Latest Realty News

Good-news-for-property-buyers!-Cabinet-nod-for-amendments-to-Real-Estate-Bill
Apr 08, 2015
MUMBAI: The Union Cabinet has approved the Real Estate Development and Regulation Bill
Review decision will hurt realty sector: Devendra Fadnavis
Nov 25, 2014
Mumbai: Chief minister Devendra Fadnavis' decision to review all major property development projects cleared during the last four to six months of the previous government has put the sector in a fix
Haryana Urban Development Authority houses 60% cheaper than DDA’s: Experts
Nov 12, 2014
NEW DELHI: Even as more than 10 lakh applicants continue to wait for the lucky draw results for 25,000 housing units Delhi Development Authority (DDA) housing scheme, real estate experts feel there is no need for despair for those who miss the opportunity
Borrowers with higher credit score have more chance for loan
May 22, 2014
COIMBATORE: Borrowers with a credit score of 700 and above have a higher chance of getting their loan and credit card applications approved by banks, according to a study by Credit Information Bureau (India) Ltd (CIBIL).
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.
MIAL raises Rs 1,400 cr to fund capex plan
May 08, 2014
MUMBAI: Mumbai International Airport Ltd (MIAL) has raised Rs 1,400 crore of long-term debt from Axis Bank and IDBI Bank for capital expenditure and repayment of debt.
From a mofussil town to engine of growth
Apr 30, 2014
LUCKNOW: A decade ago, it took about an hour's drive from Lucknow to reach a mofussil town on its outskirts. There were no signs of any urban rub-off in the area. Instead, it was marked by dust, patchy roads and barren stretches. That was Mohanlalganj, a rural parliamentary segment situated on Lucknow's periphery.
Land prices in Mumbai touch new high
Apr 14, 2014
MUMBAI: Acute land shortage in Mumbai has led to a ridiculous situation where plots fetch astronomical rates. On Monday, a 25-acre sprawl belonging to Tata Steel in the suburban Mumbai invited the highest bid of Rs 1,155 crore. Over the past decade, as the housing shortage became more severe, the city recorded phenomenal property transactions. Fours years ago, a land parcel sold for over Rs 4,000 crore, a national record of sorts.
Mumbai’s Eastern Suburbs: Infrastructure leads development
Mar 29, 2014
MUMBAI: The Mumbai Development Plan of 1991 was instrumental in bringing about key infrastructure projects for decongesting the city center and promoting a transit-oriented development pattern. Consequently, the city’s eastern suburbs of Chembur, Powai, Kanjurmarg, Ghatkopar, Kurla, Bhandup and Mulund had benefited immensely from these policy measures. Areas that had once been characterised by unorganised development and industrial zones, underwent a noticeable transformation.
Godrej Properties jumps after adding new project in Vikhroli
Mar 12, 2014
NAVI MUMBAI: Godrej Properties jumped 5.50% to Rs 180.30 at 13:36 IST on BSE after the company said it will develop a new project in Vikhroli through its agreement with Godrej & Boyce.
Prestige Estates slips on profit booking
Mar 08, 2014
DELHI: Prestige Estates Projects fell 2.60% to Rs 159.10 at 10:40 IST on BSE on profit booking after the stock surged 23.66% in the preceding four trading sessions to Rs 163.35 on 6 March 2014, from a recent low of Rs 132.10 on 28 February 2014.
Apartment hunt at this FAIR!
Feb 19, 2014
CHENNAI: With property pundits forecasting a rise in real estate prices post the elections, FAIRPRO 2014 is looking to give people a shot at buying their dream home at the best prices available now. “Post election, there might be drastic changes in the market. By the end of year 2014, we expect at least 15 to 20 per cent increase in the rates. So this is the best time as people are waiting to invest their money in properties,” said Suresh Krishn, Secretary, CREDAI Chennai, on Tuesday.
India Inc's capital costs sail northwards: EY survey
Feb 17, 2014
DELHI: Corporates in India are incurring increased cost of capital unlike the developed world, mainly due to higher interest rates, says a survey.
Govt destroying Aravali green cover to push realty: Activists
Feb 17, 2014
DELHI: Environmental activists have alleged large-scale felling of trees in the Aravalis, particularly in Mangar and Roz Ka Gujjar, as the Haryana Government pushes hard to get its revised sub-regional plan approved by the NCR Planning Board. The activists allege the ploy behind clearing of forests is to project that many areas in this region have no vegetation.
Mega business district for Mumbai, courtesy MIAL
Feb 11, 2014
MUMBAI: Mumbai is getting ready for yet another business district in an area that would be bigger than Bandra-Kurla Complex, which is home to a host of marquee names in business. Known as the GVK Skycity, the area surrounding the swanky new T2 terminal in Sahar and built by the GVK group's Mumbai Airport International Ltd (MIAL), will have 20 million sq ft of commercial space that will be bid out.
Ansal Properties drops after poor Q3 outcome
Feb 11, 2014
MUMBAI: Ansal Properties & Infrastructure lost 3.39% to Rs 19.95 at 11:52 IST on BSE after consolidated net profit fell 90.66% to Rs 1.48 crore on 3.81% decline in sales & operating income to Rs 267.09 crore in Q3 December 2013 over Q3 December 2012.
How infrastructure is crucial in real estate
Feb 03, 2014
DELHI: We keep hearing ‘infrastructure bottleneck’ quite frequently in the real estate sector. To most of us, it mostly refers to adequate roads and flyovers. Infrastructure is a lot more than mere roads and flyovers. It is the backbone on which towns and cities are planned and built. It covers road connectivity, rail network (both metro and mono rail), public transportation, hospitals, adequate number of schools and colleges, water supply, electricity, telecom, a proper market yard and retail
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.
6 investment hotspots along Delhi-Jaipur belt
Jan 31, 2014
JAIPUR: The 250-kilometer 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 catchwords for investors.
Facelift takes backseat
Jan 22, 2014
BHUBANESWAR: Several areas in ward No. 1 are deprived of basic civic facilities, including road, drains and sewerage.
Ahmedabad real estate: Steady march towards growth
Jan 13, 2014
AHMEDABAD: Ahmedabad’s real estate market is on an upswing because of to the huge growth of its industrial sector and the overall high rate of development, both in commercial and residential terms. It is the largest city of Gujarat, and also its commercial capital. It is the hub of the textile, pharmaceutical and chemical industries. Apart from being a well-established education centre (with national institutes like IIM, NID and CEPT) Ahmedabad has also established itself as a major IT/ITeS and
70,000 apply for 248 CMDA subsidised plots
Jan 13, 2014
CHENNAI: Applicants thronged the CMDA office at Egmore as the last day for registration for CMDA-approved plots came to an end on Monday.
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.
Indiareit Fund Advisors pares down offshore fund corpus to half
Jan 02, 2014
MUMBAI: Indiareit Fund Advisors, the real estate-focussed private equity arm of Piramal Enterprises, has cut the corpus of its $500-million (around Rs 3,090 crore) offshore fund by half, citing the overall slowdown in the sector and tough regulations as reasons.

Latest Realty News Of State

Realty Talk's