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Over 55,000 home buyers to get possession of flats in Noida

Over 55,000 home buyers will now get possession of their flats in Noida as the government today issued the final notification demarcating the Eco Sensitive Zone (ESZ) around Okhla bird sanctuary, realtors' apex body CREDAI said Wednesday.

Relief to Noida home buyers: Govt issues final notification demarcating ESZ around Okhla bird sanctuary

Government Wednesday issued the final notification demarcating the Eco Sensitive Zone (ESZ) around Okhla bird sanctuary giving a big relief to thousands of home buyers in Noida and its vicinity as their apartments will now fall out of the new notified area.

Piramal Fund Management exits luxury projects for Rs 500 crore

Private equity firm Piramal Fund Management on Wednesday said it has exited its investment in a luxury residential project of realty player Omkar in Mumbai for almost Rs 500 crore.

Relief for home buyers in Noida: Thousands to get occupancy certificates soon

The announcement by Union Environment Minister Prakash Javadekar came on a day the National Green Tribunal (NGT) directed the Ministry of Environment and Forests (MoEF) to issue within three weeks the final notification on Eco-Sensitive Zone (ESZ) around the sanctuary.

DLF sells land parcel in Kochi for Rs 111 crore

Realty major DLF Ltd has sold four acres of land in Kochi for Rs 111 crore as part of its plan to sell non-core assets to boost cash flows and reduce debt.

Securities Appellate Tribunal upholds $7.5 billion refund order against PACL

In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.

Maharashtra govt mulling 'Smart City' project at state level

The project is at a nascent stage for now and nothing has been finalised on paper as yet, state Urban Development Department (UDD) secretary Manisha Mhaiskar said.

Goldman Sachs invests Rs 900 crore in Piramal Realty

Last month, an affiliate of Warburg Pincus, a leading global equity firm focused on growth investing,?committed an investment of?Rs 1,800?crore?for a minority stake.

DLF to invest Rs 900 cr on construction of new office complex

"The company has just initiated development of a 2 million sq ft (approx) office complex in Cyber City Gurgaon," DLF said in an analyst presentation.

DLF's Q1 net loss at Rs102 crore

The real estate major had posted a net profit of Rs.72.64 crore for the quarter ended June 30, 2014. 

Check out: 500 towns on the way to become smart cities Check out: 500 towns on the way to become smart cities

Is your town among the 500 which are on the way to become India's modern cities.

Guidelines for implementation of Smart City project soon

The recommendations and guidelines for stage-1 development of 100 Smart Cities across the country will be announced either on Thursday or Friday, Union Urban Development Secretary Madhusudhan Prasad said here while inaugurating a conference here.

Realty brokerage market poised to become more tech savvy

Realising the potential of the USD 6 billion Indian realty brokerage market, many tech professionals are launching portals and mobile applications that will make brokers more professional and accountable.

Jaiprakash Associates' Q1 loss widens to Rs 465 cr

Total income from operations of the company also declined to Rs 2,392.75 crore in the April-June quarter from Rs 3,030.40 crore in the year-ago period, the company said in a filing to the BSE.

This Mumbai penthouse was sold for whopping Rs 202 crore!

A sea-facing triplex penthouse in South Mumbai's Napean Sea Road locality has been bought by an industrialist for a whopping Rs 202-crore deal.

Omaxe Q1 net profit rises 40% to Rs 16.83 crore

The company had posted a net profit of Rs 12.03 crore in the year-ago period, Omaxe said in BSE filing.

Delhi-NCR property prices up 1% in Apr-Jun: Report

Property prices in Delhi-NCR rose 1 percent in the April-June quarter as against the previous three-month period of the last fiscal despite subdued demand and huge unsold inventories, according to a report by realty portal 99acres.Com.

ICICI Prudential exits Logix's Noida housing project for Rs 62-crore

Realty player Logix Group has bought back its equity stake in a housing project at Noida from ICICI group's real estate fund for about Rs 62 crore, paving way for the latter's exit from the project.

DLF seeks shareholders nod to raise up to Rs 7,500 crore

Realty major DLF is seeking shareholders' approval to create charge, lien or pledge on its over 50 percent shares in three subsidiaries, which holds rental commercial assets, for raising up to Rs 7,500 crore.

RBI policy desolates realtors; want rate cut to boost sector

Real estate industry Tuesday expressed disappointment over RBI's decision to keep the key interest rates unchanged, saying rate cuts were required to boost manufacturing and property sectors.