The Realty Paper

JSW Group that has acquired nearly 4300 acres of land at Salboni for setting up various units under its paints, cement and steel and power business has found that it will need only about 1500 acres...
The Reserve Bank of India governor Urjit Patel on Wednesday made the case for a separate single window mechanism for clearance of affordable housing projects as a number of them get stuck at state...
The National Company Law Tribunal (NCLT) has appointed an insolvency professional on Thursday for Jaypee Infratech. This move will provide thousands of buyers in Jaypee projects two weeks’ time to...
Bengaluru-headquartered Embassy Office Parks, a joint venture (JV) between private equity major Blackstone Group and realty developer Embassy Property Developments, is considering filing of the draft...
Grant of approval for building plans in private developer areas (licensed colonies) of Gurugram and rest of the state of Haryana is about to become simpler and quicker. As per its self-certification...
With resident welfare associations (RWAs) of Chennai coming under the purview of the new GST regime, those living in apartments within the city will need to pay an additional 3% towards flat...
Minister of state for home Ranjit Patil has ordered an inquiry by a principal secretary on charges that Larsen & Toubro (L&T) misused land near Paspoli in Powai area of Mumbai, meant...
Three directors of Amrapali Group - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - on Sunday submitted their passports to the district administration with the assurance that they were not flying out...
The deal between the country's largest realty developer DLF and Singapore's sovereign wealth fund GIC for a 40% stake in DLF Cyber City Developers (DCCDL) is in the final stages of...
The realty firm Amrapali group intends to tide over the crisis by monetizing its land bank and roping in co-developers to complete over 30,000 housing units in Noida and Greater Noida, the...
The issue of interminable delay in delivery of flats in the Noida and Greater Noida areas and action by homebuyers has prompted the Yogi Adityanath government to start an audit of all ongoing housing...
US-based hospitality chain JW Marriott yesterday marked its debut in Kolkata with a luxury property.  The property has been built jointly by real estate developers Mani and Sattva groups, and has...
The second quarter affordability index from the Housing Industry Association (HIA) shows housing affordability in Australia continued to slide in the Q2 of this year as prices reached record...
On the basis of a new analysis taking into account the rental values and yields, the international real estate advisory company Knight Frank has found that high-rises in Hong Kong are the most...
Often, how a particular industry shapes up depends on government‚Äôs initiatives and interventions ‚Äď largely done through new sector-specific policies as well as tweaking older ones to better suit...
All building and construction projects with built-up area of up to 1.5 lakh square metres in urban areas in Maharashtra will no longer require a green approval from the environment and forest...
Fund will invest INR 300 crore in, Residential projects, targets USD 500 mn by 2020   Mumbai, 26 June 2017: Anuj Puri, former Chairman & Country Head of international property consultancy JLL...
On November 26, 2016, the Modi Government completed half-term. In its recently released Setting the Stage for Indian Realty: Modi’s Mid-Term Performance Report,  JLL India rates the...
The Income Tax department of the Kolkata circle has prepared a list of some 300 benami properties belonging to some quite influential sections of the society. This list has been prepared by a special...
Unauthorized and illegal constructions on disputed land are soon going to be history now. The West Bengal government is taking steps in line with RERA to relieve consumers from the painstaking search...
Realty major DLF has sold properties worth Rs 200 crore in its luxury housing project at Gurugram despite a slowdown in the residential segment. The company is developing about 750 apartments in...
Unitech’s chief finance officer, Sunil Keswani, is stepping down and will be replaced by Deepak Kumar Tyagi , the company said on saturday. Sunil Keswani will be part of Unitech in the capacity...
According to a recent report by property consultancy Colliers International, Gurgaon has maintained its position as the most sought after place for opening offices in the National Capital Region...
Marking one of the largest front-office commercial transactions in terms of space in the city so far in this year, Swiss multinational pharmaceutical major Novartis’ India arm has entered into an...
Prompted by the impressive growth of e-commerce transactions and national rollout of GST by July 1, Deutsche Post DHL Group wants to expand its warehouse capacity in India. “We see...
State RERA chairman Gautam Chatterjee on Saturday made it clear to the builders that after August 1, they would be required to cite their registration numbers in advertisements. According to one...
