Latest Realty News

Property-market-in-Bengaluru-hit-by-slow-job-creation-
Dec 28, 2015
BENGALURU: Bengaluru, the most resilient property market in the country is seeing cooling off too with deserted marketing offices and desperate salesmen. The property sales in the city have fallen by as much as 30% in the last three quarter due to slow job creation and low salary hikes by IT companies. "The market is really bad, even festive season did not bring in buyers back to the market despite offers. Our sales fell by around 40% during the year," said a senior official from a listed proper
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.
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.
Fullerton-India-to-float-housing-finance-company
Sep 15, 2015
Leading non-banking financial company (NBFC) Fullerton India Credit Company Ltd, a fully owned subsidiary of Singapore-based Fullerton Financial Holdings, has decided to float a housing finance company by November this year.
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.
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.
After-solar-panels,-CCTVs-must-in-new-housing-projects
Jun 10, 2015
Thane: While rainwater harvesting and solar panels is a must in all new housing projects in Thane, guardian minister Eknath Shinde has suggested to make CCTVs too compulsory to keep an eye on untoward activities and curb crime.
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.
Realty-investors-and-lenders-seek-higher-collaterals-from-builders-to-safeguard-deals
May 16, 2015
NEW DELHI: Once bitten twice shy seems to be the mantra for real estate investors these days
Nagpur-civic-body-may-allow-water-supply-without-occupancy-certificate
May 09, 2015
Nagpur: Proposal for relaxing Occupancy Certificate norms which is mandatory for giving water connection to buildings
BJP-Land-Bill-More-State-friendly:-Panneerselvam
Mar 31, 2015
CHENNAI: Chief Minister O Panneerselvam justified the AIADMK’s support to the Land Acquisition Amendment Bill introduced by the BJP government
Builder's-arrest-leaves-buyers-in-lurch
Mar 28, 2015
VISAKHAPATNAM: Builder arrested for forging the Greater Visakhapatnam Municipal Corporation's occupancy certificate for his new apartment scheme - MM Paradise
Invest in real estate now, residential rates may rise in latter part of 2015
Dec 29, 2014
Most real estate markets in India, with the exception of Bangalore, remained stagnant in 2014
No clear way forward on Centre's Smart City projects: Pannerselvam
Dec 27, 2014
Chennai: chief minister O Pannerselvam today said at least 10 cities in Tamil Nadu were fully eligible to be declared as smart cities
Only 97 city high-rises have occupancy certificates
Dec 17, 2014
BELAGAVI: IT City may be dotted with hundreds of high-rises, but only 97, including residential apartments, are legally deemed fit to occupy
Unrealistic government rules halt realty sales in SoBo
Dec 15, 2014
Navi Mumbai: Some strange norms in the state government's leasehold land policy have virtually halted the sale of flats in many part of south Mumbai
Govt may need gram sabha nod for acquiring property
Nov 26, 2014
BENGALURU: People in rural areas will soon have a major say in the government acquiring their land or property for projects, if a proposed amendment to the Karnataka Panchayat Raj Act becomes a reality
Blackstone to buy GE's real estate in Japan for $1.6 bn
Nov 22, 2014
Tokyo: US private equity firm Blackstone said it would buy the residential real estate arm of General Electric's property unit in Japan for more than 190 billion yen (USD 1.6 billion)
Vikram Pandit, JM Financial to invest Rs900 crore in real estate NBFC
Nov 20, 2014
Bengaluru/Mumbai: Vikram Pandit, former chief executive officer of Citigroup Inc., and Mumbai-based JM Financial Ltd are investing Rs.900 crore in the latter’s real estate-focused non-banking financial company (NBFC)
Govt makes a killing, but builders face cash crunch
Nov 18, 2014
Bengaluru: The steep hike of 15-25% in the guidance value of residential properties in Bengaluru, which kicked in last week, impacts all stakeholders
Home sales plummet 25% in September quarter: Liases Foras
Nov 06, 2014
NEW DELHI: Home sales across top six cities in the country saw a quarter-on-quarter drop of 25% in the September quarter
NHB's decision positive for home finance sector: DHFL President
Oct 21, 2014
COIMBATORE: The decision of National Housing Bank (NHB) to permit home loan borrowers to bring in just 10 per cent as upfront payment for availing loan above ?20 lakh is expected to give a boost to big ticket loans
Diwali gift from NHB for home loan borrowers
Oct 19, 2014
NEW DELHI: Call this a diwali gift from National Housing Bank, the housing finance regulator, to all future home loan borrowers
Govt Keen to Develop Smart Cities, Says Sorake
Sep 11, 2014
The State government on Wednesday held a preliminary meeting with representatives of various IT companies to develop ‘Smart Cities’
Don't rush to switch banks for lower home loan rate, advise experts
Sep 10, 2014
Despite some large banks and housing finance companies reducing home loan rates a few days ago, industry-observers and planners are advising borrowers to adopt a wait-and-watch approach instead of hurriedly switching lenders.

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