Realty major DLF on Friday announced the sale of its remaining 7 screens of DT Cinemas in the national capital to Cinepolis India for nearly Rs 64 crore, thereby exiting the cinema exhibition business.
CCI has rejected complaints against two real estate developers -- Imperial Housing Ventures and ANS Developers.
Unitech, had been asked to deposit Rs 5 crore by August 5, 2016, for delaying the completion of a high-end residential project Burgundy.
Realty portal Magicbricks Wednesday launched a mobile app to help users find the current property prices in eight major cities as part of its strategy to expand operations.
In a bid to revive the stuck construction and real estate projects, the Cabinet on Wednesday approved an array of measures to help quickly resolve disputes, pump in liquidity and deal with stressed assets.
Last October, DLF had announced that its promoters would sell 40 percent stake in DLF Cyber City Developers (DCCDL).
Delhi Development Authority's Housing Scheme 2016 with 12,000 flats on offer is likely to be launched around Diwali, in what could be a festive bonanza for home buyers.
The apex court has also directed DLF to either meet the deadline or pay 9 percent interest on further delay.
The apex court has asked Parsvnath Developers to refund home buyers and investors money in a delayed housing project in Ghaziabad.
With global investors committing over USD 2 billion in the Indian real estate sector, credit rating agency ICRA said developers would be able to acquire new projects and ensure healthy launch pipeline.
Private equity inflows in realty sector rose by 33 percent to Rs 5,193 crore in the first half of 2016 on improved investment climate following reforms like real estate regulatory law, ease in FDI rules and introduction of REITs, according to property consultant JLL.
The Labour Ministry will come out with a scheme to provide low-cost housing for retirement fund body Employees' Provident Fund Organisation (EPFO) subscribers, Union Minister Bandaru Dattatreya said Sunday.
Realty firm Parsvnath Developers is planning to raise up to 1,000 crore through issuance of non-convertible debentures (NCDs), the company said on Saturday.
Piramal Group's real estate firm Piramal Realty has awarded Rs 700-crore contract to L&T Group for construction of its housing project in Mumbai.
Amid buyer complaints of realtors not delivering housing projects on time, senior government functionaries today asked developers to live up to their promises, and ensure consumers do not suffer endless delays in possession.
With an aim to revive construction industry, NITI Aayog is working on a policy to enable various government agencies to pay back debt of their contracting companies directly to the financial institutions or banks.
Housing sales are likely to remain stable or improve in next six months while price appreciation is expected to be muted, according to a report by FICCI-Knight Frank India.
Embattled real estate firm Unitech Ltd was Wednesday directed by the Supreme Court to deposit Rs 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurgaon project but not got possession on time.
The court has also asked Unitech to pay Rs 5 crore in 2 weeks and the remaining balance by end of September.
The iconic Plaza hotel of New York, owned by crisis-ridden Sahara group, has been named among the top rated hotel residences in the world.