Latest Realty News

Thane, Navi Mumbai among realty hotspots: Report
Jun 25, 2013
MUMBAI: Thane and Navi Mumbai have been listed as “emerging investment hotspots” among eight locations across seven top Indian cities, according to a report released on June 21 by the Confederation of Indian Industry and Jones Lang LaSalle India.
Dissecting The Role Of Real Estate Regulator In India
Jun 25, 2013
KOLKATA: The Central Government Cabinet approved the Real Estate (Regulation & Development) Bill on 5 June 2013. The aim of the bill is to create a Real Estate Regulatory Authority and an Appellate Tribunal that will act as a watchdog for the housing sector, primarily towards protecting consumer interests while creating an alternative redress mechanism for any disputes that may arise.
Slowdown in real estate: Time for home buyers to go bargain hunting
Jun 25, 2013
DELHI:A slowdown in the real estate sector can spell opportunity for the prepared. Delhi-based publishers, Umraopati Ray, 30, and his wife PriyankaSaxena, also 30, own an apartment at PaschimVihar. As the slowdown in the National Capital Region (NCR) intensified, the young couple went hunting for good deals.
CHD Developers launches its Headquarters-CHD Sky One
Jun 24, 2013
DELHI: NCR will soon witness its own symbolic building, as CHD Developers Ltd., one of northern India’s most renowned developers are set to launch its headquarters ‘CHD Sky One’ in Dwarka Expressway. Poised to be an iconic building of India, Sky One will change the skyline of Dwarka Expressway with its stunning international design, setting a benchmark like no other.
Affordable properties in Ravet-Tathawade
Jun 24, 2013
PUNE: If you are looking for an affordable abode in Pune, the stretch from Ravet to Tathawade could well be your choice of destination. Starting from Ravet through Ravet Village Road, Kalewadi Main Road and finally Tathawade, one can find new residential projects by Lodha Group, Bhojwani Homes and Goel Ganga Developers, coming up in another two to three years.
Ulwe outperforms in the Uran-Ulwe stretch
Jun 24, 2013
MUMBAI: The long stretch from Uran to Ulwe in Navi Mumbai, covers many areas which have witnessed spurts of real estate development but the one area which has emerged as a clear favourite of developers and investors, is Ulwe.
Realty check: Major developers too picking up buyers’ interest tab
Jun 23, 2013
DELHI: To clear the stock of unsold homes, real-estate developers are willing to wait for 80 per cent of a property’s cost as long as the buyer is ready to pay 20 per cent upfront.
Buyers seek 2BHK units, developers build larger homes in Noida
Jun 22, 2013
BHUBANESWAR: How often do we come across a situation wherein supply in the real estate market is not aligned with market demands? The probable answer may be – several times. A similar situation looms large on the Noida realty market. There is a significant mismatch between demand and supply of different configurations. While 2BHK seems to be the preferred size for buyers, developers are largely building 3BHK units.
Maximum demand for 2BHKs in Dhanori
Jun 22, 2013
PUNE: Dhanori, located along the eastern side of Pune, is becoming a popular destination for those looking for 2BHK units. According to data with MagicBricks.com, in Dhanori, 2BHK apartments accounted for the maximum supply at 49 per cent during the Jan-Mar 2013 quarter.
Investment in Alwal appeals to residents of Hyderabad & Secunderabad
Jun 22, 2013
HYDERABAD: Alwal, a part of Greater Hyderabad Municipal Corporation is actually a residential neighbourhood of Secunderabad. Of late, Alwal is witnessing influx of people from the main parts of Hyderabad in search of peace, greenery and free flowing traffic.
Sainikpuri: A favoured residential destination
Jun 22, 2013
HYDERABAD: Lying in the north east zone of the State, Sainikpuri was originally a residential area preferred by retired army personnel. Today, it is considered, one the upcoming premium residential localities undergoing major real estate transformation.