Noida Authority has put up a list of defaulter builders on its website www.noidaauthorityonline.com. Many big names have appeared in the list. Noida authority has published a list of 91 group...
Home buyers of Noida, Noida Extension, Jaypee along with MLA Pankaj Singh, CEO Noida Authority, Industrial Development minister Satish Mahana today met UP CM Yogi Adityanath to discuss the problems...
The central government appears to be quite serious about its ‚ÄúHousing for All by 2022‚ÄĚ mission, and it has been constantly pushing this agenda by taking steps that will help achieve the...
The Maha state government on Tuesday scrapped the special planning authority status provided to Lavasa Corporation for development of the hill city Lavasa, near Varasgoan dam in Pune and about 220km...
With not much sale of properties taking place, builders are now thinking of strategies to bring the homebuyers back into the market. Right-sizing and right-pricing of the offerings to suit the home...
In order to realize its ‚ÄėHousing For All by 2022‚Äô mission, the government is doing all it can to promote more and more projects in the affordable housing segment. Steps like grant of...
Is the much dreaded underworld trying to come back to life in Mumbai? There is evidence to show that this might be true. Recently, a 40-year-old Juhu-based developer approached the city police after...
RERA in its undiluted form is intended to bring in the much needed transparency in real estate sector. The new regime makes it difficult for the builders to fool the gullible homebuyers. Not only the...
With the implementation of Goods & Services Tax (GST) and Real Estate (Regulation & Development) Act, 2016 (RERA) and delays in delivery becoming commonplace, homebuyers are shying away from...
According to a PropTiger.com report, the top nine cities of India witnessed residential sales going down by 4% to 53,352 apartments in the quarter ended June, compared to the year ago period. The...
Various contradictory orders of Gurugram collectors and ‚Äúspecial interest‚ÄĚ shown by the Haryana government on the pleas of builders regarding the ownership right of 464 acres of land worth Rs...
Pleading to be allowed to undertake more non-forest activities, including real estate projects, in the ecologically fragile Aravalis, the Haryana government has moved a proposal to amend a key...
The problem of multiplicity of development authorities in the Millennium City is not going to get resolved by the creation of Gurgaon Development Agency (GDA) because this new body is going to be an...
China Fortune Land Development (CFLD), one of the leading industry city operators in China credited with having successfully developed 47 Smart Industrial Cities in China, has submitted a proposal to...
Haryana chief minister Manohar Lal Khattar announced yesterday that initial draft of the legislation to establish the proposed Gurgaon Development Authority (GDA) will soon be posted on the...
Yamuna Expressway Industrial Development Authority (YEIDA) gave its assurance to homebuyers on Wednesday that insolvency proceedings against Jaypee Infratech notwithstanding, the interest of...
As per a Global Liveability Report compiled by the Economist Intelligence Unit (EIU), Melbourne is the most liveable city in the world, followed by Austrian capital, Vienna and Canada's Vancouver...
Private equity fund and developer IREO is building an 11 mln sqft IT SEZ on 67 acres of land in Gurgaon’s Golf Course Extension Road area. The project is expected to cost of Rs 3,000 cr and will be...
Homebuyers who booked flats in the millennium city may still be having sleepless nights about their real estate investments, but at the conclusion of his fourth district grievance committee meeting...
Supertech is in trouble again with just the other day the Allahabad High Court ordering sealing of more than 1,000 flats in its Supertech Czar residential project developed on plot no. GH-2, sector...
The Competition Commission has dismissed allegations that Noida-based Wave Megacity Centre, owned by the Wave Group, abused its dominant position with regard to sale of flats in its residential...
The residents of Noida feel that the proposed increase in floor area ratio (FAR) of builder plots by the Noida Authority not only amounts to contravention of the already declared Master Plan...
The homebuyers of Noida Extension, for whom the wait for their dream homes does not seem to end, are now reaching out to farmers of the region to boost their movement against builders, Credai,...
The registration of properties in the twin cities of Noida and Greater Noida has been badly hit by the demonetisation of high value notes. This has resulted in a sharp fall in the revenue of state...
