Latest Realty News

Mumbai-attracts-40%-private-equity-investment-in-Indian-real-estate
Nov 19, 2015
Mumbai: The city attracted 40% of the $2.4 billion (around Rs 15,500 crore) private equity (PE) investments in the Indian real estate between January and September 2015.
Air-India-to-Soon-Sell-Four-Flats-in-Mumbai-for-Rs-90-Crore
Nov 19, 2015
New Delhi: Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
Shapoorji-Pallonji-Launches-Residential-Project-in-Bengaluru
Nov 19, 2015
Realty player Shapoorji Pallonji Real Estate today launched a premium residential project in Bengaluru, marking its foray into the IT hub of the country.
Piramal-Realty-launches-Vivaan-in-Thane-for-Dubai-NRIs-
Nov 19, 2015
MUMBAI: Piramal Realty, the real estate arm of Piramal Group, today launched a premium residential project Vivaan in Balkum, Thane, for NRIs in Dubai.
Realty-firm-Prateek-group-raises-Rs-135-crore-from-Indiabulls-Housing-
Nov 19, 2015
NEW DELHI: Real estate developer Prateek group has raised Rs 135 crore from Indiabulls Housing Finance Company for its project Prateek Wisteria in sector-77 of Noida, said two people with knowledge of the matter.
Mahindra-Lifespace-Buys-Land-in-Maharashtra-to-Develop-Housing-Project
Nov 18, 2015
New Delhi: Realty firm Mahindra Lifespace Developers Ltd today said it has bought a land parcel in Maharashtra to develop a housing project.
Residential-Realty-Prices-May-Worsen:-Study
Nov 18, 2015
Mumbai: The bearish sentiment is likely to continue in the residential real estate sector for the next six months and the pricing situation will remain stagnant or may even worsen, while an uptick in office space rentals will give a boost to the commercial realty space, says a survey.
Realty-PE-fund-raising,-investments-witnessing-focus-in-asset-classes,-says-JLL-India-
Nov 18, 2015
MUMBAI: Private equity firms' fund raising and investment in real estate sector is witnessing rising focus in assets classes like residential segment, unlike the earlier modus operandi of raising diversified funds, said property consultant JLL India.
Bengaluru-in-top-20-commercial-real-estate-investment-cities-
Nov 17, 2015
MUMBAI: After emerging as one of the top 20 technology-rich cities globally, Bengaluru has made debut in the list of top 20 commercial real estate investment cities in the world, says a Jone Lang LaSalle report.
Mhada-identifies-fresh-land-parcels-in-MMR-for-affordable-housing-
Nov 16, 2015
MUMBAI: The Maharashtra Housing and Area Development Authority (Mhada) has identified land parcels spread over 1,100 acres across Mumbai Metropolitan Region (MMR) for developing affordable housing projects.
Bengaluru-top-real-estate-investment-destination-in-India:-Report
Nov 13, 2015
BENGALURU: Bengaluru has emerged as the top real estate investment destinations in India, beating New Delhi and Mumbai, helped by strong demand for office spaces, according to a report.
Vodafone-announces-Rs-13,000-crore-investment-plan-in-India
Nov 13, 2015
NEW DELHI: Vodafone on Thursday committed investments of Rs 13,000 crore (£1.3 billion) in India for capacity augmentation and new business initiatives.
New-FDI-norms-to-boost-affordable-housing-segment
Nov 12, 2015
NEW DELHI: Real estate industry today hailed the government's decision to relax FDI norms for construction sector saying the move would boost foreign investment into the housing sector, particularly affordable segment.
FDI-in-real-estate-becomes-more-transparent-and-flexible
Nov 11, 2015
MUMBAI: The centre has streamlined FDI in real estate, made it more transparent and offered greater flexibility to foreign investors to invest in India's property market, as part of a move to open up the economy even further.
Punjabi-folk-duo-Hari-and-Sukhmani-perform-at-Diwali-celebrations-hosted-by-real-estate-group-in-Gur...
Nov 11, 2015
It was an environment-friendly Diwali celebration for the residents of Central Park I, II and III, when the real estate group, one of the prominent builders based in Gurgaon, hosted a resort-style party with a casino nights theme.
Essel-Group-to-build-2-lakh-affordable-homes-by-2022-
Nov 10, 2015
NEW DELHI: Diversified business group Essel today announced its foray into the affordable housing segment with plans to develop 10,000 homes next year entailing an investment of Rs 800 crore.
Sobha-Group-to-set-up-residential-projects-in-London-
Nov 07, 2015
MUMBAI: Sobha Europe is looking to build residential projects in central London and has identified six redevelopment projects in the city for this, Raj Chinai, MD, Sobha Group told ET.
Real-estate-developers-eye-tax-relief-on-deemed-rental-income-
Nov 07, 2015
NEW DELHI: The developers' concerns over the tax provision wherein they are required to pay tax on deemed rental income on unsold apartments may be addressed in the coming Budget.
Property-dealers-looking-to-invest-in-office-segment
Nov 06, 2015
MUMBAI | BENGALURU: With commercial real estate showing signs of recovery, property developers that had stopped investing additionally in this segment are now looking to invest in office projects. The rising interest is this space has been generated by better demand outlook and constrained supply of grade A office spaces as most developers did not launch any major office projects since 2009, given the weak uptake until recently.
China-interested-in-developing-Bengal's-infrastructure:-Mamata-Banerjee
Nov 06, 2015
KOLKATA: The Chinese government has expressed keen interest in enhancing economic activity with West Bengal as the state is both economically and geographically close to China, West Bengal chief minister Mamata Banerjee said today.
China-developers-do-a-realty-check,-keen-to-float-JVs-for-realty-sector
Nov 05, 2015
MUMBAI: After global private equity and sovereign funds, now Chinese developers are eyeing investment opportunities in India's property sector.
Supreme-Court-allows-DLF-units-to-sell-shares,-rejects-Sebi-plea-for-restraint-order-
Nov 04, 2015
NEW DELHI: The Supreme Court today allowed three DLF subsidiaries to sell shares worth Rs 12,000 crore to reduce debt, declining the regulator's plea to prevent the real estate group's move. The DLF stock was up 3.9 per cent at 11:24 am on the Bombay Stock Exchange.
Innovative-discounts-won't-revive-Mumbai-real-estate:JM-Financial
Nov 04, 2015
Mumbai: Innovative discounts will not be of much help in boosting house sales in Mumbai because prices are way beyond the reach of most buyers, feels brokerage house JM Financial.
Child-born-out-of-rape-has-inheritance-rights-on-assaulter's-property:-Allahabad-HC
Nov 04, 2015
Lucknow: In a major judgement, Allahabad High Court has ruled that a child born out of rape has inheritance rights over the property of the assaulter, the "biological father"
Lucknow-Municipal-Corporation-lays-out-real-estate-venture-plan
Nov 03, 2015
LUCKNOW: The Lucknow Municipal Corporation (LMC) would realize its long-held dream of venturing into real estate post Diwali. The corporation has finalised tenders for building a huge commercial complex in Kamta, near the new high court building, and three residential projects - one behind Omaxe City on Rae Bareli Road and two others in Para. All these ventures are set to begin this month.

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