into serious trouble with its vendors alleging major corruption in due payments.
Land acquisition gathers momentum
Oct 22, 2013
KOCHI: The district administration has decided to acquire land for the construction of 12 Metro stations on a war footing. The decision in this regard was taken at a meeting convened by the Kochi Metro Rail Ltd (KMRL) on Thursday. The administration has to acquire land in Aluva west, Thrikkakara north, Edappally south, Ernakulam and Poonithura villages.
Cosmic Group all set to launch “Cosmic Cruise”
Oct 16, 2013
NOIDA: Cosmic Group is going to launch the spectacular project “Cosmic Cruise” which is set to become a landmark of North India. A place which is not just designed around work but the work and life balance.
Should you buy a home in Pune this festive season?
Oct 05, 2013
PUNE: This question is being asked by countless Puneites still living in rented properties and by the people seeking to make this beautiful city their home. The answer is – it is certainly the right time to invest in property in the right city, right location, at the right price and for the right duration. Not all cities currently, have real estate markets which are performing well.
Isolux Corsán awarded 6 new contracts in India
Oct 05, 2013
MUMBAI: Isolux Corsán has been awarded 6 new contracts for the construction of different infrastructures in India, where the Company totalling the amount of 175 M€.
Kochi Metro green drive
Oct 03, 2013
KOCHI: The Indian Green Building Council along with Kochi Metro Rail Ltd (KMRL) will conduct Kochi Metro Greenathon, a green building programme in association with various organisations in and around Kochi.
3C Company, RMGL join hands to raise awareness about green living
Sep 25, 2013
DELHI: The NCR-based 3C Company has announced its association with Rapid Metro Gurgaon Ltd (RMGL) to spread awareness about sustainable developments and green living. Under the agreement, RMGL will run a rapid metro train tagged as 'green', thereby enabling 3C to reach out to a larger audience within Delhi NCR.
Trial run begins for Jaipur Metro
Sep 24, 2013
JAIPUR: Following the successful completion of the Jaipur Metro project by the Delhi Metro Rail Corporation (DMRC) in a record time of two and a half years, the trial run of Metro trains on the corridor was formally flagged off today by Rajasthan’s Chief Minister, Sh. Ashok Gehlot, in the presence of DMRC’s Managing Director, Sh. Mangu Singh and a host of other dignitaries.
Mumbai’s realty sees no big price cuts soon
Sep 12, 2013
MUMBAI: In early 2013, a central Mumbai realtor’s son was set to join his father’s business. Then, the slowdown set in. The family patriarch asked the youngster to go abroad for higher studies. “For 8 years, real estate provided stability and growth. Now, it’s struggling.
Andheri West outpaces its eastern counterpart
Aug 21, 2013
MUMBAI: Situated in the western suburb of Mumbai, Andheri has come a long way from being just a suburb. Today, the locality is one of the most populous suburbs in Mumbai and is bustling with commercial as well as residential developments. Like any other suburb in the city, Andheri is also divided into east and west zones by the railway line. Both the zones today, are identified as prime real estate destinations that command attention from homebuyers, of course for different reasons. Andheri west
It’s raining offers for house hunters in Mumbai
Aug 04, 2013
MUMBAI: Call it monsoon madness if you will, but Mumbai’s builders have lined up some unusual incentives to stimulate apartment sales and cope with the problem of inventory build-up.
Developers to built Metro parking
Jul 24, 2013
NOIDA: To address the parking space crunch to some extent, Noida Authority has asked two developers to built multi-level parking lots for 4,500 vehicles at two of the busiest Metro stations - City Center and Sector 15. The lease agreement with the developers has a provision wherein parking lots have to be developed without the Authority shelling out funds for the purpose.
Akhilesh Yadav meets Japanese delegation to explore funding for Metro rail
Jun 29, 2013
LUCKNOW: The state government has begun considering loan options for Lucknow Metro rail project after giving green signal to its first phase. On Friday, chief minister Akhilesh Yadav held a closed door meeting with the Japan International Cooperation Agency (JICA)'s India chief, Shinya Ejima and deputy chief representative of India, Ichiguchi Tomohide along with other senior officials of the international agency.
Kochi Metro work to begin on Friday
Jun 04, 2013
Chief Minister Oommen Chandy will inaugurate the construction work of Kochi Metro at a function to be held near Jawaharlal Nehru Stadium, Kaloor at 10.30am on Friday.
Thane remains a preferred realty destination of MMR
Jun 04, 2013
MUMBAI: Thane, also known as the lake city, is one of the major urban conglomerations of the Mumbai Metropolitan Region (MMR) and is well connected to all parts of the country by rail and road.
MCHI-CREDAI to focus on generation next developers
May 30, 2013
In a bid to strengthen its presence in Mumbai Metropolitan Region (MMR), developers body MCHI-CREDAI has decided to set up its Youth Wing and increasingly involve the generation next.
FAR along proposed Noida Metro route to be increased
May 29, 2013
In view of the projected increase in population density along the Metro corridor planned between Noida and Greater Noida, the boards of the two authorities have jointly approved a proposal to increase floor-area ratio (FAR) by 0.5% on all plots located within 500 metres on either side of the proposed line. Proceeds from the sale of additional FAR would be used to strengthen the resources of the Metro system.
Corporation to develop facilities around metro stations
May 28, 2013
As metro rail plans to open the Koyambedu-St Thomas Mount elevated line by mid-2014, Corporation of Chennai is getting ready too — to provide access to the stations on the route.
More illegal houses come to light
Jan 12, 2013
HYDERABAD: More irregularities pertaining to unauthorised constructions in Manikonda and Poppalguda gram panchayats have come to light in the fresh probe launched by officials into structures that came up in these villages in the recent past.
Kamal Nath clears air over Kochi metroman's role
Dec 09, 2012
New Delhi:Union Urban Development Minister Kamal Nath says it is for the Kerala government to decide what role E Sreedharan should play in the Kochi Metro Rail project.
Building plan nod at zonal offices
Nov 05, 2012
Hyderabad: Hyderabad Metropolitan Development Authority’s metropolitan commissioner Neerabh Kumar Prasad issued orders on Saturday delegating more powers to the zonal offices with effect from Monday.
Credai fears slew of VAT-related litigation
Nov 03, 2012
PUNE: The Confederation of Real Estate Developers Association of India (Credai), Pune Metro, said on Friday that the state government's decision to stick to its stand on the Value Added Tax (VAT) on residential properties in the state - sold during the period June 2006 to March 2010 - will lead to multiple legal cases and cause ill-will between the developers and home buyers.
Waste clearance, drainage systems in city get a boost
Oct 15, 2012
CHENNAI: Garbage clearance and the drainage system in the city received a shot in the arm as chief minister J Jayalalithaa on Sunday sanctioned projects worth 898.78 crore, focusing on improving the basic infrastructure facilities in the newly included parts of the corporation.
Builders not to use potable water for construction
Jul 25, 2012
PUNE: Waking up to the need to save the precious drinking water in the city facing a scarcity-like situation, members of the Confederation of Real Estate Developers Associations of India (Credai), Pune Metro, have taken a collective decision not to use drinking water at construction sites. Satish Magar, president, Credai, Pune Metro, has issued a circular to its members informing them about th

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