Home buying sentiments in Noida appear to be upbeat now. A combination of pre-Diwali sales coupled with responses on the implementation of the Real Estate Regulatory Act (RERA) show people in the...
All the three development authorities in Gautam Budh Nagar (Noida, Greater Noida and YEIDA) cleared the long-awaited exit policy for realtors struggling to complete projects in Noida and Greater...
Municipal Corporation of Faridabad (MCF) has got serious with its efforts to help Faridabad’s name get listed in the first lot of Smart Cities. In this direction it is undertaking a brainstorming...
The winds of change are indeed visible in Faridabad. As a Smart City, it is ideally positioned to lead the manufacturing Renaissance of Haryana, given its prime geographic and political location....
Have you ever gone through the ‚Äėagreement‚Äô and ‚Äėpayment schedule‚Äô of the builders thoroughly ? There is a hidden point in the agreement, which is now visualized in the Noida Extension alias...
The state of Indian real estate had not been an attractive proposition for investments for quite some time. This was particularly true for the Non Resident Indian (NRI) segment, which always sought...
The Delhi Metro Rail Corporation (DMRC) has started trial runs on the 14-km long Faridabad-Badarpur stretch. This route is a fully elevated section of the Metro rail network and is scheduled to...
Will Akhilesh Yadav Part II be good for Uttar Pradesh’s socio-economic growth. Does  Cycle have the potential for radical social change. Samajwadi Party’s Yadav scion has announced a manifesto...
There is tangible growth in India’s fourth largest state, Uttar Pradesh, once believed to be amongst the poorest states in the country. A well thought-out strategy by the Yadav scion, UP chief...
The Ghaziabad Development Authority (GDA) had acquired a total of nearly 1,250 acres for developing its Madhuban-Bapudham residential project near Govindpuram. The GDA will need to pay a...
Uttar Pradesh Chief Minister Mr. Akhilesh Yadav has said that roads give an impetus to development and this process commences with the construction of roads. Agra-Lucknow Expressway would be...
The district administration of Ghaziabad, on Monday, has ordered all construction activities of real estate projects in Ghaziabad to be shut down due to massive levels of air pollution in the city....
New Town Kolkata Development Authority (NTKDA) has accepted the scheme of Unit Area Assessment (UAA) for determination of property tax submitted by the property valuation committe considering land...
The Rose Valley Chit Fund case, languishing in cold storage for more than a year and half now, was revived yesterday with the Enforcement Directorate (ED) attaching assets of the Rose Valley Group...
CREDAI Bengal, the West Bengal unit of the Confederation of Real Estate Developers’ Association of India (CREDAI), today launched its 9th Edition of the Realty Expo 2016 in the...
The index from the June real estate market report from Zillow shows that for the first time ever, the price of a typical home in the United States has gone over $200,000. The prices of homes are up...
The latest Knight Frank global house price index shows that property prices at major locations across the globe increased by 6.5% between March 2016 and 2017. This is the highest rate of growth...
The prime London property market is expected to witness low price growth this year due to factors like mismatch between demand and supply, Brexit-linked economic uncertainty and the threat of higher...
Home prices in the United States have now overshot the peak value existing at the height of housing bubble in 2007, with the median home value reaching $198,000 in April 2017. This is about 1% higher...
Home sales in the United States in this year started at the fastest pace in almost a decade, but total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in...
Landscape and architecture are united to create buildings that are intimately connected to place and time. Chicago, IL (March 1, 2017)‚ÄĒRafael Aranda, Carme Pigem and Ramon Vilalta have been...
Buying or selling property as an end user or an investor remains a fairly daunting and complex task for the ordinary citizen. Unlike other asset classes, real estate investments are capital...
When scouting for a home, where best than looking for the perfect project at a property exhibition? There are many advantages of visiting these exhibitions that are laden with limited time period...
The Goods and Services Tax (GST), is a kind of a comprehensive indirect tax on sale, manufacture and consumption of different kinds of goods and services throughout India, with all other Central and...
As per a study by Colliers International India, residential property launches in India went down by 17% in the first half of 2017 as compared to H2 of 2016 because of implementation of the Real...
