Latest Realty News

Gandhinagar: Residential realty on the rise
Apr 17, 2014
AHMEDABAD: Gandhinagar is located on the west bank of Sabarmati river. Previously seen as an administrative city, Gandhinagar has already developed as a trade capital of the state and now the residential realty is also growing at a fast pace in the region.
FNG Expressway: Connectivity, smooth traffic, real growth!
Apr 17, 2014
DELHI: The much-awaited FNG (Faridabad-Noida-Ghaziabad Expressway) is finally coming on track and will provide fast connectivity to daily commuters of the area once complete; apart from this, it is also emerging as an excellent stretch for real estate development.
Realty maintains optimism despite RBI’s status quo on policy rates
Apr 17, 2014
MUMBAI: The real estate industry was expecting a significant rate cut in the policy rates announced by the RBI on April 1, 2014, but all hopes were shattered as the central bank kept the previous rates unaltered. With inflation showing signs of easing and growth regaining momentum, the industry was expecting a cut in key rates to further boost the businesses. Experts believe that this is a good sign though because now at least one thing is clear; the interest rates would start coming down in the
MHRDA: New realty law will help buyers and builders
Apr 17, 2014
PUNE: The Maharashtra Regulatory & Development Act (MHRDA), 2012, promises to bring more transparency and accountability helping both builders and property buyers, Satish Magar, vice-president of the Confederation of Real Estate Developers Associations of India (Credai) – National, said on April 15.
New Credai Coimbatore team
Apr 17, 2014
COIMBATORE: Rajesh B Lund, Partner, Srivari Property Developers, Coimbatore, will take over as the President of Coimbatore chapter of Credai (the Confederation of Real Estate Developers’ Association of India) for a two year term (2014-16).
Around 52,000 hotel rooms to be added in top cities by 2017
Apr 16, 2014
AHMEDABAD: A Cushman & Wakefield (C&W) report states that the hospitality sector will see a rise of over 65 per cent in total hotel inventory by 2017. Approximately, 52,000 new hotel rooms are expected to come into existence in the next five years (2013-2017). Despite a slow response, the hospitality sector of India, is expecting to witness better demand, in the coming years, on account of improved global economic conditions. Many hotel projects, that were delayed in the last two years, are also
Miyapur-Chandanagar: North-west expansion of Hyderabad
Apr 16, 2014
HYDERABAD: The spill over effect of Madhapur, Kukatpally and the gradual north-west expansion of the city has brought Miyapur-Chandanagar belt into the limelight. It has gone through a transformation over the years, from sparse residential colonies housing employees from the nearby industrial localities into a bustling residential and commercial centre. It has been one of the rapidly growing suburbs in the city post 2006-07. Proximity to the IT corridors and improving infrastructure facilities h
Greater Noida: Affordable, spacious & green!
Apr 16, 2014
DELHI: World-class projects like the forthcoming night safari, transport hub, DMIC (Delhi Mumbai Industrial Corridor) industrial zone, industrial and investment zones, mega rail terminal, and quality infrastructure have positioned Greater Noida as one of the top destinations in the NCR for residential and commercial properties.
No hike in circle rates in Delhi till poll-end
Apr 16, 2014
DELHI: At a time when there is a slump in the real estate market, any hike between 20% and 50% in the circle rates for property registration in Delhi – as is likely to be proposed – may for the first time see the circle rate and market rate become equal in areas like unauthorized regularized colonies and new settlements in Narela and Bawana. The black component in transactions will then be nil. And this may further dampen sentiments and lead to stagnation in sales, say experts.
Care homes: Silver lining for senior citizens
Apr 15, 2014
DELHI: With the life expectancy of people increasing dramatically owing to modern medicine and other healthcare facilities, the retirement years of the average citizen often stretches to two-three decades. Thus, this is a period in one’s life that one cannot ignore and must plan and prepare for it.
Realty sector creating avenues of employment in Hyderabad
Apr 15, 2014
HYDERABAD: Infrastructure growth has been playing a vital role in providing employment in both organised and unorganised sectors in India and Hyderabad in particular. In fact after agriculture, real estate sector is the second largest creator of employment. In Hyderabad several large scale housing projects have come up in the last five to ten years and there are many more projects which are in the pipeline. Several supporting infrastructure need to be built for these projects such as water suppl
Expressway to facilitate real estate growth
Apr 15, 2014
AHMEDABAD: To say that expressways are lifeline of urban centres would be like stating the obvious. The expressways across the country have been a connecting point of the main city with the periphery locations, thus, ensuring that satellite cities are sustainable for the working class who otherwise cannot afford to buy a house in the main city. In the process, expressways also act as catalyst in providing a boost to the economy of the region.
Are you paying a higher maintenance bill for housing society?
Apr 15, 2014
