Latest Realty News

Luxury homes in Pune beat affordable ones in demand
Sep 04, 2014
The city's high-end residential segment has shown a smart 39% rise in capital value in the 2011-14 period — the highest any market has shown in the country, a report by real estate advisory company Cushman & Wakefield has said
Chief Ministers' Conclave on Housing on Sep 12
Sep 04, 2014
A special comclave of chief ministers is to be held in the national capital Sep 12 to push the agenda of housing for all by 2022, said the National Real Estate Developers' Council (NAREDCO) here
Admin orders kiosks in DLF phases removed
Sep 03, 2014
Deputy commissioner Shekhar Vidyarthi on Tuesday asked DLF to clear all unauthorized kiosks in the green belt in phases I to IV, barring those of dhobis
Two more Greater Noida villages under the scanner in land scam
Sep 02, 2014
Weeks after the land consolidation fraud — amounting to more than Rs 350 crore — was revealed in Jaganpur and Afzalpur villages in Greater Noida, two more villages are under the vigilance scanner
Delhi civic bodies play safe on illegal shrines
Sep 01, 2014
Last week, the Supreme Court expressed anger over tardy implementation of its January 2013 order on demolition of illegal religious structures and statues on encroached government land
Land worth Rs 50 crore freed from encroachment along Noida-Greater Noida Expressway
Sep 01, 2014
Noida Authority on Sunday removed encroachment along Noida-GreaterNoida Expressway
Religious structures built on public land may be shifted
Sep 01, 2014
Surat Municipal Corporation (SMC) has identified 450 religious structures that exist on public land in the city, and of these only 60 have some history. The rest have been built in the past two decades and would be treated as encroachments
Uncertainty Over Capital Issue Sparks Land Rows
Sep 01, 2014
While the debate on the pros and cons of locating the capital city between Vijayawada and Guntur cities intensifies, the entry of unscrupulous elements into the scene has become a major cause for concern for the persons who have purchased the plots and land in this area.
DLF ordered to pay Rs 4.5 lakh to buyer
Aug 30, 2014
Real estate firm DLF has been ordered to pay over Rs 4.5 lakh to a woman after being found guilty of wrongly taking around Rs 1.5 lakh from her on the basis of forged papers by a consumer forum here which said it was a clear case of "extortion" and "cheating"
Stop construction in IAF zone or will send forces, warns HC
Aug 30, 2014
The Punjab and Haryana high court on Thursday made it clear that if the Haryana police and local authorities failed to stop construction activities in prohibited zones around the Indian Air Force stations in Gurgaon and Faridabad, it would order the deployment of paramilitary forces to check the encroachments
Boost for builders in new land rule
Aug 30, 2014
In a decision that will help real estate developers use agricultural land, the Uttar Pradesh government on Friday cleared a decision to allow urban land fragmentation in the state. With this, real estate developers will now be allowed to convert pockets of agricultural land for residential or industrial use
Villagers demolish boundary wall on govt land
Aug 28, 2014
Tension prevailed at Malipada village in Khurda on Wednesday as irate villagers demolished a boundary wall on a government land, which was sold to a Delhi-based charitable organization in 200
Tired of infrastructure woes, Mayfield residents march to DC's office
Aug 28, 2014
Residents of Mayfield Garden on Wednesday held a protest march from Rajiv Chowk to deputy commissioner Shekhar Vidyarthi's office in old city, for being denied power connection due to the apathy of the developer as well as power discom and local authorities
Home sales expected to rise 26 per cent in second half of 2014: Knight Frank
Aug 27, 2014
After a lacklustre first half, home sales across the top six cities in the country are expected to rise 26 per cent in the second half of 2014 compared to a year ago, according to a research report by property advisory firm Knight Frank
Pune high-end residential records highest capital value appreciation
Aug 26, 2014
It seems property in Pune have a better rate of capital value appreciation than other metro cities. According to a report Pune recorded the highest average appreciation in the high-end properties in the last three years (H1 2011 – H1 2014) and second highest appreciation rate in the mid-segment properties.
Govt eyes hi-tech township land for affordable housing
Aug 26, 2014
Builders who had proposed hi-tech residential projects in Uttar Pradesh but have not yet began construction will find themselves in the crosshairs of the state government. The housing department has decided to critically review such projects, including those in NCR, and convert them into affordable housing townships if a builder has not made any progress so far
Land Grabbing: Cong Continues Anti-BJD Tirade, Claims CM Scalp
Aug 23, 2014
Land scam continued to haunt the BJD Government in the State with the Congress demanding resignation of Chief Minister Naveen Patnaik for his inaction over the issue
Bangalore tops in home price rise
Aug 21, 2014
For long, Mumbai and Delhi-NCR have always given property buyers the best capital value appreciation. After the downturn years, however, it's the IT-led cities of Bangalore and Pune that have surged ahead in capital appreciation in residential properties
Faridabad master plan stayed by HC
Aug 21, 2014
In a jolt to Haryana government and major realtors of the NCR, the Punjab and Haryana high court on Wednesday stayed the Faridabad master plan 2031 that was recently notified by the state
It's realty firm vs villagers in Mangar encroachment case
Aug 20, 2014
A civil court will on Wednesday hear a petition filed by a real estate company against villagers for allegedly encroaching upon its land, which falls under Mangar Bani, a sacred grove spread in an area of 350 acres in Faridabad, next to the Gurgaon border
Real estate developers offer discounts to push sales
Aug 20, 2014
Property discounts will get real this festival season, after a gap of about two years
Builders expect home sales to pick up, line up schemes to woo customers
Aug 19, 2014
For a few years now, the usually peak festival season hasn't been a time of joy for the housing business, but this year builders are hopeful of a revival after the Narendra Modi-led BJP swept to power in Delhi and business sentiment improved
Gujarat retail experience: Over 30 percent of malls in Ahmedabad lie vacant
Aug 19, 2014
A city that was once hailed as the country's prime shopping destination which introduced the concepts of modern retailing - like heterogeneous product mix, air-conditioned ambiance and attractive price points - is now struggling to fill up the empty space in it's malls
Land grab on rise in Andhra Pradesh
Aug 16, 2014
Spurt in land value, particularly after the state government's plans to locate the temporary capital between Vijayawada and Guntur, has given rise to increasing cases of land grabbing and disputes with regard to registrations and agreements
Maharathy lands in quota quagmire
Aug 16, 2014
Agriculture minister Pradeep Maharathy has joined the list of those, who allegedly grabbed government plots/quarters by misusing discretionary quota (DQ)

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