Residential real estate has always quite popular with investors, and its share in the total investments made so far this year validates this fact. Keeping its popularity intact, the segment attracted...
The debt-laden Lanco Group is in advanced stages of talks with southern builder DivyaSree Developers to sell its commercial office space business in a deal for Rs 1,000 cr.   The property on...
The Bangalore-based real estate company Prestige Estate Projects is planning to divest some of its business stakes in commercial and retail verticals. The funds raised from stake sale will be...
The IT hubs of Bengaluru and Hyderabad remained the most active office markets in India in the second quarter of 2017, despite constraints of supply, subdued business sentiments and recent layoffs by...
With a recent judgment by a tribunal, an aggrieved buyer can now initiate bankruptcy proceedings against the developer if the latter has defaulted on the delivery of one’s commercial property or...
The Punjab Council of Ministers (CoM) on Friday decided to lower circle ratesin-principle and also reduce stamp duty on registration of property in urban areas to give a push to the real estate...
In the high-profile Saradha Realty scam of West Bengal, markets regulator SEBI has ordered attachment of bank and demat accounts of the firm, its chief Sudipta Sen and nine others to recover dues...
The panel also urged the state government to organise a plantation drive in the eco-sensitive area near the heritage site. The National Green Tribunal on Wednesday directed the Uttar Pradesh...
The Income Tax (IT) Department on Thursday issued fresh summons to Rashtriya Janata Dal (RJD) chief Lalu Prasad's daughter Misa Bharti and her husband Shailesh Kumar to appear before it on Monday...
After the South-East Asian buyers, Indians have emerged as second largest buyers of property in central London, accounting for 22% of sales in the year to August, relegating buyers from West Asia to...
Thousands of homebuyers who booked properties in Jaypee projects years ago are an anxious lot since the National Company Law Tribunal initiated insolvency proceedings against the company. There are...
The environment cell recently set up in the Brihanmumbai Municipal Corporation (BMC) is empowered to grant environment clearance (EC) to all real estate projects measuring 20,000 square metres to...
The Q1 FY 17-18, residential market report across Tier I cities in India. The main highlights of the report are:   Sales across Top 8 Tier I cities in India increased by...
Consulting and auditing firm Deloitte is on the verge of signing a lease deal for 1.5 mln sqft of office space in the city. Negotiations with top commercial real estate builders for the same are on...
As per a report released by Liases Foras, a real estate rating and research firm, the Mumbai Metropolitan Region (MMR) witnessed its highest sales of 15,848 apartments in the last seven years during...
The government has brought down the GST rate on work contracts for affordable housing from 18% fixed earlier to 12%. From buyers’ perspective, this is not going to have any effect on the price of...
The income-tax appellate tribunal (ITAT) has overruled the tax department’s view that a villa in Dubai gifted to Bollywood actor Shah Rukh Khan some ten years ago was a facade to evade income tax....
The Supreme Court today asked jailed Unitech promoter Sanjay Chandra to furnish Rs 15 crore for his release from the prison.The next hearing date on his bail plea  is on September 18. Unitech...
Although leasing activity declined by 13% year-on-year in Asia Pacific in Q2, volumes were down only 2% in the first half of the year, indicating stable leasing levels across the...
In the state of Maharashtra, it will now become possible for the real estate developers to get occupation certificate (OC) within eight days, building commencement certificate within 30 days and...
In view of the high cost of land being the major constraint in rapid expansion of affordable housing, the Niti Aayog has made the case for taking steps to bring down land prices to give a push to the...
The Centre is considering sending out invitations to companies across the globe to showcase their construction techniques, and adopt the most suitable ones to build affordable houses for poor...
Financial services company ASK group is planning to pump in over Rs 1,000 cr as private equity in housing projects in the mid-segment and affordable housing segment in 2017-18.  With an investment...
Realty firm Supertech has obtained the environmental clearance for developing a sports-centric housing project in Greater Noida that would involve an investment of Rs 1,130 cr.   To be called...
The government has approved construction of over 2.17 lakh more houses for urban poor in six states, including Andhra Pradesh, Uttar Pradesh and Assam, taking the total tally to about 26 lakh under...
