Latest Realty News

Realty Prices to Spike With Issue of 11B Khatas
Feb 24, 2014
BANGALORE: Property prices in urban and semi-urban areas across the state are set to spike with the government allowing registration of sites purchased in irregular layouts within gram panchayat limits.
Growth poles on the realty map
Feb 22, 2014
BANGALORE: The latest Residex, the residential property price index released by the National Housing Bank (NHB) shows that while home prices are in general witnessing an upward movement, the prices in several Tier-II and III cities during the October-December quarter have seen an increase of the same levels as metropolitan markets or even greater.
Credai Hyderabad property show to exhibit over 100 projects
Feb 14, 2014
HYDERABAD: Property prices in Hyderabad have remained subdued for far too long and there is a potential for upside once the Telangana statehood issue settles down, according to Credai, the real estate apex body.
Boom in Mumbai realty rates unsustainable: Study F
Jan 16, 2014
MUMBAI: An international research firm has stated that the city's property prices, which have increased nearly fourfold in the last decade, are unsustainable.
Lodha Group set to launch 2nd phase of mega city project in Mumbai
Jan 10, 2014
MUMBAI: Leading estate developer Lodha Group today said it will launch the second phase of its mega city project 'Palava' on Saturday.
Real estate sector: Growth starting, but no bull-run yet
Jan 07, 2014
MUMBAI: The year 2013 was a year of survival for the real estate sector, but expectations are now high among developers and analysts. The industry is pinning hopes on a mid-year turnaround after the General Elections, it is not likely to materialise given the time lag for policy implementation.
Proximity to Eastern Freeway an advantage
Dec 31, 2013
MUMBAI: With the development potential of Mumbai's western suburbs almost fully exploited, we are witnessing increased momentum in new developments in the eastern suburbs where land parcels are still available and prices more affordable. As a result, the 16.8-kilometre Eastern Freeway that connects P D Mello Road in South Mumbai to the Eastern Express Highway at Ghatkopar has sprung into sharp focus with developers.
Renting real estate can be a worthwhile option
Dec 30, 2013
MUMBAI: Possibly the biggest buying decision of your lifetime - purchasing your own house - has become a lot more difficult than before, with prices rising in the big cities of Mumbai and Delhi and several other parts. In certain prime locations, the affordability index has gone through the roof, posing big questions before property aspirants: To buy or to rent? Will property price correct in 2014?
Investments in India's realty sector decline 6% YoY: Assocham
Dec 28, 2013
DELHI: Outstanding investments in the country's real estate sector were six per cent lower at Rs 14.51 lakh crore in September 2013 as against the same month previous year, according to a study by industry body Assocham.
Chennai retail rentals flat in Q3
Dec 14, 2013
CHENNAI: Rental costs for retail spaces in shopping centres in Chennai have remained flat over the past year, averaging Rs 43,808 ($717) per square metre per annum in the third quarter of 2013. In contrast, property prices in nearby Bangalore appreciated 0.1 per cent year-on-year to Rs 57,800 ($946) per square metre per annum in the July-September period of the calendar year, according to real estate consultancy firm Jones Lang LaSalle’s latest ‘The Retail Index’ report.
Realty market muted on lack of new projects, weak sentiment: Survey
Dec 12, 2013
MUMBAI: Property prices in Mumbai and Delhi NCR, among India's top realty markets, marginally rose in the third quarter of 2013 mainly due to lack of new launches and cautious sentiment in the sector, a survey said.
With slowing economy & inflation, house prices to rise at slower pace in 2014
Dec 10, 2013
BANGALORE: After years of double-digit growth, house price rises in major Indian cities are expected to slow to just under 8 per cent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
When and how to buy your dream home
Dec 09, 2013
MUMBAI: Buyers are faced with several dilemmas when they purchase a house. Here are the answers to some of the key doubts:Real estate, though a mainstream investment and probably a part of every financial portfolio, is also unique. It is the single largest financial commitment that most people make in their lifetimes. Buying a property also involves a lot of subjectivity and is not just a factor of the property's price or the interest rate on the home loan. Here are some questions you are likely
Prices of residential property in Mumbai drop nearly 10% over the past three quarters
Nov 27, 2013
MUMBAI: The residential property market in Mumbai is turning in favour of buyers with inventory levels rising and prices weakening. Residential property prices in some south and central Mumbai locations such as Parel, Lower Parel and Mahalaxmi have declined nearly 10% over the previous three quarters with the increase in the number of unsold homes and prospective buyers reluctant to exceed budgets amid a slump, said property consultancy Knight Frank India.
