Latest Realty News

Good returns drive residential market of Golf Course Extension Road
May 15, 2014
DELHI: Golf Course Extension Road has been developing as a premier lifestyle destination for residential and commercial property owing to fast-paced infrastructural development and good connectivity to NH-8 and South Delhi through Gurgaon-Faridabad Expressway.
Noida may see 10% rise in allotment rates
May 15, 2014
DELHI: Buying property in Noida is likely to cost more from June. The Noida Authority proposes to hike the land allotment rate of residential and commercial properties by 15% and industrial properties by 10%, respectively, according to sources. The new rates are likely to be effective from June.
Builder fined for not delivering flats
May 14, 2014
DELHI: In what could tame builders who fail to deliver houses on time, the National Consumer Disputes Redressal Forum has asked realty major Parsvnath Developers to return the entire principal amount paid by two flat buyers with 18% interest and another Rs 7 lakh compensation to each for causing mental agony and harassment because of delay in handing over possession.
Ansal Properties to invest Rs 130 crore on SEZ development in Greater Noida
May 13, 2014
DELHI: Realty firm Ansal Properties and InfrastructureBSE 3.72 % has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction.
Integrated townships come to Meerut
May 13, 2014
DELHI: Meerut’s realty market has shaped up as an ideal destination for affordable-range housing with prices in other NCR regions like Noida, Gurgaon, and Ghaziabad slipping out of the reach of the average middle-class homebuyer.
Rs 8 crore road link for Manesar Phase V
May 13, 2014
DELHI: The newest industrial pocket of IMT Manesar – Phase V – is now being readied for fresh development activity lined up for the coming years. The industry authority, HSIIDC, has recently put together a road layout plan for this newly acquired development land, which will connect parts of Phase V with the rest of the township.
Delhi picks trouble spots in Haryana’s 2021 plans
May 12, 2014
DELHI: The Delhi government has raised several environmental concerns about the draft regional plan 2021 and sub-regional plan for Haryana 2021. One of the issues is high emission of sulphur dioxide (SO2) and oxides of nitrogen (NO2) in parts of Haryana in NCR with not enough air quality monitoring stations in the region. Water sharing through Munak Canal and land use change in Aravalis are other contentious areas.
Noida: Residential units can be built on institutional plots
May 12, 2014
DELHI: Finding no takers for developing institutional properties in the city, Noida Authority has decided to allow such plot owners to sell a portion of the land for residential use. This decision will help offer more housing projects in the region.
Ultra-luxe NCR apartments a rage with expats, corporate travellers
May 12, 2014
DELHI: If you have recently arrived in Gurgaon, Noida or Delhi for work, and don’t like the idea of putting up at a hotel, you need not live out of a suitcase. An increasing number of business travellers coming down to this neck of the woods for a few days, weeks, months or years are opting for a more homely experience. Thanks to a whole new crop of plush apartments in NCR that are being converted into beautiful homes, visitors are now choosing to opt for full-service apartments that are being p
Groups of high networth individuals make the best of slowdown in home sales
May 09, 2014
DELHI: High networth individuals (HNIs) are making the best of the slowdown in home sales. With developers under pressure, groups of HNIs, usually close friends, are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts and built-to-suit payment plans.
Delhi NCR needs more affordable housing projects
May 09, 2014
DELHI: Affordable housing has always been the need for all times. It is very satisfying to see the growth of Real Estate projects in the entire Delhi NCR. Various growth corridors in Noida, Greater Noida, Great Noida (West), such as, Noida Extension, Faridabad, Ghaziabad and Gurgaon, have made progress on this front. Developers of these areas have carefully chosen the projects, keeping in mind the demands and budget of the buyers.
Eviction Drive near Rajmahal, 16 Shops Removed
May 09, 2014
BHUBANESWAR: The General Administration (GA) department and Bhubaneswar Development Authority (BDA) removed about 16 temporary shops near Rajmahal flyover in a joint eviction drive on Monday.
The twin cities of Noida, Greater Noida to go ahead with riverfront project
May 09, 2014
DELHI: In stark contrast to neighbouring Delhi, Noida Authority has decided to go ahead with its Rs 200 crore Yamuna riverfront development project. The project, however, is raising eyebrows of environmentalists who have decided to take the matter to National Green Tribunal (NGT).
Groups of high networth individuals make the best of slowdown in home sales
May 08, 2014
DELHI: High networth individuals (HNIs) are making the best of the slowdown in home sales. With developers under pressure, groups of HNIs, usually close friends, are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts and built-to-suit payment plans.
Haryana urges SC to lift ‘forest’ tag from Aravali land
May 06, 2014
DELHI: At a time when there is an uproar against Haryana government’s move to allow more construction in unexplored regions including the Aravalis, the state has moved the Supreme Court aiming to free huge tracts of land declared as “forest” by the court in a mining related case in 2004.
Supertech verdict may lead to activism in real estate
May 02, 2014
DELHI: Sohan Mishra has been driven to wits' end over a real estate builder reneging on the delivery date of his dream house in Noida. A delay of over one-and-a-half years has forced him to extend his rent agreement. This has strained his finances, as he is also paying back his home loan in fixed monthly installments. However, there is now a glimmer of hope.
Real estate majors' stocks crack under political pressure
May 02, 2014
DELHI: Shares of New Delhi-based realty majors DLF and Unitech came under heavy selling pressure on Wednesday, falling eight per cent each, the most in three months.
Vaishali property is value for money
Apr 30, 2014
DELHI: Vaishali has become one of the most preferred real estate destinations of New Ghaziabad (trans-Hindon regions), as the infrastructure here has improved vastly and Metro connectivity is in place.
New home launches up by 43% in Jan-March: Cushman
Apr 29, 2014
DELHI: Over 55,000 housing units were launched in January-March period in top eight cities of the country, up by 43 per cent from the previous quarter.
Godrej Properties looking to enter Noida real estate market
Apr 29, 2014
DELHI: Godrej Properties LtdBSE -0.02 % is keen on entering the Noida real estate market and is looking for a partner to develop a housing project, according to a top official at the company.
Realty firms hope poll outcome to bring turnaround in market
Apr 29, 2014
DELHI: Makeshift tents erected by real-estate brokers were a common sight across Noida until a year ago; so were home shoppers hopping between new apartments.
Real estate market wants a stable regime
Apr 29, 2014
DELHI: The real estate sector is in a bad shape in the country. Many builders say this is mainly on account of the uncertainty in the current extended season of general election in the country.
GDA issues notice to 30 real estate firms
Apr 28, 2014
DELHI: Following a TOI report on large-scale violation of UP Apartment Act by developers, Ghaziabad Development Authority (GDA) has issued notices to over 30 realty firms. GDA has asked developers to submit a declaration in which they have to explain details of their projects, including plot size, number of floors and flats to be constructed, land title, facilities to be offered, etc.
Haryana to leave Mangar forest alone
Apr 28, 2014
DELHI: In a move to shield Mangarbani sacred grove from any real estate development in the guise of recreational activities, Haryana government on April 25 committed to demarcate the area as ‘no construction zone’. Moreover, under pressure of huge number of pending land licence applications and after major objections from Delhi government and Ministry of Environment and Forest (MoEF) on green issues, the Haryana government also committed to drop contentious provision of more construction in natu
Single window approval system for realty projects in UP-NCR
Apr 25, 2014
DELHI: Development authorities in UP-NCR have sent a proposal to the state government to provide all approvals to real estate developers under one roof so that not only are projects delivered in time, but it becomes easy for buyers to check their legal status. Currently, multiplicity of authorities in obtaining NOCs has been delaying projects.

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