Latest Realty News

Don’t let BMC alter status of reserved land: Bandra MLA
Jan 09, 2015
MUMBAI: BJP city unit chief Ashish Shelar wants CM Devendra Fadnavis to stop the civic body from accepting purchase notices for reserved Development Plan (DP) plots
After lacklustre 2013, big ticket land deals make a comeback
Jan 08, 2015
Mumbai: Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country’s commercial capital
Real Estate Developers rushing to get approval for projects in CRZ
Jan 06, 2015
Mumbai: Real Estate developers are approaching the Bombay High court to get their individual projects for high-rises along the coastline approved
Brick Eagle founder forays into realty development
Jan 06, 2015
Mumbai: Prabhat Ranjan, co-founder of Brick Eagle, a financial services platform for the affordable housing, has forayed into real estate development,
Rush for property registrations sees record stamp duty revenue
Jan 02, 2015
MUMBAI: The rush of buyers in Mumbai to get properties registered before the state's new ready reckoner regime came into effect on January 1
Home buyers in Mumbai to feel the pinch as ready reckoner rates increase
Jan 02, 2015
MUMBAI: Home buyers in Mumbai will pay more for their dream home
Godrej realty arm pact with G&B for project in Mumbai
Dec 30, 2014
Mumbai: Godrej Properties has inked a pact with Godrej & Boyce (G&B) to develop a mixed use project in Vikhroli, Mumbai
Activists slam BMC nod for highrises on narrower roads, warn of fire hazards
Dec 27, 2014
MUMBAI: BMC will allow 25-storey buildings on plots that can be accessed by two six-metre wide roads to facilitate movement of fire engines
MMRDA plan for taller buildings in BKC, Wadala shot down
Dec 19, 2014
MUMBAI: An MMRDA plan to earn additional revenue by offering greater vertical construction potential on its lands has not met with success as the civil aviation ministry has refused to relax height restrictions in BKC and Wadala
Cheap housing only at Naina: Builders
Dec 17, 2014
NAVI MUMBAI: The city builders, who have put up stalls at Credai-BANM's 15th property exhibition, say that they are expecting a turnover of approximately Rs 2,500 crore
Evicted for SCLR, families in fix as MMRDA reneges
Dec 16, 2014
MUMBAI: Sixty-four families who were promised 450 sq ft flats worth Rs 1.20 crore in Bandra-Kurla Complex in return for vacating their flats in two Kurla buildings to make way for the Santacruz-Chembur Link Road (SCLR) have been left in the lurch
Unrealistic government rules halt realty sales in SoBo
Dec 15, 2014
Navi Mumbai: Some strange norms in the state government's leasehold land policy have virtually halted the sale of flats in many part of south Mumbai
Mumbai builder to pay Rs 14 lakh for 5-year delay in handing over flat
Dec 15, 2014
MUMBAI: The state consumer commission last week directed a builder to pay a compensation of Rs 13.50 lakh
State government cuts red tape around land use
Dec 10, 2014
NAGPUR: No permission will be required from now for non-agricultural use of land situated in areas covered by the Development Plan of the Maharashtra Regional Town Planning Act, 1966
Collectors to take action on illegal constructions in rural areas
Dec 06, 2014
MUMBAI: The district collector will be responsible for action against illegal constructions in rural areas
Patel Engineering sells Mumbai land for Rs 300 crore
Dec 05, 2014
NEW DELHI: Patel Engineering has sold a 4-acre plot in Mumbai's central business district, Bandra Kurla Complex, for about Rs 300 crore
Essel Group acquires Rs 400 crore worth property in Mumbai
Dec 04, 2014
MUMBAI: The city's second-biggest ever office purchase marks stunning recovery from lows for its beleaguered commercial property market
Builders slam BMC’s diktat on sale of flats on basis of food, other preferences
Nov 29, 2014
MUMBAI: Builders slam BMC's general body resolution, seeking to stall construction permissions if any builder sells flats on grounds of caste, religion or food preferences
Property prices in MMR likely to correct by up to 20 pc:Survey
Nov 26, 2014
Mumbai: Piling up inventory and rising demand from home buyers may result in declines in property prices by nearly 20 per cent in the Mumbai metropolitan region (MMR)
Apartment rentals dip 30% in south Mumbai, south Delhi and Gurgaon
Nov 26, 2014
NEW DELHI: Apartment rentals in south Mumbai, south Delhi and Gurgaon have fallen by 20-30% in the last one year
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
Indiabulls Real Estate's debt rises 67% to Rs 5,083 crore
Nov 19, 2014
NEW DELHI: Indiabulls Real Estate's net debt has increased by 67% to Rs 5,083 crore mainly due to acquisition of prime property in Central London
Spike in realty fund raising, residential projects in focus
Nov 17, 2014
Mumbai: The real estate demand may not have revived across the country but that has not deterred investors to launch real estate funds mainly to invest in the residential projects
Maharashtra govt to simplify deemed conveyance for housing societies
Nov 14, 2014
Mumbai: Maharashtra government will simplify the 'Deemed Conveyance' procedures for convenience of the co-operative housing societies in the state
Building dept circulars must go online: HC
Nov 14, 2014
MUMBAI: The Bombay high court directed the BMC to be entirely transparent and place online all circulars issued by its building proposal department

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