Latest Realty News

Ansal API MD Pranav Ansal summoned by Delhi court
May 19, 2014
DELHI: Pranav Ansal, the managing director of real estate firm Ansal API, has been summoned by a district court in Delhi for allegedly cheating a former colleague of Rs 40 crore. According to the complaint, Suneal Mangal, who was inducted as director in Ansal's company Prime Maxi Mall Management for his experience in advertising and event management, signed an agreement with the company in 2005. Under this agreement, he was to be paid 9% of the increase in revenue of the mall management company
Groups of high networth individuals make the best of slowdown in home sales
May 08, 2014
DELHI: High networth individuals (HNIs) are making the best of the slowdown in home sales. With developers under pressure, groups of HNIs, usually close friends, are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts and built-to-suit payment plans.
6 investment hotspots along Delhi-Jaipur belt
Feb 01, 2014
DELHI: The 250-km stretch between Delhi and Jaipur has become a hotbed for real estate development, with areas like Manesar, Dharuhera, Bhiwadi, Neemrana, Kotputli and Alwar becoming the new catch words for investors.
Real estate boom takes toll on groundwater
Jan 03, 2014
DELHI: Noida and Greater Noida fall in the water-rich doab — lying between two confluent rivers — area. It has Yamuna’s catchment on the one side and Hindon on the other. Yet, mindless extraction of groundwater for massive construction has caused irreparable damage to the water table in New Delhi.

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