Latest Realty News

Investments in realty sector grow 53% in Jan-Sep 2013
Jan 04, 2014
DELHI: Investments in the real estate sector grew by 53% in the first three quarters of calendar 2013 with an infusion of $1,885 million against $1,235 million during the same period in the previous year.
Real estate boom takes toll on groundwater
Jan 03, 2014
DELHI: Noida and Greater Noida fall in the water-rich doab — lying between two confluent rivers — area. It has Yamuna’s catchment on the one side and Hindon on the other. Yet, mindless extraction of groundwater for massive construction has caused irreparable damage to the water table in New Delhi.
Demand for commercial property still good in Delhi
Jan 03, 2014
DELHI: Despite odds, the Delhi NCR’s commercial realty market is still considered as one of the most favourable investment destinations. This owes a lot to the political heft that Delhi commands—being the national capital, the city houses the headquarters of major political parties, as well as all administrative offices. Naturally, this attracts corporates wanting to be in close proximity to the bureaucrats and other decision makers.
Four years on, DDA announces housing scheme 2014
Jan 03, 2014
DELHI: Announcing the launch of a new housing scheme in 2014, Delhi Development Authority (DDA) said its scheme would cover all segments of society and would provide accommodation ranging from one-room tenements to three-bedroom flats. The flats will be made available in different parts of the city, DDA officials said.
Lenders bank on home loan portfolio, cut interest rates
Jan 03, 2014
DELHI: With competition in the home loan space getting intense, banks are looking to spruce up their products by either cutting rates or allowing customers to borrow larger amounts at the same rate, reports Shashidhar Jayakumar in Mumbai. M Narendra, CMD, Indian Overseas Bank, told FE his bank was toying with the idea of giving home loans at 10.25% for a value of up to Rs 75 lakh, way more than the current R30 lakh that it allows.
Developers eye Aravali green zones in Haryana
Dec 30, 2013
DELHI: “Conservation zones” in the national capital region, including the eco-sensitive Aravalis, Yamuna riverbed and areas around major water bodies, have been the main targets of Real Estate developers who sought the lifting of restrictions on “recreational activities” put in place by state government tourism policies. In a concerted approach, they appealed to the NCR Planning Board (NCRPB) to, in fact, include tourism projects under the “recreational” category.
Single Window Clearance system to be priority in 2014
Dec 28, 2013
DELHI:The NCR Chapter of Confederation of Real Estate Developers Association of India or CREDAI-NCR has mooted a proposal to intensify its efforts for a single window clearance for projects. In a meeting to take stock of 2013, Anil Kumar Sharma, president, CREDAI-NCR & CMD, Amrapali Group and the members of the body were of the view that unnecessary and sometimes motivated delays in clearances of projects and subsequently in issuing the NOC for possession purposes are not only affecting the buye
Mixed land-use policy for Noida
Dec 28, 2013
DELHI: Noida Authority has approved mixed land-use policy in Noida Master Plan-2021, which will allow offices, retail shops, eateries, and entertainment outlets in specific areas in industrial and institutional sectors.
Indian retail: Managing dead mall spaces
Dec 28, 2013
MUMBAI: As a consequence of India’s retail transformation, the country has seen a substantial increase in mall space over the years. However, out of the hundreds of shopping centres operational today, only a few can be counted as genuinely successful.
Mall space availability to rise to over 95 mn sq ft in 2015
Dec 27, 2013
MUMBAI: Total mall space availability across seven top cities is expected to increase by almost 26 per cent to 95.7 million square feet by 2015, a recent survey said.
Shopping malls set to grow, not only in numbers but also in size
Dec 27, 2013
DELHI: Malls in India are getting bigger as developers are focusing on projects that can accommodate more shoppers and offer various facilities under one roof. The average size of malls is likely to increase to 470,000 sq ft in 2015 from around 380,000 sq ft now, according to a study by property advisory firm Jones Lang LaSalle (JLL).
