Latest Realty News

Builders-struggle-to-sell-houses-in-Surat
Aug 06, 2015
SURAT: There is a supply overhang of houses in the Diamond City with around three lakh flats lying vacant for a couple of years now.
Affordable-home-launches-up-320%,-developers-offer-7,000-affordable-units-in-first-quarter-
Aug 06, 2015
NEW DELHI: The real estate market in the country's top eight cities recorded a 320% year-on-year jump in affordable home launches in the quarter to June, according to a report by property advisory Cushman & Wakefield, indicating a shift in strategy by builders to beat the slump.
SC-considers-appointing-receiver-for-Sahara-assets
Aug 04, 2015
NEW DELHI: The Sahara group's inability to raise Rs 10,000 crore, half in cash and half through bank guarantee, to seek release of its chief Subrata Roy and two directors from jail made the Supreme Court on Monday think aloud about the possibility of appointing a receiver for the group.
Fewer-new-housing-launches-in-kolkata,-sale-lowest-among-top-eight-cities
Aug 04, 2015
KOLKATA: The realty boom that kept Bengal's economy churning has switched to reverse gear. Not only has new launches dipped, but sale of apartments is also the lowest among the top eight cities.
RBI-policy-desolates-realtors;-want-rate-cut-to-boost-sector
Aug 04, 2015
Real estate industry on Tuesday expressed disappointment over RBI's decision to keep the key interest rates unchanged, saying rate cuts were required to boost manufacturing and property sectors.
PE-investment-in-realty-rises-16-per-cent-to-Rs-6,010-crore-in-Jun-quarter
Aug 03, 2015
NEW DELHI: Private equity (PE) investment in the real estate sector rose by 16 per cent to Rs 6,010 crore in April-June period as developers raised funds to complete existing projects on account of slow sales, says a report.
Buyers-point-to-loopholes-in-Rajya-Sabha-report-on-real-estate-bill
Aug 03, 2015
NOIDA: NCR homebuyers, who made significant contributions in the shaping of the Real Estate Regulation and Development Bill, have by and large welcomed the report by the 21-member select committee on the Bill, submitted to the Rajya Sabha on July 30.
Gurgaon-best-bet-for-office,-Noida-loses-out:-Report
Jul 29, 2015
NOIDA: Noida has few takers for office space, despite being more affordable than Gurgaon. This inference can be drawn from a recent study by an international real estate research group. Experts attribute it to a lack of support infrastructure for businesses in this city.
Pune-steals-a-march-over-Delhi-in-residential-realty
Jul 29, 2015
PUNE: Sales and new project launches in the country's real estate sector are recording a dip, but analysts observe that Pune continues to see an increase in sales and prices.
Bharti-Realty-ties-up-with-Eros-group
Jul 28, 2015
NEW DELHI: Bharti Enterprises' real estate firm Bharti Realty on Monday said it has tied up with Eros Group to develop a housing project at Surajkund.
MMR-housing-market-records-worst-half-year-post-global-financial-crisis
Jul 28, 2015
MUMBAI: Housing market in Mumbai Metropolitan Region has recorded worst half-yearly performance since global financial crisis in 2008 with around 2 lakh unsold homes and weakening sales, showed a report released by Knight Frank India for the period ending June.
JLL-India-asks-home-buyers-to-avoid-Noida-Extension,-Greater-Faridabad-
Jul 24, 2015
NEW DELHI: Property consultant JLL India has advised home buyers to avoid certain locations, including Noida Extension, in Delhi-NCR real estate market due to delays in projects delivery, oversupply, speculation and lack of infrastructure.
Fullerton-India-receives-housing-finance-licence-from-NHB
Jul 23, 2015
Mumbai: Non-banking finance company Fullerton India on Thursday announced the receipt of housing finance licence from National Housing Bank.
'Housing-for-all'-project-to-give-Indian-economy-a-much-needed-boost
Jul 23, 2015
MUMBAI: The Housing for All (HFA) project will give the Indian economy a much needed boost. However, its success will depend on the ramping up of the existing urban infrastructure, fast tracking of approval processes and also targeting the actual beneficiary, says India Ratings and Research (Ind-Ra).
No-hike-in-circle-rates-for-flats-in-noida
Jul 21, 2015
NOIDA: There will be no increase in circle rates for flats in Noida and Greater Noida this year. The UP stamps and registration department on Monday announced fresh circle rates for Noida and Greater Noida, keeping in view the slump in the real estate sector. The new circles rates will come into effect from August 1.
Government-nod-made-must-for-plot-sale-in-Himachal-Pradesh
Jul 21, 2015
SHIMLA: The Himachal Pradesh government has made seeking prior approval mandatory before registration of a plot's sale deed. In order to ensure the planned and regulated development in all areas, the state government has decided to ensure strict enforcement of the Town and Country Planning Act and its rules
Credai-aims-at-new-synergy-between-government,-real-estate-players
Jul 17, 2015
COIMBATORE: Credai is aiming to establish a new synergy between real estate developers and government, while rallying its support to push for a single window clearance system, industry body's National President Gitambar Anand said today.
Land-bill-not-to-affect-real-estate-developers:-CREDAI
Jul 17, 2015
COIMBATORE: The proposed Land Acquisition Bill would in no way impact the real estate sector in the country, CREDAI said today.
State-Bank-of-India-ties-up-with-Bankbazaar.com-for-home-loans
Jul 14, 2015
PUNE: State Bank of India (SBI) has entered into a tripartite memorandum of understanding (MOU) with online financial product aggregator bankbazaar.com and the bank's subsidiary SBI CAP Securities Ltd. (SSL) to display its housing loan products on the bankbazar website.
Floor-area-ratio-hiked-around-rapid-transit-systems-in-Delhi
Jul 14, 2015
NEW DELHI: Urban Development Ministry today almost doubled the floor area ratio for constructions around mass rapid transit systems like the Metro, albeit with some riders, to address the issues of traffic congestion and shortage of housing in Delhi.
Realty-seeks-friendly-government-policies-in-Punjab
Jul 14, 2015
CHANDIGARH: Real estate in Punjab has failed to come out of the long-drawn slump and realtors feel the state government has not done enough to incentivize property business with its unfriendly' policies. The issue will be taken up with union finance minister Arun Jaitley during his visit to Amritsar on Tuesday by associations of property dealers from the state.
DC-sets-up-Gurgaon-Arbitration-Council-for-builder-disputes
Jul 13, 2015
GURGAON: A Gurgaon Arbitration Council (GAC) was constituted as ombudsman to resolve disputes between consumers and builders on Sunday at a meeting attended by builders, administration officials and RWAs.
NCR-flat-buyers-to-launch-fresh-protest
Jul 13, 2015
NOIDA: Ten buyers associations from across NCR have now threatened to launch protests from July 19, stating they feel "used and disregarded by interest groups".
Master-plan-for-15-cities-on-cards
Jul 13, 2015
PATNA: State urban development and housing department (UDHD) principal secretary Amrit Lal Meena on Saturday said the administrative system and people need to be smart to make a 'smart city' as only pumping resources will not make the city smart.
ICICI-Bank-gets-inquiries-for-its-housing-finance-company,-may-sell-soon
Jul 11, 2015
Country's largest private sector lender ICICI Bank on Friday said it has received enquiries from potential suitors for its housing finance arm, and is expected to soon take a call on it.

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