Latest Realty News

Developers-and-UP-govt-disagree-over-implementation-of-RERA
Jul 25, 2017
LUCKNOW: The state government and the real estate developers engaged in a fresh bout of disagreement on Sunday with UP chief minister Yogi Adityanath asking the developers to get themselves registered under Real Estate Regulatory Authority (RERA) act through a web portal
Under-construction-flat-to-cost-more-after-GST-Bill-is-rolled-out
Aug 05, 2016
NEW DELHI: Prices of underconstruction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there.
Home-buyers-left-in-lurch!-50,000-Noida-Extension-flats-ready-but-not-the-roads-
Jul 23, 2016
NOIDA: Possession of 50,000 flats is slated for this year-end in Noida Extension but lack of infrastructure and amenities like streetlights, roads, security, water connections and power supply is set to delay the handover.
Supreme-Court-Asks-Supertech-To-Deposit-Rs-5-Crore
Jul 20, 2016
New Delhi: The Supreme Court on Tuesday directed estate major Supertech to deposit Rs five crore in its Registry as part of a refund to homebuyers for a project. The Allahabad High Court had in the project ordered demolition of twin towers of Emerald Court in Noida, adjacent to the national capital.
Maharashtra-flat-buyers-can-now-file-a-police-complaint-against-builders-violating-norms-
Jul 04, 2016
The state police has directed police stations across Maharashtra to register complaints against errant builders who cheat flat buyers and violate building norms. Housing experts have welcomed the move--termed by CM Devendra Fadnavis as "a good decision" -but which the real estate industry finds 'disturbing'. In a circular issued last week, special inspector general of police Prabhat Kumar instructed police commissioners in the state to take action according to the provisions of law when people f
7th-Pay-Commission:-Home-Sales-Likely-To-Improve,-Say-Realtors
Jun 30, 2016
New Delhi: Real estate industry bodies on Wednesday said housing sales are expected to improve following implementation of Seventh Pay Commission recommendations as prices have fallen in last few years because of a slowdown in the property market.
Relief-for-homebuyers!-Builders-may-have-to-pay-11%-interest-for-delayed-projects-
Jun 29, 2016
NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities.
Worli-In-South-Mumbai-New-Housing-Destination-For-Super-Rich:-Report
Jun 23, 2016
New Delhi: Worli in South Mumbai has become the new luxury residential destination for super-rich and celebrities with the likes of Virat Kohli, Akshay Kumar and business tycoon Ajay Piramal buying properties in this area, a report said.
Tata-Housing-sells-over-200-flats-in-Gurgaon-for-Rs-300-crore-
Jun 21, 2016
NEW DELHI: Realty firm Tata Housing has sold more than 200 flats for about Rs 300 crore in its residential project in Gurgaon.
Real-estate-developers-body-vows-to-oppose-corruption
Apr 19, 2016
Chennai: Confederation of Real Estate Developers' Association of India (Credai) Chennai chapter has called for increasing ease and reducing cost of doing business in the state. The developers' body has been raising concerns about corruption in the building plan approval process for some time, but this is the first time that the organization is confronting the state administration openly on the issue of corruption.
Realty-Firms-Hope-for-Housing-Sales-Revival-Post-Rate-Cut
Apr 07, 2016
New Delhi: Interest on home loans is expected to come down helping a revival of housing sales following the Reserve Bank of India's lowering of policy rate by 0.25 per cent today, say realty experts.
New-Managing-Committee-Formed--for-Credai-Odisha
Mar 19, 2016
Bhubaneswar : The New Managing Committee of Credai Odisha were elected for term 2016 -18 at Mayfair convention on 18th March 2016.
Range-of-housing-options-at-property-fair
Feb 15, 2016
Bhubaneswar: A five-day property exhibition, Home and Decor, showcasing housing properties by members of Real Estate Developers Association of Odisha (REDA) started at Janata Maidan here on Saturday.
Why-housing-prices-have-dipped-on-Noida-Expressway-
Jan 23, 2016
Radiating out from Delhi into the National Capital Region are two expressways. The one in the east runs 22 km through Noida and Greater Noida. The other in the south stretches for 18 km between Dwarka and Kherki Daula. On either side of both these expressways are vast expanses that have been opened up for development by realtors.
Real-estate-market-may-see-an-upswing,-say-developers
Jan 11, 2016
Vadodara: The real estate market in Vadodara seems to be set for an upswing this year. The CREDAI Vadodara Property Carnival 2016 organized at Navlakhi Grounds saw a record number of bookings for apartments and duplexes over last three days.
Fair-Trade-Regulator-Dismisses-Complaint-Against-Imperial-Housing
Dec 22, 2015
New Delhi: The Competition Commission of India (CCI) has rejected allegations of anti-competitive business practices made against real estate developer Imperial Housing Ventures.
Housing-Prices-Up-13.7%-in-July-September-Quarter:-RBI
Dec 19, 2015
New Delhi: Housing prices increased by 13.7 per cent during July-September of this fiscal year compared with year-ago period but the annual growth rate has slowed down, according to a report to the Reserve Bank of India (RBI).
Hotel-Leelaventure-Completes-Rs-725-Crore-Goa-Property-Sale
Dec 15, 2015
New Delhi: Hospitality chain Hotel Leelaventure on Monday completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
Rise-in-land-auction-prices-may-hurt-realty-revival-in-Hyderabad-
Dec 02, 2015
HYDERABAD: Disputing the claims of Telangana government that the record prices yielded in the latest round of land auction in Hyderabad reflected the boom in realty market, builders and global property consultants have cautioned that towering costs could actually deter the entry of national and international players.
Fitch-expects-residential-property-prices-to-remain-resilient-in-2016-
Nov 23, 2015
MUMBAI: Fitch Ratings has said that it expected residential property prices to remain stable as builders are option to offer easy payment solutions rather than lowering prices. This was indicated by Fitch Ratings on Monday in a report on the 'Outlook 2016: Indian Homebuilders.
Depressed-real-estate-market-proving-to-be-a-boon-for-organised-developers;-big-launches-lined-up-
Nov 21, 2015
NEW DELHI: The depressed real estate market is proving to be a boon for organised developers, which have continued to grow and gain market share although the broader market has been shrinking, said a Kotak Institutional Equities report.
City-industrialists-want-e-commerce-portal-for-land-deals-
Nov 20, 2015
KOLKATA: City industrialists are pushing the West Bengal government to come up with an e-commerce site that would allow entrepreneurs to buy and sell land parcels. The portal will not only bring in transparency in land deals, but also encourage industrialists to monetise land tracts of factories which have downed shutters.
New-FDI-norms-to-boost-affordable-housing-segment
Nov 12, 2015
NEW DELHI: Real estate industry today hailed the government's decision to relax FDI norms for construction sector saying the move would boost foreign investment into the housing sector, particularly affordable segment.
Dubai-real-estate-players-bullish-about-high-Indian-investment-
Nov 09, 2015
DUBAI: Leading real estate players in the Middle East are bullish about Indians continuing as the most prolific foreign investors in the sector in the coming months too, as official statistics show that Indians have invested over Rs 30,000 crore last year alone here in properties.
Sobha-Group-to-set-up-residential-projects-in-London-
Nov 07, 2015
MUMBAI: Sobha Europe is looking to build residential projects in central London and has identified six redevelopment projects in the city for this, Raj Chinai, MD, Sobha Group told ET.

Latest Realty News Of State

Realty Talk's