Latest Realty News

One-Third-Allottees-of-DDA-Housing-Scheme-Surrender-Flats
Dec 04, 2015
New Delhi: Nearly one-third allottees of Delhi Development Authority (DDA) flats under Housing Scheme 2014 have surrendered their flats, the Urban Development Ministry said on Thursday.
Rise-in-land-auction-prices-may-hurt-realty-revival-in-Hyderabad-
Dec 02, 2015
HYDERABAD: Disputing the claims of Telangana government that the record prices yielded in the latest round of land auction in Hyderabad reflected the boom in realty market, builders and global property consultants have cautioned that towering costs could actually deter the entry of national and international players.
New-FDI-policy-impact-on-realty-to-be-more-long-term,-unlikely-to-increase-FDI-in-near-term:-Fitch-R...
Dec 01, 2015
NEW DELHI: Easing of investment norms under Foreign Direct Investment (FDI) policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term, ratings agency Fitch Ratings has said.
Mumbai-realty-shows-signs-of-life-again-as-home-sales-rise-28%-
Dec 01, 2015
MUMBAI: Elusive home buyers, at least some of them, are finally returning to the Mumbai property market. Direct discounts of 5-10 per cent, reduction in apartment sizes and falling interest rates have pushed cumulative residential property sales in the last four quarters by 28 per cent compared with the corresponding period, showed a JLL India report.
BlackSoil-Realty-to-invest-Rs-25-cr-in-Ahuja-Constructions’-residential-project-
Nov 30, 2015
MUMBAI: BlackSoil Realty Fund-I is set to invest Rs 25 crore in realty developer Ahuja Constructions' residential project in central Mumbai's Sion locality.
Xander-Group-plans-to-lap-up-more-realty-in-India-
Nov 30, 2015
BENGALURU: The Xander Group, which owns a portfolio of 66 million sq ft worth real estate assets in India, is looking to scoop up more across the retail, commercial and residential segments, the founder of the global investment firm said.
No-hike-in-guidance-value-of-Bengaluru-properties-till-budget:-State-government-
Nov 30, 2015
BENGALURU: The State government has decided not to increase the guidance value of properties in Bengaluru and the rest of Karnataka at least until the state Budget session.
Ashiana's-Marine-Plaza-project-to-resume-next-month
Nov 28, 2015
JAMSHEDPUR: Leading real estate development company Ashiana HousingBSE 2.44 % Limited today expressed confidence that construction work of its ambitious project 'Marine Plaza' here will restart from next month.
2015-to-see-absorption-of-31-million-sq-ft-of-office-space-in-top-Indian-cities:-Assocham-JLL-study-
Nov 27, 2015
NEW DELHI: With the sentiment among corporates across the country improving, net absorption of office space in India expected to be about 31 million sq ft by the end of 2015, according to a joint study by industry body Assocham and property advisory firm JLL.
JP-Infra-triumphs-the-title-of-‘Best-sustainable-design-of-the-year’
Nov 27, 2015
Mumbai, 26th November, 2015: CISCO,delightedly presented‘India Sustainability Leadership Summit Awards’ for the first time in Mumbai today. The award celebrates the highest level of achievement by companies and individuals operating in real estate and infrastructure industry.
Housing-for-All-may-boost-economy-by-3.5%-by-2022:-Ind-Ra-
Nov 27, 2015
MUMBAI: Prime Minister Narendra Modi's ambitious project Housing For All has the potential to push up the country's economy by 3.5 per cent by 2022 with sectors supplying crucial inputs to the construction industry being the biggest beneficiaries, says India Ratings.
Lodha-Group-sells-super-luxury-duplex-apartment-in-Mumbai-for-Rs-160-crore
Nov 26, 2015
MUMBAI: In a record-setting transaction, realty developer Lodha Group has sold a super-luxury duplex apartment in South Mumbai's tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore, said two persons familiar with the development.
ASK-invests-Rs-125-cr-more-in-ATS-group’s-project,-takes-total-investment-to-Rs-252--cr-
Nov 25, 2015
NEW DELHI: Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group's 20-acre Le-Grandiose project in Sector 150, Noida, taking its total investment in the project to Rs 252 crore.
