Latest Realty News

Indiabulls Real Estate rises after large bulk deal
Jul 10, 2014
DELHI: Indiabulls Real Estate rose 0.89% to Rs 86 at 14:13 IST on BSE after 2.29% equity changed hands in a bulk deal on BSE today, 9 July 2014.
Supertech verdict may lead to activism in real estate
May 02, 2014
DELHI: Sohan Mishra has been driven to wits' end over a real estate builder reneging on the delivery date of his dream house in Noida. A delay of over one-and-a-half years has forced him to extend his rent agreement. This has strained his finances, as he is also paying back his home loan in fixed monthly installments. However, there is now a glimmer of hope.
Buying a property? Pick one before elections are over
Apr 11, 2014
DELHI: Discounts and offers from real estate developers are common, but this Navaratra was extra special with builders going over the top—bigger discounts, a variety of flexi-payment plans and freebies to attract buyers. The reason? The property market is witnessing a glut. According to Cushman and Wakefield, there was a 12% drop in new launches in the top eight cities and yet the supply is more than demand. Prices have remained flat (even fallen in some specific pockets) for quite a few months,
Election code of conduct hits realty firms
Mar 13, 2014
DELHI: Real estate developers say they are facing cost escalation on several residential projects across cities as officials are holding back routine approvals citing the election code of conduct.
Tata Housing to invest Rs 1,200 cr in retirement homes
Mar 04, 2014
DELHI: Tata Housing today said it will invest Rs 1,200 crore over the next five years on developing 13 housing projects for senior citizens.
Panel for expansion of registration requirement of CERSAI
Jan 10, 2014
DELHI: A working group appointed by Central Registry, CERSAI, has advocated for expanding scope of registration to movable assets including jewellery as well.
Realtors expect positive sentiment from RBI's bold policy move
Dec 19, 2013
DELHI: Real estate developers and property consultants today hailed RBI's decision to not raise the key policy rates, saying that the bold move by the apex bank would infuse positive sentiments in the property market.
Conversion of land use disallowed
Dec 16, 2013
DELHI: The Supreme Court last week dismissed appeal of Oswal Agro Mills Ltd against the judgment of the Bombay High Court which had quashed the sanction accorded by the Municipal Corporation of Greater Mumbai for construction of a residential cum commercial complex in its land in Chembur, in the heart of the metropolis. The high court had asked the municipal commissioner to consider the objections raised by the Police Department, Ministry of Petroleum, Ministry of Environment and Intelligence Bu
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.
As real estate developers struggle to deliver, home buyers step up protests
Oct 03, 2013
NEW DELHI/CHENNAI: Annoyed with the delays in handing over properties and deficiencies in services, home buyers are protesting against real estate developers either through marches or through the social media.

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