Latest Realty News

Bengaluru-in-top-20-commercial-real-estate-investment-cities-
Nov 17, 2015
MUMBAI: After emerging as one of the top 20 technology-rich cities globally, Bengaluru has made debut in the list of top 20 commercial real estate investment cities in the world, says a Jone Lang LaSalle report.
Mhada-identifies-fresh-land-parcels-in-MMR-for-affordable-housing-
Nov 16, 2015
MUMBAI: The Maharashtra Housing and Area Development Authority (Mhada) has identified land parcels spread over 1,100 acres across Mumbai Metropolitan Region (MMR) for developing affordable housing projects.
Sector-150-in-Greater-Noida-mooted-as-model-of-real-estate-development-in-NCR
Nov 15, 2015
NEW DELHI: To boost infrastructure in the newly developed sectors along the Noida-Greater Noida expressway, Noida Authority has started working on several projects envisaging connectivity with Faridabad and Greater Noida. All projects along the Expressway were reviewed recently by Noida Authority, which is also taking up a project to develop the 45-meter road which will connect Kalindi Kunj to Greater Noida. This road will cut the travel time from Kalindi Kunj to Greater Noida to 10 minutes.
Vodafone-announces-Rs-13,000-crore-investment-plan-in-India
Nov 13, 2015
NEW DELHI: Vodafone on Thursday committed investments of Rs 13,000 crore (£1.3 billion) in India for capacity augmentation and new business initiatives.
Evaluation-Criteria-for-Smart-City-Plans-Firmed-Up
Nov 13, 2015
Based on credibility, feasibility and citizen engagement, Smart City plans will be evaluated by the Urban Development Ministry for selection of first batch of 20 cities after detailed consultation with states and urban local bodies (ULB).
New-FDI-norms-to-boost-affordable-housing-segment
Nov 12, 2015
NEW DELHI: Real estate industry today hailed the government's decision to relax FDI norms for construction sector saying the move would boost foreign investment into the housing sector, particularly affordable segment.
FDI-in-real-estate-becomes-more-transparent-and-flexible
Nov 11, 2015
MUMBAI: The centre has streamlined FDI in real estate, made it more transparent and offered greater flexibility to foreign investors to invest in India's property market, as part of a move to open up the economy even further.
Punjabi-folk-duo-Hari-and-Sukhmani-perform-at-Diwali-celebrations-hosted-by-real-estate-group-in-Gur...
Nov 11, 2015
It was an environment-friendly Diwali celebration for the residents of Central Park I, II and III, when the real estate group, one of the prominent builders based in Gurgaon, hosted a resort-style party with a casino nights theme.
Essel-Group-to-build-2-lakh-affordable-homes-by-2022-
Nov 10, 2015
NEW DELHI: Diversified business group Essel today announced its foray into the affordable housing segment with plans to develop 10,000 homes next year entailing an investment of Rs 800 crore.
Should-you-make-your-portfolio-real-estate-heavy?-
Nov 09, 2015
Shalu is a professional, earning a high salary. She has invested a lot in property—land, an apartment and a house in her native place—as she feels real estate is a good investment option. Buying property gives her an emotional high and leaves her feeling content.
Dubai-real-estate-players-bullish-about-high-Indian-investment-
Nov 09, 2015
DUBAI: Leading real estate players in the Middle East are bullish about Indians continuing as the most prolific foreign investors in the sector in the coming months too, as official statistics show that Indians have invested over Rs 30,000 crore last year alone here in properties.
Sobha-Group-to-set-up-residential-projects-in-London-
Nov 07, 2015
MUMBAI: Sobha Europe is looking to build residential projects in central London and has identified six redevelopment projects in the city for this, Raj Chinai, MD, Sobha Group told ET.
Real-estate-developers-eye-tax-relief-on-deemed-rental-income-
Nov 07, 2015
NEW DELHI: The developers' concerns over the tax provision wherein they are required to pay tax on deemed rental income on unsold apartments may be addressed in the coming Budget.
Property-dealers-looking-to-invest-in-office-segment
Nov 06, 2015
MUMBAI | BENGALURU: With commercial real estate showing signs of recovery, property developers that had stopped investing additionally in this segment are now looking to invest in office projects. The rising interest is this space has been generated by better demand outlook and constrained supply of grade A office spaces as most developers did not launch any major office projects since 2009, given the weak uptake until recently.
CWG-Village-builder-Emaar-MGF-to-be-penalised
Nov 06, 2015
NEW DELHI: Delhi Development Authority (DDA) has decided to penalise the project developer of the Commonwealth Games Village for violation of FAR norms.
China-interested-in-developing-Bengal's-infrastructure:-Mamata-Banerjee
Nov 06, 2015
KOLKATA: The Chinese government has expressed keen interest in enhancing economic activity with West Bengal as the state is both economically and geographically close to China, West Bengal chief minister Mamata Banerjee said today.
China-developers-do-a-realty-check,-keen-to-float-JVs-for-realty-sector
Nov 05, 2015
MUMBAI: After global private equity and sovereign funds, now Chinese developers are eyeing investment opportunities in India's property sector.
Investors-turn-pessimistic-on-commercial-real-estate
Nov 04, 2015
Monthly rentals and capital value expectations in commercial real estate in India rose in September quarter, albeit, at a pace lower than expected before, according to the Royal Institute of Chartered Surveyors (RICS), the UK-based qualifications and standards body for land, property and construction.
Innovative-discounts-won't-revive-Mumbai-real-estate:JM-Financial
Nov 04, 2015
Mumbai: Innovative discounts will not be of much help in boosting house sales in Mumbai because prices are way beyond the reach of most buyers, feels brokerage house JM Financial.
Child-born-out-of-rape-has-inheritance-rights-on-assaulter's-property:-Allahabad-HC
Nov 04, 2015
Lucknow: In a major judgement, Allahabad High Court has ruled that a child born out of rape has inheritance rights over the property of the assaulter, the "biological father"
Lucknow-Municipal-Corporation-lays-out-real-estate-venture-plan
Nov 03, 2015
LUCKNOW: The Lucknow Municipal Corporation (LMC) would realize its long-held dream of venturing into real estate post Diwali. The corporation has finalised tenders for building a huge commercial complex in Kamta, near the new high court building, and three residential projects - one behind Omaxe City on Rae Bareli Road and two others in Para. All these ventures are set to begin this month.
UAE-developers-to-exhibit-in-Dubai-Property-Expo-on-6th-Nov’15
Nov 03, 2015
Mumbai : Dubai Property Show is going be held at Bombay Exhibition Centre, Goregaon East, Mumbai, from 6th-8th November this year, where over 35 UAE developers shall showcase budget homes to luxury apartments, beach properties, villas, furnished apartments and commercial properties at the event.
Supreme-Court-sets-2005-cut-off-on-women-right-to-ancestral-property
Nov 02, 2015
Delhi: In a ruling that will restrict the right of women seeking equal share in ancestral property, the Supreme Court has said that the 2005 amendment in Hindu law will not give property rights to a daughter if the father died before the amendment came into force.
SBI-Chief-for-Pricing-Parity-With-HFCs-on-Home-Loans
Nov 01, 2015
Mumbai: State Bank of India (SBI) chairperson Arundhati Bhattacharya on Saturday called for ending the "regulatory arbitrage" enjoyed by pure-play home financiers, which can lend below their prime lending rates whereas banks cannot.
Canada-Pension-Fund-Ready-to-Invest-$2-Bn-in-Mumbai-Housing:-Maharashtra-Chief-Minister
Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.

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