Latest Realty News

GNIDA-cancels-allotment-of-100-acre-plot-to-Unitech-over-Rs-1,000-crore-dues-
Nov 21, 2015
GREATER NOIDA: The allotment of a 100-acre plot to real estate company Unitech BSE 0.28 % to build a group housing society has been cancelled by the Greater Noida Industrial Development Authority (GNIDA), which alleges the company owes it over Rs 1,000 crore and had failed to pay up for almost a decade.
Andhra-Pradesh-government-cancels-agreement-with-Unitech,-forfeits-Rs-255-crore
Sep 16, 2015
HYDERABAD: Andhra Pradesh has cancelled an agreement with Unitech Ltd for Integrated Vizag Knowledge City project in Visakhapatnam and forfeited Rs 255 crore, the firm paid for the land, for failing to meet targets.
Real-estate-firm-directed-to-pay-Rs-4.77-cr-for-'huge-delay'
May 09, 2015
New Delhi: A real estate firm has been directed by the apex consumer commission to pay Rs 4.77 crore to seven consumers
Unitech-sales-bookings-down-38%-at-Rs-663-cr-during-Apr-Dec
Feb 16, 2015
New Delhi: Realty firm Unitech's sales bookings dropped by 38 per cent to Rs 663 crore in the first nine months of the current financial year due to slowdown in housing demand
Brookfield-plans-to-set-up-$500-m-real-estate-trust
Jan 20, 2015
MUMBAI: Canadian asset management firm Brookfield is looking to set up a real estate investment trust
CBI mulling option of closing probe into Tata-Unitech deal
Jan 12, 2015
NEW DELHI: After re-opening a probe into whether funds from the Rs 1,700 crore Tata Realty-Unitech land deal were diverted for spectrum purchase, the CBI is mulling the option of closing the case again
Global investors buy $2 billion office space in 2014
Dec 18, 2014
BENGALURU: Foreign investors have bought tenanted office space worth over $2 billion in India
Unitech homebuyers protest ‘2 year delay’
Dec 15, 2014
GURGAON: More than 70 flat owners of the Unitech Vistas project in Sector 70 staged a protest against the developer over non-delivery
Tata Housing launches two projects on GOSF
Dec 11, 2014
New Delhi: Google’s Great Online Shopping Festival (GOSF) has become a launchpad for two projects of real estate firm Tata Housing
Independent floors: 4 builders get notice, more to follow
Dec 08, 2014
GURGAON: Following an order from the department of town and country planning (DTCP), the district town planner (enforcement)has issued notices to four builders
Realty stocks surge over 4% as RBI eases rules for low-cost home loans
Nov 27, 2014
MUMBAI: Realty index rallied after taking cue from the RBI announcement of easing rules for low-cost home loans
Unitech sales bookings down 26 per cent to Rs 527 crore during April-Septemeber
Nov 18, 2014
NEW DELHI: Real estate firm Unitech's sales bookings fell by 26 per cent to Rs 527 crore
Unitech group firm sells six realty projects for Rs 1,850 cr
Nov 06, 2014
Gurgaon: Unitech Corporate Parks (UCP), the London listed Unitech group firm, said that the company had completed a deal to sell its stakes in six IT-SEZ projects in India
Consumer activism: Buoyed by social media and pro-consumer courts, homebuyers take on errant builder...
Oct 22, 2014
MUMBAI | NEW DELHI | KOLKATA: The real estate industry is no more a 'seller's market' and is in fact a 'buyer's market'
Unitech flat buyers in Noida protest against delays
Sep 13, 2014
Protests over delays in completion of real estate projects today reached doorstep of government ministers, including Prakash Javadekar, when some aggrieved buyers used an industry conference to air their grievances
Haryana says DLF deal 'transparent'
Sep 05, 2014
With assembly elections round the corner, the Punjab and Haryana high court's order on Wednesday cancelling the auction that saw 350.7 acres of land being allotted to real estate giant DLF came as a big jolt to the Haryana government
FIR against realtor in fraud case
Aug 16, 2014
Gurgaon's Sadar police station has registered an FIR against Unitech Realty and seven people in an alleged multi-crore fraud case, following a court order
Real estate shares on a roll; Realty index surges 6%
Jun 14, 2014
MUMBAI: Shares of real estate companies are on a roll with most of the frontline stocks trading higher by up to 17% on the bourses after President Pranab Mukherjee in his joint address to the Parliament today said that the government proposes proper housing to all citizens by 2022.
Real estate majors' stocks crack under political pressure
May 02, 2014
DELHI: Shares of New Delhi-based realty majors DLF and Unitech came under heavy selling pressure on Wednesday, falling eight per cent each, the most in three months.
Brookefield Asset Management eyes 100% stake in Unitech Corporate Parks
Apr 05, 2014
DELHI: Canadian asset management firm Brookefield Asset Management is seeking to acquire 100% stake in Unitech Corporate Parks, a London Stock Exchange-listed India-focussed real estate investment firm.
Unitech signs Rs 1,100-cr leasing deal with Aricent, Fidelity
Mar 28, 2014
DELHI: Realty major Unitech has leased about one million sq ft office space in its under-construction SEZ at Gurgaon to Aricent and Fidelity in a deal that would give about Rs 1,100 crore rental income over 15 years
Unitech sells 11 acres of land to pay LIC loan
Mar 12, 2014
DELHI: UnitechBSE 3.12 % has sold two plots of land in Mysore and one in Bangalore with a total area of 11 acres for more than 130 crore, a senior executive at India's fourth biggest real estate firm said. Part of the proceeds will be used for paying an overdue installment of a 200-crore loan taken from Life Insurance Corporation of India, he said, asking not to be named.
Unitech says servicing LIC loan; to clear it by March-end
Feb 27, 2014
MUMBAI: Real estate developer UnitechBSE -2.97 % has claimed that it has been regularly servicing the Rs 200-crore loan it had taken from LIC, even though a senior official of the life insurance major said they are looking into the account as it is a very serious matter.
Finance cost pulls down Unitech net
Feb 15, 2014
DELHI: Real estate developer Unitech has posted a 61 per cent decline in its net profit to Rs 32.8 crore for the the quarter ended December 31 because of higher expenses and finance costs.
Unitech in talks to sell two hotels in NCR for about Rs 600 crore
Jan 16, 2014
DELHI: Realty major Unitech plans to sell its two hotels in Noida and Gurgaon for an estimated Rs 600 crore as part of the strategy to divest commercial properties.

Latest Realty News Of State

Realty Talk's