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Sahara auction: Sebi adds 16 land parcels, bid price Rs 650 crore Sahara auction: Sebi adds 16 land parcels, bid price Rs 650 crore

Markets regulator Sebi on Friday added 16 land parcels of Sahara group with a reserve price of over Rs 650 crore to the list of properties to be auctioned next month for recovery of funds.

Sebi eases REIT norms to attract investors, realtors Sebi eases REIT norms to attract investors, realtors

With an aim to make REITs more attractive to investors and real estate players, markets regulator Sebi on Friday decided to relax its norms to allow these Trusts to invest more in under-construction assets and have a larger number of sponsors.

Looking to purchase a house? Here are 4 Real Estate terms you must know Looking to purchase a house? Here are 4 Real Estate terms you must know

The total area of home that comes under single roof is called covered area.

Sebi to consider proposals to relax Real Estate Investment Trusts norms Sebi to consider proposals to relax Real Estate Investment Trusts norms

 To deepen Indian capital markets, regulator Sebi's board will consider proposals, on Friday, for relaxed norms for REITs and an easier set of compliance rules for foreign fund managers keen to relocate to India.

Delhi's Connaught Place world's 7th most costliest office destination Delhi's Connaught Place world's 7th most costliest office destination

Mumbai's BandraKurla Complex (BKC) is at the 19th position and Nariman Point at 34th, according to CBRE Research's Global Prime Office Occupancy Costs bi-annual survey.

Court orders proceedings against Unitech, its top bosses

The flat was to be handed over by April 2008 but the company failed to abide by its agreement.

DLF to sell 40% stake in its rental arm; gets over $1bn bids DLF to sell 40% stake in its rental arm; gets over $1bn bids

DLF had in October last announced that its promoters will sell their stake in the DLF Cyber City Developers Ltd which holds the bulk of office and retail complexes.

Omaxe's sales booking up 11% at Rs 1,648 crore in FY'16 Omaxe's sales booking up 11% at Rs 1,648 crore in FY'16

Real estate firm Omaxe Ltd sold residential and commercial properties worth Rs 1,648 crore in last fiscal, up 11 percent from the 2014-15, despite fall in average sales realisation.

Bad news for property buyers! Noida residential land rates hiked by 14.19% Bad news for property buyers! Noida residential land rates hiked by 14.19%

Land rate in A category highly-developed residential sectors has been enhanced from Rs 68,750 to Rs 81,400 per square meter.

Court brings cheer for home buyers; says no service tax for under construction flats Court brings cheer for home buyers; says no service tax for under construction flats

If the developer has already collected service tax, then buyers will get it refunded with 6% rate of interest by the revenue department.

DLF must pay Rs 5,000 per day to each flat owners if it delays possession DLF must pay Rs 5,000 per day to each flat owners if it delays possession

DLF Ltd has delayed giving possession to 50 buyers of their flats in Panchkula project in Haryana.

Jaypee Group defaults on Rs 4,460 cr debt, payments Jaypee Group defaults on Rs 4,460 cr debt, payments

Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore.

Sebi orders Arise Bhoomi to refund investor money Sebi orders Arise Bhoomi to refund investor money

Pulling the plug on an illicit real estate investment scheme, markets regultor Sebi has ordered Arise Bhoomi Developers and its directors to refund investors' money in three months.

Smart Cities? Mumbai, Delhi, Bengaluru not really smart, says survey Smart Cities? Mumbai, Delhi, Bengaluru not really smart, says survey

The financial hub of India, Mumbai was ranked the highest at 167 while the national capital New Delhi came in at 174. Bengaluru was ranked 176 and Kolkata at 179 among 181 global cities.

Buying your dream home in Gurgaon to get cheaper; circle rates might be slashed Buying your dream home in Gurgaon to get cheaper; circle rates might be slashed

Real estate prices in Gurgaon is likely to slash further with the administration contemplating to slash circle rates by 15 percent.

Housing.Com to achieve $10 million revenue this fiscal

Housing.Com, which has raised over USD 100 million from various investors including Softbank and has restructured the business, today said it expects USD 10 million revenue in the current fiscal.

DLF targets up to Rs 3,500 crore in new sales booking in FY17 DLF targets up to Rs 3,500 crore in new sales booking in FY17

Realty major DLF is targeting new sales booking of Rs 3,000-3,500 crore in the current fiscal, similar to last year level, as housing demand continues to be low, a company's senior official said.

EPFO to hire consultant to draft housing scheme for members

Retirement fund body EPFO will hire a consultant to work out a low-cost housing scheme for its over 4 crore subscribers.

Snapdeal partners Puravankara to sell flats with assured rent Snapdeal partners Puravankara to sell flats with assured rent

Online marketplace Snapdeal has tied up with realty firm Puravankara Projects to market 200 ready-to-occupy flats in Chennai, Bengaluru, Coimbatore and Kochi, while offering assured rent for seven years to buyers.

New winners of smart city: Check out complete list New winners of smart city: Check out complete list

Check out the list of 13 winners of Fast track Smart City competition.