Latest Realty News

Get a valid agreement before sharing the apartment
Oct 17, 2013
MUMBAI: Ritu Mishra, 26, agreed to share an apartment with a friend who was already staying on leave and license. However, when Mishra wanted to leave the place due to a tiff with her friend, the friend refused to return her deposit. To Mishra's misery, there was no evidence on which she could fight or claim her deposit. Reason: The original agreement was in the name of her friend. The landlord had allowed them to share the apartment on an oral consent without filing a fresh agreement between bo
Service apartments: an indispensible part of real estate in Gurgaon
Oct 15, 2013
DELHI: An idyllic place for longer business trips, the service apartments offer the supreme blend of comfort and privacy of a home with the services of a luxurious hotel room at a much lower price
Only builders will gain from demolition: Campa Colony society resident
Oct 11, 2013
MUMBAI: Residents of Campa Cola society in Worli are an embittered lot. Not only are they set to lose their apartments, they are upset that the lone beneficiary of the demolition will be the unscrupulous builders or the new builder, who could approach the civic body with fresh building plans.
Pragmatism to drive Mumbai’s realty growth
Oct 10, 2013
MUMBAI: Statistics may highlight the rising realty inventory but the undercurrent in the Mumbai property market indicates that revival is very much on the cards.
Studio apartments – a smart investment option
Oct 08, 2013
DELHI: Studio and serviced apartments have emerged as smart economical investment options in India, as several prominent developers have started offering these in other parts of the country as well. The demand for studio apartments is outstripping the existing supply, generating high rental income, property appreciation and offering opportunities to high-value business tenants. Investors, especially NRIs, believe that investment in studio apartments is a wise and cost-effective decision, as it o
Strong investor interest for Unitech Gurgaon SEZ: Chairman Ramesh Chandra
Sep 27, 2013
DELHI: Realty firm Unitech has received strong investor interest from potential buyers for the sale of company's Special Economic Zone (SEZ) in Gurgaon, a top official said today.
Asset Homes’ new property ready
Sep 25, 2013
THIRUVANANTHAPURAM: Asset Homes will hand over keys to 408 digital apartments spread in six towers at Asset Signature, its newest launch here, on Wednesday. This is the builder’s 28th completed project, V. Sunil Kumar, managing director, Asset Homes, told newspersons here. K. Anil Varma, executive director, was also present on the occasion. Asset Signature has ‘7-star’ rating from Crisil.
Post – IT boom, 60000 units unsold in Bangalore
Sep 13, 2013
BANGALORE: This city has over 700 residential projects comprising apartments, villas, row houses and plots amounting to 1.82 lakh units under development. An inventory of roughly 60,000 units remains unsold. Of these 80% are apartments and 10% plots, property consultant L J Hooker says.
Kudumbashree takes up apartment maintenance
Sep 12, 2013
KOCHI: The Kudumbashree Mission is venturing into the service sector by acting as the nodal agency to provide maintenance support to multi-storeyed apartments and gated communities.
Mumbai developer launches project in Varanasi
Sep 09, 2013
MUMBAI: One of the oldest real estate developers in Mumbai, S Raheja Realty has moved into Varanasi to develop 140 apartments totalling over two lakh sq ft.
Govt reaches out to airport operators for highrises in Bangalore’s CBD
Sep 03, 2013
BANGALORE: In a bid to make Namma Bengaluru mirror the highrise culture of a Shanghai or Singapore, the state government is seeking the cooperation of Hindustan Aeronautics Limited (HAL), the operators of the city’s old HAL airport, to allow builders to go vertical. Situated in the heart of Bangalore, HAL airport issues no-objection certificates (NOCs) on height limits to developments situated approximately in a 5-kilometre radius around the airport. Until 2010, the Airports Authority of India w
Elders take up Bill on regulator for real estate
Aug 16, 2013
DELHI: The Real Estate (Regulation and Development) Bill 2013, aimed at inducting professionalism and standardisation in the sector, was tabled in Rajya Sabha here on Wednesday.
The new India wants luxury
Aug 12, 2013
DELHI: The rising demand for luxury homes has given a new face to housing concepts in India. Real estate developers are launching an array of luxury projects in metros and peripheral areas, and Tier II and III cities.
Chennai realtor eyes Kerala cities
Aug 05, 2013
KOCHI: Chennai-based builders Southern Investments has announced plans to enter major cities in Kerala with modern residential complexes.
Luxury housing, redevelopment caters to demand in RA Puram
Jul 22, 2013
CHENNAI: Touted as one of the most-developed residential locations in Central Chennai, RA Puram is considered to be the ultimate residential abode in the city if one is looking for a well-connected and up-market yet calm area.
Developers now homing in on studio, serviced apartments
Jul 01, 2013
DELHI: Real-estate players are now eyeing first-time home buyers, expats and those who come for medical treatment by offering studio and serviced apartments. Even non-resident Indians who want to park their funds in real estate seem to be keen.
Multi-storey in high demand in Delhi
Jun 11, 2013
DELHI: Demand for multi-storey buildings in Delhi was recorded as approximately 53 per cent during the Feb-Apr 2013 period, a rise of 2 per cent from the Nov 2012-Jan 2013 period. The growing space crunch in the capital city could be the reason behind the demand for multi-storey units being the most preferred property type across all categories.
Govt mulls changes in Apartment Ownership Act
Dec 07, 2012
BHUBANESWAR: The government is planning to make formation of housing societies in apartments a time-bound process. It is also mulling to give tenants the same rights and responsibilities to use apartment facilities as that of owners.

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