Latest Realty News

Vigneshwara Group MD booked for alleged fraud
May 23, 2014
GURGAON: The managing director of real estate company Vigneshwara Group and two of his family members have been booked by Gurgaon Police in a multi-crore fraud case. Some estimates put the scale of the fraud at more than Rs 1,000 crore.
Realty sector awaits booster dose
May 21, 2014
DELHI: Buyers—end users and investors—must make up their minds soon and enter the market, as prices are expected to appreciate once a new government is sworn in. A new, stable government will have a positive influence on the economic growth story, which has been sluggish in the past few months. With revival of the economy, the demand for real estate is expected to improve drastically, which would further lift the prices in the sector. Naturally, with the talk of a new government, all the stakeho
Inventory of unsold homes up 4.85% in January-March quarter at 7,34,000 units
May 19, 2014
DELHI: The inventory of unsold homes in the top cities has risen 4.85% in the January-March quarter to 7,34,000 apartments from just over 7,00,000 apartments in the previous quarter on the back of tepid sales and over 700 new residential projects being launched across the country, says a report by property research firm Liases Foras.
Realty players see better days
May 18, 2014
DELHI: Even before Narendra Modi has taken the oath of the office, real estate players have drawn out their wish list.
BJP may make retail FDI more investor-friendly
May 16, 2014
DELHI: Contrary to the perception that a Bharatiya Janata Party (BJP)-led government might prohibit foreign direct investment (FDI) in sectors like multi-brand retail, senior bureaucrats believe the FDI regime could be further opened up.
Real estate majors' stocks crack under political pressure
May 02, 2014
DELHI: Shares of New Delhi-based realty majors DLF and Unitech came under heavy selling pressure on Wednesday, falling eight per cent each, the most in three months.
The real cost of freebies
Apr 07, 2014
DELHI: Indians always await an auspicious time to conduct financial transactions, especially the purchase of assets including real estate — so, what time would be more opportune than festival seasons like Navaratra in March-April and in October-November, which extends up to Diwali and further on to Christmas.
Delhi-NCR outlook promising in 2014
Apr 03, 2014
DELHI: Hyman Minsky, the noted American economist, linked an economy's life cycle with speculative investment bubbles which are endogenous to it. He stated that during prosperous times when the economy booms, corporate cash flows rise higher than corporate debts, and this leads to speculative euphoria.
NCR realtors to clear stock this navratri season
Apr 03, 2014
DELHI: THIS navaratri both Gurgaon and Noida realtors though focusing on clearing inventories, are going with their independent strategy. Gurgaon developers are doing everything to meet their project completion deadlines so as to expedite sales whereas Noida realtors are doling out freebies and discounts to rap up inventories.
Raj Nagar Extension: mix of real estate projects
Apr 01, 2014
DELHI: With easy availability of affordable houses, Raj Nagar Extension (RNE) is a one-stop destination for a wide band of middle-class end users. Buyers have several purchase options here like construction-linked plan, ready-to move plan, among others.
Election cash call puts strain on construction, real estate
Mar 28, 2014
DELHI: As India's mammoth general election approaches, jackhammer drills are quietening down at construction sites and earthmovers and cranes remain parked.
JLL fortifies leadership in Delhi NCR, Chennai
Mar 12, 2014
GURGAON:: International property consultancy JLL (Jones Lang LaSalle) has announced a major realignment in the leadership team for its Delhi NCR and Chennai businesses. The move will further strengthen the company’s position with regards to its established businesses in Delhi NCR and South India.
Old allottees waiting, DDA announces new scheme
Jan 02, 2014
DELHI: Even as people allotted houses in DDA’s previous scheme are still waiting to take possession of their property, the agency on December 31 announced a new housing scheme “covering all the segments of society”.
Connaught Place now 7th costliest for office space
Dec 21, 2013
DELHI: Connaught Place has slipped two notches to become the world’s seventh costliest office destination due to slowdown in the realty market and fall in rupee’s exchange rate, property consultant CBRE has said.
Lifestyle- the new priority for choosing houses
Dec 07, 2013
DELHI: Townships or integrated housing are getting more momentum instead of standalone plots in Delhi NCR. People wish to live in well secured gated community. Townships are safe, secure, thoughtful and well-planned. Along with this, township has many other advantages. The advantages of a city without the hustle bustle of city life can be experienced here. The same is known as self-contained world. They make life easier and that’s what a home buyer wants at the end of the day!
Panchsheel announces the launch of ‘Pratishtha’
Dec 06, 2013
DELHI: Panchsheel Buildtech Pvt. Ltd, a leading real estate company of NCR has announced the launch of its prestigious residential project ‘Pratishtha’. Strategically located at one of the booming destinations of Noida, at Sector 75, the project is a perfect combination of modern, luxurious and comfort living.
Commercial real estate segment to remain subdued: CBRE
Dec 04, 2013
DELHI: Demand for commercial real estate is likely to remain subdued in the medium term as corporates continue to be in a consolidation mode while excess supply may put pressure on capital and rental values, property consultant CBRE said today.
Slowdown in commercial real estate likely to continue
Dec 04, 2013
DELHI: The economic downturn has subdued office and retail markets, resulting in a sales slowdown as well as pressurized capital values across leading cities—according to CBRE Research's year-to-date coverage of trends in India's real estate sector. Buyer sentiments in the housing market have remained largely cautious because of relatively high price points and sticky borrowing costs, amid an uncertain economic climate. As a result, investment has slowed considerably across segments, resulting i
RBI pushes more liquidity into the banking system
Dec 04, 2013
DELHI: The RBI cut the penal rate of interest, among some of the measures it took recently to push the money market to normal conditions.
How to find the perfect location for real estate investment
Dec 03, 2013
DELHI: When it comes to profitable investment, property is one of the most lucrative avenues. Profitability is not a given, however – property investment must make sense from a returns-on-investment point of view. In that respect, one must carefully pick from available options.
Vatika Business Centre to open two new centres
Oct 29, 2013
DELHI: In order to meet the significant increase in demand for premium office spaces, serviced offices and meeting rooms, Vatika Business Centre is coming up with two new business centres. One is in the heart of New Delhi at Connaught Place, and the other is Divyashree Omega in the High Tech city of Hyderabad.
Housing demand picks up in NCR; sales up 18% in January- June
Oct 25, 2013
DELHI: Housing sales have risen by 18 per cent in the Delhi-NCR region during the first half of this year at 35,000 units, showing signs of improvement in the property market that has been facing slowdown in demand.
Gurgaon shows resilience to recession
Oct 24, 2013
DELHI: Golf Course Road continues to dominate Gurgaon’s suburbs as the prime address for both residential and commercial property. It is followed closely by Golf Course Extension Road, which is emerging as yet another zone for luxury real estate and golf-themed projects.
Realty prices at local ‘micro-markets’ double in 2 years in Delhi-NCR
Oct 21, 2013
DELHI: Property prices in NCR’s upcoming residential markets, which real estate experts term ‘residential micro-markets’, have nearly doubled in the last two years. This trend, analysts say, is owing to new options being made available in these micro-markets which has become an attractive proposition for buyers who can’t afford to enter the prime real estate market.
After a year, DDA to auction 60 plots in November
Oct 20, 2013
DELHI: After a gap of one year, Delhi Development Authority (DDA) has decided to put several plots under the hammer. Over 60 plots, in 14 different prime locations, will be auctioned at Dwarka, Pitampura, Vikas Puri, East of Kailash, Vivek Vihar etc on November 20, 21, 22, said a DDA official. The sale of brochures will begin from October 28.

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