Latest Realty News

Hiranandani emerges as highest bidder for Hirco Plc’s township in Chennai
Mar 28, 2014
MUMBAI: Real estate developer Hiranandani Group has emerged as the highest bidder for Hirco Plc's township in Chennai which was auctioned by the lender Housing Development Finance CorporationBSE -1.85 % earlier this month to recover its dues, said three persons familiar with the development.
Godrej Properties adds new residential project in Chennai
Mar 28, 2014
MUMBAI: Mumbai based real estate developer Godrej Properties has entered into a partnership SSPDL Green Acres LLP to develop a residential project at Old Mahabalipuram Road (OMR), Chennai.
G L Raheja, real estate tycoon, passes away in Mumbai
Mar 19, 2014
MUMBAI: Real estate developer G L Raheja who created a Rs 11,000 crore construction firm run by him and his son passed away on Tuesday leaving behind an unfinished legal family battle over control.
‘Real estate prices will rise 5-15% over six months after elections’
Mar 18, 2014
MUMBAI:Probably the only real estate developer in Mumbai offering office space from 1,500 sq ft to 80,000 sq ft (on a single floor plate), the Marathon Group has managed to ride the slowdown in commercial real estate by pioneering the concept of small office spaces for start-ups and large floor plates for multi-national companies in the city.
Builders get notices for 'illegalities' in sale of flats
Feb 15, 2014
THANE: The Bombay high court bench of Justices S J Vazifdar and B P Colabawala recently issued notices to the state chief secretary, leading developers, Income-Tax and municipal commissioners of Thane and Mumbai seeking a response to social activist Vikrant Karnik's letter alleging illegalities in sale of flats.
Lodhas repay Rs 825-Cr debt through NCDs
Feb 11, 2014
MUMBAI: Realty developer Lodha Group has repaid debt worth Rs 825 crore it had raised by issuing non-convertible debentures in early 2012. Investors of these privately-placed debentures included retail investors and large institutions such as the Citigroup, Kotak Mahindra BankBSE 0.61 % and Deutsche Bank.
Capri Global to continue focusing on the residential real estate projects
Jan 22, 2014
MUMBAI: Capri Global Capital Ltd (CGCL), one of the country's leading non-deposits accepting, non-banking finance company, headquartered in Mumbai has entered into a deal with Monarch Universal Group to fund two residential developments in Roadpali, Kalamboli. Monarch Universal Group is a well-known developer with a track record of delivering residential and commercial projects primarily in Navi Mumbai area.
Nikhil Zaveri, owner of Rs 1,300-cr plot in Mumbai, is missing
Jan 15, 2014
MUMBAI: Nikhil Zaveri has been missing for more than a month. In a country where thousands of people fall through the cracks every year, this isn't remarkable in itself. Said to be in his 50s, Zaveri has Huntington's disease — a hereditary nerve disorder that can lead to progressive deterioration in cognitive functions and other psychiatric issues.
Bombay HC relief to real estate developer in trademark battle
Jan 13, 2014
MUMBAI: The Bombay high court has granted interim protection to a developer against trademark violation by another firm.
Bangalore likely to top country’s office space demand this year: Cushman & Wakefield
Jan 02, 2014
MUMBAI: India is likely to witness the second highest demand for office space in 2014 among the top 30 cities in the Asia-Pacific region, according to a report by property consultancy Cushman & Wakefield, which says Bangalore is expected to be the biggest market in the country due to the expansion of IT, ITeS and multinational companies.
Kolte-Patil Developers launches four projects in Pune
Sep 26, 2013
MUMBAI: Riding high on the demand for residential housing, Kolte-PatilBSE -1.09 % Developers today launched four mixed-use projects in Pune with investments up to Rs 450 crore.

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