Latest Realty News

Chinese-realty-major-looks-to-invest-US-$5-billion-in-India
Jun 11, 2015
China's realty major Dalian Wanda group is looking to invest at least US $5 billion in developing industrial townships in India and is in talks with firms like DLF for partnership.
Ansal Properties to invest Rs 130 crore on SEZ development in Greater Noida
May 13, 2014
DELHI: Realty firm Ansal Properties and InfrastructureBSE 3.72 % has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction.
Sobha Developers' sales bookings rise 6 pc in FY14 to Rs 2,343 crore
Apr 11, 2014
DELHI: Realty firm Sobha Developers' sales bookings rose by about 6 per cent to Rs 2,343 crore in the last financial year on higher realisation but missed its target due to the slowdown, especially in the NCR-Gurgaon region.
Net profit of realty firms fell 41% in last 8 quarters: Report
Mar 28, 2014
MUMBAI: Net profit of top 25 real estate companies registered a fall of 41 per cent in the quarter ended December 2013, compared to the peak period of quarter ended March 2012. Net profit margins during this period plummeted from 13.6 per cent to 9.7 per cent, said a report by global realty consultancy Knight Frank.
DLF gets Rs 93.5 crore from IDFC against sale of Noida IT Park
Mar 12, 2014
DELHI: India's largest realty firm DLFBSE 0.06 % today said it has received Rs 93.5 crore from IDFCBSE -2.42 % as final instalment for acquiring an IT Park project in Noida.
CHD Developers buys 10.5 acres of land in Gurgaon for Rs 300 crore
Mar 10, 2014
DELHI: Realty firm CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project.
DLF sales bookings up 46 per cent to Rs 3,760 crore in April-December
Feb 25, 2014
DELHI: Realty major DLF's sales bookings rose 46 per cent to Rs 3,760 crore during April-December period of this financial year despite a slowdown in the real estate market.
DLF sales bookings up 46 per cent to Rs 3,760 crore in April-December
Feb 24, 2014
DELHI: Realty major DLF's sales bookings rose 46 per cent to Rs 3,760 crore during April-December period of this financial year despite a slowdown in the real estate market.
DLF cuts net debt by Rs 2,500 crore
Feb 17, 2014
DELHI: India's largest realty firm DLFBSE 1.70 % today said it has reduced net debt by over Rs 2,500 crore to Rs 17,400 crore following proceeds from sale of luxury hotel chain Amanresorts, and a refund from DDA.
Ambience to invest Rs 1,800 crore on three new realty projects
Feb 13, 2014
DELHI: Realty firm Ambience Group will invest about Rs 1,800 crore over the next four years to develop an integrated township and two housing projects.
DLF gets Rs 676 crore refund from DDA after settling disputes
Feb 11, 2014
DELHI: Realty firm DLFBSE -0.42 % today said it has received a refund of Rs 675.81 crore from DDA following the scrapping of a project to develop an international convention centre in the national capital.
DLF to get Rs 700-crore refund from DDA
Feb 11, 2014
DELHI: Realty major DLFBSE -0.49 % will get a refund of around Rs 700 crore from the Delhi Development Authority (DDA) for returning a 35-acre plot of land it had acquired in 2007 in Dwarka to build a convention centre, a senior company executive said.
CCI rules out abuse of dominant position by Omaxe
Jan 29, 2014
DELHI: Fair trade regulator CCI has rejected a complaint that alleged realty firm OmaxeBSE 0.49 % of indulging in anti-competitive practices with respect to development of residential plots in Sonepat district of Haryana.
Tribunal asks ARCIL to stay auction of Tulip Star hotel
Jan 29, 2014
MUMBAI: In a major relief to Mumbai-based realty firm Nirmal Lifestyle, the Mumbai bench of Debt Recovery Tribunal (DRT) has directed stress asset firm ARCIL not to proceed further on auctioning of the Tulip StarBSE 2.27 % (erstwhile Juhu Centaur) Hotel at prime Juhu Tara Road in Mumbai.
Supertech to raise Rs 1,000 cr through PE this year
Jan 27, 2014
DELHI: Realty firm Supertech plans to raise Rs 1,000 crore this year through private equity to fund ongoing projects and is in discussions with a few firms.
Gaursons to invest Rs 5,000 crore on township on Yamuna Expressway
Jan 26, 2014
DELHI: Realty firm Gaursons will invest Rs 5,000 crore over the next four years to develop a township on the 300-acres land that it bought from Jaypee Group on the Yamuna Expressway in Greater Noida.
Supertech to invest Rs 1350 crore on new housing project in Noida
Jan 21, 2014
DELHI: Realty firm Supertech will invest Rs 1,350 crore over the next three years to develop a new housing project in Noida.
Supertech partners UK's designer yoo Worldwide for housing projects
Jan 17, 2014
DELHI: Realty firm Supertech has roped in UK-based yoo Worldwide to do interior designing for its two luxury housing projects in Gurgaon.
M3M to invest Rs 3,000 crore on 7 realty projects in Gurgaon
Jan 15, 2014
DELHI: Realty firm M3M will invest Rs 3,000 crore over three years on the construction of ongoing seven projects in Gurgaon.
Brigade Group buys 2.25 acre plot in Bangalore for Rs 69 crore
Jan 08, 2014
DELHI: Realty firm Brigade Enterprises has bought 2.25 acres of land in Bangalore from Hindustan Coca-Cola Beverages for almost Rs 69 crore.
High returns make realty investors ignore risks, say experts
Dec 31, 2013
MUMBAI: The ongoing slowdown and steep rupee fall are among the factors making the country a riskier realty destination for global investors, even as it continues to be a high return market, say experts.
Tata Housing buys 20 acres land in Bangalore for luxury housing
Dec 27, 2013
DELHI: Tata Group realty firm Tata Housing has bought 20 acres of land in Bangalore from Alstom T&D India for Rs 120 crore to develop a luxury housing project at the site.
DLF Q2 net profit drops by 28% to Rs 100 cr
Nov 05, 2013
DELHI: India's largest realty firm DLF Ltd reported 28 per cent fall in its consolidated net profit at Rs 100.05 crore during second quarter of the current fiscal due to lower sales and higher interest and tax outgo.
Grihapravesh Buildteck partners Radius for Noida housing project
Oct 11, 2013
DELHI: Realty firm Grihapravesh Buildteck today announced tie-up with technology firm Radius Group for providing energy efficient devices in its housing project at Noida, which is being developed at a cost of Rs 280 crore.

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