Latest Realty News

DLF-could-look-at-tweaking-residential-business-model-post-notification-of-RERA-rules-
Aug 31, 2016
NEW DELHI: real estate firm DLF is waiting for the final rules under the real estate regulatory act to be notified to see how it can tweak its business model going forward, said Saurabh Chawla, senior executive director (finance) at DLF during a call with analysts.
Realtors expect revival in property mkt
May 17, 2014
DELHI: Hailing clear majority for Narendra Modi-led BJP in the polls, real estate experts today said a stable government at the Centre will help revive the property market.
Now, Pay Your Taxes, Utility Bills at e-Service Centres
Mar 25, 2014
CHENNAI: Chief Minister J Jayalalithaa has inaugurated the first phase of a pilot project to set up a single window system for the payment of a number of taxes, fees and public utility bills.
Fancy things that your real estate agent might tell you
Mar 07, 2014
DELHI: When investing in a real estate property, a real estate agent might prove to be a really valuable asset. However, if you don't keep your eyes and ears open, you might end up ruining your investment. Ankit is a regular investor in the real estate industry and has been buying properties for some time now.
Biggies to buy into Shriram realty projects
Jan 14, 2014
BANGALORE: Textile major Arvind Ltd CMD Sanjay Lalbhai and a real estate fund of Aditya Birla are buying stakes in separate development projects of Shriram Properties, the unlisted real estate arm of the $10 billion Shriram Group, as marquee India Inc investors are tapping credible corporate names in the property market.
Corporation of Chennai off tax target, infra spend may be hit
Jan 14, 2014
CHENNAI: Cash-strapped Corporation of Chennai doesn't have the funds to pay the salaries of contract workers but it is set to fall short of its property tax revenue target for a second successive year.
76,000 govt properties encroached upon
Jan 09, 2014
NASHIK: 'Chavadi vachan' - the process of reading out records publicly at the village level - carried out by the district administration has revealed that 7,619 government properties were encroached upon by individuals and groups, against which, the administration has initiated action. The chavdi vachan programme has, in fact, helped the administration more than the people in general.
Malayalam singer accuses man of property fraud
Dec 09, 2013
CHENNAI: Police raided a Vadapalani hotel room on Friday night after a Malayalam playback singer alleged that the man who had grabbed his property was staying there. However, the accused had left by the time police arrived.
Investors stuck with their realty assets due to poor demand
Dec 05, 2013
KOLKATA: Short to middle-term parking of investible surplus is beginning to be quite a problem for that breed of near-faceless individual businessmen who look for suitable assets to invest in only to exit with a decent profit as soon as they can. There are hundreds like these across the country and their favourite parking slots are equities, gold and real estate.
Sahara’s properties overvalued, SEBI tells apex court
Nov 21, 2013
DELHI: The Securities and Exchange Board of India told the Supreme Court on Wednesday that Sahara group overvalued its properties and did not hand over all original title deeds of assets worth Rs 20,000 crore as per its direction.
Reliance Industries Ltd to go slow on 720,000-sq-ft Alaknanda mall following strong protests
Aug 08, 2013
DELHI: Reliance Industries Ltd (RIL), the country's largest privately owned company, has decided to go slow on its plans of constructing a gigantic 720,000 sq ft mall in a residential colony in south Delhi, following protests from an assorted group of upper middle class professionals who live there.
Steps to take if a tenant refuses to vacate
Aug 06, 2013
DELHI: When it comes to the relationship between a property owner and a tenant, it’s best to be safe than sorry. Yet, hasty decisions, cutting corners and blindly trusting brokers are the reasons for many a legal battle waged by landowners against rogue tenants. Take the case of Mumbai-based Merlyn D’Souza.
Link road will enhance the prospects of real estate in Ghaziabad
Aug 01, 2013
DELHI: Ghaziabad’s realty market has got a big boost from one more connectivity project. Resumption of work on the 22km-long link road between Greater Noida and Ghaziabad has raised hopes of developers and buyers in both the areas, as the link road connects the buzzing Zeta sector in Greater Noida with the Vijay Nagar bypass on NH-24.
Private equity investment in realty drops 46% in first half to Rs 1,638 crore
Jul 30, 2013
DELHI: Private equity investment in the real estate sector fell by 46 per cent to $ 276 million in the first half of 2013 due to lack of good projects and weak sentiments, property consultant Cushman & Wakefield said.
How to buy a flat and not lose sleep
Jul 24, 2013
DELHI: Most middle class people in the country dream of owning a house. Also, investing money in real estate is always rewarding. But since the government is yet to prepare an ownership registry of all the properties in the country, in many cases, the title of a property is not clear. Besides, as there is no clear land acquisition policy, a real estate project can run into trouble and the dream sour quickly. Besides, multiple agencies are required to give approvals before a project can take off
A regulator to ease your concerns
Jun 06, 2013
MUMBAI: Real estate buyers probably did not have too many options but to seek redressal of their grievances through consumer forums. Even then, buyer agreements were always favourably tilted towards the developer and often against a buyer's interest. Now with the Cabinet clearing the Real Estate (Regulation and Development) Bill, not only will builders' disclosures and transparency on projects increase, it will also allay buyers' fears and concerns, and speedily redress grievances.

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