Latest Realty News

Nov 06, 2015
NEW DELHI: Delhi Development Authority (DDA) has decided to penalise the project developer of the Commonwealth Games Village for violation of FAR norms.
Nov 06, 2015
MUMBAI | BENGALURU: With commercial real estate showing signs of recovery, property developers that had stopped investing additionally in this segment are now looking to invest in office projects. The rising interest is this space has been generated by better demand outlook and constrained supply of grade A office spaces as most developers did not launch any major office projects since 2009, given the weak uptake until recently.
Nov 05, 2015
MUMBAI: After global private equity and sovereign funds, now Chinese developers are eyeing investment opportunities in India's property sector.
Nov 04, 2015
Lucknow: In a major judgement, Allahabad High Court has ruled that a child born out of rape has inheritance rights over the property of the assaulter, the "biological father"
Nov 04, 2015
Mumbai: Innovative discounts will not be of much help in boosting house sales in Mumbai because prices are way beyond the reach of most buyers, feels brokerage house JM Financial.
Nov 04, 2015
Monthly rentals and capital value expectations in commercial real estate in India rose in September quarter, albeit, at a pace lower than expected before, according to the Royal Institute of Chartered Surveyors (RICS), the UK-based qualifications and standards body for land, property and construction.
Nov 04, 2015
NEW DELHI: India's largest realty firm DLF's net debt has increased by Rs 922 crore during the quarter ended September to Rs 22,520 crore.
Nov 04, 2015
NEW DELHI: The Supreme Court today allowed three DLF subsidiaries to sell shares worth Rs 12,000 crore to reduce debt, declining the regulator's plea to prevent the real estate group's move. The DLF stock was up 3.9 per cent at 11:24 am on the Bombay Stock Exchange.
Nov 03, 2015
Mumbai : Dubai Property Show is going be held at Bombay Exhibition Centre, Goregaon East, Mumbai, from 6th-8th November this year, where over 35 UAE developers shall showcase budget homes to luxury apartments, beach properties, villas, furnished apartments and commercial properties at the event.
Nov 03, 2015
LUCKNOW: The Lucknow Municipal Corporation (LMC) would realize its long-held dream of venturing into real estate post Diwali. The corporation has finalised tenders for building a huge commercial complex in Kamta, near the new high court building, and three residential projects - one behind Omaxe City on Rae Bareli Road and two others in Para. All these ventures are set to begin this month.
Nov 02, 2015
Delhi: In a ruling that will restrict the right of women seeking equal share in ancestral property, the Supreme Court has said that the 2005 amendment in Hindu law will not give property rights to a daughter if the father died before the amendment came into force.
Nov 01, 2015
Mumbai: State Bank of India (SBI) chairperson Arundhati Bhattacharya on Saturday called for ending the "regulatory arbitrage" enjoyed by pure-play home financiers, which can lend below their prime lending rates whereas banks cannot.
Oct 31, 2015
Mumbai: Finance Minister Arun Jaitley said on Saturday he hoped interest rates and inflation would remain low to help revive the economy.
Oct 31, 2015
Mumbai: Hopeful that the age of slowdown will end soon for the real estate industry, Finance Minister Arun Jaitley on Saturday said the sector must survive on market economy and subsidies should not be the "essence of survival".
Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
Oct 30, 2015
MUMBAI: The government of Maharashtra is considering opening up land parcels under the no-development zones as well as plots belonging to Indian defence personnel in an effort to build affordable houses in Mumbai, said Prakash Mehta, minister of housing, labour & mines.
Oct 29, 2015
Oberoi Realty has launched a 25-acre residential project in Mumbai's Borivali called 'Sky City'.
Oct 29, 2015
NEW DELHI: Government departments involved in granting approvals for construction projects in cities and towns will now come out with necessary notifications by November-end for streamlining approvals for time-bound and hassle-free clearances. This will mean applicants don't have to bring their cases to Delhi for different clearances.
Oct 29, 2015
New Delhi: By a majority order, the Competition Commission of India has dismissed charges of dominant market position abuse against Jaiprakash Associates in the real estate sector.
Oct 28, 2015
New Delhi: Realty firm Tata Housing has sold 250 flats, worth over Rs 100 crore, from its housing project at Goa.
Oct 28, 2015
New Delhi: Realty firm Bhasin Group on Tuesday said it will invest Rs 150 crore on construction of a 33-storey commercial tower in Noida in mere 99 days, a sort of record for the national capital region.
Oct 27, 2015
Mumbai: Housing Development and Infrastructure Ltd (HDIL), a leading Mumbai-based real estate developer is all set to launch two mega projects in Virar (East) and Ghatkopar (East). The company will launch the first phase of its affordable housing project 'Planet HDIL' – mega smart city in Virar (East), this Diwali and another two luxurious projects in Ghatkopar (East), by end of 2015.
Oct 27, 2015
KOLKATA: Office space transactions in Kolkata fell by 30% from the last quarter. According to the Research and Forecast Report by Colliers International, the recorded office space transaction volume stood at 0.2 million sq ft in the third quarter of 2015.
Oct 27, 2015
New Delhi: In cases of sale of flats, transfer of title after the issuance of occupancy certificate will not attract service tax, the Finance Ministry said on Monday.
Oct 27, 2015
PUNE: On a humid weekday afternoon last month, Sunil Thube wiped his brow, sipped his tea, and glanced every few seconds at his iPhone ringing impatiently. He answered a couple of calls and gave updates on land deals he was working on.

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