Latest Realty News

Unitech inks Rs 1,000 crore office leasing deal with Accenture
Oct 20, 2013
DELHI: Realty firm Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture in a deal that will give Rs 1,000 crore of rental income over 15 years.
Property prices up by 15 per cent in Delhi-NCR
Aug 23, 2013
DELHI: Property prices have increased by an average 15 per cent in the Delhi-NCR during Apri-June quarter of this fiscal against the year-ago period, according to a report.
40 builders apply for licence in Gurgaon
Aug 22, 2013
DELHI: On the first day of the notification of the affordable housing policy in Haryana, 40 applications of different developers have been received for launching the project in Gurgaon.
New master plan for Gurgaon will unlock more realty areas
Aug 22, 2013
DELHI: The new Master Plan-2031 of Gurgaon-Manesar Urban Complex will bring in more areas for infrastructural development. The new plan is a boon for the realty sector as it has given more room for planned development of residential and commercial setups. In the new plan, the land reserved for special economic zones has been annulled and this land will now be allotted to builders for housing projects, malls, hotels, and office complexes.
MCD waives penalty, interest to recover property tax dues
Aug 22, 2013
DELHI: With MCD property tax worth crores of rupees due against various government and private organisations, the civic body has now offered immunity till November 30, waiving penalty and interest on payments under a new settlement scheme to benefit thousands of residents.
DLF says debt may fall below Rs 15,500 crore by fiscal-end
Aug 14, 2013
DELHI: DLF, the largest real estate developer in India, said it will cut debt by about a quarter to Rs 15,500 crore over the next nine months, mainly on the back of receipts from the sale of its luxury hotel chain Aman Resorts and some land divestitures.
Dwarka-Gurgaon Expressway on its way to hottest realty market
Aug 14, 2013
DELHI: Construction of the Dwarka-Gurgaon Expressway project is on full swing and it is expected to be completed in the next six months. More than 33,000 houses, with an approximate sale value of Rs 8,000 crore are under construction along different sectors of Dwarka-Gurgaon Expressway; of this, around 30,000 houses will be ready for possession in the next one and half years.
Cyber city of Gurgaon rules the realty roost
Aug 14, 2013
DELHI: Gurgaon and Manesar continue to be the hub of real estate activities in the NCR region. Despite the slowdown in the economy, demand for residential and commercial real estate in these sub-cities has not been affected appreciably.
UP-NCR to be made secure for investments
Aug 14, 2013
DELHI: The Uttar Pradesh government on August 13 took a major decision to attract investment by entrepreneurs in Noida and Greater Noida. In a meeting chaired by the chief secretary it was decided to launch an initiative to improve policing and provide adequate electricity to industries in the region.
Allottees may get DDA flats this month
Aug 12, 2013
DELHI: Allottees of Delhi Development Authority’s (DDA) Ganga block apartments in D-6 Vasant Kunj may finally get possession of their flats within this month.
Development work in 133 illegal Delhi colonies approved
Aug 09, 2013
DELHI: The Delhi government on August 7 granted permission for carrying out development works in 133 unauthorized colonies with immediate effect.
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.
FDI push: Housing Ministry for lowering built-up area norm
Aug 02, 2013
DELHI: The Government is looking to lower the minimum built-up area for attracting foreign direct investment (FDI) in housing projects to 20,000 square metres from the current 50,000 square metres.
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.
Homebuyers and investors are flocking Greater Noida West
Jul 31, 2013
DELHI: Greater Noida West (formerly Noida Extension) is now free from all legal hurdles and builders and developers have resumed construction here and are even planning to launch new projects.
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.

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