Real Estate News

India rises one notch to 35th on JLL global realty transparency index

India rises one notch to 35th on JLL global realty transparency index

India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014.

Jun 28, 2018, 14:00 PM IST
IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

Patna has seen the least number of property attachments under the seizure.

Jun 26, 2018, 15:56 PM IST
AIIB keen on affordable housing investment, seeks govt support

AIIB keen on affordable housing investment, seeks govt support

Till now, the bank has invested USD 1.6 billion in seven projects in the country and has not taken any direct exposure in the affordable housing segment.

Jun 26, 2018, 11:50 AM IST
Home buyers looking for bigger flats in top cities

Home buyers looking for bigger flats in top cities

The cities in the study include Mumbai, Kolkata, Chennai, Delhi, Bangalore, Hyderabad, Noida, Gurugram, Greater Noida and Pune.

Jun 25, 2018, 12:38 PM IST
Jaiprakash Associates to submit plan to protect home buyers' interest in SC

Jaiprakash Associates to submit plan to protect home buyers' interest in SC

On May 16, the apex court had said that the liquidation proceedings against JAL's debt-ridden subsidiary Jaypee Infratech Ltd (JIL) shall remain stayed on submission of this amount.

Jun 15, 2018, 18:06 PM IST
Govt approves 33% increase in carpet area of houses under PMAY Urban

Govt approves 33% increase in carpet area of houses under PMAY Urban

Under the Credit Linked Subsidy Scheme (CLSS), each beneficiary can avail subsidy up to Rs 2.35 lakh on purchase of a house under the scheme.

Jun 13, 2018, 11:30 AM IST
Affordable housing loan to become cheaper due to this RBI decision

Affordable housing loan to become cheaper due to this RBI decision

The RBI has raised the loan limits under PSL Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres.

Jun 08, 2018, 15:30 PM IST
Godrej Properties raises Rs 1,000 crore from GIC-managed firm

Godrej Properties raises Rs 1,000 crore from GIC-managed firm

Godrej Properties, the real estate arm of Godrej group, is currently developing residential, commercial and township projects spread across 151 million square feet in 12 cities.

Jun 08, 2018, 14:00 PM IST
President approves promulgation of IBC amendment Ordinance to treat home buyers as creditors

President approves promulgation of IBC amendment Ordinance to treat home buyers as creditors

The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  

Jun 06, 2018, 16:36 PM IST
PE investments in retail real estate touch Rs 5,500 cr since 2015: JLL

PE investments in retail real estate touch Rs 5,500 cr since 2015: JLL

Increased investments would boost supply of retail space and it is estimated that about 90 shopping malls would come into the market by 2022 at major cities, it added.

May 23, 2018, 15:28 PM IST
1,333 projects worth Rs 50,626 crores completed under Smart Cities Mission

1,333 projects worth Rs 50,626 crores completed under Smart Cities Mission

Close to 400 projects worth Rs 325 crores have already been completed under AMRUT.

May 18, 2018, 14:40 PM IST
Jaypee promoters submit over Rs 10K crore revival plan for Jaypee Infra

Jaypee promoters submit over Rs 10K crore revival plan for Jaypee Infra

The offer, which includes paying part of Rs 9,800 crore debt, giving lenders an equity stake in the company and completing unfinished housing projects, is over 25 per cent higher than the best bid

May 08, 2018, 09:55 AM IST
Know all about Isha Ambani's husband-to-be Anand Piramal's magnificent ancestral haveli in Rajasthan

Know all about Isha Ambani's husband-to-be Anand Piramal's magnificent ancestral haveli in Rajasthan

Anand and Isha have been friends for long and their families have shared a strong friendship for over four decades.

May 07, 2018, 17:59 PM IST
Mumbai 2034 plan unveiled; unlocks more land for homes, commercial spaces

Mumbai 2034 plan unveiled; unlocks more land for homes, commercial spaces

Infusion of new developable land and increasing the Floor Space Index in the island city up to 3 for residential properties are the major takeaways in the Development Plan 2034 for Mumbai.

Apr 25, 2018, 22:37 PM IST
Steel houses to be mainstay of govt's low-cost affordable housing-for-all scheme

Steel houses to be mainstay of govt's low-cost affordable housing-for-all scheme

The steel-house project will provide affordable houses to urban and rural poor.

Apr 23, 2018, 18:33 PM IST
Bengaluru housing market in upswing; Q1 sales beat Chennai, Hyderabad

Bengaluru housing market in upswing; Q1 sales beat Chennai, Hyderabad

ANAROCK Property Consultants said that Bengaluru witnessed increased demand for housing properties from IT-ITeS sector and start-ups.

Apr 23, 2018, 14:43 PM IST
SC directs Jaypee Associates to deposit Rs 100 crore by May 10

SC directs Jaypee Associates to deposit Rs 100 crore by May 10

SC has directed Insolvency Resolution Person to consider representation of JAL as per law.

Apr 16, 2018, 12:35 PM IST
HDFC hikes home loans lending rates by up to 0.20%

HDFC hikes home loans lending rates by up to 0.20%

A loan for under Rs 30 lakh by a woman borrower, which is the lowest rate offered by the lender, will now be available at 8.40 percent.

Apr 10, 2018, 10:00 AM IST
Good news! Home buyers in Noida-Greater Noida to get Rs 2.5 lakh subsidy on home loans

Good news! Home buyers in Noida-Greater Noida to get Rs 2.5 lakh subsidy on home loans

New home buyers from the low and middle-income groups in Noida and Greater Noida will now be eligible to get an interest subsidy of approximately Rs 2.5 lakh on their home loans under the PMAY scheme

Mar 27, 2018, 17:44 PM IST
New residential launches drop 50% across top 7 cities in 2017; Chennai records highest dip in sales

New residential launches drop 50% across top 7 cities in 2017; Chennai records highest dip in sales

Chennai's residential real estate market was the worst-affected in 2017, with an annual decline in new launches of around 72 percent from 15,700 units in 2016 to 4,400 units in 2017.

Mar 22, 2018, 12:54 PM IST

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