Latest Realty News

Commit to savings through real estate
Jan 09, 2014
MUMBAI: Is real estate a good investment? Or is real estate good for you? The former focuses on returns from real estate, while the latter focuses on what real estate ownership can do to your emotional state of being. After observing the almost-compulsive urge among individuals to own a house, we realized that real estate ownership can do more good to your mental well-being than it can do to your portfolio.
Slow economy makes time right to buy property
Jan 07, 2014
MUMBAI: The Indian economy has had another tough year. Inflation went as high as 7.52 per cent, job opportunities reduced significantly across industries, the rupee saw steady erosion against the US dollar and market sentiments reached what was possibly their lowest point ever. And yet, things could be worse.
Building on the ancillaries business
Nov 29, 2013
MUMBAI: The rapid growth in the housing sector over the past two decades has catalysed the growth of allied segments such as paints, ceramics, electricals and sanitary fittings. They are expected to continue with their momentum in the years to come.
HDIL Q2 net down 70% at Rs 42.7 cr, income up 66%
Nov 15, 2013
DELHI: Realty firm HDIL today reported a 70 per cent fall in consolidated net profit at Rs 42.70 crore for the second quarter ended September 30, 2013-14 despite higher sales as expenses rose sharply.
'Premium housing prices may fall soon on inventory pile-up'
Nov 02, 2013
MUMBAI: Investorscan look forward to premium housing units getting cheaper by up to 20 per cent and gold prices rising significantly this festive season, says a financial advisory firm.
Only 903 housing societies in Mumbai apply for land transfer
Jul 11, 2013
MUMBAI: The deemed conveyance campaign, from last December to June 30, has received a very poor response.
Housing Development & Infrastructure Ltd served termination notice from MIAL
Jun 01, 2013
Housing Development & Infrastructure Ltd (HDIL) has received a termination notice from Mumbai International Airport Limited (MIAL) for its slum rehabilitation project, it said on Wednesday.
Developers crib about long process for getting permissions
Oct 17, 2012
MUMBAI: The civic body's policy that seeks to impose penalties on developers and even cancel projects if redevelopment of its properties is not completed within deadline evoked mixed reactions from experts and developers. Sunil Mantri, chairman of Mantri Realty and member of the real estate committee of the Indian Merchants' Chamber, complained about one clause that pushed up the revalidation
BMC cracks down on redevelopment project delays
Oct 17, 2012
MUMBAI: Continuing its crackdown on sloppy work, the BMC has outlined a policy limiting the maximum redevelopment project time for its properties to four years and slapping penalties on developers unable to meet deadlines. In a circular on Monday, the estates department listed out seven steps to be taken against developers if they slip up, including cancellation of proposals for delays in the

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