Latest Realty News

Kalyani Nagar-Koregaon Park: Redefining comfort and luxury in real estate
Jul 31, 2013
PUNE: The Kalyani Nagar-Koregaon Park belt is one of the prime centres for real estate development in Pune. Although the amenities differ from project to project, a number of properties are coming up with facilities including the following:
Creation of Telangana ends of uncertainty for city’s realty sector
Jul 31, 2013
HYDERABAD: After almost four years, Hyderabad’s real estate sector heaved a sigh of relief on July 30. With the commotion and chaos over separate statehood finally being given a burial and Telangana declared India’s 29th state, industry insiders said that their “long dry spell” was all set to come to an end now.
Procedure for registrar to bring defect to notice of society
Jul 24, 2013
PUNE: The procedures for the Registrar to bring defect, disclosed in inquiry or inspection to notice of the society is as follows:
No rebate on early property tax payments this year in Mumbai
Jul 23, 2013
MUMBAI: Procedural and technical delays have forced the civic body to cancel the proposed property tax rebate on early bill payments for 2013. The Early Bird Incentive Scheme will now be rolled out only for the financial years 2014-15 and 2015-16.
Luxury housing, redevelopment caters to demand in RA Puram
Jul 22, 2013
CHENNAI: Touted as one of the most-developed residential locations in Central Chennai, RA Puram is considered to be the ultimate residential abode in the city if one is looking for a well-connected and up-market yet calm area.
Mumbai: At the pinnacle of the luxury market
Jul 22, 2013
MUMBAI: Historically, Mumbai has not just been the financial capital of India but also the ‘luxury capital’ of the country. However, some people are critical of this assessment, pointing to the fact that luxury brands like Louis Vuitton or Gucci have spread to stores in other markets, as well. Nevertheless, when it comes to real estate, the city’s property market still commands a premium in India and also in the global context.
New land prices dampen Noida-Greater Noida’s realty
Jun 03, 2013
With the three development authorities of Noida, Greater Noida and Yamuna Expressway having revised their land prices, the dream to build or buy a house of one’s own has become costlier. These authorities have raised the land prices by up to 40% of their current rates.
104 villas for retirement community project announced
Mar 05, 2013
Real estate developer 'The Chennai Homes' today announced its first retirement community project 'Aishwaryam' comprising 104 fully furnished single bedroom independent villas.
Homestead Infrastructure launches 'Michael Schumacher World Tower' in Gurgaon
Oct 26, 2012
Homestead, the London-based real estate player and a pioneer in branded luxury residences, announced the launch of the ' Michael Schumacher World Tower' in Sector 109, Gurgaon. Spread over approximately 5 acres, this project will consist of 28 high rise floors and offer about 100 homes. Customers can choose from a range of sizes done in the most tasteful manner. These homes have high efficiency in terms of areas offered and have the best specifications offered till date.
Flat delivery failure: Ansal to pay Rs 14L
Oct 26, 2012
New Delhi: Ansal Landmark Township Pvt Ltd has been directed by a consumer forum here to refund Rs 13.33 lakh to a customer for failing to deliver him a two-room flat in time in its project "Sushant Royale" at Karnal in Haryana. The New Delhi District Consumer Disputes Redressal Forum also awarded a compensation of Rs one lakh to customer Rohit Dhingra for the harassment caused to him. Th
Housing sector may see some price correction: NHB
Oct 12, 2012
New Delhi : Housing finance firms' regulator NHB today said there may be "some price correction" in the housing segment as there is inventory build-up in some areas. "Such projects which are not selling on account of high price perception may see some price correction partly in the light of current downward revision in the housing loans," National Housing Bank (NHB) Chairman and Managing Direc
Noida sec 75, 120 construction stayed
Oct 04, 2012
Allahabad: Projects of at least 6 builders in Noida hit, petition says land wasn’t formally acquired from farmers. The Allahabad High Court on Wednesday stayed construction of multi-storey residential projects of nearly half a dozen private developers in Sector 75 and Sector 120 of Noida. The court took the decision while hearing of a petition, which alleged that the Noida Authority allotte
DDA asked to look into problem of unsafe buildings
Sep 24, 2012
New Delhi : With a survey by Central Building Research Institute finding that 70 per cent of buildings on the Yamuna floodplains were structurally unsafe, Delhi LG Tejinder Khanna has asked DDA to form a specific unit to deal with this problem. Khanna, who is also the Chairman of DDA, said the survey found that 70 percent of houses on the Yamuna flood plains were "unsafe structurally" and coul
Housing projects in Hyderabad decline 75 per cent
Sep 06, 2012
Hyderabad: New residential project launches in the city declined by nearly 75 per cent to 1,500 units in the first half of 2012 over the year-ago period, according to a report by real estate consultant Cushman & Wakefield (C&W). "The total number of new residential units launched was approximately 1,500 units in first half of 2012 compared to over 6,000 new project launches during the same period
Realtors hopeful of govt help to lower funding costs
Aug 30, 2012
New Delhi: Real estate developers' apex body CREDAI today said the government has assured that it will look into the problems of the realty players and work towards lowering the cost of funding by banks and other lenders. The real estate sector has been demanding for a long time steps by the government towards reduction in cost of financing for it, saying such initiatives were necessary for prope

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