Latest Realty News

Global investable real estate to grow by more than 55 per cent by 2020
Feb 28, 2014
DELHI: Rapid urbanisation and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years, according to Real Estate 2020: Building the future, a new report from PwC. At the same time as the industry’s opportunities grow, so too will assets invested into the sector.
Housing demand across segments remained weak during 2013 : CBRE Report
Feb 27, 2014
DELHI: A slowing economic growth, coupled with high property prices and steep interest rates, resulted in weak demand for housing during the second half of 2013, according to CBRE’s bi-annual India Residential Market View report for H2 2013. High vacancy levels and rising construction costs led to a slowdown in construction activity, leading to a decline in new launches, and further delay in project completion timelines.
Dwarka Expressway: ‘Destination next’ for property buyers
Feb 27, 2014
DELHI: With property buying becoming increasingly difficult in Delhi, the NCR, especially Gurgaon, has become a major alternative destination where real estate projects have mushroomed at an unprecedented rate. Over the past 10 years, the pace of growth of the real estate sector in Gurgaon has been unparalleled and new housing societies, commercial complexes have emerged at a rapid pace.
Bhiwadi offers quality living at affordable rates
Feb 27, 2014
DELHI: The status of Bhiwadi as a priority town of the NCR has catapulted it to a pole position and put it firmly on investors’ radar. Known primarily as an industrial town, Bhiwadi comprises industrial centres of Bhiwadi, Khushkhera, Chopanki, and Sare Khurd. But today Brand Bhiwadi stands for quality living at affordable values, amongst other things. Comparatively low land prices, increasing housing demand, and good connectivity with Gurgaon and other parts of the NCR have attracted the attent
NCR Planning Board meet called over Haryana plan
Feb 27, 2014
DELHI: The NCR Planning Board will meet on March 6 to discuss, among other things, an approval of Haryana’s crucial sub-regional plan.
Realtors welcome Aravali plan, activists protest
Feb 26, 2014
DELHI: The proposed easing of the existing construction norms in green zone by the NCR Planning Board have been hailed by realtors and recreational industry players in Gurgaon.
Plans hit as Delhi loses power to acquire land
Feb 26, 2014
DELHI: Lack of full statehood has now become a hurdle in the path of Delhi’s development. A new central law on land acquisition that came into force on January 1 leaves the union territories with no say in land acquisition for projects, vesting all the powers in the Centre. As a result, there’s a shadow of uncertainty over at least 15 development projects in Delhi, besides the Metro’s expansions plans.
Private equity inflow in realty sector up 13 per cent to Rs 7000 crore: Report
Feb 25, 2014
DELHI: Private equity investment in the real estate sector increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment, global property consultant Cushman & Wakefield said.
Multiplexes, parks OK in NCR’s green zones
Feb 25, 2014
DELHI: The NCR Planning Board’s green light to more real estate construction activities in ecologically fragile zones like the Aravalis not only allows more commercial activities in the name of tourism but also gives state governments virtually a free hand in deciding how they to want to use these areas.
DDA offers penalty relief
Feb 25, 2014
DELHI: In its board meeting on February 24, DDA decided to launch a one-time relief scheme for those who stayed away from the leasehold to freehold conversion camp conducted recently.
Demand up for luxurious realty in Millennium City
Feb 25, 2014
DELHI: Millennium City Gurgaon today has a growth story that mirrors India’s growth over the last decade. Registering rapid urbanization, Gurgaon has become the city with the third highest per capita income in India.
Removal of the toll plaza, might hike Gurgaon Expressway property rates
Feb 25, 2014
DELHI: After the removal of the toll plaza, Gurgaon seems to have brought more than traffic to speed. According to real estate experts, dealers and builders, there is already increased activity in the real estate market and prices in Gurgaon could see an increase of about 10 to 20%.
Miranda House and Lotus Greens spread message of sustainability at Tempest 2014
Feb 24, 2014
DELHI: Sponsored by Lotus Greens, the real estate company known for its Environment friendly initiatives & Sustainability drive, the annual Miranda House Fest – Tempest, rocked the Delhi University one more time. The fest appropriately adopted the theme shades of green, to spread awareness on sustainability. The idea of the three vital Rs- Reduce, Reuse and Recycle, were utilized in all aspects of the fest from campus decorations to the events. Even the Invites for the fest were handmade and de