DDA's land-pooling policy: Will it dampen property prices in NCR?
Nov 13, 2013
DELHI: Can runaway property prices in Gurgaon and Noida be reined in? That could happen with about 40,000 acres of land expected to come into the market because of Delhi's new land-pooling policy. This could mean some 1.5 million apartments will be launched over the next three-four years in the city, possibly having an impact on the appreciation in the value of property in the wider National Capital Region, which includes Gurgaon and Noida.
Checklist to buy a property: Santhosh Kumar, CEO-Operations, Jones Lang LaSalle India
Nov 12, 2013
DELHI: The current slowdown in the Indian economy has impacted several sectors, including real estate. Apartment sales volumes have plummeted and inventories have piled up, creating an ideal environment for buyers to negotiate with developers.
In key markets, realty prices may fall 10-15% in months
Nov 05, 2013
DELHI: In what could soon bring some cheer to home buyers, property prices are expected to fall 10-15 per cent in select markets over the next few months, as developers are trying to cut down on inventory and push sales.
Housing demand picks up in NCR; sales up 18% in January- June
Oct 25, 2013
DELHI: Housing sales have risen by 18 per cent in the Delhi-NCR region during the first half of this year at 35,000 units, showing signs of improvement in the property market that has been facing slowdown in demand.
Simplify financial life: Calculate your home loan installments using MS Excel
Oct 24, 2013
DELHI: For many people, owning a house is one of the most significant financial goals. With property prices rising faster than our savings or incomes, a home loan is the best way to fulfill that need.
Realty bites: Despite weak rupee, NRIs not keen to buy property in India
Oct 24, 2013
BANGALORE/MUMBAI: The weakness in the rupee hasn’t led to the usual surge of non-resident Indians buying property in the country, with many of them drawn to real estate markets in the US, UK, Singapore and Dubai where prices and borrowing costs are relatively subdued and returns are seen as being higher.
Kalpataru Group, Oberoi Realty, Runwal Group and Lodha Group in final lap for Clariant's plot
Oct 22, 2013
MUMBAI: Speciality chemicals maker Clariant Chemicals has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane, three people familiar with the development said.
Will you have to pay VAT on your flat? SC ruling to push up property prices
Oct 14, 2013
BANGALORE: According to a recent verdict by the Supreme Court, the sale of a property that is under construction would be liable to value-added tax (VAT).
No buyers for Lutyens’ Bungalows for fear of getting spotted by politicians looking for funds
Oct 09, 2013
DELHI : Available now: A dozen or so bungalows in the heart of Delhi. Nice, quiet neighbourhood. Lots of trees. Generous parking space. Few high-rises in close proximity. Suggested price of 150 crore and above said to be a bargain.
Before buying a property, read the sales agreement carefully
Oct 07, 2013
DELHI: It can take months, even years, to find a dream home. After extensive bargaining, when you manage to seal the deal, remember to go through the sale deed in detail before signing on the dotted line.
Prices of residential real estate may rise 20-25%: Parsvnath Developers
Sep 18, 2013
DELHI: Real estate major Parsvnath feels there are clear indications that residential property prices may rise by nearly 25 per cent in the coming quarters. Pradeep Jain, Chairman, Parsvnath Developers, attributes this to raw material costs, macro-economic conditions, funding issues and the recently passed Land Acquisition Bill. In an interview with Business Line, Jain says the company will focus on executive and fast-track deliveries. Parsvnath is currently working on 49 projects with a total a

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