SBI-Life-Insurance-Company-buys-Rs-140-crore-office-space-in-Navi-Mumbai-
Nov 25, 2015
MUMBAI:In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1 lakh sq ft office space from L&T Realty at its mixed-use project L&T Seawoods Grand Central for Rs 140 crore, said three persons familiar with the matter.
MCHI-CREDAI-members-apprise-Prakash-Javadekar-of-issues-faced-by-builders-
Nov 24, 2015
MUMBAI: Members of realty developers' body MCHI-CREDAI met State Minister for Environment, Prakash Javadekar on Sunday to discuss issues related to Environment Ministry faced by builders, particularly delays in environmental clearances for real estate projects.
HDFC-Realty,-iBidmyHome.com’s-online-home-auction-gets-bids-worth-Rs-155-crore-
Nov 24, 2015
MUMBAI: Property advisory firm HDFC Realty has received bids worth Rs 155 crore under its multi-property online auction of ready-to-move in apartments in 8 residential projects across Bengaluru, Chennai and Kochi.
Siddha-Group-to-introduce-longest-jogging-track-
Nov 24, 2015
KOLKATA: Alongside introducing one of the first few skywalks to Kolkata's skyline, Siddha Group is claiming to throw in world's longest jogging track to thir Galaxia's Terrace Skywalk project in Rajarhat. The Rs 200 crore project that is being developed in four phases is launching their second phase that would have close to 500 apartments.
Fitch-expects-residential-property-prices-to-remain-resilient-in-2016-
Nov 23, 2015
MUMBAI: Fitch Ratings has said that it expected residential property prices to remain stable as builders are option to offer easy payment solutions rather than lowering prices. This was indicated by Fitch Ratings on Monday in a report on the 'Outlook 2016: Indian Homebuilders.
Tata-Housing,-Neptune-ink-pact-for-residential-project-
Nov 23, 2015
MUMBAI: Tata Housing Development Company has entered into an agreement with Mumbai-based real estate developer Neptune Group to jointly develop a 10-acre residential project in Bhandup, an eastern suburb of Mumbai, according to two persons familiar with the matter.
Once-a-'Burger-King',-now-a-real-estate-mogul
Nov 23, 2015
MINNEAPOLIS, MINNESOTA: Mahendra Nath's investment journey began with a duplex many years ago. Using the profit he made out of a appreceiating real estate market, he bought two Burger King restaurants, and continued to grow. His Nath Companies now has 6500 employees working in multiple sectors.
Government-wants-passage-of-'amended'-real-estate-bill-this-session-
Nov 22, 2015
NEW DELHI: The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.
GNIDA-cancels-allotment-of-100-acre-plot-to-Unitech-over-Rs-1,000-crore-dues-
Nov 21, 2015
GREATER NOIDA: The allotment of a 100-acre plot to real estate company Unitech BSE 0.28 % to build a group housing society has been cancelled by the Greater Noida Industrial Development Authority (GNIDA), which alleges the company owes it over Rs 1,000 crore and had failed to pay up for almost a decade.
Depressed-real-estate-market-proving-to-be-a-boon-for-organised-developers;-big-launches-lined-up-
Nov 21, 2015
NEW DELHI: The depressed real estate market is proving to be a boon for organised developers, which have continued to grow and gain market share although the broader market has been shrinking, said a Kotak Institutional Equities report.
City-industrialists-want-e-commerce-portal-for-land-deals-
Nov 20, 2015
KOLKATA: City industrialists are pushing the West Bengal government to come up with an e-commerce site that would allow entrepreneurs to buy and sell land parcels. The portal will not only bring in transparency in land deals, but also encourage industrialists to monetise land tracts of factories which have downed shutters.
Realty-firm-Prateek-group-raises-Rs-135-crore-from-Indiabulls-Housing-
Nov 19, 2015
NEW DELHI: Real estate developer Prateek group has raised Rs 135 crore from Indiabulls Housing Finance Company for its project Prateek Wisteria in sector-77 of Noida, said two people with knowledge of the matter.

Latest Realty News Of State

Realty Talk's