Realty major DLF's promoters are likely to enter into an agreement with Singapore's sovereign wealth fund GIC in the next few weeks to sell their 40 percent stake in rental business for an estimated Rs 13,000 crore.
The Authority has uploaded the names of these defaulters on its website www.noidaauthorityonline.com.
India's largest realty firm DLF Ltd on Friday reported Rs 135.63 crore consolidated net profit for the March quarter of last fiscal.
Bajaj Finserv, India`s most diversified financial company, through its lending arm Bajaj Finance, is offering home loans at just 8.50% for a limited period.
For LIG category the registration fee would be Rs 1 lakh while for MIG and HIG it would be Rs 2 lakh.
Real estate bodies Naredco and Credai Wednesday gave contrasting assessments of the impact of GST on housing prices, highlighting the prevailing confusion in the sector regarding the new indirect tax regime.
Realty firm Lodha Developers' UK arm has raised USD 375 million (about Rs 2,400 crore) from investment company Cain Hoy for construction of its housing project in London.
Real estate sectoral body CREDAI has urged the state governments to do away with the stamp duty on landed property to eliminate multi-point taxation after the introduction of GST.
Financial services firm ASK Group has invested Rs 200 crore in a mixed-use project being developed by realty firm ATS Infrastructure in Noida.
Private equity investment in real estate fell 4.6 percent to nearly Rs 9,600 crore during the January-March period of this year even as office segment saw the highest inflow since 2009, according to property consultant Cushman & Wakefield.
The government has set an ambitious target to construct as many as 12 lakh houses under Pradhan Mantri Awas Yojana (Urban) in 2017-18, although only 1.49 lakh houses were built under the scheme in 2016-17.
Property consultant Jones Lang LaSalle Residential (JLLR) will hire about 650 professional brokers and invest about Rs 150 crore this year to expand its presence in both offline and online housing brokerage market.
Realty firm Gaursons India will invest Rs 150 crore to develop a luxury residential project in Noida, and also plans to enter affordable housing segment in a big way to tap rising demand for low-cost homes.
The real estate sector has been traversing through challenging times and resultant impact has been felt on the demand for residential real estate projects.
Office rent rose marginally by 1 percent in the Delhi-NCR market during the January-March quarter of this year, according to property consultant JLL India.
With the demand for affordable housing increasing, the segment witnessed a significant growth in fiscal 2017 and it contributed over 50 percent to the total sales during the October-December 2016 quarter, a recent survey revealed.
Mumbai ranked 24th among 41 cities globally with 1.1 percent price rise of luxury homes for the year ended March 2017, property consultant Knight Frank India said on Tuesday.
After State Bank of India (SBI) and LIC Housing Finance, ICICI Bank on Monday decided to cut home loan rate by up to 0.3 percent for loans up to Rs 30 lakh to promote affordable housing.
The Haryana government on Saturday asked real estate developers to follow its guidelines related to development of housing projects and also asked them to address all legitimate concerns of buyers.