Latest Realty News

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.
Four reasons to invest in NIBM Road
Aug 20, 2013
PUNE: Earlier known for its proximity to Pune centre, NIBM Road in the city today has become one of the most sought after areas for real estate investors. Experts claim that, if invested today, the property in the area will reap satisfactory returns in three years down the line. Neha Nagpal of Bureau finds out what are the reasons that make experts to say so.
Pune sees many locations offering luxury housing
Aug 14, 2013
PUNE: Luxury housing constitutes two-three per cent of the total residential market in Pune. There are currently around 2,000 plus units in the market, including planned and under construction projects, within the price bracket of Rs four crores and above.
Office space absorption increases, but rentals low in Mumbai
Aug 12, 2013
MUMBAI: HSBC recently leased 1.8 lakh sq ft at Nesco IT Park in Goregaon for a monthly lease rent of about Rs 1.8 crore or Rs 95 per sq ft a month. In May, UK-based banking major Barclays leased 1.8 lakh sq ft of space at Nirlon Knowledge Park in Goregaon for its back-end operations at Rs 95 per sq ft.
Real estate booms on Chennai’s outskirts
Aug 06, 2013
CHENNAI: The real estate sector is going through a dull phase with people hesitating to invest on apartments or land on the outskirts of the city, but some areas abutting the Outer Ring Road (ORR) have seen good appreciation in recent times.
Steps to take if a tenant refuses to vacate
Aug 06, 2013
DELHI: When it comes to the relationship between a property owner and a tenant, it’s best to be safe than sorry. Yet, hasty decisions, cutting corners and blindly trusting brokers are the reasons for many a legal battle waged by landowners against rogue tenants. Take the case of Mumbai-based Merlyn D’Souza.
AUDA promises 5k houses in two years
Aug 05, 2013
AHMADABAD: In what is being seen as an adrenaline shot in affodabule houses sector, Ahmedabad Urban development Authority (Auda) has promised 5,000 houses in two years in the newly demarcated ‘affordable housing’ zone in the city.
Real estate prices to rise after Telangana creation
Aug 01, 2013
MUMBAI: After a four-year hiatus, residential real estate prices are set to rise at a relatively faster pace in Hyderabad with the likely resolution of the Telangana issue.
Kalyani Nagar-Koregaon Park: Redefining comfort and luxury in real estate
Jul 31, 2013
PUNE: The Kalyani Nagar-Koregaon Park belt is one of the prime centres for real estate development in Pune. Although the amenities differ from project to project, a number of properties are coming up with facilities including the following:
Private equity in Pune’s realty segment
Jul 31, 2013
PUNE: Pune has been the fastest growing city for over a decade now, second only to the metros. It has been able to sustain this status mostly because of the well-established manufacturing sector and the thriving IT segment that has made the city its home. There is no dearth of local workers with professional qualifications as the city has numerous colleges offering courses in varied disciplines. Pune is also popular as an ideal city to reside in, not only because of the good schools and colleges
Kalam roots for green buildings, efficient energy usage
Jul 19, 2013
PUNE: Green buildings, sustainable design and green architecture can ensure that the impact of constructions and infrastructure development on the environment is contained, former President APJ Abdul Kalam said at the GreenCo Summit 2013, which was inaugurated in the city on July 15. Kalam advocated continuous research by recyclers, electronic systems manufacturers and user groups to make green energy cost-effective.
Gujarat: 4 low-cost housing schemes approved
Jul 18, 2013
GANDHINAGAR: The state cabinet has cleared four low-cost housing schemes under the Mukhyamantri Aavas Samruddhi Yojana for the lower income group (LIG), the middle income group (MIG) and the urban poor. However, the government is yet to announce an affordable housing policy. The schemes approved are slum-rehabilitation scheme; housing schemes for neo-middle class, economically weaker sections and low-income group and a scheme for ‘in situ’ pukka houses for slum-dwellers.
