Latest Realty News

K-Raheja-Corp’s-IT-building-at-Whitefield,-Bengaluru-gets-USGBC-Gold-LEED-Rating
Feb 20, 2017
K Raheja Corp, India’s leading real estate developer has received the Gold Leadership in Environment and Energy design (LEED) certification from the US Green Building Council for its IT building at Whitefield, Bengaluru.
Piramal-Fund-Management-sanctions-Investments-of-around-INR-2000-Crore
Feb 15, 2017
15 February 2017 : Piramal Fund Management (PFM), the financial services division of Piramal Enterprises, has sanctioned investments worth approximately INR 2000 Crore within three months of launching Flexi Lease Rental Discounting (LRD) for completed commercial assets that include office and retail space.
Government-Rules-Out-Tax-Incentive-Beyond-Rs.-2-Lakh-For-Second-Home
Feb 04, 2017
New Delhi: Ruling out rollback of the proposal to restrict tax incentive for second home to Rs. 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.
Union-Budget-2017-gives-infrastructure-status-to-affordable-housing
Feb 01, 2017
In Union Budget 2017,Finance Minister Arun Jaitly reserved his best for the real estate sector,which witnessed a slump post demonetization.
Reliable-Rating-For-Developers-Launched
Jan 26, 2017
The launch of Genuine Reliability and Customer Satisfaction GRACS Star rating for developers by GharaBari.com would bring transparency in the realty sector.
Odisha-capital-city's-growth-linked-to-real-estate-developers
Jan 21, 2017
BHUBANESWAR: Real estate developers have contributed a lot for the fast development of the Capital City by providing facilities of metro life under one roof, said Vice-Chairman of Bhubaneswar Development Authority (BDA) Dr Krishan Kumar.
Credai-Odisha-to-hold-4-days--property-expo-from-12th-January-
Jan 05, 2017
Credai Odisha Chapter is going to hold 4 days property expo from 12th January to 15th January at Janata Maidan, Bhubaneswar.
Property-cards-issued-by-South-corporation
Dec 21, 2016
NEW DELHI: South corporation on Wednesday started distribution of Unique Property Identification Code (UPIC) cards along with inaugurating the "Link your Record" programme for residents in its jurisdiction.
JSW-Cement-launches-Heavy-Duty-Concreel-HD-Cement
Oct 21, 2016
Hyderabad : With its unceasing efforts in expanding its horizons and giving something new and beneficial to the society, JSW Cement, one of India’s leading cement has added to its foray, a superior quality product called as Concreel HD -One Cement Six Strengths.
Hyderabad-has-huge-potential-for-modern-retail:-Knight-Frank
Sep 08, 2016
Knight Frank India today launched the first edition of its report on Hyderabad retail sector titled – Hyderabad Retail: Unlocking the Potential. The reportlooks into the emerging trends in multi-channel retailing, shopping centers and new formats.
DLF-could-look-at-tweaking-residential-business-model-post-notification-of-RERA-rules-
Aug 31, 2016
NEW DELHI: real estate firm DLF is waiting for the final rules under the real estate regulatory act to be notified to see how it can tweak its business model going forward, said Saurabh Chawla, senior executive director (finance) at DLF during a call with analysts.
Revival-of-real-estate-sector-is-top-priority-of-the-government:-Ravi-Shankar-Prasad-
Aug 20, 2016
NEW DELHI: The government is willing to provide more incentives for the well-being of the real estate and construction sectors but it has to become more proactive and sensitive towards constructing low-cost housing with high quality for intended beneficiaries, said Ravi Shankar Prasad, minister of Law & Justice, Electronics & Information Technology.
'Over-2-lakh-houses-built-under-central-schemes-in-2-years'-
Aug 11, 2016
NEW DELHI: The minister of state for housing and urban poverty alleviation Rao Inderjit Singh told Lok Sabha on Wednesday that 2.24 lakh homes have been constructed for urban poor under the old and new housing programmes during the last two years.
Amaravathi-has-the-potential-to-become-a-world-class-city:-Knight-Frank-
Aug 09, 2016
Hyderabad, August 04, 2016: Knight Frank India, the leading global property consultants today released an exhaustive report on the two upcoming state capitals--Amaravathi & Naya Raipur.
Under-construction-flat-to-cost-more-after-GST-Bill-is-rolled-out
Aug 05, 2016
NEW DELHI: Prices of underconstruction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there.
GST-To-Benefit-Realty-Sector,-Lower-Tax-Burden:-Developers
Aug 04, 2016
New Delhi: Implementation of the Goods and Services Tax (GST) law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.
Record-1.35-lakh-buyers-sign-up-for-972-MHADA-Homes-
Aug 02, 2016
MUMBAI: The Maharashtra Housing and Area Development Authority (MHADA) has received over 1.35 lakh applications for its 972 houses being sold through a lottery. The overwhelming response only reiterates the pent-up demand for affordable housing in India's commercial capital.
Affordable-home-loans-to-witness-strong-growth:-Moody's-
Jul 26, 2016
The underwriting practices of lenders are vital to controlling credit risk in India's affordable housing loans segment, which is set to grow strongly over the next few years as the government tries to increase home ownership among underprivileged groups, says Moody's Investors Service.
Home-buyers-left-in-lurch!-50,000-Noida-Extension-flats-ready-but-not-the-roads-
Jul 23, 2016
NOIDA: Possession of 50,000 flats is slated for this year-end in Noida Extension but lack of infrastructure and amenities like streetlights, roads, security, water connections and power supply is set to delay the handover.
Over-40%-Allottees-Returned-DDA-Flats:-Government
Jul 22, 2016
New Delhi: Over 40 per cent of the houses allotted by the DDA under its Housing Scheme 2014 have been surrendered or cancelled with some allottees complaining about the size of the flats and locality, the government on Thursday said.
Supreme-Court-Asks-Supertech-To-Deposit-Rs-5-Crore
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.
Real-estate:-Should-you-opt-for-a-'book-now-and-pay-later'-scheme?-
Jul 18, 2016
Pramod Kumar lives on rent in a metro and wants to buy an apartment. Recently, he came across an ad for homes available under a 15:75:10 payment plan. Also known as subvention schemes, these are bank financing for home loans, where the borrower pays only 15% of the property value at the time of booking. The lender pays 75% at various stages of project completion and the borrower pays the balance 10% at possession. There is also a No EMI for 24 months offer. Should Kumar opt for it?
Pradhan-Mantri-Awas-Yojana:-Rs-66.65-crore-provision-made-for-Haryana-
Jul 15, 2016
CHANDIGARH: The Centre has made a provision of Rs 66.65 crore for Haryana under the Pradhan Mantri Awas Yojna for 2016-17.
Real-estate-could-be-exempted-from-central-environmental-rules
Jul 13, 2016
Following the NDA government’s “Ease of Business” mantra, the environment ministry has proposed that the entire construction sector could be exempted from mandatory environmental clearances
High-costs,-sluggish-job-market-hurt-home-sales-
Jul 08, 2016
MUMBAI: Rising affordability concerns and a sluggish job market continued to push home prices downwards, according to a report released by Nomura. At all-India level house price inflation continued to moderate at a fast pace and eased to its lowest recorded level of 5.2% in Q1 2016, as per the Reserve Bank of India's housing price index (HPI). House price inflation was recorded at 9.8% in Q4 2015.

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