Uttar Pradesh chief minister Yogi Adityanath has formed a three-member cabinet committee to look into the various issues faced by the three areas of Noida, Greater Noida and Yamuna Expressway in...
The three-member cabinet committee constituted on the directions of Uttar Pradesh chief minister Yogi Adityanath‚ÄĒto look into the issues faced by the three areas of Noida, Greater Noida and Yamuna...
The three member cabinet committee apponited by the Uttar Pradesh state cabinet to look into the real estate issues of Noida, Greater Noida and Ghaziabad areas held separate meetings in Ghaziabad and...
  The housing and urban affairs ministry has made it clear that it is not averse to bringing about changes in the real estate regulation rules if doing so would ensure effective implementation of...
  Niti Aayog has recommended to the central government that it should work with states to bring down stamp duties and also speed up the release of land caught in litigation due to archaic urban...
  Switzerland, Germany and Austria have the most number of persons renting a home rather than buying, accounting for over 45% of their populations, according to the research from real estate firm...
  Post demonetisation the the income tax (IT) department has been diligently working on its data to identify instances where things are amiss.  In its latest move, coming down heavily on benami...
  With not many residential project launches happening subsequent to implementation of the Real Estate Regulatory Authority(RERA) from May 1, brokers are planning to shift their focus on rental...
  The Supreme Court today stayed insolvency proceedings against Jaypee Infratech before National Company Law Tribunal (NCLT)on home buyers' plea and asked attorney general KK Venugopal to...
Bank of Baroda has filed a petition against Amrapali Silicon City,real estate major Amrapali group company because the company has defaulted on the payment of loans taken from the bank. The petition...
Ownership of Ruparel House, a Malabar Hill bungalow that often hosted pre-Independence meetings of the Indian National Congress and has seen the post-Partition refugee influx into the...
  The Real Estate Regulatory Authority (RERA) of Rajasthan has decided to impose a penalty on developers who have not registered their ongoing project with regulatory authority till the extended...
  The Bengaluru based firm, RMZ Corp  that is considered one of the leading owners, developers, operators and fund managers of first-class commercial real estate in India, is planning to list...
  Some six months after the New Delhi Municipal Council (NDMC) had given a go-ahead for auctioning the hotels, the civiv body has finally decided to invite bids for e-auction of three...
  An all-India homebuyers' pressure group, Fight For RERA, has knocked on Prime Minister Narendra Modi’s door seeking an amendment to the Insolvency & Bankruptcy Code 2016 to give priority...
  The Knox Group of Companies announced the launch of a residential and commercial property  in Dubai. The value of the project is estimated at $325 million. The residential property can be...
  Anushka Singh, granddaughter of DLF chairman KP Singh, has bought a bungalow on Prithviraj Road in the Lutyens Bungalow Zone (LBZ) for Rs 476.50 cr.  The transaction value of the deal was...
  NBCC may just emerge as the saviour for nearly 30,000 homebuyers who are living under the fear of never getting the dream home they booked with the Jaypee Group.  The blue-chip Government of...
The Hyderabad unit of the Builders Association of India today demanded that all government projects finalised before June 30, 2017 should be kept outside of the purview of GST.  They have asked...
Construction major Shapoorji Pallonji known for building numerous iconic buildings has beaten L&T in the race to bag the government's Rs 2,600 cr project to redevelop the ITPO (India Trade...
  The newly appointed minster for Housing and urban affairs Hardeep Singh Puri has taken up the issue of protecting the interests of homebuyers in Jaypee Infratech’s projects with finance and...
As per a recent JLL report, Mumbai figures amongst the top five cities globally that are expected to witness the maximum addition to their office space stock in the next 18 months. Mumbai figures...
The Supreme Court on Monday stepped in to safeguard the interests of Jaypee Wish Town homebuyers by reinstating the management of the company back to the Insolvency Resolution Professional (IRP) Anuj...
  The country's leading international property consultancy JLL India today announced the launch of Property.jll.co.in, its proprietary online portal for Pan India office leasing options. This...
  One of the most wanted gangsters and second richest criminal, net asset at US$ 6.7 billion, has been frozen. Drug lord from Colombia Pablo Escobar is the richest criminal.According to Forbes...
