Latest Realty News

South Delhi administration recovers land worth over Rs 100 crore
Sep 22, 2014
In a series of anti-encroachment drives carried out between August and September, the south Delhi administration has retrieved gram sabha land worth more than Rs 100 crore
Parsvnath sells 140 acres of land to Supertech for Rs 665 crore
Sep 21, 2014
Realty firm Parsvnath Developers has sold 140 acre land at Sohna, Gurgaon, to Supertech Ltd for Rs 665 crore as part of plans to divest non-core assets to cut debt and complete ongoing projects
Draft Proposal to Make Delhi Buildings 'Green'
Sep 18, 2014
The developers in the national capital will henceforth be required to ensure the setting up of ground water recharge system through rain water harvesting, recycling waste water, sewage treatment plant and solar heating systems in buildings constructed on plots measuring 3,000 sq m or more, according to the guidelines for ‘green’ buildings proposed in Master Plan of Delhi-2021
'Checks can't stop illegal construction'
Sep 18, 2014
Illegal constructions in the city can't be stopped by "inspector raj" even if the court provided 500 policemen to the corporations, South Delhi Municipal Corporation told the Delhi high court
Prohibited zones: Contempt notices to DCs for illegal construction
Sep 18, 2014
The Punjab and Haryana high court issued contempt notices to deputy commissioners (DCs) of Gurgaon and Faridabad and commissioners of the two municipal corporations for their failure to stop illegal construction in the prohibited zones around air force stations in the two cities
Green houses may soon get incentives
Sep 17, 2014
Green buildings in Delhi can soon expect incentives for incorporating eco-friendly design features
Homebuyers in HC against gag order
Sep 17, 2014
Stung by angry Facebook posts by unhappy customers, a Delhi-based real estate company got an interim gag order from Delhi high court
DDA amends policy, installing lifts now easier
Sep 16, 2014
Installing lifts at DDA apartment blocks in the capital is set to become easier with the Authority scrapping a clause requiring an affidavit stating that no modifications have been made to the building's terrace
Flat buyers register complaint with minister
Sep 16, 2014
Representatives of NEFOWA (Noida Extension Flat Owners Welfare Association) met Uttar Pradesh urban development minister Azam Khan on Monday and presented him a list of complaints about upcoming real estate projects in Greater Noida and Noida
Triumph for Robert Vadra as Delhi HC rejects PIL for CBI probe into Gurgaon land deals
Sep 16, 2014
The Delhi High Court today dismissed a PIL seeking a court-monitored CBI probe into various land deals allegedly entered into by Robert Vadra's firms
Noida Extn homebuyers protest 'extra charges'
Sep 15, 2014
Hundreds of flat buyers in Gaur City and Gaur City One met under the banner of Noida Extension Flat Owners Welfare Association (NEFOWA) on Sunday to protest the "additional charges" being allegedly charged by the realtor at the time of handing over apartments
19 million sq ft realty space unsold
Sep 15, 2014
The real estate market in Gurgaon has unsold inventory of nearly 19 million square feet, 28% of the total area under development, due to slowdown in demand and a surge in supply, according to the ratings agency, ICRA
Builders to pay more for power infrastructure
Sep 15, 2014
Private builders and developers will now have to pay Rs 10-15 lakh more as bank guarantee for power infrastructure
PCMC razes just 1% of illegal buildings
Sep 15, 2014
The Pimpri Chinchwad Municipal Corporation (PCMC), which has pulled down 680 of 66,000 unauthorized constructions in the past two years, is yet to receive government response on regularization of illegal buildings
NRI investments in realty sector may rise 35% this yr: Survey
Sep 13, 2014
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs, with Bangalore turning out to be the hot favourite, says an Assocham survey
DLF fined for harassing hapless businessman
Sep 13, 2014
Abeyant construction, delayed possession, hollow promises and helpless buyers. These seem to have become a common trait in the real estate industry in the city
Govt to amend rules, allow property tax refund claims
Sep 12, 2014
The state government has decided to amend its property tax policy, which is good news for taxpayers who have paid in excess if one takes into account recent policy changes
NGT stays change of land use in Mangar
Sep 12, 2014
The National Green Tribunal has issued a stay order on three real estate companies' attempts to change the land use pattern in parts of Mangar Bani, a sacred grove off the Gurgaon-Faridabad highway
Plot owners may get max 5 years to start construction
Sep 11, 2014
Landowners in Greater Noida will be hit hard if the Greater Noida Industrial Development Authority (GNIDA) changes its building bylaws
Activists file complaints against Muslim-only housing
Sep 10, 2014
The office of Property Consultant Group (PCG) at D-5 (second floor) in Noida's Sector 10 is fairly busy, with people dropping in to enquire about Gulistaan Golf View Heights, the recently launched upmarket housing project targeted exclusively at Muslims
2 lakh sqm govt land freed from squatters
Sep 10, 2014
Noida Authority on Tuesday freed 2 lakh sq metres of government land from illegal occupation along the Noida-Greater Noida main road
Illegal construction rampant on EWS plots
Sep 09, 2014
There seems to be no place for the poor in the Millennium City, though they have played an important role in its development
Noida home buyers write to PM Modi to notify eco sensitive zone soon
Sep 09, 2014
Following TOI report that the Centre's draft of the redrawn eco-sensitive zone around the Okhla bird sanctuary doesn't affect any realty project in the area, wave of hope has float among the home buyers and other major beneficiaries.
New Okhla eco zone plan spares Noida homebuyers
Sep 08, 2014
The hundreds of crores homebuyers have invested in Noida are safe. The Centre's draft of the redrawn eco-sensitive zone around the Okhla bird sanctuary doesn't affect any realty project in the area, a highly placed official in the UP government said
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

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