Latest Realty News

Credai awaits rollback of ready reckoner rates
Mar 30, 2014
NASHIK: The Confederation of Real Estate Developers Association of India (CREDAI), Nashik, is awaiting a rollback of the hike in ready-reckoner rates announced by the Maharashtra government from January 1, 2014. The organization has expressed its disappointment, with the hiked rates remaining unchaged after an assurance from the state government.
Gurgaon to see number of lease renewals in office spaces in 2014&15: Report
Jan 22, 2014
GURGAON: Gurgaon is expected to witness significant number of lease renewals in office spaces 2014 and 2015 as companies that had set up offices in 2004 - 2006 are approaching the end of their lease terms .
Supertech announced the launch of ‘The Romano’
Jan 21, 2014
NOIDA: Supertech Limited, India’s leading real estate developer, after successfully deliveringmany magnificent projects in Noida has announced the launch of another residential project ‘The Romano’ – Roman Style living in Sector 118, Noida. The project will be a perfect mélange of ancient glory and contemporary luxury.
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.
Demand for commercial property still good in Delhi
Jan 03, 2014
DELHI: Despite odds, the Delhi NCR’s commercial realty market is still considered as one of the most favourable investment destinations. This owes a lot to the political heft that Delhi commands—being the national capital, the city houses the headquarters of major political parties, as well as all administrative offices. Naturally, this attracts corporates wanting to be in close proximity to the bureaucrats and other decision makers.
Rapid Metro in Gurgaon pushes up realty prices
Nov 16, 2013
DELHI: The Rapid Metro in Gurgaon will be a boon for the residents of MG Road, DLF Phase II and III. It will also add sheen to the commercial properties in DLF Cyber City.
Curbs on land registry in 42 villages in NCR
Nov 16, 2013
DELHI: The district administration has been told not to register land in 42 villages, including some located in Pataudi, where illegal colonies have sprung up in violation of the Directorate of Town and Country Planning (DTCP) regulations.
Delivery of new flats: Delays can attract high penalty for developers
Oct 21, 2013
MUMBAI: Even before the real estate regulator is formed, consumer courts are taking the lead in establishing the best practices for the sector. On the most common issues — developers taking more than the time they promised in which to deliver a flat — consumer courts are coming down on the side of the buyers.
Industrial colony on de-notified SEZs in Gurgaon
Aug 07, 2013
DELHI: The special dispensation for de-notified SEZs in Haryana to become eligible for developing industrial colony has evoked mixed response. The developers want single window clearance for the licences but real estate insiders claimed it would not be a cake-walk.
RCom seeks board approval to unlock real estate value
Jul 06, 2013
MUMBAI: Reliance Communications (RCom) is seeking board approvals to “unlock” value in real estate properties held by the company and its subsidiaries.

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