Latest Realty News

Height of houses on Delhi Development Authority’s agenda
Aug 21, 2013
DELHI: Delhi Development Authority is expected to review its proposal for an increase in height by 2.5 metres of residential houses to allow for stilt parking in its meeting on August 19.
Property prices up by 15 per cent in Delhi-NCR: Report
Aug 20, 2013
DELHI: Property prices have increased by an average 15 per cent in the Delhi-NCR during Apri-June quarter of this fiscal against the year-ago period, according to a report.
DLF says debt may fall below Rs 15,500 crore by fiscal-end
Aug 14, 2013
DELHI: DLF, the largest real estate developer in India, said it will cut debt by about a quarter to Rs 15,500 crore over the next nine months, mainly on the back of receipts from the sale of its luxury hotel chain Aman Resorts and some land divestitures.
Dwarka-Gurgaon Expressway on its way to hottest realty market
Aug 14, 2013
DELHI: Construction of the Dwarka-Gurgaon Expressway project is on full swing and it is expected to be completed in the next six months. More than 33,000 houses, with an approximate sale value of Rs 8,000 crore are under construction along different sectors of Dwarka-Gurgaon Expressway; of this, around 30,000 houses will be ready for possession in the next one and half years.
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.
Allottees may get DDA flats this month
Aug 12, 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.
Development work in 133 illegal Delhi colonies approved
Aug 09, 2013
DELHI: The Delhi government on August 7 granted permission for carrying out development works in 133 unauthorized colonies with immediate effect.
Reliance Industries Ltd to go slow on 720,000-sq-ft Alaknanda mall following strong protests
Aug 08, 2013
DELHI: Reliance Industries Ltd (RIL), the country's largest privately owned company, has decided to go slow on its plans of constructing a gigantic 720,000 sq ft mall in a residential colony in south Delhi, following protests from an assorted group of upper middle class professionals who live there.
Industrial colony on de-notified SEZs in Gurgaon
Aug 07, 2013
DELHI: The special dispensation for de-notified SEZs in Haryana to become eligible for developing industrial colony has evoked mixed response. The developers want single window clearance for the licences but real estate insiders claimed it would not be a cake-walk.
Link road will enhance the prospects of real estate in Ghaziabad
Aug 01, 2013
DELHI: Ghaziabad’s realty market has got a big boost from one more connectivity project. Resumption of work on the 22km-long link road between Greater Noida and Ghaziabad has raised hopes of developers and buyers in both the areas, as the link road connects the buzzing Zeta sector in Greater Noida with the Vijay Nagar bypass on NH-24.
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.
Private equity investment in realty drops 46% in first half to Rs 1,638 crore
Jul 30, 2013
DELHI: Private equity investment in the real estate sector fell by 46 per cent to $ 276 million in the first half of 2013 due to lack of good projects and weak sentiments, property consultant Cushman & Wakefield said.
How to buy a flat and not lose sleep
Jul 24, 2013
DELHI: Most middle class people in the country dream of owning a house. Also, investing money in real estate is always rewarding. But since the government is yet to prepare an ownership registry of all the properties in the country, in many cases, the title of a property is not clear. Besides, as there is no clear land acquisition policy, a real estate project can run into trouble and the dream sour quickly. Besides, multiple agencies are required to give approvals before a project can take off
Delhi NCR sees 39% decline in residential unit launches: Cushman & Wakefield
Jun 05, 2013
DELHI: According to the latest quarterly reports, global real estate consultancy, Cushman & Wakefield (C&W), the National Capital Region (NCR) witnessed the launch of approximately 7,600 units, a decline of 39% compared to the previous quarter.
New land prices dampen Noida-Greater Noida’s realty
Jun 03, 2013
With the three development authorities of Noida, Greater Noida and Yamuna Expressway having revised their land prices, the dream to build or buy a house of one’s own has become costlier. These authorities have raised the land prices by up to 40% of their current rates.
NCR sees subdued growth in residential segment
Oct 07, 2012
The year 2012 began on a sluggish note for the residential real estate market due to the convergence of multiple factors. The segment suffered on account of pressure being exerted both on the demand and supply side. On the demand side, buyers were increasingly reluctant to enter the market given the increase in cost of borrowing, thereby impacting demand levels; particularly for end users of a

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