Latest Realty News

Global IT firms hunt for properties in Indian cities to expand business
Dec 07, 2013
BANGALORE: Multinational information technology companies are on a property hunting spree across major Indian cities as they expand offices and hire more people to run them. The brisk investment flow has come as a blessing for the real estate sector, which has been struggling with falling sales and rising inventories for the last two year
Realtors keen on getting projects rated: Crisil
Dec 04, 2013
KOCHI: Several real estate developers are showing interest in partnering with Crisil Ratings to obtain certification prior to showcasing their projects before customers, Sachin Nigam, Senior Director – SME Ratings, Crisil Ltd, has said.
Natuzzi to expand India presence
Dec 02, 2013
HYDERABAD: Italian luxury brand Natuzzi plans to expand presence across 15 more stores in India over the next one year, according to its Country Manager Nitin Bahl.
Luxury comes for a price; Elevate brings together marquee brands under one roof
Dec 02, 2013
HYDERABAD: That luxury comes at a price is amply demonstrated at Elevate, a one-stop designer hub for furniture and kitchens.
Buildings to be made friendly for disabled
Dec 02, 2013
BHUBANESWAR: With International Day for Persons with Disabilities being observed on December 3, citizens' groups and experts have advocated barrier-free access facilities for disabled persons at public buildings like offices, shopping malls, healthcare institutions, banks, community and religious institutions in the city.
Wipro and Bangalore civic body row may land in court
Nov 29, 2013
BANGALORE: The dispute between Wipro and Bangalore city authorities has erupted again with both planning to approach the courts over property tax that the city's civic body claims the technology services company owes it.
Milestone Capital plans to raise Rs 500 crore real estate fund in January
Nov 29, 2013
MUMBAI/BANGALORE: Private equity firm Milestone Capital Advisors is planning to raise a Rs 500-crore real estate fund, which will be launched in January and will have a greenshoe option of additional Rs 250 crore.
Meerut: Fast becoming a preferred realty hotspot
Nov 23, 2013
DELHI: Of late, all major developers have begun to re-align their positions and enter unexplored territories. Meerut is one of those cities which have now become a preferred destination for numerous reputed developers in the country. This seems to be a wise move as the skyrocketing property prices and space crunch in the metros have made project execution a costly affair. Also the recent developments in terms of connectivity and infrastructure have added advantage in making a choice of place lik
Diamond merchant Dilipkumar Lakhi buys Cadbury House for Rs 350 crore
Nov 20, 2013
MUMBAI: A Mumbai-based diamond merchant has bought Cadbury House, a popular South Mumbai landmark for around Rs 350 crore, said three persons familiar with the development.
Ascendas to invest Rs 3,000 cr in Indian cities
Nov 20, 2013
CHENNAI: Singapore-based commercial space developer Ascendas Pte Ltd has launched the Ascendas India Growth Programme, targeting an asset size of over Rs 3,000 crore (S$600 million) to invest in commercial space in major Indian cities, according to a press release from the company.
Technology driven construction for real estate developers
Nov 18, 2013
DELHI: Engineering in the real estate segment has expedited real estate players to develop propelled national and global infrastructures.
Essential questions that home buyers must ask their real estate developer
Nov 15, 2013
DELHI: Buying an apartment is fraught with risks. From choosing the right builder to ensuring that he is the actual owner of the land on which he is developing the project, there are many issues that you need to look into before deciding to put your life's savings in a builder's project.
Parsvnath to build township at Gurgaon-Sohna road for Rs 1,100 cr
Nov 13, 2013
DELHI: Parsvnath DevelopersBSE -1.34 % will invest Rs 1,100 crore over the next four years to develop a large, integrated township on Gurgaon-Sohna road.
Real Value Promoters launches super luxury project--Czar
Nov 12, 2013
CHENNAI: Real estate developer Real Value Promoters today announced its upcoming luxury project -- Czar's to be set up in the city.
Stamp duty hike move irks realtors
Nov 12, 2013
BHUBANESWAR: The state government's decision to amend the Indian Stamp Act has drawn flak from real estate developers and builders, who say it would lead to 'double taxation'.
Essential questions that home buyers must ask their real estate developer
Nov 11, 2013
DELHI: Buying an apartment is fraught with risks. From choosing the right builder to ensuring that he is the actual owner of the land on which he is developing the project, there are many issues that you need to look into before deciding to put your life's savings in a builder's project.
Parsvnath looks to monetise land assets in southwest region
Nov 07, 2013
DELHI: Realty firm Parsvnath DevelopersBSE -0.38 % today said it plans to monetise non-core land parcel in South- West India either through joint ventures with local builders or outright sale of plots.
DLF profit falls 27%, hit by slowing home sales
Oct 31, 2013
MUMBAI: DLF LtdBSE -0.07 %, country's top real estate developer, posted a 27 per cent fall in its consolidated net profit for the July-September quarter, hit by slowing home sales in Asia's third-largest economy.
Flood effect: Realty sector hit as workers in short supply
Oct 30, 2013
BHUBANESWAR: Realtors are keeping their fingers crossed about the impact cyclone Phailin and the subsequent floods are likely to have on the real estate sector.
3-day real estate show gets under way in Hyderabad
Oct 28, 2013
HYDERABAD: Leading property developers, housing finance institutions and banks are taking part in the three-day Property Show 2013, which got underway here on Friday.
Urban mess floods real estate hub
Oct 27, 2013
BHUBANESWAR: Raghunathpur near Patia is fast gaining the notoriety of Sundarpada, which is infamous for waterlogging at compounds of highrises and apartments due to unplanned construction.
Kalpataru Group, Oberoi Realty, Runwal Group and Lodha Group in final lap for Clariant's plot
Oct 22, 2013
MUMBAI: Speciality chemicals maker Clariant Chemicals has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane, three people familiar with the development said.
Property expo begins, SRA looks to woo ‘reputed’ builders
Oct 21, 2013
MUMBAI: Even AS developers are busy trying to attract buyers at the annual property exhibition of the Maharashtra Chamber of Housing Industry (MCHI), the Slum Rehabilitation Authority (SRA), too, has set up its own stall to target big and reputed builders.
Build on a decent foundation
Oct 19, 2013
MUMBAI: The Securities and Exchange Board of India (SEBI) has put up SEBI (Real Estate Investment Trust) Regulations, 2013 for public comments.
Commerce Ministry amends norms to prevent misuse of SEZ land
Oct 16, 2013
DELHI: Developers seeking to surrender special economic zones will have to give an undertaking that the land will be used in accordance with the recently amended guidelines so as to prevent its misuse.

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