Latest Realty News

Tata-Housing-Sells-250-Flats-Worth-Rs-100-Crore-in-Goa:-Report
Oct 28, 2015
New Delhi: Realty firm Tata Housing has sold 250 flats, worth over Rs 100 crore, from its housing project at Goa.
Land-sales-dip-after-real-estate-slump
Oct 27, 2015
PUNE: On a humid weekday afternoon last month, Sunil Thube wiped his brow, sipped his tea, and glanced every few seconds at his iPhone ringing impatiently. He answered a couple of calls and gave updates on land deals he was working on.
HDIL-to-launch-'Planet-HDIL'-affordable-housing-project
Oct 27, 2015
Mumbai: Housing Development and Infrastructure Ltd (HDIL), a leading Mumbai-based real estate developer is all set to launch two mega projects in Virar (East) and Ghatkopar (East). The company will launch the first phase of its affordable housing project 'Planet HDIL' – mega smart city in Virar (East), this Diwali and another two luxurious projects in Ghatkopar (East), by end of 2015.
States-Asked-to-Evolve-Affordable-Housing-Policies-for-Low-Income-Groups
Oct 26, 2015
New Delhi: The Centre would hold discussions with the state governments about measures being taken to promote affordable housing projects for the Economically Weaker Sections (EWS) and Low Income Groups (LIG).
Odisha-Developers-Welcome-New-Housing-Policy
Oct 26, 2015
Bhubaneswar: Real estate developers in the state are pinning hopes on the state’s new housing policy combined with the recent Reserve Bank of India(RBI) decision to increase loan to value(LTV) ratio to revive the sluggish housing market in the festival season.
Credai-plans-business-to-business-meet-with-real-estate-brokers
Oct 26, 2015
NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) has decided to conduct business to business (B2B) meetings with real estate brokers in Nashik and Mumbai in a bid to boost real estate sector in Nashik, which has been passing through a phase of recession.
Haryana-policy-gives-big-housing-a-push
Oct 24, 2015
CHANDIGARH: The Haryana government has reduced the minimum land requirement to build townships from 100 acres to 25 in its new integrated licencing policy (NILP), which it unveiled on Friday.
6th-edition-of-Credai-Nagpur-Property-Expo-concludes
Oct 23, 2015
The Nagpur chapter of Confederation of Real Estate Developers Association of India [CREDAI] has organized the sixth edition of its four-day long property expo where over 4000 home aspirants thronged the expo at Rani Kothi, Civil Lines.
Office-Space-Absorption-Rises-to-10.6-Million-Square-Feet-in-September-Quarter
Oct 21, 2015
Mumbai: Office space absorption during the July-September period increased marginally to 10.6 million sq ft compared to the previous quarter, with Gurgaon witnessing the highest leasing activity, says a survey.
Tata-Housing-close-to-raising-Rs-3,200-crore-for-luxury-housing-across-top-5-cities
Oct 21, 2015
MUMBAI: Tata Housing is in advanced-level talks with a few institutional investors to raise Rs 3,200 crore for its upcoming premium and luxury residential projects across top five cities.
Two-awards-for-Sobha-at-Realty-Plus-Conclave-&-Excellence-Awards-2015
Oct 20, 2015
Bengaluru: Sobha Limited, India’s premium real estate developer, has won two prestigious awards at the recently-held Realty Plus Conclave & Excellence Awards 2015 for the South region.
Trial-court-orders-builders-must-pay-customers-for-damages,-delays
Oct 19, 2015
NEW DELHI: In a significant order, a trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.
Credai-Bhopal-fourth-edition-of-the-property-expo-witnessed-over-10,000-footfalls
Oct 15, 2015
CREDAI Bhopal organised a four-day long property expo "CREDAI GRIHA PRABESHAM - 2015" from 9th October to 12th October here at Vitthal Market Dussehara Maidan.
Redevelopment-on-leased-plots-in-Mumbai-gets-easier-as-BMC-simplifies-approval-process
Oct 02, 2015
MUMBAI: Redevelopment projects on Brihanmumbai Municipal Corporation's ( BMC) leasehold plots is set to become easier, as Mumbai's civic body has simplified the approval process, and more importantly, has also set a time frame for granting permission for such projects.
Chennai-developer-provides-early-exit-to-real-estate-fund
Sep 25, 2015
CHENNAI: Even as many developers struggle to sell their stocks and complete projects in time, Casa Grande Pvt. Ltd., a Chennai- based developer, has provided exit to Avenue Venture Real Estate Fund from one of their projects off the IT Highway within 18 months of the fund's investment.
Rajarhat-comes-closer-to-middle-class,-50%-price-slump-in-fortnight
Sep 25, 2015
KOLKATA: Have properties in Rajarhat-Newtown suddenly become more affordable? With properties at Rs 2,600-3,500 per square feet being advertised with unfailingly regularity over the past two weeks, a decent 1,200-square feet three-bedroom apartment in a Rajarhat multi-housing complex suddenly appears more within reach at Rs 35 lakh, compared to the Rs 60-70 lakh months ago.
In-biggest-fine-ever,-Sebi-asks-realty-major-to-pay-Rs-7,269-crore
Sep 23, 2015
MUMBAI: Market regulator Sebi on Tuesday imposed a fine of Rs 7,269 crore on Jaipur-based real estate major PACL, and four directors of the company for illegally mobilising funds through collective investment schemes between September 2013 and June 2014. This is the biggest ever fine by Sebi.
States-agree-to-comply-with-environmental-guidelines-for-urban-buildings
Sep 23, 2015
NEW DELHI: State governments have broadly agreed to comply with the proposed environmental guidelines for construction projects in urban areas.
Uncertainty-looms-over-appointment-of-regulatory-body-for-Mumbai-home-buyers
Sep 23, 2015
MUMBAI: The Maharashtra Government appears to be in a dilemma over appointment of a regulatory body to safeguard interests of home buyers in the city despite the fact that the process of framing rules for the Housing Regulatory Bill has been completed.
New-policy-to-rope-in-Maharashtra's-private-builders-for-affordable-housing-
Sep 19, 2015
MUMBAI: The state government will soon come up with a new policy that will make it mandatory for private builders to transfer a certain housing stock to Maharashtra Housing and Area Development Authority (MHADA).
CREDAI-threatens-to-suspend-works
Sep 19, 2015
The Confederation of Real Estate Developers Association of India (CREDAI) has threatened to stop all ongoing construction works from September 21 if the government failed to supply quality sand at affordable prices.
States-queue-up-for-PM-Narendra-Modi's-Housing-For-All
Sep 18, 2015
NEW DELHI: Within three months of launch of Housing For All scheme, a key poll promise of PM Narendra Modi, states are queuing up to tap into the funds for slum redevelopment.
Andhra-Pradesh-government-cancels-agreement-with-Unitech,-forfeits-Rs-255-crore
Sep 16, 2015
HYDERABAD: Andhra Pradesh has cancelled an agreement with Unitech Ltd for Integrated Vizag Knowledge City project in Visakhapatnam and forfeited Rs 255 crore, the firm paid for the land, for failing to meet targets.
Kochi-top-real-estate-destination-among-19-Tier-II-cities-in-India
Sep 16, 2015
Kochi has topped the list of best real estate destinations among 19 Tier-II cities in India on the back of robust housing demand and better project execution, according to a report.
Government-to-put-in-place-single-window-clearance-for-building-permissions-by-early-next-year
Sep 16, 2015
NEW DELHI: The central government is working on putting in place a single window time-bound clearance system for layout approvals and building permissions by the beginning of next year, housing and urban development minister M Venkaiah Naidu said.

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