Latest Realty News

Centre to reply on DLF project
Dec 04, 2014
NEW DELHI: Under what circumstances was change of land use permitted to a dairy farm for residential purposes to benefit a project by realty giant DLF
Godrej Properties plans to double revenue from Gulf
Nov 25, 2014
Mumbai: Godrej Properties plans to double the share of its business from the Gulf region
Motilal Oswal realty arm raises Rs 440 crore
Nov 21, 2014
MUMBAI: Motilal Oswal Real Estate, an arm of Motilal Oswal Private Equity, has raised Rs 440 crore through its second property fund
Realty players’ profits rise as consumer sentiment improves
Nov 18, 2014
Mumbai: Muted growth continues for listed real estate players pan-India, with most companies reporting a marginal rise in net profit for the second quarter
Milestone Capital Advisors exits Godrej Properties Kolkata project for Rs 200 crore
Nov 03, 2014
MUMBAI: Real estate private equity firm Milestone Capital Advisors has sold its entire stake in Godrej Properties residential project Godrej Prakriti in Kolkata for Rs 200 crore
Idco to regularize land diversions for a price
Oct 28, 2014
BHUBANESWAR: Idco issued circular for regularisation of land encroachments
Godrej Properties adds new housing project in Mumbai
Oct 06, 2014
Realty firm Godrej Properties Ltd said it has entered into an agreement with a land owner to develop an affordable housing project near Mumbai
No-smoking boards must for new public buildings
Sep 30, 2014
The next time you approach the fire and emergency services department to get a no-objection certificate (NoC) for a new building that will house public facilities, make sure 'no-smoking' boards are installed in its key locations
Housing society can approach other builder for redevelopment: HC
Sep 16, 2014
There was no relief from the Bombay high court for Kalpataru Properties in a mega redevelopment project in Kandivli
LIC Housing Fin to focus on mortgages
Sep 13, 2014
LIC Housing Finance Ltd, promoted by the Life Insurance Corporation of India, is targeting to reduce its borrowings from the banks and focus more loan against properties (LAP)
Real estate revival may begin this festive season
Sep 07, 2014
This could be the beginning of a revival in the real estate sector. After two dry festival? seasons for property launches, developers are gearing up for action this time
Tenants move high court, seek denial of occupancy certificate for their rehab building
Sep 07, 2014
n a unique battle, tenants of a large plot in Tardeo have come to the Bombay high court to intervene and oppose a developer's demand for an occupancy certificate (OC) for their own rehabilitation building
BDA outsource move to fast track services
Sep 03, 2014
The Bhubaneswar Development Authority (BDA) has decided to outsource its public services, such as building plan approval, allotment of housing properties and issuing of occupancy certificates, to a private party
‘No occupation papers but forced to take flat’
Aug 19, 2014
Deepak (name changed) had invested in a 2-BHK apartment at Vatika India Next in Sector 82, hoping it would be his dream home in Millenium City with all modern facilities, while he lived in a rented pad in the capital. The project, however, has been delayed and he says he is now being forced to take possession without a grant of occupation certificate (OC)
Real estate trusts may tap Rs 90k cr in first year
Jun 14, 2014
MUMBAI: Real estate investment trusts (Reits), which are expected to get a green signal in the upcoming Budget, could open up a new source of funding for developers battling declining sales and high cost of funds.
Oshiwara is poised for growth in Mumbai
May 21, 2014
MUMBAI: Located between Jogeshwari and Goregaon, Oshiwara is the sovereign destination along with a superlative infrastructure setup and excellent connectivity to all parts of Mumbai.
Realty sector awaits booster dose
May 21, 2014
DELHI: Buyers—end users and investors—must make up their minds soon and enter the market, as prices are expected to appreciate once a new government is sworn in. A new, stable government will have a positive influence on the economic growth story, which has been sluggish in the past few months. With revival of the economy, the demand for real estate is expected to improve drastically, which would further lift the prices in the sector. Naturally, with the talk of a new government, all the stakeho
Infrastructure drives real estate along NH3
May 21, 2014
MUMBAI: Infrastructure growth has given impetus to the real estate market across India. The widening of the eastern express highway and construction of a number of flyovers on this stretch led to the increased accessibility of Thane and adjoining areas to south and central Mumbai, resulting in rapid development of Thane and adjoining areas. Similarly, the areas along the National Highway 3 (NH3) are also likely to see considerable transformation, due to its widening into a four-lane highway.
Good returns drive residential market of Golf Course Extension Road
May 15, 2014
DELHI: Golf Course Extension Road has been developing as a premier lifestyle destination for residential and commercial property owing to fast-paced infrastructural development and good connectivity to NH-8 and South Delhi through Gurgaon-Faridabad Expressway.
Ansal Properties to invest Rs 130 crore on SEZ development in Greater Noida
May 13, 2014
DELHI: Realty firm Ansal Properties and InfrastructureBSE 3.72 % has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction.
Post elections, realty demand to soar in Visakhapatnam
May 09, 2014
VISAKHAPATNAM: With the heat and dust of elections finally settling down, realtors in Seemandhra are heaving a sigh of relief. They have their fingers crossed that after the lean spell in April, the formation of a new, stable government at the Centre and an end to the much-prolonged bifurcation tangle will spur growth in the realty sector from June onwards.
BlackBerry to sell its Canadian real estate for $278 million
May 08, 2014
MUMBAI: Smartphone-maker BlackBerry will sell a majority of its real estate holdings in Canada to real estate investment firm Spear Street for about $278 million.
Realtors reducing land banks
May 08, 2014
DELHI: Land, the primary ingredient for a real estate firm, seems to be losing its shine as developers get into alliances with landowners to reduce their capital cost and push up margins.
Twin cities of Ahmedabad and Gandhinagar on the rise
May 08, 2014
AHMEDABAD: Ahmedabad’s property picture is very bright at the moment. The city is dragging its sister city on the same lines of boom, making Gandhinagar as one of the most viable options for property investment in the recent times. Major thrust has been provided to the twin city with the good network of BRTS connecting Ahmedabad and Gandhinagar.
NAREDCO’s Real Estate Management course concludes
May 06, 2014
MUMBAI: With 34 Certificate Courses already under its belt, NAREDCO organized the 35th Course, jointly once again with its technical partner HSMI, from 25th February to 14th March 2014 at HSMI, New Delhi. The course was flagged off by Brig (Retd) R R Singh, director general, NAREDCO in the presence of A N Krishnamurthy, executive director (Trg), HSMI at the Inaugural Session on 25th February. It was coordinated by Shri S C Rastogi, Dy DG, NAREDCO and Atul Shrivastav and Jeevan Sahota, both F

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