Latest Realty News

Dec 22, 2015
Mumbai: Realty player Housing Development and Infrastructure Ltd (HDIL) has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore.
Dec 22, 2015
New Delhi: Reliance Communications on Monday said it had sold nearly 150 residential flats in Navi Mumbai for Rs 330 crore as part of its asset monetisation plans aimed at lowering debt.
Dec 21, 2015
Bhubaneswar: A plantation drive was organized by the Credai Odisha today here at Gajapatinagar where numerous dignitaries participated to support the cause. Ananta Narayan Jena, Mayor, Bhubaneswar, Priyadarshi Mishra, MLA and Akash Dasnayak, MLA & the Brand Ambassador of CREDAI Expo 2016 had attended the drive - ‘GO GREEN WITH CREDAI’.
Dec 19, 2015
Bhubaneswar: Police on Friday arrested real estate developer Ratikant Kanungo from Saheed Nagar here on charges of duping land buyers of more than 10 lakh. Kanungo is CMD of Shibani Estates and Promoters Ltd.
Dec 19, 2015
Bhubaneswar: CBI, which is probing the Odisha mega chit fund scam, on Friday filed a chargesheet against Real Alliance Estates Private Limited, a Ponzi firm, in the CBI special court here. CBI is at present probing the scams of 44 companies.
Dec 19, 2015
New Delhi: Housing prices increased by 13.7 per cent during July-September of this fiscal year compared with year-ago period but the annual growth rate has slowed down, according to a report to the Reserve Bank of India (RBI).
Dec 18, 2015
Thiruvananthapuram: The Kerala Real Estate (Regulation and Development) Bill has been framed in the backdrop of widespread frauds in the sector, urban affairs minister Manjalamkuzhi Ali said in the assembly on Thursday. The bill was passed by the assembly after a discussion that lasted over four hours.
Dec 17, 2015
New Delhi: The government will consider the real estate industry's demand to remove double taxation on developers who have to pay both labour cess as well as PF/ESI, Labour Minister Bandaru Dattatreya said on Wednesday.
Dec 17, 2015
US housing starts in November rebounded from a seven-month low and permits surged to a five-month high, signs of strength in the housing market that could give the Federal Reserve more confidence to raise interest rates on Wednesday.
Dec 17, 2015
Mumbai: A relaxed FDI (foreign direct investment) policy for the realty sector has reinforced the confidence of overseas investors and has helped India regain its place as one of the preferred investment destinations, according to a survey by PwC.
Dec 15, 2015
New Delhi: Hospitality chain Hotel Leelaventure on Monday completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
Dec 14, 2015
NEW DELHI: Realty firm Vipul Ltd has raised Rs 150 crore from DMI Finance Ltd to develop a luxury housing project in Gurgaon.
Dec 11, 2015
New Delhi: Around 8,500 allottees - almost one-third - of a housing scheme of Delhi Development Authority (DDA) have surrendered their flats, Rajya Sabha was informed on Thursday.
Dec 10, 2015
CHANDIGARH: The District Consumer Disputes Redressal Forum has fined managing director Udey Raj Singh Brar and director Amarjit Singh of real estate firm UK Homes with Rs 10,000 each, holding them guilty of non-compliance of orders to refund more than Rs 4.50 lakh to a complainant. They would face imprisonment of three years if they failed to comply with the orders, the forum ordered.
Dec 10, 2015
New Delhi: The Union Cabinet on Wednesday approved the Real Estate (Regulation and Development) Bill, 2015 which will now be taken up for consideration by the Parliament. Chaired by Prime Minister Narendra Modi, the Cabinet gave the nod to the Real Estate (Regulation and Development) Bill, an initiative to protect the interest of consumers, promote fair play in real estate transactions and to ensure timely execution of projects.
Dec 10, 2015
New Delhi: The government on Wednesday reached out to the Opposition including the Congress by agreeing to incorporate in the Real Estate (Regulation and Development) Bill 2015, a provision requiring real estate developers to deposit 70 per cent of the project cost in a separate escrow account.
Dec 10, 2015
New Delhi: Housing prices have fallen by an average 15-20 per cent across the country in last 18 months and there is no scope for further reduction, realtors' apex body CREDAI said on Wednesday.
Dec 09, 2015
MUMBAI: The Maharashtra government's efforts towards reducing the number of approvals needed for a realty project is expected to make private housing relatively affordable. The move is also expected to ease developers' cash flow issues as approvals for their projects will be faster, said JLL India in a report.
Dec 09, 2015
NEW DELHI: Hyderabad remains the most affordable metro for home buyers, followed by Ahmedabad and Kolkata.
Dec 08, 2015
THIRUVANANTHAPURAM: Local protests solely might not have derailed the master plan of city corporation.
Dec 07, 2015
MUMBAI: Godrej Properties, the real estate development arm of the Godrej Group, has sold 300 apartments within one week at its newly launched project The Trees at Mumbai's Vikhroli suburb, the company said in a statement.
Dec 05, 2015
NEW DELHI: With repeated disruptions in second week of the winter session putting its legislative agenda on the back burner, the government has proposed heavy business in both Houses of Parliament next week, listing key legislation like GST and Real Estate bills for consideration and passage.
Dec 05, 2015
Bhubaneswar, Dec. 4: The Odisha chapter of the Confederation of Real Estate Developers' Association India (Credai) is also planning to use social and digital media to sale properties.
Dec 05, 2015
BENGALURU | MUMBAI | NEW DELHI: It's still too early to count the losses from the unprecedented floods and torrential rains in Chennai that have impacted people from all walks of life, but one of the worst hit businesses clearly is real estate.
Dec 04, 2015
NEW DELHI: Realty firm Amrapali today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.

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