Latest Realty News

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.
Property-cards-to-be-mandatory
Jul 19, 2016
Gandhinagar: The Gujarat government plans to make property cards compulsory for some 1.25 crore properties in urban areas - the state's eight municipal corporations and all its municipalities. Right now, less than 20% of property-holders have a property card as the Record of Right (RoR), the key document to ascertain ownership title for the property.
7th-Pay-Commission:-Home-Sales-Likely-To-Improve,-Say-Realtors
Jun 30, 2016
New Delhi: Real estate industry bodies on Wednesday said housing sales are expected to improve following implementation of Seventh Pay Commission recommendations as prices have fallen in last few years because of a slowdown in the property market.
Bought-A-Property?-This-Small-Mistake-Could-Serve-You-A-Tax-Notice
Jun 27, 2016
If you have bought a property worth Rs 50 lakh or more, according to income tax rules you are liable to deduct a tax at source, or TDS, at the rate of 1 per cent from the payment to the seller.
Range-of-housing-options-at-property-fair
Feb 15, 2016
Bhubaneswar: A five-day property exhibition, Home and Decor, showcasing housing properties by members of Real Estate Developers Association of Odisha (REDA) started at Janata Maidan here on Saturday.
Indians-Third-Biggest-Investor-in-US-Property-Market:-Brokerage
Jan 29, 2016
New Delhi: Indians are the third biggest international investor community in the US realty market, global brokerage Sotheby's International Realty said.
Property-Prices-Soften-by-1%-in-Delhi-NCR:-Report
Jan 20, 2016
New Delhi: Property prices fell by an average one per cent in the Delhi-NCR during October-December period compared with the previous quarter on higher supply, according to a report by property portal 99acres.com.
Delhi-NCR-New-Home-Launches-Down-14%-in-2015:-Property-Consultant
Jan 06, 2016
New Delhi: Launches of new homes fell 14 per cent in the Delhi-NCR market last year to nearly 23,000 units due to a slowdown in demand, according to a report by Cushman & Wakefield.
Housing-Project-Launch-Prices-Drop-up-to-20%-in-3-Metro-Cities:-Report
Jan 05, 2016
Mumbai: Developers in certain micro markets of metros like Delhi-NCR, Mumbai and Bengaluru witnessed a drop of 4-20 per cent in launch prices of residential projects in 2015 over the previous two years, according to a report by property consultant Cushman & Wakefield.
Property-market-in-Bengaluru-hit-by-slow-job-creation-
Dec 28, 2015
BENGALURU: Bengaluru, the most resilient property market in the country is seeing cooling off too with deserted marketing offices and desperate salesmen. The property sales in the city have fallen by as much as 30% in the last three quarter due to slow job creation and low salary hikes by IT companies. "The market is really bad, even festive season did not bring in buyers back to the market despite offers. Our sales fell by around 40% during the year," said a senior official from a listed proper
Credai-Visakhapatnam-to-hold-Property-Expo-from-25-Dec-2015
Dec 24, 2015
VISAKHAPATNAM: The Visakhapatnam chapter of Confederation of Real Estate Developer's Association of India (Credai) is to hold the second Vizag Property Expo 2015-16 from December 25 to 27 at Visakha Function Hall in the city.
Hotel-Leelaventure-Completes-Rs-725-Crore-Goa-Property-Sale
Dec 15, 2015
New Delhi: Hospitality chain Hotel Leelaventure on Monday completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
Housing-Prices-Down-15-20%,-No-Scope-for-Further-Cut:-Industry-Body
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.
CREDAI-Odisha-to-organize-Mega-Property-Expo-in-Jan-2016
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.
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.
Innovative-discounts-won't-revive-Mumbai-real-estate:JM-Financial
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.
Child-born-out-of-rape-has-inheritance-rights-on-assaulter's-property:-Allahabad-HC
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"
UAE-developers-to-exhibit-in-Dubai-Property-Expo-on-6th-Nov’15
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.
Supreme-Court-sets-2005-cut-off-on-women-right-to-ancestral-property
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.
6th-edition-of-Credai-Nagpur-Property-Expo-concludes
Oct 23, 2015
The Nagpur chapter of Confederation of Real Estate Developers Association of India [CREDAI] has organized the sixth edition of its four-day long property expo where over 4000 home aspirants thronged the expo at Rani Kothi, Civil Lines.
Office-Space-Absorption-Rises-to-10.6-Million-Square-Feet-in-September-Quarter
Oct 21, 2015
Mumbai: Office space absorption during the July-September period increased marginally to 10.6 million sq ft compared to the previous quarter, with Gurgaon witnessing the highest leasing activity, says a survey.
Trial-court-orders-builders-must-pay-customers-for-damages,-delays
Oct 19, 2015
NEW DELHI: In a significant order, a trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.
Credai-Bhopal-fourth-edition-of-the-property-expo-witnessed-over-10,000-footfalls
Oct 15, 2015
CREDAI Bhopal organised a four-day long property expo "CREDAI GRIHA PRABESHAM - 2015" from 9th October to 12th October here at Vitthal Market Dussehara Maidan.
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.
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.

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