MUMBAI: Ashwini Rao, 31, had been paying a fixed amount every month to her cooperative housing society in Mumbai as maintenance charges. However, two years ago, when the managing committee asked her to cough up an additional Rs 1,000 for keeping a pet, she was taken by surprise. "It was not even our own pet. My brother and his family were going on a vacation for a few days and wanted us to look after it till they returned, but the managing committee just wasn't ready to listen," says Rao. She ha
Investment in realty sector dips 65 per cent in 2013 at USD 1.2 billion
Apr 15, 2014
AHMEDABAD: Investment in Indian real estate declined by 65 per cent to USD 1.2 billion during 2013, but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said. Investment in real estate sector in India stood at USD 3.4 billion during 2012.
Capturing opportunities in the complex real estate terrain of India
Apr 15, 2014
HYDERABAD: Real estate is an asset class that demands specialised skills and the complexity surrounding this sector, increases in the Indian context. Compared to the mature real estate markets in the developed nations, buyers in India need a higher degree of diligence before entering into property agreements. Issues pertain to ownership rights of the property, understanding the difference between usable area and saleable area in the absence of standardised definitions, completion of the project
Pune will not see a price correction
Apr 15, 2014
PUNE: Pune’s residential property market has maintained its momentum, even in a challenging economic environment. It is true that residential sales have slowed down even in Pune. However, it is also a fact that they have remained healthy enough to sustain the viability of the city’s real estate market. That is why Pune’s developers continue to launch fresh residential projects. The Gera Realty Report Pune, for the period July 2013 to December 2013, indicates an increase in supply through the lau
10 taxes you should know about
Apr 15, 2014
HYDERABAD: Taxes, along with taxation rules are one of the most complex and confusing topics of any financial system. This complexity arises because of different types of taxes with different tax rates and continuous amendments in the taxation rules which are retrospective and prospective at times. Through this article, we will try to figure out different types of taxes levied in Indian financial system and their effects.
As builders fund parties, homes may be delayed
Apr 12, 2014
BANGALORE: Real estate consultants caution that the ongoing polls could cause project delays as election financing and delayed approval processes are coming in the way of construction activities.
RBI to banks: Follow norms on sale/ purchase of real estate overseas
Apr 12, 2014
MUMBAI: The Reserve Bank of India on Thursday said banks should ensure that all future transactions relating to purchase/sale of real estate as well as acquiring /letting out property on lease/rental basis at overseas centres are undertaken in accordance with the board-approved policy.
Singapore-based realtor to invest Rs 200 cr in Lucknow project
Apr 12, 2014
LUCKNOW: Singapore-based real estate developer Azea Property Investment (API) today announced to invest Rs 200 crore in a housing project in Lucknow. The project 'Azea Botanica' spread over 6.5 acres of land would be completed by 2016.
Experts highlight importance of intellectual property rights
Apr 12, 2014
MYSORE: Protecting intellectual property right is very important. Seven intellectual properties - patent, trademark, design, trade name, trade secret, geographical recognition and copyright - have been identified, and it is important to get patents for research work and methodology, said K S Rangappa, vice-chancellor of University of Mysore.
Private equity firm Milestone Capital sells Rs 145-crore Pune property to HNI
Apr 11, 2014
MUMBAI: Private equity firm Milestone Capital Advisors has sold a 2.5 lakh sq ft commercial property in Pune for about Rs 145 crore to a high-net-worth individual (HNI), marking a potential renewal of interest among such investors in assets that offer stable rental returns in addition to capital appreciation.
Buying a property? Pick one before elections are over
Apr 11, 2014
DELHI: Discounts and offers from real estate developers are common, but this Navaratra was extra special with builders going over the top—bigger discounts, a variety of flexi-payment plans and freebies to attract buyers. The reason? The property market is witnessing a glut. According to Cushman and Wakefield, there was a 12% drop in new launches in the top eight cities and yet the supply is more than demand. Prices have remained flat (even fallen in some specific pockets) for quite a few months,
Retail hubs in emerging areas of Bangalore
Apr 11, 2014
BANGALORE: With availability of land and prices at a premium in the city center, growth is shifting towards the peripheries, where connectivity has led to the opening up of localities. With commercial and industrial realty development taking place in the Outer Ring Road (ORR) corridor and beyond, rapid residential expansion has followed. This has led to the emergence of retail in these developing areas.
Market gets a new drive on Dwarka Expressway
Apr 11, 2014
DELHI: Construction on Dwarka Expressway is going on in full swing and it is likely that it will be completed in 2014-15, giving a big boost to residential and commercial real estate projects in the region.

Latest Realty News Of State

Realty Talk's