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Flat owners can jointly move national consumer forum against builders: Supreme Court Flat owners can jointly move national consumer forum against builders: Supreme Court

Supreme Court said that flat owners can directly approach the National Consumer Disputes Redressal Commission (NCDRC) as a group against real estate players.

India Ratings maintains negative outlook on infra sector for FY18 India Ratings maintains negative outlook on infra sector for FY18

Domestic rating agency India Ratings and Research (Ind-Ra) has maintained a negative outlook for the infrastructure sector for FY18, and today said the negative outlook on the three heavyweight sub-sectors, toll roads, thermal and wind ? continues to pull the overall sector outlook down.

Centre okays building of over 90,000 houses under PMAY

The central assistance for construction of these houses would be to the tune of Rs 1,188 crore.

SC tells Unitech to pay interest to flat buyers SC tells Unitech to pay interest to flat buyers

The Supreme Court on Monday asked real estate major Unitech to pay interest to 39 flat buyers who chose to withdraw after the builder`s failure to deliver flats as promised.

DLF to invest Rs 3,500 crore in 2017 to complete running projects DLF to invest Rs 3,500 crore in 2017 to complete running projects

India's largest realty firm DLF Ltd will invest about Rs 3,500 crore this year to complete construction of almost all of its existing housing projects, a senior company official said.

Private equity inflows in realty touch 9-year high at Rs 39,900 crore in 2016 Private equity inflows in realty touch 9-year high at Rs 39,900 crore in 2016

Private equity investments in the real estate sector increased by 26 percent during 2016 and touched a nine-year high of nearly Rs 40,000 crore, according to property consultant Cushman & Wakefield.

DLF net debt up 5.43% to Rs 24,397 crore on lower sales DLF net debt up 5.43% to Rs 24,397 crore on lower sales

Realty major DLF's net debt rose by Rs 1,257 crore to Rs 24,397 crore in the third quarter of the current fiscal as its cash-flows were hit due to fall in housing sales amid negative sentiment in the property market post demonetisation.

Taking legal steps over AAI eviction notices: Hotel Leela Taking legal steps over AAI eviction notices: Hotel Leela

Hotel Leela Ventures on Tuesday said it is taking "legal steps" over the eviction notices to it by the Airport Authority of India over two land plots near Mumbai International Airport.

In a first, a township in Gujarat goes cashless In a first, a township in Gujarat goes cashless

The Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) township in Bharuch has become country's first ever "cashless township", as over 10,000 residents have embraced various digital mode of payments instead of cash.

Centre cautions CMs of vacuum if Real Estate Act timelines not met by April 30 Centre cautions CMs of vacuum if Real Estate Act timelines not met by April 30

With buyers entitled to seek relief under the Real Estate Act, 2016 with effect from the first of May this year, the central government has cautioned the States of a serious situation of vacuum arising if necessary institutional mechanisms, as required under the Act were not put in place before that.

Subsidy for first home buyers: Pay up to Rs 2.4 lakh less on 20-year loan tenure Subsidy for first home buyers: Pay up to Rs 2.4 lakh less on 20-year loan tenure

There is good news for the first home buyers.The government is offering a subsidy of Rs 2.4 lakh for a loan tenure of up to 20 years.

Supertech's 382 units society faces sealing by Greater Noida Authority Supertech's 382 units society faces sealing by Greater Noida Authority

The realty major Supertech is in fresh trouble as the Greater Noida Industrial Development Authority(GNIDA)on Monday began sealing 382 flats and villas built at SupertechCzar Suites in Greater Noida.

Delhi govt clears 6,178 Economically Weaker Section flats Delhi govt clears 6,178 Economically Weaker Section flats

Delhi Urban Shelter Improvement Board today approved a proposal to construct 6,178 flats for economically weaker section (EWS) in Lajpat Nagar, Bhalaswa, Dev Nagar, Mangolpuri and Ambedkar Nagar.

Govt rules out tax incentive beyond Rs 2 lakh for second home Govt rules out tax incentive beyond Rs 2 lakh for second home

Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.

Union Budget 2017: Know how Budget will affect housing sector Union Budget 2017: Know how Budget will affect housing sector

The Finance Minister Arun Jaitley while presenting the Budget 2017-18 in Parliament on Wednesday said that the scheme for profit linked income tax exemption for promoters of affordable housing will be broad based.

Union Budget 2017: Budget to provide ample push for affordable housing, say experts Union Budget 2017: Budget to provide ample push for affordable housing, say experts

Hailing the government's decision to grant infrastructure status to affordable housing segment, experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks.

Budget 2017: Tax relief on capital gains for property sale proposed Budget 2017: Tax relief on capital gains for property sale proposed

The government also plans to extend the basket of financial instruments in which the capital gains can be invested without payment of tax.

DLF Noida mall in CBRE list of 22 best global retail projects DLF Noida mall in CBRE list of 22 best global retail projects

Realty major DLF Ltd today said that its shopping mall in Noida has been included in the CBRE's list of 22 best retail projects globally for creating an environment to attract shoppers and retain them.

Tata Housing targets Rs 450 crore sales revenue from luxury project at Kasauli Tata Housing targets Rs 450 crore sales revenue from luxury project at Kasauli

Realty major Tata Housing is eyeing sales target of Rs 450 crore by 2020 from its luxury housing project in Himachal Pradesh, as per a top company official.

Moody's downgrades Lodha Developer's ratings Moody's downgrades Lodha Developer's ratings

The corporate family rating of city-based realty firm Lodha Developers (LDPL) has been downgraded by global ratings agency Moody's Investors Service to B2 from B1, citing reasons of weak liquidity position and high refinancing risk for such rating.