Latest Realty News

2015-to-see-absorption-of-31-million-sq-ft-of-office-space-in-top-Indian-cities:-Assocham-JLL-study-
Nov 27, 2015
NEW DELHI: With the sentiment among corporates across the country improving, net absorption of office space in India expected to be about 31 million sq ft by the end of 2015, according to a joint study by industry body Assocham and property advisory firm JLL.
Lodha-Group-sells-super-luxury-duplex-apartment-in-Mumbai-for-Rs-160-crore
Nov 26, 2015
MUMBAI: In a record-setting transaction, realty developer Lodha Group has sold a super-luxury duplex apartment in South Mumbai's tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore, said two persons familiar with the development.
SBI-Life-Insurance-Company-buys-Rs-140-crore-office-space-in-Navi-Mumbai-
Nov 25, 2015
MUMBAI:In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1 lakh sq ft office space from L&T Realty at its mixed-use project L&T Seawoods Grand Central for Rs 140 crore, said three persons familiar with the matter.
ASK-invests-Rs-125-cr-more-in-ATS-group’s-project,-takes-total-investment-to-Rs-252--cr-
Nov 25, 2015
NEW DELHI: Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group's 20-acre Le-Grandiose project in Sector 150, Noida, taking its total investment in the project to Rs 252 crore.
Siddha-Group-to-introduce-longest-jogging-track-
Nov 24, 2015
KOLKATA: Alongside introducing one of the first few skywalks to Kolkata's skyline, Siddha Group is claiming to throw in world's longest jogging track to thir Galaxia's Terrace Skywalk project in Rajarhat. The Rs 200 crore project that is being developed in four phases is launching their second phase that would have close to 500 apartments.
MCHI-CREDAI-members-apprise-Prakash-Javadekar-of-issues-faced-by-builders-
Nov 24, 2015
MUMBAI: Members of realty developers' body MCHI-CREDAI met State Minister for Environment, Prakash Javadekar on Sunday to discuss issues related to Environment Ministry faced by builders, particularly delays in environmental clearances for real estate projects.
Tata-Housing,-Neptune-ink-pact-for-residential-project-
Nov 23, 2015
MUMBAI: Tata Housing Development Company has entered into an agreement with Mumbai-based real estate developer Neptune Group to jointly develop a 10-acre residential project in Bhandup, an eastern suburb of Mumbai, according to two persons familiar with the matter.
Fitch-expects-residential-property-prices-to-remain-resilient-in-2016-
Nov 23, 2015
MUMBAI: Fitch Ratings has said that it expected residential property prices to remain stable as builders are option to offer easy payment solutions rather than lowering prices. This was indicated by Fitch Ratings on Monday in a report on the 'Outlook 2016: Indian Homebuilders.
Government-wants-passage-of-'amended'-real-estate-bill-this-session-
Nov 22, 2015
NEW DELHI: The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
Depressed-real-estate-market-proving-to-be-a-boon-for-organised-developers;-big-launches-lined-up-
Nov 21, 2015
NEW DELHI: The depressed real estate market is proving to be a boon for organised developers, which have continued to grow and gain market share although the broader market has been shrinking, said a Kotak Institutional Equities report.
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.

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