Latest Realty News

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.
Oct 21, 2015
MUMBAI: Tata Housing is in advanced-level talks with a few institutional investors to raise Rs 3,200 crore for its upcoming premium and luxury residential projects across top five cities.
Developers, buyers back in luxury homes mart
Dec 18, 2014
Mumbai: Interest in luxury residential projects is back both from developers and buyers on improved sentiment and economic conditions
Kolte-Patil joins hands with NOW Realty for a Pune project
Nov 19, 2014
MUMBAI: Kolte-Patil Developers today said it has entered into a development management agreement with NOW Realty to develop a residential project in Pune
Stop-work notice to green belt building with 718 flats
Sep 25, 2014
The Noida Authority served a notice to developer Horizon Concept Group for building a 14-storey housing project on a green belt in Sector 86, asking it to immediately stop construction work
Sector 86 building on green belt, sealed
Sep 24, 2014
Future of hundreds of homebuyers in Sector 86 hangs in the balance after Noida Authority and UP police sealed an under-construction 14-storey building
DDA flats in Rohini may be delayed
Aug 23, 2014
DDA may not be able to deliver on its promise of providing all houses in Rohini by March next year.
DDA housing scheme delayed by six months
May 02, 2014
DELHI: The Delhi Development Authority (DDA)’s latest housing scheme with about 3,000 flats on offer will be delayed by at least six months due to the incomplete construction of flats as well as ongoing elections. The housing scheme, which was announced after a gap of four years, was expected to roll out last month.
Bet big on office space
Apr 07, 2014
MUMBAI: Thinking of buying your third apartment at Worli? Why not an office block in BKC instead? It may not have quite the charm or glamour of a penthouse apartment, but it can certainly get you hefty returns.
Panchshil signs brand licensing for premium residential projects
Mar 25, 2014
PUNE: Pune-based real estate developer Panchshil Realty, has signed brand licensing agreement with another real estate Pune based developer Elite Landmarks to develop mid size apartments in Pune. According to Panchshil, this is a first-of-its-kind brand licensing in India.
Balewadi, Pune: Well-developed infrastructure and strategic location
Mar 18, 2014
PUNE: Balewadi is a rapidly emerging area on the western corridor of Pune with steady growth over three to four years. This locations has seen tremendous growth from a rural area to one of the most preferred residential areas. It has become a hot area for residential projects, mainly targeting the software professionals working in the nearby Hinjewadi Software Park and other nearby information technology parks/companies.The rates there have seen an annual increase of 20 per cent over the past tw
Election code of conduct hits realty firms
Mar 13, 2014
DELHI: Real estate developers say they are facing cost escalation on several residential projects across cities as officials are holding back routine approvals citing the election code of conduct.
Sohna Road: An attractive residential destination
Mar 12, 2014
DELHI: With a large number of residential projects completed or nearing completion, and many office complexes already occupied by leading companies, Sohna Road in Gurgaon has emerged as an attractive residential destination for end users and long term investors.
Primarc invests Rs 300 crin Bengal real estates
Feb 28, 2014
KOLKATA: Primarc Group, which runs the ‘Crossword’ franchisee in West Bengal, has invested nearly Rs 300 crore in real estate projects in the State.
'Now is not a good time to invest in real estate'
Feb 27, 2014
THANE: Even as Thane city is witnessing a spurt in the number of residential projects being launched by developers, property consultants and experts are, however, divided over whether this is the right time to invest.
Ceebros drops prices in premium areas of Chennai
Jan 10, 2014
CHENNAI: In a move that is bound to shake up the realty market in the city, leading builder Ceebros has dropped prices for residential projects in the upmarket Nungambakkam, T Nagar and Poonamallee High Road areas. The disruptive strategy, it says, is only to ensure that it is not saddled with unsold stock at a time when the market is very sluggish.
Indiareit Fund Advisors pares down offshore fund corpus to half
Jan 02, 2014
MUMBAI: Indiareit Fund Advisors, the real estate-focussed private equity arm of Piramal Enterprises, has cut the corpus of its $500-million (around Rs 3,090 crore) offshore fund by half, citing the overall slowdown in the sector and tough regulations as reasons.
Building infrastructure at NH-24
Dec 25, 2013
DELHI: With infrastructure upgrades such as widening of NH-24 and the upcoming metro, the linkages between Delhi, Ghaziabad and Noida are expected to improve leading to real estate growth in these areas.
Small projects in Chennai see faster turnover
Dec 14, 2013
CHENNAI: Large residential projects may grab a lot of attention. Sales here may indicate market trends but developments offering a handful of apartments in a plot of a couple of grounds, a characteristic of Chennai, continues to attract buyers in prime locations. Developers focussing on this segment have set their eyes on faster turnaround.
Greater Noida West: Emerging commercial and retail destination
Dec 13, 2013
DELHI : From the day of launch, ‘Greater Noida West’ is the affordable housing destination. But in the coming years, this location will play a major role in developing retail, commercial and IT/ITeS zone for millions too. Vikas Jain, managing director of Sarvottam Group shares his view point.
Raj Nagar Extension: A locality with potential
Dec 13, 2013
DELHI: Today, amongst places to invest in, Ghaziabad’s National Highway 58 is the most sought after. This stretch has been seeing a lot of development and has an investment potential. This stretch promises a lot for anyone looking for an affordable house. Many developers are coming up with their projects on this stretch, to meet the burgeoning demand of the middle class.
Inventory piles up in Mumbai residential realty on muted demand
Dec 03, 2013
MUMBAI: Mumbai’s residential real estate market is perhaps going through its worst phase. Almost 45% of MMR's (Mumbai Metropolitan Region’s) ready and under-construction projects are lying unsold due to weak demand and high prices, according to a report by international property consultant Knight Frank.
Noida Extension: the real estate hot spot
Nov 20, 2013
DELHI: Noida Extension a 4,000-acre land chunk, with Ghaziabad, the Hindon River and a few sectors of Greater Noida around its boundaries, is today buzzing with activity as almost 75 real estate developers are ready with a slew of projects offering 1/2/3 BHK housing properties at affordable rates.
Noida Extension: the real estate hot spot
Nov 18, 2013
DELHI: Noida Extension a 4,000-acre land chunk, with Ghaziabad, the Hindon River and a few sectors of Greater Noida around its boundaries, is today buzzing with activity as almost 75 real estate developers are ready with a slew of projects offering 1/2/3 BHK housing properties at affordable rates.
‘Chennai is a robust market’
Oct 28, 2013
CHENNAI: Over the last decade, VGN Developers has evolved from selling plotted layouts to developing residential projects in the suburbs to building high-end projects in the city. The transition has been in line with the trends in the residential market. VGN believes there is a huge demand for high-end homes in the city, which is a healthy and robust market in which prices have not crashed in three decades. Pratish Devadoss, Managing Director, shares some of the company’s plans and views on the

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