Latest Realty News

Mahagun launches ‘Mirabella’ at sector 79 Noida
Aug 28, 2013
NOIDA: “The secret of success is consistency of purpose”, an apt vision on which Mahagun India Private Limited focuses upon. With a lineage of decades of excellence, Mahagun, a brand that has created an upward evolution in the realm of real – estate sector, with immense pride launches “Mahagun Mirabella”, a roman themed luxurious residential project at sector 79 Noida.
Meerut on its way to becoming strategic realty destination
Aug 28, 2013
DELHI: Meerut has a lot of land for development and is fast turning into a strategic real estate destination for realty players and buyers. As real estate prices have gone through the roof in other NCR regions like Noida, Gurgaon, and Ghaziabad, Meerut’s realty market has shaped up as an ideal destination that is not only catering to the increasing housing demand, but also maintaining the prices within affordable limits.
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.
Over 4,780 acres of DDA land has been encroached upon
Aug 23, 2013
DELHI: Over 4,780 acres of land belonging to Delhi Development Authority ( DDA) has been encroached upon in the national capital, the government said on August 22.
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.
Delhi colonies regularized only on paper
Aug 13, 2013
DELHI: Expressing concern that Rs 542 crore spent by the Delhi government on development of unauthorized colonies might be in vain, the comptroller and auditor general has said regularization of these colonies remains only “on paper”.
Allottees may get DDA flats this month
Aug 13, 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.
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.
Competition Commission of India rules out abuse of dominance by realty firm BPTP
Aug 06, 2013
DELHI: Fair trade regulator CCI has dismissed allegations of abuse of dominant market position against realty firm BPTP over residential flats in Faridabad.
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.
Faridabad: What makes Charmwood Village charming
Jul 22, 2013
DELHI: Charmwood village abounds with reasons which make it really charming. Situated in Faridabad, it is an integral part of the National Capital Region (NCR) but as its name suggests, it is a sort of village which boasts of expansive stretches of greenery away from the hustle and bustle of city areas after all, there is a 4,700-acre bird sanctuary near the locality.
Delhi govt order to ease sale of property
Jul 22, 2013
DELHI: With the stamp of approval from LG Najeeb Jung, the Delhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property transactions. The earlier order was issued by the revenue department in April 2012.

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