Latest Realty News

PE-investment-in-realty-rises-16-per-cent-to-Rs-6,010-crore-in-Jun-quarter
Aug 03, 2015
NEW DELHI: Private equity (PE) investment in the real estate sector rose by 16 per cent to Rs 6,010 crore in April-June period as developers raised funds to complete existing projects on account of slow sales, says a report.
Pune-steals-a-march-over-Delhi-in-residential-realty
Jul 29, 2015
PUNE: Sales and new project launches in the country's real estate sector are recording a dip, but analysts observe that Pune continues to see an increase in sales and prices.
Gurgaon-best-bet-for-office,-Noida-loses-out:-Report
Jul 29, 2015
NOIDA: Noida has few takers for office space, despite being more affordable than Gurgaon. This inference can be drawn from a recent study by an international real estate research group. Experts attribute it to a lack of support infrastructure for businesses in this city.
MMR-housing-market-records-worst-half-year-post-global-financial-crisis
Jul 28, 2015
MUMBAI: Housing market in Mumbai Metropolitan Region has recorded worst half-yearly performance since global financial crisis in 2008 with around 2 lakh unsold homes and weakening sales, showed a report released by Knight Frank India for the period ending June.
Bharti-Realty-ties-up-with-Eros-group
Jul 28, 2015
NEW DELHI: Bharti Enterprises' real estate firm Bharti Realty on Monday said it has tied up with Eros Group to develop a housing project at Surajkund.
Fullerton-India-receives-housing-finance-licence-from-NHB
Jul 23, 2015
Mumbai: Non-banking finance company Fullerton India on Thursday announced the receipt of housing finance licence from National Housing Bank.
Government-nod-made-must-for-plot-sale-in-Himachal-Pradesh
Jul 21, 2015
SHIMLA: The Himachal Pradesh government has made seeking prior approval mandatory before registration of a plot's sale deed. In order to ensure the planned and regulated development in all areas, the state government has decided to ensure strict enforcement of the Town and Country Planning Act and its rules
No-hike-in-circle-rates-for-flats-in-noida
Jul 21, 2015
NOIDA: There will be no increase in circle rates for flats in Noida and Greater Noida this year. The UP stamps and registration department on Monday announced fresh circle rates for Noida and Greater Noida, keeping in view the slump in the real estate sector. The new circles rates will come into effect from August 1.
Land-bill-not-to-affect-real-estate-developers:-CREDAI
Jul 17, 2015
COIMBATORE: The proposed Land Acquisition Bill would in no way impact the real estate sector in the country, CREDAI said today.
Credai-aims-at-new-synergy-between-government,-real-estate-players
Jul 17, 2015
COIMBATORE: Credai is aiming to establish a new synergy between real estate developers and government, while rallying its support to push for a single window clearance system, industry body's National President Gitambar Anand said today.
Floor-area-ratio-hiked-around-rapid-transit-systems-in-Delhi
Jul 14, 2015
NEW DELHI: Urban Development Ministry today almost doubled the floor area ratio for constructions around mass rapid transit systems like the Metro, albeit with some riders, to address the issues of traffic congestion and shortage of housing in Delhi.
Master-plan-for-15-cities-on-cards
Jul 13, 2015
PATNA: State urban development and housing department (UDHD) principal secretary Amrit Lal Meena on Saturday said the administrative system and people need to be smart to make a 'smart city' as only pumping resources will not make the city smart.
NCR-flat-buyers-to-launch-fresh-protest
Jul 13, 2015
NOIDA: Ten buyers associations from across NCR have now threatened to launch protests from July 19, stating they feel "used and disregarded by interest groups".
EPFO-plans-housing-scheme-for-members,-says-labour-minister-Bandaru-Dattatreya
Jul 11, 2015
NEW DELHI: Retirement fund body EPFO is considering a scheme for its subscribers so that they are able own a house by retirement, labour minister Bandaru Dattatreya said on Friday.
ICICI-Bank-gets-inquiries-for-its-housing-finance-company,-may-sell-soon
Jul 11, 2015
Country's largest private sector lender ICICI Bank on Friday said it has received enquiries from potential suitors for its housing finance arm, and is expected to soon take a call on it.
Financing-realtors-to-cut-housing-cost-Deepak-Parekh
Jun 27, 2015
MUMBAI:HDFC chairman Deepak Parekh has called for an end to the ban on loans for acquiring property for development. According to Parekh, easing finance to developers would help bring down cost of houses.
Pakistan-stumps-India;-rolls-out-South-Asia’s-1st-REIT-while-we-still-try-to-axe-the-tax-
Jun 26, 2015
MUMBAI: At a time Indian realtors and investors are struggling to roll out real estate investment trusts (REIT) amid regulatory complications and tax uncertainties, Pakistan has gone ahead to launch South Asia's first REIT at a premium of 10% to the offer price, earlier this month.
PM-Modi-launches-Smart-Cities-Mission,-says-government-committed-to-safeguarding-rights-of-consumers
Jun 25, 2015
Prime Minister Narendra Modi on Thursday launched three mega flagship schemes aimed at transforming urban India, including the much talked about Smart Cities proposal, with a whopping Rs 4 lakh crore kitty having been lined up for the projects.
‘Housing-for-All’-scheme-toothless-without-release-of-land:-JLL-India-
Jun 24, 2015
NEW DELHI: Unlocking of land for creating affordable housing, a fast-tracked approval process and financial empowerment of the low-income categories is essential for the success of Prime Minister Narendra Modi's favoured Housing for All scheme.
Narendra-Modi-to-address-municipal-heads-at-launch-of-Pradhan-Mantri-Awas-Yojana
Jun 20, 2015
New Delhi : Prime Minister Narendra Modi will address elected heads of 500 civic bodies from across the country here on June 25, when he will launch the three flagship schemes for urban revamp, including smart cities and housing for all.
Maharashtra-to-appoint-housing-regulatory-body-for-home-buyers
Jun 18, 2015
MUMBAI: The Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President.
Mumbai-continues-to-be-most-expensive-city-in-India:-Survey
Jun 17, 2015
Mumbai, the financial capital of the country, held its position as the most expensive city in India and is ranked above Dallas, Frankfurt and Vancouver, according to a recent survey.
'Housing-for-All’-mission:-New-slum-rehab-policy-to-take-tips-from-Gujarat,-Mumbai-models
Jun 12, 2015
NDA government’s proposed ‘Housing For All’ mission will pave way for private developers to leverage public land in order to redevelop slums in-situ. The proposed policy of using land as a resource will signal a major shift from the UPA government’s state-funded slum rehabilitation scheme Rajiv Awas Yojana.
Venkaiah-Naidu:-Land-bill-amendment-crucial-for-housing-sector-
Jun 12, 2015
The proposed amendment to the Land Acquisition Act is crucial for creating two crore affordable houses in urban areas by 2022 under the government’s new ‘Housing for All’ mission, Union Minister for Housing & Urban Poverty Alleviation M Venkaiah Naidu said.
Chinese-realty-major-looks-to-invest-US-$5-billion-in-India
Jun 11, 2015
China's realty major Dalian Wanda group is looking to invest at least US $5 billion in developing industrial townships in India and is in talks with firms like DLF for partnership.

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