Latest Realty News

Hotel-Leelaventure-Completes-Rs-725-Crore-Goa-Property-Sale
Dec 15, 2015
New Delhi: Hospitality chain Hotel Leelaventure on Monday completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
8500-Allottees-Surrender-DDA-Flats:-Government
Dec 11, 2015
New Delhi: Around 8,500 allottees - almost one-third - of a housing scheme of Delhi Development Authority (DDA) have surrendered their flats, Rajya Sabha was informed on Thursday.
Housing-Prices-Down-15-20%,-No-Scope-for-Further-Cut:-Industry-Body
Dec 10, 2015
New Delhi: Housing prices have fallen by an average 15-20 per cent across the country in last 18 months and there is no scope for further reduction, realtors' apex body CREDAI said on Wednesday.
Developers-to-Deposit-70%-of-Project-Cost-in-Separate-Account
Dec 10, 2015
New Delhi: The government on Wednesday reached out to the Opposition including the Congress by agreeing to incorporate in the Real Estate (Regulation and Development) Bill 2015, a provision requiring real estate developers to deposit 70 per cent of the project cost in a separate escrow account.
Cabinet-Okays-Changes-in-Real-Estate-Bill-to-Protect-Home-Buyers
Dec 10, 2015
New Delhi: The Union Cabinet on Wednesday approved the Real Estate (Regulation and Development) Bill, 2015 which will now be taken up for consideration by the Parliament. Chaired by Prime Minister Narendra Modi, the Cabinet gave the nod to the Real Estate (Regulation and Development) Bill, an initiative to protect the interest of consumers, promote fair play in real estate transactions and to ensure timely execution of projects.
Hyderabad-most-affordable-metro-for-homes-
Dec 09, 2015
NEW DELHI: Hyderabad remains the most affordable metro for home buyers, followed by Ahmedabad and Kolkata.
Maha-govt's-realty-projects-approvals-ease-to-help-make-housing-affordable:-JLL-India-
Dec 09, 2015
MUMBAI: The Maharashtra government's efforts towards reducing the number of approvals needed for a realty project is expected to make private housing relatively affordable. The move is also expected to ease developers' cash flow issues as approvals for their projects will be faster, said JLL India in a report.
CREDAI-Odisha-to-organize-Mega-Property-Expo-in-Jan-2016
Dec 05, 2015
Bhubaneswar, Dec. 4: The Odisha chapter of the Confederation of Real Estate Developers' Association India (Credai) is also planning to use social and digital media to sale properties.
One-Third-Allottees-of-DDA-Housing-Scheme-Surrender-Flats
Dec 04, 2015
New Delhi: Nearly one-third allottees of Delhi Development Authority (DDA) flats under Housing Scheme 2014 have surrendered their flats, the Urban Development Ministry said on Thursday.
Amrapali-to-develop-housing-project-worth-Rs-2,000-cr-for-govt-staff-
Dec 04, 2015
NEW DELHI: Realty firm Amrapali today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.
Rise-in-land-auction-prices-may-hurt-realty-revival-in-Hyderabad-
Dec 02, 2015
HYDERABAD: Disputing the claims of Telangana government that the record prices yielded in the latest round of land auction in Hyderabad reflected the boom in realty market, builders and global property consultants have cautioned that towering costs could actually deter the entry of national and international players.
Mumbai-realty-shows-signs-of-life-again-as-home-sales-rise-28%-
Dec 01, 2015
MUMBAI: Elusive home buyers, at least some of them, are finally returning to the Mumbai property market. Direct discounts of 5-10 per cent, reduction in apartment sizes and falling interest rates have pushed cumulative residential property sales in the last four quarters by 28 per cent compared with the corresponding period, showed a JLL India report.
New-FDI-policy-impact-on-realty-to-be-more-long-term,-unlikely-to-increase-FDI-in-near-term:-Fitch-R...
Dec 01, 2015
NEW DELHI: Easing of investment norms under Foreign Direct Investment (FDI) policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term, ratings agency Fitch Ratings has said.
