Latest Realty News

Capt-Amarinder-Singh-gives-nod-to-notify-RERA-rules-in-Punjab
May 12, 2017
CHANDIGARH: Punjab Chief Minister Captain Amarinder Singh today gave the go-ahead for the notification of rules for implementation of RERA in the state.
Naidu-writes-to-CMs-for-proper-implementation-of-Realty-Act
May 02, 2017
NEW DELHI: On the day when the much-awaited Real Estate Act came into force, Union urban development minister M Vankaiah Naidu wrote to the state chief ministers saying that they should ensure quick a proper implementation of the Act.
Odisha-Cabinet-approves-Real-Estate-rules
Feb 24, 2017
BHUBANESWAR: The State Cabinet approved the Real Estate (Regulation and Development) rules, 2017 at its meeting on Wednesday, Housing and Urban Development Minister Pushpendra Singhdeo announced in the Assembly on Thursday.
Strong-rental-market-is-key-to-Chennai-realty’s-growth
Feb 22, 2017
Chennai has grown exponentially in recent decades. It attracts an endless sea of people who keep moving in to the city, primarily for career and educational prospects.
Home-buyers-can-directly-approach-NCDRC-against-builders-by-forming-registered-associations:-SC
Feb 22, 2017
NEW DELHI: Clearing the way for homebuyers planning to file complaints against builders in the National Consumer Disputes Redressal Commission (NCDRC) through an association route.
Piramal-Fund-Management-sanctions-Investments-of-around-INR-2000-Crore
Feb 15, 2017
15 February 2017 : Piramal Fund Management (PFM), the financial services division of Piramal Enterprises, has sanctioned investments worth approximately INR 2000 Crore within three months of launching Flexi Lease Rental Discounting (LRD) for completed commercial assets that include office and retail space.
Reliable-Rating-For-Developers-Launched
Jan 26, 2017
The launch of Genuine Reliability and Customer Satisfaction GRACS Star rating for developers by GharaBari.com would bring transparency in the realty sector.
Odisha-capital-city's-growth-linked-to-real-estate-developers
Jan 21, 2017
BHUBANESWAR: Real estate developers have contributed a lot for the fast development of the Capital City by providing facilities of metro life under one roof, said Vice-Chairman of Bhubaneswar Development Authority (BDA) Dr Krishan Kumar.
Credai-Odisha-to-hold-4-days--property-expo-from-12th-January-
Jan 05, 2017
Credai Odisha Chapter is going to hold 4 days property expo from 12th January to 15th January at Janata Maidan, Bhubaneswar.
Hyderabad-has-huge-potential-for-modern-retail:-Knight-Frank
Sep 08, 2016
Knight Frank India today launched the first edition of its report on Hyderabad retail sector titled – Hyderabad Retail: Unlocking the Potential. The reportlooks into the emerging trends in multi-channel retailing, shopping centers and new formats.
DLF-could-look-at-tweaking-residential-business-model-post-notification-of-RERA-rules-
Aug 31, 2016
NEW DELHI: real estate firm DLF is waiting for the final rules under the real estate regulatory act to be notified to see how it can tweak its business model going forward, said Saurabh Chawla, senior executive director (finance) at DLF during a call with analysts.
Revival-of-real-estate-sector-is-top-priority-of-the-government:-Ravi-Shankar-Prasad-
Aug 20, 2016
NEW DELHI: The government is willing to provide more incentives for the well-being of the real estate and construction sectors but it has to become more proactive and sensitive towards constructing low-cost housing with high quality for intended beneficiaries, said Ravi Shankar Prasad, minister of Law & Justice, Electronics & Information Technology.
Amaravathi-has-the-potential-to-become-a-world-class-city:-Knight-Frank-
Aug 09, 2016
Hyderabad, August 04, 2016: Knight Frank India, the leading global property consultants today released an exhaustive report on the two upcoming state capitals--Amaravathi & Naya Raipur.
Under-construction-flat-to-cost-more-after-GST-Bill-is-rolled-out
Aug 05, 2016
NEW DELHI: Prices of underconstruction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there.
GST-To-Benefit-Realty-Sector,-Lower-Tax-Burden:-Developers
Aug 04, 2016
New Delhi: Implementation of the Goods and Services Tax (GST) law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.
Home-buyers-left-in-lurch!-50,000-Noida-Extension-flats-ready-but-not-the-roads-
Jul 23, 2016
NOIDA: Possession of 50,000 flats is slated for this year-end in Noida Extension but lack of infrastructure and amenities like streetlights, roads, security, water connections and power supply is set to delay the handover.
Supreme-Court-Asks-Supertech-To-Deposit-Rs-5-Crore
Jul 20, 2016
New Delhi: The Supreme Court on Tuesday directed estate major Supertech to deposit Rs five crore in its Registry as part of a refund to homebuyers for a project. The Allahabad High Court had in the project ordered demolition of twin towers of Emerald Court in Noida, adjacent to the national capital.
Maharashtra-flat-buyers-can-now-file-a-police-complaint-against-builders-violating-norms-
Jul 04, 2016
The state police has directed police stations across Maharashtra to register complaints against errant builders who cheat flat buyers and violate building norms. Housing experts have welcomed the move--termed by CM Devendra Fadnavis as "a good decision" -but which the real estate industry finds 'disturbing'. In a circular issued last week, special inspector general of police Prabhat Kumar instructed police commissioners in the state to take action according to the provisions of law when people f
Home-buyers-seek-Real-Estate-(Regulation-and-Development)-Act-draft-rules-review-
Jul 02, 2016
NEW DELHI: A group of home buyers has claimed that the draft rules for the Real Estate (Regulation and Development) Act circulated by the government recently ignores the interest of buyers in ongoing housing projects and should be reconsidered.
7th-Pay-Commission:-Home-Sales-Likely-To-Improve,-Say-Realtors
Jun 30, 2016
New Delhi: Real estate industry bodies on Wednesday said housing sales are expected to improve following implementation of Seventh Pay Commission recommendations as prices have fallen in last few years because of a slowdown in the property market.
Relief-for-homebuyers!-Builders-may-have-to-pay-11%-interest-for-delayed-projects-
Jun 29, 2016
NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities.
'FDI-Reforms,-REIT-Rule-Relaxations-To-Boost-Realty-Sector'-
Jun 24, 2016
NEW DELHI: Reforms in FDI policy and relaxation of norms in Real Estate Investment Trusts (REITs) will benefit the realty sector, especially the commercial segment, property consultant CBRE today said.
Worli-In-South-Mumbai-New-Housing-Destination-For-Super-Rich:-Report
Jun 23, 2016
New Delhi: Worli in South Mumbai has become the new luxury residential destination for super-rich and celebrities with the likes of Virat Kohli, Akshay Kumar and business tycoon Ajay Piramal buying properties in this area, a report said.
Tata-Housing-sells-over-200-flats-in-Gurgaon-for-Rs-300-crore-
Jun 21, 2016
NEW DELHI: Realty firm Tata Housing has sold more than 200 flats for about Rs 300 crore in its residential project in Gurgaon.
Real-estate-developers-body-vows-to-oppose-corruption
Apr 19, 2016
Chennai: Confederation of Real Estate Developers' Association of India (Credai) Chennai chapter has called for increasing ease and reducing cost of doing business in the state. The developers' body has been raising concerns about corruption in the building plan approval process for some time, but this is the first time that the organization is confronting the state administration openly on the issue of corruption.

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