DDA goes chic, new flats to be modern and green
Feb 24, 2014
DELHI: The Delhi Development Authority (DDA) is planning a complete makeover of its flats, adopting snazzy, contemporary designs for its new batch of energy-efficient ‘green’ flats. The new flats will come up in the next two years.
Steep hike in circle rates likely in Delhi
Feb 24, 2014
DELHI: The capital may witness a 20-30 per cent hike in circle rates across various categories of properties over the next fortnight. The hike may be steeper for the upscale colonies in categories like A and B.
Buying a house? Mitigate risk with possession-linked plan
Feb 23, 2014
DELHI: With sales in the real estate sector slowing down, developers are coming up with a variety of attractive offers to persuade customers to buy. One innovation that the current slowdown has spawned is the possession linked payment (PLP) plan. Until recently, the most popular plan was the construction linked payment (CLP). Here, the payment to developer, either by the buyer or the bank from which the loan is taken, is linked to construction milestones.
VBHC launches VAIBHAV Phase II in Delhi NCR
Feb 22, 2014
DELHI: Value and Budget Housing Corporation (VBHC), pioneers of affordable housing in India, have announced the launch of Phase II of their Project Vaibhav in NCR- Bhiwadi region. Vaibhav Phase II will have a total of 395,866 sq ft 2BHK apartments. The township is built in 5 towers of 2 basements& 10 floors each and the project is spread across 4 acres of land.
Gurgaon-Pataudi Road is set to emerge as a prime residential destination
Feb 21, 2014
DELHI: Once upon a time, Pataudi was the seat of a princely state, which was ruled by the nawabs of Pataudi. With the rising demand in housing today, Pataudi (Gurgaon-Pataudi Road) has turned into an urban cluster teeming with real estate development and industrial set-ups.
Real estate market looks up in Greater Gurgaon
Feb 20, 2014
DELHI: Located 24km from Gurgaon city, Greater Gurgaon, the newly-notified area in the new Master Plan, is the new marketing name for Sohna Road. Currently, Greater Gurgaon is registering a boom in the real estate market with supply keeping pace with demand; experts even say the area is all set to emerge as the next axis for residential, commercial, institutional, and industrial development in Gurgaon.
Rs 50,000 cr Tax-free Bonds to Boost Infra Investments
Feb 20, 2014
DELHI: India will need $1 trillion by 2020 for the infrastructure sector while projects worth over thousands of crore are yet to get off the ground for want of different clearances.
Lokpal: Govt employees to file separate property returns
Feb 19, 2014
DELHI: All government employees have to file a revised declaration, information or return of their liabilities and those of spouse and their dependent children as per the mandatory requirement under the Lokpal regime, which came into being two days ago.
New Gurgaon has a range of housing options
Feb 19, 2014
DELHI: New Gurgaon — well connected to NH-8, the forthcoming Kundli-Manesar-Palwal Expressway, and Dwarka-Gurgaon Expressway—has brought fresh supply of units for people looking to invest in residential and commercial real estate. And, the residential property looks especially attractive here owing to the affordable rates.
DDA holds camp for mutation of property
Feb 18, 2014
DELHI: There was a mixture of hope and scepticism among applicants at DDA’s Lok Shivir, a five-day camp to expedite the process of leasehold to freehold conversion. While some people came out of the camps with conversion deeds in their hands, some complained of insufficient assistance provided by DDA officials at the camp. According to authority officials, 500 applicants turned up at the Shivir on February 17, of whom 378 applicants were issued conversion deeds on the spot. Those who did not get
Correct portfolio mix can increase returns
Feb 18, 2014
DELHI: To optimize an investor's returns from a portfolio and minimize the risks in it, there should be a correct mix of investment options. And such options could include mutual funds (both debt and equity), fixed deposits (FDs), insurance, gold and real estate.
HSIIDC goes online to allot plots
Feb 18, 2014
DELHI: With the financial year drawing to a close, HSIIDC, the industry authority, is attempting to attract new investors to the region. The latest in a series of systemic upgrades announced by the corporation’s head offices is the new online facility for prospective entrepreneurs planning to invest in Haryana. The ‘online mode’ for allocation of industrial plots aims to make the process of allotment speedier.

Latest Realty News Of State

Realty Talk's