South Mumbai property rates crash 30% as buyers miss the ‘view point’
Jun 22, 2013
MUMBAI: Marquee apartment buildings in south Mumbai with views to die for (of the sea, the Queen's Necklace, the Race Course) fetched its owners unheard-of prices till a few years ago. But not any more as new apartments which tend to block the views are depressing property values by up to 30%. The art deco Kamal Mahal, which was once the home of the Ambani and Godrej families, on Carmichael Road now has the high rise Imperial Towers by Shapoorji Pallonji on its east side blocking the view reside
Dilsukhnagar offers wide residential options
Jun 20, 2013
HYDERABAD: A part of the Greater Hyderabad Municipal Corporation, Dilsukhnagar is one of the well developed residential areas of Hyderabad. Markets, educational institutions, coaching and training centers, shopping malls and temples are a part of the established infrastructure.
Borivali West not viewed as a suburb anymore
Jun 20, 2013
MUMBAI: Borivali West, classified as one of the suburbs of Mumbai, grew by 22 per cent in the Jan-Mar 2013 quarter. The average price of the area today commands Rs 15,200 per sq ft. Properties in places like RM Bhattad Road, one of the best roads in Borivali West, fetch around Rs 18,500 per sq ft.
Demand for rental homes down as India Inc turns thrifty
Jun 20, 2013
MUMBAI/DELHI/BANGALORE: Demand for rented homes has halved and rents are down by 25% in several popular residential localities in Mumbai, Delhi and Bangalore, as India Inc tightens housing budgets in its battle against economic slowdown.
Towards better roadways in Pune
Jun 20, 2013
PUNE: There are often comparisons made between the infrastructure of Mumbai and Pune. The popular consensus seems to be that both cities are equally challenged as far as supportive infrastructure is concerned. This is inappropriate for two reasons – one, Mumbai’s growth pattern has been very different from Pune’s.
Nanded City township project plans urban organic agriculture
Jun 19, 2013
PUNE: Nanded City, a 700-acre integrated township being developed on the outskirts of Pune along the lines of Magarpatta City, plans to propagate the concept of urban organic agriculture.
Jones Lang LaSalle closes first round of realty fund
Jun 19, 2013
HYDERABAD:Jones Lang LaSalle’s Segregated Funds Group today announced the first closing of its maiden real estate fund in India, Residential Opportunities Fund – I (ROF – I).
Sectors 119 and 120 in Noida offer low rental values
Jun 18, 2013
DELHI: Are you looking for an affordable rental accommodation in Noida but are anxious about the rising rental values in the sub-city? You need not worry! Sectors 119 and 120 offer low rental values compared to several other residential localities in Noida.
NDMC eases rules for building plans
Jun 18, 2013
DELHI: In a major relief to property owners in north Delhi, the municipal corporation has announced self assessment amnesty for regularization of unauthorized construction in unauthorized regularized colonies. An order in this regard was issued by the North Delhi Municipal Corporation on 14th June.
A walk in the clouds
Jun 17, 2013
Mumbai: After checking out a dozen plush new residential properties, Nikita Chhatbar finally zeroed in on one. Interestingly, it was not the swimming pool, club house or gym that tipped the scales but a chance to go on her daily morning walk 300 feet above the ground.
5 reasons for investing in Tambaram East
Jun 14, 2013
CHENNAI: Tambaram, once mooted as Chennai’s satellite town, is today seeing high real estate activity. Situated in South Chennai, it has a mix of commercial and residential real estate and is divided into Tambaram East and Tambaram West. Many experts advise on investing in Tambaram East over the West.
Mixed land use for Noida, Greater Noida
Jun 14, 2013
DELHI: Mixed land use will soon be a reality in Noida, Greater Noida and Yamuna Expressway areas wherein commercial activities can be carried out from sectors earmarked for other uses like residential, institutional and industrial.
Levying TDS complicates the home buying process
Jun 14, 2013
MUMBAI: The Finance Bill 2013 has introduced a new Section 194 IA which provides that with effect from June 1, 2013, the buyer of property will have to deduct tax at source at one per cent from the payment to be made to the seller, if the sale consideration is Rs 50 lakhs or more.
WB civic bodies get highrise solar panel deadline
Jun 14, 2013
KOLKATA: Calcutta high court on 11th June directed all civic bodies in West Bengal, including the Kolkata Municipal Corporation (KMC), to ensure that all highrises install solar panels on their roofs within the next four months.

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