Downside of ‘wait & watch’ syndrome for home buyers
Dec 27, 2013
DELHI: Buyer paralysis – or, as it is popularly known these days, the ‘wait-and-watch’ syndrome – is one of the main reasons today why aspiring home owners do not make their move. There are various reasons why people prefer to sit on the fence rather than in their dream home. Probably the most significant one is the negative market messaging via various information channels.
Branded homes gaining popularity in India
Dec 27, 2013
DELHI: In today’s scenario, buyers’ high aspirations, increased living standard of people, high esteem needs and pre-requisite of better living conditions has pushed developers a step forward to developing a space in the super-luxury segment known Branded Residences.
Commercial market a preferred investment choice in Delhi/NCR
Dec 26, 2013
DELHI: Developers and investors are now turning their focus upon commercial property, as these have greater potential for capital appreciation compared to residential property.
NRIs look to Gurgaon flats for bumper returns
Dec 26, 2013
PUNE: If you get to choose between buying a beach house in Florida and an apartment in Gurgaon, what would you prefer? While the great American dream may seem like obvious choice to many, the dollar-rich expatriates think other way around.
Building infrastructure at NH-24
Dec 25, 2013
DELHI: With infrastructure upgrades such as widening of NH-24 and the upcoming metro, the linkages between Delhi, Ghaziabad and Noida are expected to improve leading to real estate growth in these areas.
Office space leasing up marginally in NCR despite slowdown
Dec 22, 2013
DELHI: Office space absorption in NCR, the largest office market in the country, is slightly higher at 4.9 million sq ft during January-September period of this year despite economic slowdown in India as well as globally, according to property consultant Knight Frank.
Public Private Partnership: Bridging the gap
Dec 21, 2013
DELHI: Public Private Partnership (PPP) broadly refers to long-term, contractual partnership between the public and private sector agencies, specifically targeted towards financing, designing, implementing and operating infrastructure facilities and services that were traditionally provided by the public sector. PPPs are therefore “cooperative venture between the public and private sectors, built on the expertise of each partner that best meets clearly defined public needs through the appropriat
Lutyens' Delhi: Rentals shoot through the roof as rich line up to rent sprawling properties
Dec 20, 2013
DELHI: Guess what's the new fad among rich Indians? Renting a bungalow in the verdant Lutyens' Delhi, where the country's high and mighty live.
DLF completes sale of 74% stake in life insurance JV to DHFL
Dec 19, 2013
DELHI: Realty firm DLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing FinanceBSE 0.57 % for an estimated Rs 250-300 crore.
Cushman names Edward Forst as company's new President, CEO
Dec 18, 2013
DELHI: Global real estate consultant Cushman & Wakefield Inc today announced Edward C Forst as the new President and Chief Executive Officer of the company.
Fresh supply of mall space up 39% in 2013; no addition in NCR
Dec 18, 2013
DELHI: Fresh supply of retail space in shopping malls increased by 39 per cent in 2013 to 4.59 million sq ft in eight top cities despite delay in completion of 18 malls, said a global property consultant.
Housing prices in India fall 1.7% in April-June on poor demand
Dec 17, 2013
DELHI: Housing prices in India fell 1.7 per cent during the April-June quarter due to poor demand amid subdued economic conditions and there are no signs of recovery, real estate consultancy Knight Frank said.
Selling your old flat to buy new property? Few things to know
Dec 17, 2013
DELHI: Sanjay Dhule is keen to sell the old flat he inherited from his parents and buy a new one in the same city. He has realised that not only is it difficult to get a buyer for the old flat, but the cost of the new one is also high. He will have to put in his own money as well, but is unsure about completing both the sale and purchase transactions seamlessly. He is also worrying about the costs and taxes that may be applicable to him. How should he manage this?
Sell IB Real Estate Ltd with a target of Rs 60: Sandeep Wagle
Dec 16, 2013
DELHI: In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services shares his views on IB Real Estate Ltd.

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