Xander-Group-plans-to-lap-up-more-realty-in-India-
Nov 30, 2015
BENGALURU: The Xander Group, which owns a portfolio of 66 million sq ft worth real estate assets in India, is looking to scoop up more across the retail, commercial and residential segments, the founder of the global investment firm said.
BlackSoil-Realty-to-invest-Rs-25-cr-in-Ahuja-Constructions’-residential-project-
Nov 30, 2015
MUMBAI: BlackSoil Realty Fund-I is set to invest Rs 25 crore in realty developer Ahuja Constructions' residential project in central Mumbai's Sion locality.
Ashiana's-Marine-Plaza-project-to-resume-next-month
Nov 28, 2015
JAMSHEDPUR: Leading real estate development company Ashiana HousingBSE 2.44 % Limited today expressed confidence that construction work of its ambitious project 'Marine Plaza' here will restart from next month.
Housing-for-All-may-boost-economy-by-3.5%-by-2022:-Ind-Ra-
Nov 27, 2015
MUMBAI: Prime Minister Narendra Modi's ambitious project Housing For All has the potential to push up the country's economy by 3.5 per cent by 2022 with sectors supplying crucial inputs to the construction industry being the biggest beneficiaries, says India Ratings.
JP-Infra-triumphs-the-title-of-‘Best-sustainable-design-of-the-year’
Nov 27, 2015
Mumbai, 26th November, 2015: CISCO,delightedly presented‘India Sustainability Leadership Summit Awards’ for the first time in Mumbai today. The award celebrates the highest level of achievement by companies and individuals operating in real estate and infrastructure industry.
CREDAI-Nashik-holds-B2B-with-estate-brokers-to-boost-real-estate-sector
Nov 26, 2015
NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) Nashik recently held a business to business (B2B) meeting with the local real estate brokers in a bid to boost the real estate sector in Nashik.
Lodha-Group-sells-super-luxury-duplex-apartment-in-Mumbai-for-Rs-160-crore
Nov 26, 2015
MUMBAI: In a record-setting transaction, realty developer Lodha Group has sold a super-luxury duplex apartment in South Mumbai's tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore, said two persons familiar with the development.
SBI-Life-Insurance-Company-buys-Rs-140-crore-office-space-in-Navi-Mumbai-
Nov 25, 2015
MUMBAI:In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1 lakh sq ft office space from L&T Realty at its mixed-use project L&T Seawoods Grand Central for Rs 140 crore, said three persons familiar with the matter.
ASK-invests-Rs-125-cr-more-in-ATS-group’s-project,-takes-total-investment-to-Rs-252--cr-
Nov 25, 2015
NEW DELHI: Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group's 20-acre Le-Grandiose project in Sector 150, Noida, taking its total investment in the project to Rs 252 crore.
Siddha-Group-to-introduce-longest-jogging-track-
Nov 24, 2015
KOLKATA: Alongside introducing one of the first few skywalks to Kolkata's skyline, Siddha Group is claiming to throw in world's longest jogging track to thir Galaxia's Terrace Skywalk project in Rajarhat. The Rs 200 crore project that is being developed in four phases is launching their second phase that would have close to 500 apartments.
HDFC-Realty,-iBidmyHome.com’s-online-home-auction-gets-bids-worth-Rs-155-crore-
Nov 24, 2015
MUMBAI: Property advisory firm HDFC Realty has received bids worth Rs 155 crore under its multi-property online auction of ready-to-move in apartments in 8 residential projects across Bengaluru, Chennai and Kochi.
MCHI-CREDAI-members-apprise-Prakash-Javadekar-of-issues-faced-by-builders-
Nov 24, 2015
MUMBAI: Members of realty developers' body MCHI-CREDAI met State Minister for Environment, Prakash Javadekar on Sunday to discuss issues related to Environment Ministry faced by builders, particularly delays in environmental clearances for real estate projects.

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