Latest Realty News

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.
Dec 10, 2015
New Delhi: The government on Wednesday reached out to the Opposition including the Congress by agreeing to incorporate in the Real Estate (Regulation and Development) Bill 2015, a provision requiring real estate developers to deposit 70 per cent of the project cost in a separate escrow account.
Jul 21, 2015
SHIMLA: The Himachal Pradesh government has made seeking prior approval mandatory before registration of a plot's sale deed. In order to ensure the planned and regulated development in all areas, the state government has decided to ensure strict enforcement of the Town and Country Planning Act and its rules
Jun 01, 2015
DUBAI: An Abu Dhabi-based real estate company has formed a strategic partnership with an Indian construction firm to establish 'Smart City' projects in India.
Apr 08, 2015
MUMBAI: The Union Cabinet has approved the Real Estate Development and Regulation Bill
Meet the new age landlords
Jan 14, 2015
Mumbai: Several new names such as Lodha, Runwal and Piramal in Mumbai and ATS, 3C, and Supertech in the national capital region have bought the highest number of land parcels in the past couple of years
Hyderabad realty lags, but looks set for revival
Jan 08, 2015
HYDERABAD: The real estate sector in Hyderabad, which continues to lag with tepid sales volumes, is set to transition to a growth phase
Real estate developers oppose GO 398
Dec 02, 2014
Vijayawada: Andhra Pradesh Real Estate Developer’s Association (APREDA) took strong exception to a portion of the GO 398 issued by the State government
Review decision will hurt realty sector: Devendra Fadnavis
Nov 25, 2014
Mumbai: Chief minister Devendra Fadnavis' decision to review all major property development projects cleared during the last four to six months of the previous government has put the sector in a fix
Haryana Urban Development Authority houses 60% cheaper than DDA’s: Experts
Nov 12, 2014
NEW DELHI: Even as more than 10 lakh applicants continue to wait for the lucky draw results for 25,000 housing units Delhi Development Authority (DDA) housing scheme, real estate experts feel there is no need for despair for those who miss the opportunity
Hyderabad realty sector in doldrums
Oct 27, 2014
HYDERABAD: Six years post the global recession, Hyderabad's realty story continues to be bleak
No takers for ‘easy’ schemes by desperate developers
Oct 24, 2014
Mumbai: In a bid to beat their blues in the slackened realty market, developers in Mumbai are trying to make the most of the festive season by dangling lucrative easy payment schemes
Allotment delayed, EWS flats rot
Oct 21, 2014
NEW DELHI: Neglect has taken a toll on many of the 14,000 flats erected for EWS (economically weaker sections) at Bawana-Narela into zones marked out as relocation sites for slum dwellers
Treda property show begins in Hyderabad
Oct 18, 2014
Hyderabad: The three-day property show by Telangana Real Estate Developers Association (Treda) began
JLL to release white paper on Hyderabad real estate
Oct 14, 2014
Real Estate market consultant JLL will release a white paper on the growth opportunities in the Hyderabad real estate market, later this week
51st Edition of 'Gruhapravesh'- India's Biggest Property Show in Noida this October
Oct 11, 2014
Gruhapravesh comes back to Noida this year with its 51st edition following the ongoing festive season across the country
Late delivery, errant builders leave buyers flat-broke in Mumbai
Oct 06, 2014
In central Mumbai, buyers who booked flats worth Rs 20-50 crore are still waiting for their homes because the project is stuck in litigation for the past three years
Raining discounts for property buyers this season
Oct 06, 2014
The realty market has been abuzz with activity this festival season. Discounts, freebies, various financing schemes and advertisements across various media are making buyers sit up and look for the best deal
Flat-owners urge Centre to draft new builder-buyer pact
Oct 06, 2014
Apartment owners in Ghaziabad have asked the Union ministry of urban development to formulate a 'model builder-buyer agreement' that reduces disputes and litigations in housing projects in the city
Realtors Unhappy Over Status Quo in RBI Monetary Policy
Oct 01, 2014
The Confederation of Real Estate Developers' Associations of India (CREDAI), the apex body of realtors in the country, expressed disappointment over the Reserve Bank's policy to keep key rates unchanged
Buyers to move court after builder refuses to pay back
Sep 28, 2014
More than three months after the district consumer forum directed a city-based property developer to pay as compensation nearly Rs 67 lakh to 44 flat buyers, the residents have decided to move the court again next week for execution of the order as the builder has not yet complied with it
Realty firm Anant Raj sells subsidiary Greatway Estates for Rs 304 crore
Sep 27, 2014
Realty firm Anant Raj Ltd announced sale of its wholly-owned subsidiary Greatway Estates Ltd for Rs 304.12 crore
Lotus Greens to build 4 realty projects; eyes Rs 4,400cr sales
Sep 23, 2014
Real estate firm Lotus Greens Developers today said it will build four new projects in the national capital region with expected sales of Rs 4,400 crore over the next four years
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
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

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