  The demand for commercial spaces and the occupier’s interest in them continues unabated as can be seen from the rise in precommitment levels in key office markets across India. The...
  Just the other day UP chief minister Yogi Adityanath had asked builders in Noida and Greater Noida areas to give a finishing touch to their projects nearing completion fast and hand over the...
  The Greater Noida Industrial Development Authority has come up with a plan to create a special relief fund to bail out the realty projects of small builders that are stuck up for one reason or...
CBRE South Asia’s latest Global Prime Office Rents survey shows New Delhi's Connaught Place as the world's 10th most expensive office location, commanding an annual prime rent of $111 per...
  According to Knight Frank’s latest Asia Pacific prime office rental index, prime office rents in a good number of markets in the Asia Pacific region are expected to be on an upward trajectory...
  Capacit’e Infraprojects, the company that has bagged the contract to build the Trump Tower in the city, created history of sorts on Friday in the stock market. The company’s Rs 400 cr...
    Against a total of some 1,449 applications received till the first week of September, a meagre 78 real estate projects have been registered under RERA (Real Estate Regulation Act) in the...
  Maharashtra is on the path to become the first state in India to form a conciliation committee under the new Real Estate (Regulation and Development) Act (RERA) that will have representation...
  Mahindra Lifespace Developers and the World Bank Group member International Finance Corporation (IFC) have come together in a partnership with the purpose of developing strings of industrial...
  The sagging spirits of the homebuyers who had booked flats in housing projects of the distressed Jaypee Infratech got a breather on Monday when the Supreme Court said that it could...
  More than 80% of the PE capital contributors in 2017 were long-term sovereign and pension funds  Low risk appetite among investors trigger shift in investments’ share from the...
  Kritikka Infrastructure,an entity of, Indiabulls Real Estate, yesterday offloaded 1.45 crore shares of realty company firm.   According to NSE, the company sold 1.45 crore shares, or...
  The Supreme Court today directed Unitech to pay litigation costs to 39 flat buyers of Rs 80,000 each  in its Gurugram housing project over delay in delivery of flats. Unitech had previously...
  Angelique International is a global EPC company with expertise in diverse areas like power, water and industry. In the power transmission segment, Angelique International has proved its...
  Indian real estate is attracting new new set of foreign institutional investors even as pension funds and sovereign wealth funds from countries such as Canada, Netherlands, Qatar and Singapore...
  Working on Yogi Adityanath’s September 12 directive to builders of Noida and Greater Noida region to complete their projects fast and handover at least 50,000 flats to homebuyers as soon as...
  In its latest order in connection with the Saradha Realty scam, the Securities and Exchange Board of India (SEBI) has asked for defreezing of the bank account of a former official of Saradha...
  The interim bail plea of Unitech MD Sanjay Chandra was rejected yet again on Thurday by the apex court, giving more importance to homebuyer’s interests than the jailed builder’s freedom....
  Just the other day the Greater Noida Industrial Development Authority had made the commitment that it would ensure delivery of more than 17,000 residential units across 28 group housing...
  The government is considering development of urban housing projects in the fringe aeas of towns and cities as the civic infrastructure of the existing urban areas is overburdened with...
The Noida-based realty firm Supertech has raised Rs 350 cr from L&T Finance to fund an ongoing housing project in Greater Noida.  The firm also has plan afoot to launch a sports-centric housing...
  The NY based multinational private equity (PE) firm Blackstone Group is in the process of acquisition of Anand Jain-promoted Urban Infrastructure Opportunities Fund (UIOF) that also counts...
  Motilal Oswal Real Estate (MORE), the real estate wing of Motilal Oswal Private Equity (MOPE), has raised over Rs 1,000 cr for its third real estate fund meant for investment in structured debt...
  A fresh plea has been filed in the apex court seeking protection of the rights and financial interests of lakhs of home buyers, subsequent to the initiation of insolvency proceedings against...
  Pune’s residential market seems to seems to have seen very little impact of demonetization if the 1H17 sales figures are anything to go by. Although the city’s apartment sales had remained...
