Latest Realty News

‘No occupation papers but forced to take flat’
Aug 19, 2014
Deepak (name changed) had invested in a 2-BHK apartment at Vatika India Next in Sector 82, hoping it would be his dream home in Millenium City with all modern facilities, while he lived in a rented pad in the capital. The project, however, has been delayed and he says he is now being forced to take possession without a grant of occupation certificate (OC)
Karnataka HC stops sale of flats at Mallya's luxury Kingfisher Towers
Aug 18, 2014
UB group Chairman Vijay Mallya has got another problem to deal with. After razing his ancestral bungalow, housed in an expansive 4.5-acres of prime location in the central business district of Bangalore, Mallya's attempt to unlock value in the land by building the luxury Kingfisher Towers has been stalled.
People protest as apartments delayed, builder cries political plot
Aug 18, 2014
About 100 residents of Panchkula held a protest near the upcoming Ess Vee Apartments in Sector 20 on Sunday, alleging that the builder had not given them possession of apartments although they had paid 90 per cent of the cost
Donald Trump: 'India's real estate market will pick up'
Aug 16, 2014
In the world of luxury property there are few more famous faces than Donald Trump - the multi-billionaire who built his fortune through New York real estate.
Pharande Spaces launches township project in Pune
Aug 16, 2014
Real estate firm Pharande Spaces launched a luxury township project -- Puneville -- at Pune in Maharashtra
Piramal raises Rs 100 crore for residential realty fund
Jul 09, 2014
MUMBAI: Ajay Piramal-led Piramal Fund Management today said it has raised Rs 100 crore in a fund, which will be focusing on residential real estate investments.
Delhi Development Authority plan in the offing to build 4,500 flats for the elderly
Jul 08, 2014
DELHI: Delhi Development Authority has drafted a proposal to create the biggest housing project for the elderly built with government participation in the country. Spread over 24 acres in Rohini, the plan is to construct around 4,500 one-room flats for the elderly on rental basis with common kitchens, canteens, medical and recreational facilities.
Ultra-luxe NCR apartments a rage with expats, corporate travellers
May 12, 2014
DELHI: If you have recently arrived in Gurgaon, Noida or Delhi for work, and don’t like the idea of putting up at a hotel, you need not live out of a suitcase. An increasing number of business travellers coming down to this neck of the woods for a few days, weeks, months or years are opting for a more homely experience. Thanks to a whole new crop of plush apartments in NCR that are being converted into beautiful homes, visitors are now choosing to opt for full-service apartments that are being p
EOW Proposes to Attach Assets of Two Chit Fund Companies
May 02, 2014
BHUBANESWAR: The Economic Offences Wing (EOW) on Saturday proposed for attachment of assets of two chit fund companies which had been booked for running illegal money circulation schemes in the State.
Homi Bhabha's bungalow put on the block, priced at Rs 257 crore
Mar 13, 2014
MUMBAI: The iconic bungalow where Dr. Homi J Bhabha, father of India's atomic energy programme lived for years, has now been formally put on block. The reserve price for the property, which had been home to the illustrious Bhabha family including Dr. Homi Bhabha and Dr. Jamshed Bhabha, is set at Rs 257 crore.
Apartment owners wake up to a demolition
Mar 08, 2014
BANGALORE: It was 6.30am on Tuesday and many residents of Sobha Garnet, an apartment complex on Outer Ring Road, were asleep when a huge commotion outside woke them up. There were bulldozers, a police vehicle and media at daybreak outside their apartment. The compound wall, they were informed, was on encroached land and therefore had to be razed down.
No water for tax defaulters: Municipal corporation
Feb 08, 2014
COIMBATORE: The city municipal corporation is resorting to stringent measures to ensure that property tax defaulters of the second half of 2013-14 financial year pay up the arrears without further delay.
Plaint to Lokayukta against Bangalore South MLA over 'land-grabbing'
Feb 05, 2014
BANGALORE: Bangalore South MLA M Krishnappa has been accused of using his authority to get the Uttarahalli lake land illegally denotified. He allegedly gifted the land to his daughter and son-in-law, who built an apartment complex on the land.
Chennai coastline to get snazzy with govt realty project
Jan 13, 2014
CHENNAI: Foreshore Estate off Marina may turn into a swank esplanade with the state government planning to build 560 high-end apartments on the sea-front.
Apartment owners form forum to fight for rights
Jan 13, 2014
MARGAO: Stakeholders, essentially apartment owners, in the collapsed Ruby Residency and other projects by the same builders in Canacona have formed a forum to collectively decide on their future course of action. A helpline for other stakeholders to get in touch with them has also been launched.
Houses that can be transported
Jan 07, 2014
BANGALORE: How much time does it take to build a house? Four to six months, at least? Well, here is a technology that helps build a minimum of four houses a day. These are ready-made houses built in the factory with the amenities required and transported to the construction site. Of course, this is applicable only for vertical or group housing structures such as apartment complexes and hotels.
Siemens puts 12 Mumbai properties on sale for Rs 40 cr
Dec 15, 2013
MUMBAi: Siemens has put its12 residential apartment properties in Mumbai on sale with a combined base price valuation of about Rs 40 crore.
Global brands entering the uber-luxury homes in NCR
Dec 03, 2013
DELHI: The National Capital Region (NCR) has seen a slew of luxury apartment launches.A number of such high-end projects with world-class specifications were launched in the last one-year; these come with the promise of high-quality after-sale services and, in some cases, with an assured provision of 5-star living experience.
Apartment life in Chennai
Nov 26, 2013
CHENNAI: A hassle free apartment or a flat or a house is fast getting extinct from the city.Last Sunday, I drove 50 km from the city with my daughter to the nearest village to show her a live chicken. Days are not too far for you to show your grandchildren how a hassle free Independent house looks like. Because a hassle free apartment, flat or a house has become a species which is fast getting extinct from the city.
High-end homes of Real Value
Nov 09, 2013
CHENNAI: Czar’s is a luxury residential project at the upmarket R.A. Puram. The project from Real Value Promoters offers 18 apartments of 4,500 to 6,000 sq.ft with premium features. Priced at about Rs 29,300 a sq.ft, an apartment at the project will cost about Rs 14.5 crore to about Rs 20 crore.
Kerala developers going for Crisil star ratings
Nov 02, 2013
KOCHI: As the realty sector faces tough times, more developers from Kerala are going for Crisil 7 star rating. The 7 star rating is the topmost real estate project rating given by Crisil.
Studio apartments emerging as a smart investment in Delhi/NCR
Oct 31, 2013
DELHI: Top realty players like DLF, JP Group, Wave Infratech, Paras Buildtech, Eldeco, Assotech Realty, Supertech, Amrapali, etc, are following in the footsteps of New York and London where fashion designers, musicians and artistes use such space for their studios. Professionals like lawyers, CAs, architects, doctors, etc, are now using them as smart offices, while corporate houses find these very convenient as guesthouses.
BBCL Sukriti offers luxury apartments
Oct 28, 2013
CHENNAI: Bharat Building Construction (I) Pvt. Ltd is developing ultra luxury apartments in T. Nagar, the residential and commercial hub of Chennai.
Urban mess floods real estate hub
Oct 27, 2013
BHUBANESWAR: Raghunathpur near Patia is fast gaining the notoriety of Sundarpada, which is infamous for waterlogging at compounds of highrises and apartments due to unplanned construction.
Infrastructure problems, title disputes plague affordable homes
Oct 18, 2013
MUMBAI: The affordable homes market, thriving on the outer fringes of Mumbai, is beset with problems like lack of infrastructure, poor transport connectivity, issues of land titles and delayed clearances.

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