Latest Realty News

Government-will-not-compromise-on-basic-purpose-of-Land-Acquisition-Act:-Venkaiah-Naidu
Jun 07, 2015
Mumbai: The government will not compromise on the basic purpose of the Land Acquisition Act, Union Minister Venkaiah Naidu on Saturday said amid mounting criticism from the Opposition as well as its ally Shiv Sena on the controversial amendments to the Land Bill.
Pension-Fund-Regulatory-and-Development-Authority-allows-pension-funds-to-invest-in-realty-sector-
Jun 07, 2015
NEW DELHI: The pensions regulator has opened the doors of long-term retirement funds to the real estate sector, allowing the pension funds to invest up to 5% of their corpus in regulated real estate investment trusts.
Fresh-tax-on-unsold-flats-to-force-developers-to-release-inventory
Jun 06, 2015
In a bid to arrest hoarding of residential flats by developers and increase supply across the country, the income-tax department has decided to tax realtors on estimated annual rentals. The tax could be anywhere between 15% and 20%. The move is as per the central action plan for 2015-16, under which the I-T department can levy tax on any unsold flat by treating it as 'income from house property' under Section 43-CA of the I-T Act, 1961.
State-Bank-of-India-hired-sleuths-fail-to-track-Vijay-Mallya-properties
Jun 06, 2015
State Bank of India’s (SBI) efforts to track down properties owned by Vijay Mallya through a detective agency yielded no results. Sources said the detectives were unable to trace property registered in Mallya’s name.
Property-prices-in-Mumbai-could-rise-6%-in-2015:-JLL-
Jun 05, 2015
New Delhi: Property prices in Mumbai are expected to see an appreciation of 6% in 2015, according to property advisory firm JLL India.
Property-cards-set-to-become-a-reality-soon-in-Bengaluru
Jun 05, 2015
BENGALURU: Finally, a tender to start the process of implementing a project that claims to guarantee property owners with one common card/certificate authenticating their ownership is ready to be floated.
SBI-to-e-auction-distressed-properties-on-June-12
Jun 05, 2015
Country’s largest lender State Bank of India on Friday said it will be selling its distressed assets through an online auction on June 12.
E-commerce,-start-ups-accelerating-office-space-demand
Jun 05, 2015
The IT and ITeS companies’ capacity expansion plans, the country’s office space market seems to be regaining lost steam. With a major chunk of total absorption of Grade A office space being notched up by the technology sector, in the January-March quarter, commercial realty market is getting ready to make the most of it.
Housing-sales-improving;-full-recovery-in-next-fiscal:-CREDAI-
Jun 04, 2015
NEW DELHI: Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said today.
I-T-to-review-big-property-deals-over-Maharashtra-tax-evasion
Jun 04, 2015
Mumbai: Suspecting massive capital tax evasions in property deals, the income-tax department in Maharashtra has sought the list of all high-value property deals in the state during last four years starting 2011-12.
RICS,-Naredco-to-jointly-promote-international-property-standards
Jun 02, 2015
MUMBAI: The Royal Institution of Chartered Surveyors (RICS) has joined hands with real estate industry body Naredco to promote internationally recognised standards, regulations and professionalism in the Indian realty sector.
Luxury-housing-project-under-Delhi-HC-lens
Jun 01, 2015
NEW DELHI: A proposed high-end luxury residential project on a five-acre land in prime area of south Delhi is under lens of the Delhi high court over the issue of possession rights.
UAE-real-estate-firm-eyeing-Smart-City-projects-in-India
Jun 01, 2015
DUBAI: An Abu Dhabi-based real estate company has formed a strategic partnership with an Indian construction firm to establish 'Smart City' projects in India.
As-home-demand-dips,-realtors-go-flat-out
May 30, 2015
Pune: For the last three months, the exhibition grounds in Pune and Pimpri-Chinchwad have seen back-to-back property exhibitions
‘Achhe-din’-for-builders-of-luxury-towers-in-Mumbai
May 30, 2015
MUMBAI: Chief minister Devendra Fadnavis has ushered in 'achhe din' for several developers building luxury residential tower
Ashiana-Housing-to-invest-Rs-300-crore-in-Sohna-project
May 28, 2015
NEW DELHI: Real estate firm Ashiana Housing will inject Rs 300 crore into a 13 acre residential project in Sohna, Gurgaon
Software-flaw-in-BMC-hits-building-plans
May 28, 2015
MUMBAI: Construction industry to submit building proposals online, but there are glitches in the software
More-realty-funds-look-to-buy-apartments-in-bulk
May 27, 2015
Bengaluru: Private equity (PE) funds are increasingly buying apartments in bulk at steep discounts
Apollo-sets-up-Asia-real-estate-pvt-equity-platform
May 27, 2015
Mumbai: Nipun Sahni, former managing director and head, India, real estate investment group at Bank of America-Merrill Lynch has joined US-based Apollo Global Management as partner and head of real estate, India
Consultant-to-design-Karkardoma-smart-city-to-be-finalised-in-a-few-weeks:-DDA
May 27, 2015
NEW DELHI: DDA is set to finalise the name of the consultancy company in the next few weeks to design a 100-storey smart sub-city complex
Developers,-analysts-look-forward-to-implementation-of-Land-Pooling-Policy-in-Delhi
May 27, 2015
NEW DELHI: Affordable housing in the capital city of Delhi could get a major boost with the centre notifying norms for the land pooling policy
Top-realtors-including-Tata-Housing-eye-the-app-route-to-keep-buyers-informed
May 27, 2015
KOLKATA | MUMBAI: Taking a cue from e-retailers, realtors are fast launching apps for smartphones
Mumbaikars-to-pay-14.52%-additional-property-tax
May 27, 2015
MUMBAI: The BMC had passed the property tax proposal in which Mumbaikars would have to pay 14.52% additional property tax
Adi-Godrej-sees-big-growth-potential-in-realty
May 26, 2015
MUMBAI: Godrej Properties’ entire launch inventory at its Gurgaon project, amounting to 4 lakh sq ft, has been sold within three weeks of the initiation of the project
DLF-told-to-pay-Rs-50-crore-to-private-firm-for-breach-of-agreement
May 26, 2015
BENGALURU: An arbitral tribunal has told DLF to pay Rs 50 crore as compensation to a private firm

Latest Realty News Of State

Realty Talk's