  Buyers of residential properties who have received their payments back from the builders because the projects got shelved due to one reason or another, now find that they have to pay tax on the...
  Godrej Properties, the real estate arm of the Godrej Group, has entered into a Development Management Agreement (DMA) with Manyata Developers of Bengaluru to develop a develop a 4.7 mln sqft...
  A new fraud case has been slapped against a managing director of GBG Infratech Pvt Ltd in Sector 70.Noida police on Thursday arrested a 45 year old builder for allegedly cheating a...
Knight Frank presents the future of real estate worldwide in the fourth edition of the Global Cities: The 2018 Report. The flagship global report reveals the trends shaping 40 leading international...
  The inventory of commercial office space is almost down to half in the last six years, an indication of the regular demand from the corporates.  Not only is the office space being taken up...
  The famous actress from the hills Kangana Ranaut has purchased a new property in the Pali Hill area of the city for a whopping Rs 20 cr approximately.  The property is located on the Nargis...
  Following the visit by a high level state cabinet committee of the Noida and Greater Noida areas in the last month, to try and understand the bottlenecks in the real estate industry of the...
  Lakeview Developers run by the Hiranandani Group has been asked by the Bombay High Court on Tuesday to develop some 2,398 affordable houses in Powai before June 1, 2021, as per the undertaking...
  Some two lakh buyers of residential and commercial properties have come together to form the umbrella organization RRM Foundation (Radical Realty Media Foundation).  The purpose is to expose...
  At an ASSOCHAM event attended by the housing and urban affairs minister Hardeep Puri here on Wednesday, the real estate wing of the industry lobby made the case for creation of a fund by the...
  Addressing an event organised here by the ministry of Housing and Urban Affairs, on the occasion of World Habitat Day, the Union Minister of State (MoS) Hardeep Singh Puri articulated his...
  The apex court on Friday wanted the response of the government and two Amrapali Group firms shared on an appeal by over 100 hassled home buyers that their interests be safeguarded by treating...
  There was a marginal increase in leasing of office space witnessed during the July-September period across the eight key cities.  As per the 'India Office Q3 2017' report of property...
  UK-based luxury brand designer Martin Kemp, the name behind Ten Trinity Square in London, Hugo Boss and Yves Saint Laurent boutiques, makes its entry into the Indian luxury market with the...
  Acting on a tip, the Thane police arrested a Mumbai businessman who was about to fly away with the money of 500 flat buyers, late on Monday night. Bhupatbhai Ravjibhai Lukhi’s Mercedes was...
  In a move that is bound to give a boost to the cause of affordable housing, the Haryana state cabinet has removed the cap on land for affordable housing. The latest amendment in the Affordable...
  As per CRISIL’s projection, the demand for residential property is unlikely to revive in the next 12-18 months because end-users are not coming forth and the presence of investors in the...
  The working group formed by the Insolvency and Bankruptcy Board of India has come out with draft regulations for repayment plan for individuals and firms declaring insolvency.  These...
  Delhi Development Authority (DDA) on Thursday made an official statement that it has simplified the land pooling process for building housing for Economically Weaker Sections (EWS).  This step...
  The city-based offices space developer RMZ Corp has plans afoot to develop around 10 mln sqft of Grade A office space in Hyderabad over the next 3-4 years, considering a steady demand for the...
  Reforms and new laws in the real estate secor in the recent past are leading to consolidation in the industry. A number of  smaller realty developers can be seen monetizing their land parcels...
¬† Over 1,000 homebuyers who had booked flats in Jaypee projects ‚Äď Wish Town and Kosmos ‚Äď adjacent to Taj Expressway have finally got the possession letters of their properties, some...
  Upholding the right of homebuyers to get the posession of their flats on time, the Supreme Court has directed Supertech Ltd to refund around Rs 1 cr to a buyer for delay in giving possession of...
  The Indian unit of US-headquartered largest Internet-based retailer in the world, Amazon is taking up 450,000 sqft of office space on lease, in Chennai, marking the company’s second such deal...
  The Minister of Housing and Urban Affairs Hardeep Singh Puri always has comforting words for the real estate sector.  On Tuesday, post release of  a commemorative stamp on the occasion of the...