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40 cities to be selected in second round of smart city project: Govt 40 cities to be selected in second round of smart city project: Govt

Forty cities will be selected for the second phase of the Smart City Mission, which is likely to be announced by June, Rajya Sabha was told on Thursday.

Realtors say no scope for further cut in housing prices Realtors say no scope for further cut in housing prices

 Realtors' apex body CREDAI today said there is no scope for further reduction in housing prices as this would lead to rise in NPAs and non-delivery of real estate projects.

HDFC to raise Rs 500 crore by issuing bonds to finance housing biz HDFC to raise Rs 500 crore by issuing bonds to finance housing biz

To cater to housing finance needs, India's largest mortgage lender HDFC today said it will raise Rs 500 crore by issuing bonds on a private placement basis.

Net office space leasing down 11% in Delhi-NCR during Jan-Mar Net office space leasing down 11% in Delhi-NCR during Jan-Mar

 Net absorption of office space fell by 11 percent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report by Cushman & Wakefield.

JLL sells properties worth Rs 30 cr during online home fest JLL sells properties worth Rs 30 cr during online home fest

Property consultant JLL India, which recently forayed into e-commerce segment to market flats, today said it has closed deals worth Rs 30 crore during its online home festival.

Bank accounts of Maple freezed, Bapat denies any link with builder Bank accounts of Maple freezed, Bapat denies any link with builder

Bank accounts of Maple group, booked on charges of cheating people with a misleading ad of a low cost housing scheme, have been frozen.

Office space demand rises 19% in Jan-March quarter Office space demand rises 19% in Jan-March quarter

 Demand for office space rose 19 percent to 11.7 million sq ft in eight major cities during the first quarter this year, according to property consultant Cushman & Wakefield.

Gaursons faces residents' heat for Noida township Gaursons faces residents' heat for Noida township

After Amrapali, real estate firm Gaursons is now facing protest from residents of its township project here over maintenance-related issues.

 

Ratan Tata backed NestAway raises $30 mn from Tiger, Yuri Milner, IDG Ratan Tata backed NestAway raises $30 mn from Tiger, Yuri Milner, IDG

Ratan Tata-backed home rental company NestAway Technologies has raised around USD 30 million (around 200 crore) in a Series C financing led by Tiger Global, Russian billionaire Yuri Milner and IDG Ventures India

Now, realty firm Amrapali faces Bhajji's ire on social media Now, realty firm Amrapali faces Bhajji's ire on social media

Amrapali continues to be in news with cricketer Harbhajan Singh praising Indian cricket team captain M S Dhoni for resigning as the brand ambassador of the realty firm and complaining that the builder has not given villas to players as promised after 2011 world cup victory

Delhi ranked 44th among world's 50 'future-ready cities' Delhi ranked 44th among world's 50 'future-ready cities'

The national capital has been recognised as one of the 50 future-ready cities around the world that are embracing technology to adapt and thrive in an ever-changing and globalised future, according to a report by IT major Dell

Five developers approach govt with SEZ cancellation plea Five developers approach govt with SEZ cancellation plea

Five special economic zone (SEZ) developers including Abex Infocom have approached the government to surrender their IT sector tax-free zones

Ensure project launch by June 25: Govt to first 20 smart cities Ensure project launch by June 25: Govt to first 20 smart cities

Urban Development Ministry Wednesday asked the state governments concerned with the first batch of cities selected under the 'Smart City Mission' to ensure launch of their respective projects by June 25.

Emaar Properties, MGF to part ways, end 11-yr old JV

Emaar Properties, which entered India in 2005 with largest FDI in the realty sector, has invested about Rs 8,500 crore in Indian real estate market through its JV firm Emaar MGF.

M3M completes Rs 1,211 cr land deal with Sahara M3M completes Rs 1,211 cr land deal with Sahara

The Gurgaon-based developer said the last instalment was deposited in the Sahara-Sebi account on March 29.

Builders dominating consumers, projects seldom on time: Court Builders dominating consumers, projects seldom on time: Court

Builders "dominate" the consumers and their projects are seldom delivered on time, a Delhi court has observed while directing the police to register a case against a real estate company.

JP Associates withdraws Rs 34k electronic chip project: Sharma

Infrastructure firm JP Associates has pulled out of the project to set up an electronic chip plant that entailed an investment of about Rs 34,000 crore.

 Dubai to get new tower taller than Burj Khalifa Dubai to get new tower taller than Burj Khalifa

Dubai will have a $1 billion skyscraper that will exceed the height of Burj Khalifa, currently the world's tallest building

DLF promoters kick off $2 billion divestment in rental arm: Report DLF promoters kick off $2 billion divestment in rental arm: Report

DLF, India's largest realty firm, has initiated the process to sell promoters' 40 per cent stake in its rental arm, a deal estimated at Rs 12,000-14,000 crore

Read how this realty builder got MS Dhoni  trolled on social media Read how this realty builder got MS Dhoni trolled on social media

After being trolled on social media by residents of an Amprapali housing project angry over incomplete work, the company's brand ambassador and Indian cricket team captain M S Dhoni on Sunday said he will take up the matter with the builder and it must deliver on its promises