Hinjewadi faces an ever-increasing demand for 2-bhk apartments
Jul 17, 2013
PUNE: Hinjewadi, once looked upon as a sleepy countryside area, has been fast evolving into a real estate hotspot. The locality, situated towards the west of Pune city, offers all types of properties for every segment of the society. According to the Data residential properties such as plots and apartments in Hinjewadi, are available within a wide range of Rs 13 lakhs to Rs one crore and above.
What makes residential properties in Chitlapakkam click?
Jul 16, 2013
CHENNAI: Once considered a sleepy suburb in the south of Chennai, Chitlapakkam has been fast emerging as a residential destination for those looking for pocket friendly options near their workplace.
Karnataka govt’s registration policy causes it big revenue loss
Jul 16, 2013
BANGALORE: The actual market value of one square foot of land on 11th Main in Jayanagar IV Block is Rs 40,000. But the guidance value fixed by the government is just Rs 11,000. All property transactions on this lane are registered on the guidance value – legally the right thing to do though it ends in substantially less money flowing into the government’s coffers.
Office space absorption drops 15% in the first half of 2013
Jul 16, 2013
BANGALORE: Office markets in India registered a downward trend in absorption in the first half of the year. The total net absorption across top eight cities in H1 2013 was noted at 10.9 mn sft, a decline of 15% compared to the same period last year, says Cushman & Wakefield in its latest report.
Property values rise; rentals drop in Hinjewadi
Jul 15, 2013
PUNE: Hinjewadi is an excellent example of how the development of an area as a commercial destination, leads to the growth in the residential real estate market too. Until a few years ago, Hinjewadi was seen as a rural area. However, the establishment of the Rajiv Gandhi Infotech Park changed the picture in a radical way. Today, there are more than 20 major IT industries in Hinjewadi, which are fuelling the residential demand in and around the area. The increasing demand for housing has led Hi
Office space in demand in North Bangalore
Jul 12, 2013
BANGALORE: The north of the city continues to witness a surge in demand for office and residential spaces. Though sizeable chunks of land have already been designated for an aerospace, IT and BT Special Economic Zone (SEZ) the demand from private players for realty development is huge.
Tapering growth lowers luxury home sales
Jul 11, 2013
MUMBAI: The richer middle class too is feeling the impact of the slowdown and isn’t buying homes like before, badly impacting sales of luxury homes.
Anuj Puri: Will the Real Estate Bill see a rise in property prices
Jul 09, 2013
BANGALORE: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India May be, The Bill will pave the way for transparency by regulating the housing sector. It covers all projects over 4,000 sq m in size and seeks to cover major private residential developments across the country. It will provide considerable relief to the ordinary buyer/investor who faces innumerable obstacles while buying property and is duped even by small developers, builders and brokers.
Finally, a civic property list for Pune
Jul 09, 2013
PUNE: Ten years after it started collecting the data, the Pune Municipal Corporation (PMC) has finally enlisted civic properties paving the way for asset valuation and bringing transparency in lease contracts.
Supply, demand, high for 2-bhk units on the Vishrantwadi-Tingre Nagar stretch
Jul 08, 2013
PUNE: Are you looking to invest in a 1 or 2-BHK in Pune? The Vishrantwadi-Tingre Nagar stretch can be a good option for property investment. The area offers a gamut of projects. Data shows, in the March-May 2013 quarter, Vishrantwadi witnessed 45 per cent demand for 2-BHK units and 44 per cent demand for 1-BHK apartments.
Real estate booms in the Kalyan-Dombivli stretch
Jul 08, 2013
MUMBAI: The Kalyan-Dombivli stretch in the western part of Maharashtra, is the new stretch of real estate growth in the state. Kalyan and Dombivli come under the municipal corporation of Kalyan-Dombivli Municipal Corporation (KDMC). It falls in what is now called the greater Mumbai built-up area.

Latest Realty News Of State

Realty Talk's