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Lucknow-Agra Expressway project under Adityanath govt's scanner

Barely four months after it was thrown open to public, former Uttar Pradesh chief minister Akhilesh Yadav's ambitious Lucknow-Agra Expressway project has come under the scanner of the Yogi Adityanath government.

Yamuna development authority cancels building plans of 17 realty projects Yamuna development authority cancels building plans of 17 realty projects

The developers will have to apply afresh to approve their building plans.

Kolkata sees 54% jump in new home launches in Jan-Mar17

The city witnessed a jump in new home launches by 53.9 percent at 3,801 units in January-March 2017 quarter against that in the previous quarter, a real estate research firm said.

Housing sales drop in top 8 cities to 28,131 units in January-March Housing sales drop in top 8 cities to 28,131 units in January-March

Housing sales stood at 28,472 units during the October- December quarter in eight major cities-- Gurugram, Noida, Mumbai, Kolkata, Hyderabad, Bengaluru, Pune and Chennai.

Delhites least inclined to buy property: Report

Consumers in Delhi have the lowest propensity to buy properties, while sentiment in Mumbai is highly positive, according to a study.

Housing.Com re-enters into rent business Housing.Com re-enters into rent business

Realty portal Housing.Com, which has recently merged with PropTiger.Com, has re-entered into rent business and targets to list 2 lakh homes in the next three months.

Tata Trusts, Brick Eagle Foundation partner for housing project

Tata Trusts and Brick Eagle Foundation have partnered to design a pilot affordable housing project at Karjat, on the outskirts of Mumbai.

Modi launches 75 cashless townships across 12 states Modi launches 75 cashless townships across 12 states

Prime Minister Narendra Modi today launched 75 cashless/less-cash townships, with an overwhelming 56 of them being in Gujarat.

Business family buys 10 super-premium flats for Rs 232 crore in Mumbai Business family buys 10 super-premium flats for Rs 232 crore in Mumbai

In a major real estate purchase deal, a business family has bought 10 super-premium apartments for a massive amount of Rs 232 crore in Mumbai's Worli locality

Now Delhi Metro to venture into real estate market Now Delhi Metro to venture into real estate market

The Delhi Metro Rail Corporation is all set to venture into the residential real estate market and will soon put up over 500 flats, in the Rs 60 lakh to Rs 1 crore range, for sale.

Housing.Com appoints Amit Masaldan as national sales head Housing.Com appoints Amit Masaldan as national sales head

Realty portal Housing.Com today appointed Amit Masaldan as national sales head to expand its senior leadership team.

CREDAI members to develop over 375 affordable home projects CREDAI members to develop over 375 affordable home projects

These projects are spread across all over India and involve development of over 2,37,000 houses.

826 housing projects in India facing delay of up to 4 years: Report 826 housing projects in India facing delay of up to 4 years: Report

Much to the discomfort of home buyers, as many as 826 housing projects in the country are facing long delays of about three to four years, a study said.

Is 2017 the best year to buy affordable houses? Is 2017 the best year to buy affordable houses?

The Prime Minister ambitious affordable housing programme as it targets to achieve 'Housing for All' by 2022, has once again set the tone for home buyer's aspiration for a dream house.

PMO discusses ways to involve realty companies in PM housing scheme PMO discusses ways to involve realty companies in PM housing scheme

Ways to involve private real estate developers in the government's ambitious 'Housing-for- all by 2022' programme was on Saturday discussed at a meeting in the Prime Minister's Office with focus on removing the "bottlenecks".

RBI permits banks to invest in REITs and InvITs RBI permits banks to invest in REITs and InvITs

The Reserve Bank on Thursday allowed banks to invest in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs), a move that will help revive the cash-starved infrastructure sector.

Bank's share in realty shrinks to 24% in 5 years Bank's share in realty shrinks to 24% in 5 years

The total funding in the Indian real estate sector increased by 40 percent from USD 3.8 billion in 2011 to USD 5.4 billion in 2016 but the bank share of credit had shrunked drastically from 57 percent in 2010 to less than 24 percent in 2016, a report said.

Connaught Place world's 9th most costly office location Connaught Place world's 9th most costly office location

Mumbai's Bandra Kurla Complex (BKC) is at 19th position while the central business district (CBD) of Nariman Point is at 30th place in the CBRE's Global Prime Office Rents report.

Unitech MD Sanjay Chandra's police custody extended by 3 days Unitech MD Sanjay Chandra's police custody extended by 3 days

A Delhi court on Monday extended Unitech Ltd promoters Ajay Chandra and Sanjay Chandra's police custody by three days in an alleged fraud case related to a Gurugram-based real estate project.

 

'Realty players must push student housing to beat slow down' 'Realty players must push student housing to beat slow down'

The demand for student housing is expected to see a rapid growth in India and real estate firms should tap opportunity in this segment to beat current slowdown in the residential market, according to JLL India.