Latest Realty News

'Over-2-lakh-houses-built-under-central-schemes-in-2-years'-
Aug 11, 2016
NEW DELHI: The minister of state for housing and urban poverty alleviation Rao Inderjit Singh told Lok Sabha on Wednesday that 2.24 lakh homes have been constructed for urban poor under the old and new housing programmes during the last two years.
High-costs,-sluggish-job-market-hurt-home-sales-
Jul 08, 2016
MUMBAI: Rising affordability concerns and a sluggish job market continued to push home prices downwards, according to a report released by Nomura. At all-India level house price inflation continued to moderate at a fast pace and eased to its lowest recorded level of 5.2% in Q1 2016, as per the Reserve Bank of India's housing price index (HPI). House price inflation was recorded at 9.8% in Q4 2015.
Realty-Firms-Hope-for-Housing-Sales-Revival-Post-Rate-Cut
Apr 07, 2016
New Delhi: Interest on home loans is expected to come down helping a revival of housing sales following the Reserve Bank of India's lowering of policy rate by 0.25 per cent today, say realty experts.
RBI-cuts-repo-rate-by-25-basis-points
Apr 05, 2016
The Reserve Bank on Tuesday cut the key interest rate by 0.25 per cent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors.
Big-cheer-for-home-buyers-!-Rajya-Sabha-passes-Real-Estate-Bill
Mar 10, 2016
NEW DELHI: A bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by the Rajya Sabha today.
Realty-Sector-Eyes-New-Year-to-End-Multi-Year-Slowdown
Dec 30, 2015
New Delhi/Mumbai: With a multi-year slowdown continuing in 2015 despite abundant supply and fall in prices, the real estate market is desperately looking for a recovery in the New Year when a new law is also expected to herald the much-needed transparency and accountability in the sector.
Housing-Prices-Up-13.7%-in-July-September-Quarter:-RBI
Dec 19, 2015
New Delhi: Housing prices increased by 13.7 per cent during July-September of this fiscal year compared with year-ago period but the annual growth rate has slowed down, according to a report to the Reserve Bank of India (RBI).
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.
Arun-Jaitley-Hopes-Low-Interest-Rates,-Inflation-to-Stay
Oct 31, 2015
Mumbai: Finance Minister Arun Jaitley said on Saturday he hoped interest rates and inflation would remain low to help revive the economy.
States-Asked-to-Evolve-Affordable-Housing-Policies-for-Low-Income-Groups
Oct 26, 2015
New Delhi: The Centre would hold discussions with the state governments about measures being taken to promote affordable housing projects for the Economically Weaker Sections (EWS) and Low Income Groups (LIG).
Govt-in-talks-with-World-Bank-for-funding-of-smart-cities,-AMRUT-plan
Sep 25, 2015
he World Bank is in talks with the government to provide some initial funding for the latter's smart cities programme and the Amrut initiative for urban revitalisation.
Government-to-put-in-place-single-window-clearance-for-building-permissions-by-early-next-year
Sep 16, 2015
NEW DELHI: The central government is working on putting in place a single window time-bound clearance system for layout approvals and building permissions by the beginning of next year, housing and urban development minister M Venkaiah Naidu said.
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.
Floor-area-ratio-hiked-around-rapid-transit-systems-in-Delhi
Jul 14, 2015
NEW DELHI: Urban Development Ministry today almost doubled the floor area ratio for constructions around mass rapid transit systems like the Metro, albeit with some riders, to address the issues of traffic congestion and shortage of housing in Delhi.
DC-sets-up-Gurgaon-Arbitration-Council-for-builder-disputes
Jul 13, 2015
GURGAON: A Gurgaon Arbitration Council (GAC) was constituted as ombudsman to resolve disputes between consumers and builders on Sunday at a meeting attended by builders, administration officials and RWAs.
'India-needs-to-invest-more-in-smart-building-technologies'-
Jun 24, 2015
NEW DELHI: The government, building owners and service providers need to invest more in smart building technologies to better serve India's rapidly urbanizing population and help create sustainable cities and infrastructure.
Real-estate-in-Telangana-still-sluggish
Jun 08, 2015
As Telangana reached its one-year milestone, the real estate sector in Hyderabad appears to have given up hopes of a quick recovery of fortunes and instead remains content with slow and incremental growth.
Government-will-not-compromise-on-basic-purpose-of-Land-Acquisition-Act:-Venkaiah-Naidu
Jun 07, 2015
Mumbai: The government will not compromise on the basic purpose of the Land Acquisition Act, Union Minister Venkaiah Naidu on Saturday said amid mounting criticism from the Opposition as well as its ally Shiv Sena on the controversial amendments to the Land Bill.
Property-cards-set-to-become-a-reality-soon-in-Bengaluru
Jun 05, 2015
BENGALURU: Finally, a tender to start the process of implementing a project that claims to guarantee property owners with one common card/certificate authenticating their ownership is ready to be floated.
Realty-firms-expect-a-spur-in-housing-demand-following-RBI's-rate-cut-
Jun 03, 2015
NEW DELHI: The Reserve Bank's decision to cut key interest rates is likely to reduce borrowing cost for both home buyers as well as developers leading to increase in housing demand, realty firms and consultants said today.
RBI-cuts-repo-rate-by-25-basis-points,-EMIs-likely-to-go-down
Jun 02, 2015
MUMBAI: The Reserve Bank Of India (RBI) cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest.
Property-prices-rise-10%-CAGR-in-4-years
May 14, 2015
The housing market has witnessed an upward trend in prices in the past 19 quarters, according to Reserve Bank of India’s (RBI) all-India Residential Property Price Index
Buyers-go-for-small-houses-in-Chennai
May 11, 2015
CHENNAI: Chennai seem to have changed their preference from large and medium sized houses to smaller ones
Smart-city-plan-for-New-Town
May 11, 2015
KOLKATA: The state government has handed over a concept plan to develop Rajarhat New Town as a smart green city
Housing-price-inflation-declines-to-4-year-low:-RBI
May 08, 2015
NEW DELHI: Housing price inflation has slipped to nearly four-year low to below 4 per cent, a survey by the Reserve Bank of India (RBI) said

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