Latest Realty News

Supreme Court verdict on private forest to pave way for real estate development: Credai
Feb 04, 2014
MUMBAI: The Supreme Court's direction to the Maharashtra government to remove "private forest" tag attached to huge land parcels across the state is likely to give a push to development of real estate in such vacant areas, according to real estate developers' body Credai.
Home sales bounce back in December quarter, clocks 22% rise in top 6 cities
Feb 04, 2014
DELHI: After several quarters of tepid growth, home sales bounced back in the three months to December with a 22 per cent rise in top six cities, according to property research firm Liases Foras.
DDA to raise floor area ratio for hotels by up to 66%
Feb 04, 2014
DELHI: The Delhi Development Authority has decided to increase the cap on total floor area for hotels by up to 66 per cent, DDA vice chairman Balvinder Kumar said on Friday.
Supertech launches ‘Micasa’ in Bangalore
Feb 01, 2014
BANGALORE: Supertech Limited, North India’s leading real estate developer is now entering to the Southern part of India with its first project, Micasa in Bengaluru. Supertech today announced its first residential project in the city which will have ‘Spanish Styled apartments’ at Thanisandra Road in North Bengaluru.
Pune: KUL and GEMS Education to launch an international school
Jan 30, 2014
PUNE: Close on the heels of the success of best luxury project at Silicon India’s Pune Real Estate Awards 2014, Mumbai-Pune developer Kumar Urban Development Limited (KUL) along with GEMS Education today announced the launch of a world class international school GEMS Modern Academy(GMA) in Pune.
Realtor Tulsiani Group to invest Rs 2,000 crore in UP
Jan 30, 2014
LUCKNOW: Realtor Tulsiani Constructions and Developers Limited has planned to invest almost Rs 2,000 crore in Uttar Pradesh over the next 3-4 years. The investment would flow in its various residential and commercial projects either already underway or in pipeline.
'RBI's hike in key interest rate to hit property market'
Jan 29, 2014
DELHI: The Reserve Bank's hiking the key policy rate today will hit property sales, particularly in the residential segment, real estate developers said while expressing disappointment at the move.
'Teen Patti', drawing on real estate card game
Jan 29, 2014
KOLKATA: In a change of the theme of the Bollywood caper, which had featured the Big B and Ben Kingsley, the Bengali Teen Patti is quintessentially Kolkatan, as a crimer thriller starring the new Tolly heartthrob Ritwik and Puja Bose.
Jayanagar Deal Stuns Realty Biz
Jan 27, 2014
BANGALORE: A plot in Jayanagar 4th Block has just been sold for `55,000 a sq ft, leaving even the fabulously rich real estate sector gaping in disbelief.
Leela might get more time to complete debt restructuring
Jan 23, 2014
DELHI: Hospitality company Hotel Leelaventure is likely to get an extension for its corporate debt restructuring (CDR) exercise, scheduled to be completed by March.
Gurgaon real estate developers expect to recover from slowdown in 2014 with new government at centre
Jan 23, 2014
MUMBAI: The real estate sector, which showed sluggish business during the last year, has a lot of expectation from the year 2014. Though the players in Millennium City admit that they are expecting the growth only after the general elections, scheduled to be held in May, but still they are hopeful that their business will recover and will see new highs this year.
Construction cost to go up 12% in Bharuch
Jan 22, 2014
BHARUCH: Construction cost in Bharush is set to escalate by 12 per cent following the decision to increase the rates of construction material taken by Bharuch District Contractors Association on Thursday.
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.
Odiasha govt move to inflate housing cost by 2%
Jan 22, 2014
BHUBANESWAR: A latest government move is all set to inflate housing costs in the state by at least two per cent. The state government has recently revised the benchmark price of flats, raising it by a steep 32 per cent.
Supertech announced the launch of ‘The Romano’
Jan 21, 2014
NOIDA: Supertech Limited, India’s leading real estate developer, after successfully deliveringmany magnificent projects in Noida has announced the launch of another residential project ‘The Romano’ – Roman Style living in Sector 118, Noida. The project will be a perfect mélange of ancient glory and contemporary luxury.
Developers in quicksand as truckers continue stir
Jan 21, 2014
BANGALORE: It's been a month since sand truckers went on an indefinite strike across the state, affecting construction activity in Bangalore. Metro contractors are also struggling to get sand.
Realty picking up pace in Tier II cities
Jan 18, 2014
BANGALORE: Today the real estate sector is focusing on providing all amenities and comforts in both Tier I and Tier II cities. It has acquired many aspects of development across its sub-sectors. The commercial realty sector has turned into smart and eco-friendly structures. The retail sector is rapidly growing with dense show stores at high-end market locations. They differentiate their stores by investing in innovative formats ranging from food, discounts to convenience stores. The residential
To buy or not to buy in Ulwe
Jan 18, 2014
MUMBAI: Inspite of all the infrastructural delays in Ulwe, there seems to be a golden opportunity in this climate of subdued sentiments. Let me try to substantiate the rationale behind this line of reasoning:
Boom in Mumbai realty rates unsustainable: Study F
Jan 16, 2014
MUMBAI: An international research firm has stated that the city's property prices, which have increased nearly fourfold in the last decade, are unsustainable.
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.
Ten stocks that can return upto 50% in 2014
Jan 14, 2014
DELHI: The S&P BSE Sensex managed to bounce back on Monday even though the macro triggers remain muted with IIP data reflecting the underlying weakening production trend in the manufacturing sector. Today, the index is witnessing dull trade.
Burglars decamp with 5L worth property
Jan 13, 2014
HYDERABAD: Burglars gained entry into five houses and two shops at Kokapet on Saturday night and escaped with Rs 5 lakh worth property. The offenders broke into five flats and two shops at block number 5 of Rajiv Gruhakalpa Colony late on Saturday night. The inmates were not present at any of the seven places and property loss was reported from only one house.
Cognizant buys Hyderabad office space for Rs 112 crore
Jan 13, 2014
BANGALORE: Nasdaq-listed IT software firm Cognizant has bought a 11.04-acre land parcel that includes a 250,000 sqft operational office space facility in Hyderabad, from Bangalore-based technology park developer DivyaSree.
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.
Good interest for developing SEZ, non-SEZ areas in GIFT city
Jan 12, 2014
AHMEDABAD: Gujarat International Finance Tec-city (GIFT) today said national and international developers have shown interest for development of commercial and residential buildings in the GIFT city.

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