Latest Realty News

Fullerton-India-to-float-housing-finance-company
Sep 15, 2015
Leading non-banking financial company (NBFC) Fullerton India Credit Company Ltd, a fully owned subsidiary of Singapore-based Fullerton Financial Holdings, has decided to float a housing finance company by November this year.
Rajasthan-Apartment-Ownership-Bill-returned-as-Union-ministries-raise-objections
Sep 15, 2015
JAIPUR: The Rajasthan Apartment Ownership Bill (2015), which was sent to the President of India for final approval, has been returned with proposed amendments.
Consumption-of-construction-chemicals-is-set-to-go-up-in-India
Sep 15, 2015
Rapid urbanisation is setting the pace of the Indian construction industry and, by extension, the construction chemicals market. The government’s ambitious ‘Housing for All’ and ‘100 Smart Cities’ programs are key growth drivers for the construction chemicals sector.
Foreign-real-estate-investors-have-become-more-realistic-about-Indian-market
Sep 14, 2015
NEW DELHI: The real estate market in India has matured after the slowdown and investors now have a more realistic view about returns these days, says Robert Marten, managing director, Global Real Estate Institute (GRI), a global club of senior real estate investors, developers and lenders.
Green-Tribunal-order-on-housing-puts-developers-in-a-bind
Sep 09, 2015
The National Green Tribunal on Tuesday made it mandatory for developers to get environmental clearance for projects above 20,000 sq m.
Affordable-housing:-Sector-may-get-infra-tag-if-Realty-Bill-gets-passed
Sep 08, 2015
Affordable housing might stand a chance to get the much-sought-after infrastructure tag provided the Union government passes the Bill to regulate the realty sector.
Govt-announces-98-Smart-Cities,Venkaiah-Naidu-terms-them-‘safe-investments-for-pvt-firms’
Aug 28, 2015
The union government on Thursday released the list of 98 cities that will be developed under the Smart Cities mission. These cities together have a population of 13 crore, accounting for 35 per cent of India’s urban population.
Flat-ownership-bill-may-come-up-in-assembly
Aug 20, 2015
BHUBANESWAR: The long-awaited bill to amend the Odisha Apartment Ownership Act, 1982, is scheduled to come up in the assembly during the monsoon session, which started on Tuesday.
Cash-strapped-builders-turn-to-PEs,-NBFCs-to-refinance-debt
Aug 14, 2015
BENGALURU/MUMBAI/NEW DELHI: Real estate developers are increasingly turning to private equity investors and non-banking finance companies to refinance massive debts due to sluggish home sales in the last couple of years and banks becoming cautious about lending to the industry
Real-Estate-Bill-Clears-Govt-Of-Blame,-Worries-Some-Builders
Aug 11, 2015
Panaji: The Real Estate (Regulation and Development) Bill, 2013, which is still pending in Parliament, has the Goan real estate industry worried. While stakeholders agree that the bill, once passed, will bring clarity and confidence into the real estate market, developers are wary about the lack of onus placed on the government, which they feel, is an important stakeholder in the real estate economy.
Real-Estate-Bill:-Growth-of-the-sector-can’t-be-at-the-cost-of-consumers
Aug 08, 2015
The report of the Parliamentary Select committee on the Real Estate (Regulation and Development) Bill, 2013, tabled on the floor of the Rajya Sabha has not only rectified the many dilutions that were made to the original Bill, it has also built in additional safeguards to regulate all kinds of transactions between home-buyers and builder
FICCI-experts-to-assist-Nagpur-Municipal-Corporationin-for-Smart-City
Aug 07, 2015
NAGPUR: The cash-strapped Nagpur Municipal Corporation moved one step ahead as far as its dream of getting central funds under Smart City project is concerned.
3-Ghansoli-land-plots-in-Navi-Mumbai-fetch-Rs-221-crore
Aug 07, 2015
NAVI MUMBAI: Three land tender plots of Cidco in prime locality of Ghansoli, sector 8, were on Thursday sold to the highest bidders for rates as high as Rs 1.61 lakh per sq metre, fetching the state agency a total revenue of Rs 221 crore through these sales.
CREDAI-Odisha-conducted-a-blood-donation-camp-at-Bhubaneswar
Aug 07, 2015
Bhubaneswar: The CSR Committee of CREDAI-Odisha along with Indian Red Cross Society- Odisha State Chapter, has conducted a blood donation camp at its association office on 5th August 2015.
End-users,-investors-keep-Pune-housing-market-alive-in-Q1
Aug 07, 2015
The demand from both end user and investors precisely in the mid-range segment kept the overall Pune residential market positive during the quarter ended June, showed a report by property consultancy Colliers International.
Building-of-service-apartments-in-hotels-will-be-allowed-in-Delhi
Aug 07, 2015
NEW DELHI: Urban Development Ministry has approved a proposal to allow building of service apartments in hotels in national capital as a part of review of Master Plan of Delhi-2021.
Affordable-home-launches-up-320%,-developers-offer-7,000-affordable-units-in-first-quarter-
Aug 06, 2015
NEW DELHI: The real estate market in the country's top eight cities recorded a 320% year-on-year jump in affordable home launches in the quarter to June, according to a report by property advisory Cushman & Wakefield, indicating a shift in strategy by builders to beat the slump.
Builders-struggle-to-sell-houses-in-Surat
Aug 06, 2015
SURAT: There is a supply overhang of houses in the Diamond City with around three lakh flats lying vacant for a couple of years now.
House-map-approval-begins-in-Patna
Aug 06, 2015
Patna: The Urban development and housing department (UDHD) on Wednesday cleared the decks for house map approval in the state capital and its adjoining areas.
US-based-SRS-Investments-enters-Vizag-realty-market
Aug 06, 2015
VISAKHAPATNAM: Terra Alpha, the real estate arm of US-based private-equity real estate investment firm SRS Investments, on Wednesday launched the Port City's first realty FDI (foreign direct investment) project Celest that comprises a residential-cum-c
RBI-policy-desolates-realtors;-want-rate-cut-to-boost-sector
Aug 04, 2015
Real estate industry on Tuesday expressed disappointment over RBI's decision to keep the key interest rates unchanged, saying rate cuts were required to boost manufacturing and property sectors.
Fewer-new-housing-launches-in-kolkata,-sale-lowest-among-top-eight-cities
Aug 04, 2015
KOLKATA: The realty boom that kept Bengal's economy churning has switched to reverse gear. Not only has new launches dipped, but sale of apartments is also the lowest among the top eight cities.
SC-considers-appointing-receiver-for-Sahara-assets
Aug 04, 2015
NEW DELHI: The Sahara group's inability to raise Rs 10,000 crore, half in cash and half through bank guarantee, to seek release of its chief Subrata Roy and two directors from jail made the Supreme Court on Monday think aloud about the possibility of appointing a receiver for the group.
Buyers-point-to-loopholes-in-Rajya-Sabha-report-on-real-estate-bill
Aug 03, 2015
NOIDA: NCR homebuyers, who made significant contributions in the shaping of the Real Estate Regulation and Development Bill, have by and large welcomed the report by the 21-member select committee on the Bill, submitted to the Rajya Sabha on July 30.
PE-investment-in-realty-rises-16-per-cent-to-Rs-6,010-crore-in-Jun-quarter
Aug 03, 2015
NEW DELHI: Private equity (PE) investment in the real estate sector rose by 16 per cent to Rs 6,010 crore in April-June period as developers raised funds to complete existing projects on account of slow sales, says a report.

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