Latest Realty News

Indians among top property buyers in Dubai
Sep 20, 2014
Indians constitute a dominating group while buying real estate in Dubai, having invested nearly AED 10.5 billion during the first half of this year may raise $30 million from Tybourne Capital, Yuri Milner
Sep 19, 2014
Property portal is in talks to raise as much as $30 million (about Rs 180 crore) from existing and new investors including Russian venture capitalist Yuri Milner in his personal capacity and Tybourne Capital
DDA relaxes conversion norms
Sep 19, 2014
In a major relief to property owners in the city, DDA has further liberalized the conversion norms. As per the new rules, even properties without a sanctioned building plan can be converted from leasehold to freehold
Role Reversal: India's Growth May Surpass China's by 2016
Sep 17, 2014
China is struggling as the troubled banking system and property markets put a damper on the economy
Land rates up, but authority goes easy on group housing
Sep 16, 2014
Properties along Yamuna Expressway have just become costlier, after Yamuna Expressway Industrial Development Authority (YEIDA), in a board meeting on Monday, passed a proposal to hike land allotment rates
For luxurious Mumbai flats, even owners shell out ‘rent’
Sep 15, 2014
Fancy apartments in new luxury buildings not only cost a king's ransom, but also need a fortune to be kept in possession
Election impact may hold back Mumbai, Gurgaon realty
Sep 15, 2014
Maharashtra and Haryana, the two states headed for legislative Assembly elections on October 15, have another thing in common. They are among the most prominent property markets and together are estimated to constitute 30-40 per cent of the pan-India real estate universe
SBI sets up property mall in Ludhiana
Sep 12, 2014
State Bank of India has launched an initiative called SBI Property Mall for popularising sale of industrial, commercial and residential properties by e­auction
Govt to amend rules, allow property tax refund claims
Sep 12, 2014
The state government has decided to amend its property tax policy, which is good news for taxpayers who have paid in excess if one takes into account recent policy changes
Soon, AMC to get real-time info on city’s civic services
Sep 10, 2014
After almost a decade of trial and error the Ahmedabad Municipal Corporation (AMC) has finally inched forward to get an entire data related to the city's civic services and individual property owners on a Geographical Information System (GIS) map
Property tax for vacant lands in Chennai
Sep 09, 2014
Owners of vacant lands in Chennai city will have to pay property tax similar to the residents of municipalities in other parts of the State
State govt renames holding tax, changes valuation method
Sep 09, 2014
Bhubaneswar: With a view to augmenting the tax base, the state government on Monday decided to replace levy of holding tax with property tax in urban areas and also change the manner in which such tax is calculated
Civic body to assess property tax
Sep 08, 2014
The city corporation will soon take up a massive exercise to assess properties in the extended areas to be able to format a uniform tax. This is the first time the civic body will be framing guidelines since the city expanded in 2011
House tax notices to plot owners
Sep 07, 2014
The MCG is now sending house tax notices to owners of properties whose area is less than 100 sq yards. Earlier, owners of such plots were exempt from paying property tax
Reverberations in Goa from China’s property market collapse
Sep 06, 2014
Bankers and investors around the world are extremely nervous these days—the latest data from China indicates an increasingly bleak scenario is rapidly accelerating into focus.China's property market is teetering on the brink of disaster.
Indian real estate market saw significant change during 2005-14: Report
Sep 05, 2014
Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report
Rise of property prices slack in city
Sep 04, 2014
The prices of residential property in Mumbai witnessed a 16 per cent increase over the last three years as compared to 41 per cent and 28 per cent in Bengaluru and Pune, respectively, according to the latest report from global real estate consultant, Cushman & Wakefield
Luxury homes in Pune beat affordable ones in demand
Sep 04, 2014
The city's high-end residential segment has shown a smart 39% rise in capital value in the 2011-14 period — the highest any market has shown in the country, a report by real estate advisory company Cushman & Wakefield has said
Bangalore, Mumbai to Lead Residential Sales Recovery: Knight Frank
Sep 01, 2014
Residential property sales in India have remained sluggish over the past year amid slowing economic growth, high interest rates and high inflation, among others. But analysts see sales volume picking up in the second half of this year (July-December).
Best time to buy property in Hyderabad: Realtors
Sep 01, 2014
With realty prices in Hyderabad currently at rock bottom and expected to spike in the coming days, realtors feel this is the best time to invest in property in the state
Home sales expected to rise 26 per cent in second half of 2014: Knight Frank
Aug 27, 2014
After a lacklustre first half, home sales across the top six cities in the country are expected to rise 26 per cent in the second half of 2014 compared to a year ago, according to a research report by property advisory firm Knight Frank
Residents protest faulty tax notices
Aug 25, 2014
Around 200 residents of sectors 55 and 56 have complained about anomalies in the house tax notice served to them
Fresh tax notices to be served on 1 lakh property owners
Aug 23, 2014
The MCG is the process of issuing fresh house tax notices to around one lakh property owners in Gurgaon, after noticing discrepancies in their self-assessment forms
Realty demand looking up: Credai
Aug 22, 2014
The Confederation of Real Estate Developers of India (Credai) said the property market across the metros in the country was looking up and it expects good absorption in residential property in the next 6-9 months
Corporation names property tax defaulters on its website
Aug 22, 2014
The city corporation has finally uploaded on its website the list of property tax defaulters in Chennai, Malls, star hotels, govt among major property tax defaulters

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