Latest Realty News

Bangalore tops in home price rise
Aug 21, 2014
For long, Mumbai and Delhi-NCR have always given property buyers the best capital value appreciation. After the downturn years, however, it's the IT-led cities of Bangalore and Pune that have surged ahead in capital appreciation in residential properties
Realty sector awaits booster dose
May 21, 2014
DELHI: Buyers—end users and investors—must make up their minds soon and enter the market, as prices are expected to appreciate once a new government is sworn in. A new, stable government will have a positive influence on the economic growth story, which has been sluggish in the past few months. With revival of the economy, the demand for real estate is expected to improve drastically, which would further lift the prices in the sector. Naturally, with the talk of a new government, all the stakeho
How banks determine home-loan eligibility
May 16, 2014
DELHI: Buying a home is an important personal finance decision. This not only compels us to use our savings for paying down payment for homeloan, it also makes changes to our lifestyle to accommodate the new EMI payment for the home loan.
The real cost of freebies
Apr 07, 2014
DELHI: Indians always await an auspicious time to conduct financial transactions, especially the purchase of assets including real estate — so, what time would be more opportune than festival seasons like Navaratra in March-April and in October-November, which extends up to Diwali and further on to Christmas.
Work speeds up on Dwarka Expressway
Apr 03, 2014
DELHI: Dwarka Expressway has emerged as one of the most sought-after real estate destinations in the National Capital Region (NCR).
Interest on home loan from employer may get tax sop
Apr 02, 2014
DELHI: The finance ministry has proposed to allow tax deduction against intrest on loans taken from employer for self-occupied property in addition to home loans from banks, a concession that was not offered in the DTC Bill introduced in Parliament.
Raj Nagar Extension: mix of real estate projects
Apr 01, 2014
DELHI: With easy availability of affordable houses, Raj Nagar Extension (RNE) is a one-stop destination for a wide band of middle-class end users. Buyers have several purchase options here like construction-linked plan, ready-to move plan, among others.
Developers pushed for tourism in Aravalis
Mar 14, 2014
DELHI: The minutes of an NCR Planning Board committee meeting to consider changes in the regional plan reveal how hard Haryana pushed for opening up the state’s fragile conservation zones, such as the Aravalis, for tourism.
NH8 – A viable investment corridor
Mar 13, 2014
DELHI: National Highway 8 has been playing a crucial role in catering to the people coming from all corners of the country by facilitating the growth of commercial and residential investments along this stretch. Realty projects under construction along NH-8 cover a stretch of 15km through Haryana and present multiple options for investors in search of early-bird investment opportunities.
Prime real estate hubs in Delhi-NCR
Mar 12, 2014
DELHI: The attractiveness of real estate in recent years as an asset class has been further augmented owing to increasing demand for more and better-quality housing, additional office space requirement owing to expansion and consolidation by several corporates, and the advent of modern retail formats.
Delhi Wakf Board to get 123 properties
Mar 04, 2014
DELHI: Delhi Wakf Board will soon get 123 properties including many in prime localities such as Janpath, Babar Road, Mathura Road, Pandara Road, Ashoka Road and Parliament Street following a decision by the Union cabinet. The properties include mosques, dargahs and graveyards.
Fliers to fill up new immigration form from tomorrow
Mar 01, 2014
DELHI: Passengers flying into India will have to fill up a new immigration form from tomorrow to declare Indian currency exceeding Rs 10,000 being brought by them, among others.
Neharpar on strong growth trajectory
Feb 28, 2014
DELHI: Neharpar of Faridabad is well on its way to becoming a realty hotspot with the new initiatives by development authorities like Huda to further integrate the city with Delhi and the neighbouring NCR cities. Also, Delhi Metro is planning to extend its corridor to Faridabad in the near future. These, coupled with the increasing housing demand prompting developers to launch a slew of new residential projects across segments, have put Faridabad on a strong growth trajectory.
Bhiwadi offers quality living at affordable rates
Feb 27, 2014
DELHI: The status of Bhiwadi as a priority town of the NCR has catapulted it to a pole position and put it firmly on investors’ radar. Known primarily as an industrial town, Bhiwadi comprises industrial centres of Bhiwadi, Khushkhera, Chopanki, and Sare Khurd. But today Brand Bhiwadi stands for quality living at affordable values, amongst other things. Comparatively low land prices, increasing housing demand, and good connectivity with Gurgaon and other parts of the NCR have attracted the attent
NCR Planning Board meet called over Haryana plan
Feb 27, 2014
DELHI: The NCR Planning Board will meet on March 6 to discuss, among other things, an approval of Haryana’s crucial sub-regional plan.
Connaught Place eighth costliest office location in world: Report
Feb 19, 2014
DELHI: Connaught Place in Delhi slipped four notches to become the world's eighth most expensive office location as rentals remained stable and rupeeweakened in 2013, said property consultant Cushman & Wakefield.
40.72 lakh high spenders in the country under tax scanner
Feb 17, 2014
DELHI: Over 40.72 lakh high value spenders are under the scanner of the Income Tax department which plans to check potential evasion instances before the closing of the financial year on March 31.
Greater Noida West brings opportunity for retail buyers
Feb 15, 2014
DELHI: Commercial property has always been considered a huge investment and preferably a deal made for corporate houses, MNCs, big and foreign investors. Retail players or small buyers found it expensive due to location, size and cost and hardly got a small office space within their budgets, so they preferred to rent a small office space to run their operations. But for the first time in the NCR (National Capital Region), Greater Noida West is offering opportunity for retail and small buyers too
Finance cost pulls down Unitech net
Feb 15, 2014
DELHI: Real estate developer Unitech has posted a 61 per cent decline in its net profit to Rs 32.8 crore for the the quarter ended December 31 because of higher expenses and finance costs.
Land compensation under new law: HUDA
Jan 17, 2014
DELHI: Villagers objecting to the acquisition of 700 acres of land in Gurgaon by the state government last December were on 16 January assured that they would be compensated according to provisions of the new Land Acquisition, Rehabilitation and Resettlement Act 2013. The new law came into force on January 1, 2014.
Gurgaon build plans below 100 sq m may get nod
Jan 17, 2014
DELHI: The MCG House meeting on 15 January discussed a proposal wherein plots whose size is less than 100 sq m will also get their building plans sanctioned. At present, the building plans of only those plots which are above 100 sq m are approved by the MCG.
World's Ultra-rich Hold a Fifth of Their Wealth in Real Estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
World's ultra rich hold a fifth of their wealth in real estate
Jan 16, 2014
DELHI: The world's super rich people hold a fifth of their wealth in property, estimated at USD 5,328 billion, while Asia's ultra rich have a greater share in real estate, a report says.
Branded luxury homes for professionals in vogue
Jan 15, 2014
DELHI: Developers put their exclusiveness to high-end residential properties matching the international trends of living.
Should you prepay a home loan before you retire?
Jan 08, 2014
DELHI: Manoj Pradhan, who is set to retire in five years, has two properties. Since he has taken a home loan, one of these is mortgaged with the bank. He gets a concessional rate as he is a bank employee and hasn't prepaid the loan. He is banking on his pension, rent and investment returns for post-retirement needs. He isn't sure if he should repay the loan before he retires or allow it to continue. He needs help in taking the decision.

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