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New FDI norms to boost affordable housing segment New FDI norms to boost affordable housing segment

It also eased the rules for foreign investors to exit and repatriate their investments.

Govt eases FDI norms for realty sector Govt eases FDI norms for realty sector

With real estate industry facing huge slowdown for last 2-3 years, the government on Tuesday relaxed foreign direct investment (FDI) norms in construction sector by removing two major conditions related to minimum built up area as well as capital requirement.

Essel Group to build 2 lakh affordable homes by 2022 Essel Group to build 2 lakh affordable homes by 2022

The first project will be launched next month in Panchkula, Haryana at about Rs 1,500 per sq ft.

Snapdeal sale of residential apartments at "unbelievable offers" between Nov 8-9 Snapdeal sale of residential apartments at "unbelievable offers" between Nov 8-9

The ecommerce company Snapdeal is offering Property Sale between November 8-9 and promises to offer "unbelievable" offers on 1 BHK to 4 BHK apartments sold through its platform.

Sobha Group to set up residential projects in London

Realty firm Sobha Group plans to expand its international footprint in the European market by setting up residential projects in central London.

Real estate investments lukewarm this festive season: Assocham Real estate investments lukewarm this festive season: Assocham

Besides, the residential market has witnessed a steep decline by 25-30 percent in new launches as well as demand resulting a significant shrinkage.

DLF's debt rises by over 900 crore to Rs 22,520 crore

India's largest realty firm DLF's net debt has increased by Rs 922 crore during the quarter ended September to Rs 22,520 crore.

Diwali bonanza : 200 realty projects on offer, buy homes online Diwali bonanza : 200 realty projects on offer, buy homes online

Online marketplace Snapdeal Tuesday launched a home shopping festival offering discounts on purchase of flats in over 200 projects across major cities.

No time extension beyond Dec 15 for Smart City plan

The concerned Ministry officials, quoting Urban Development Minister M Venkaiah Naidu emphasized that no such extension beyond December 15 will even be considered and urged all mission cities to adhere to this timeline.

Don't depend on sops, work in market economy: Jaitley to builders Don't depend on sops, work in market economy: Jaitley to builders

The minister also reiterated the government's commitment to make affordable houses for all by 2022.

Jaitley hopes for sustained low rates, inflation under control Jaitley hopes for sustained low rates, inflation under control

 Expecting inflation to remain under control, Finance Minister Arun Jaitley today said he is hopeful that the downward move in interest rates will stay.

Average price of property in London nears £500,000 Average price of property in London nears £500,000

As per report in BBC, the average price of a home in London rose to £499,997 in September, as per the latest figures from the Land Registry.

Tata Housing sells 250 flats in Goa worth Rs 100 crore Tata Housing sells 250 flats in Goa worth Rs 100 crore

The company is developing 600 apartments in this 5-acre project, which was launched recently on Facebook. The prices are in the range of Rs 30-70 lakh.

Restaurants, shopping malls and theatres likely to be open 24x7 Restaurants, shopping malls and theatres likely to be open 24x7

If the state governments agree with the proposal of the centre, it is very likely that shopping malls, restaurants, theatres and local markets will soon be open round the clock, i.e. 24X7, 365 days a year.

MCDs step up work towards improved property tax collection MCDs step up work towards improved property tax collection

Faced with fund crunch, the three Municipal Corporations of Delhi have stepped up work on the ambitious Unique Property Identification Code (UPIC) project that aims to streamline the database of properties under their jurisdiction and enforce an improved collection of tax in the city.

Indians invest $2 bn in Dubai real estate in H1 2015

Indians invested nearly USD 2 billion in the Dubai's real estate during the first half of this year.

Over 75% real estate projects non-starters: Assocham Over 75% real estate projects non-starters: Assocham

Over 75 percent of 3,540 live real estate projects with outstanding investments of more than Rs 14 lakh crore remained non-starters as of 2014-15, an Assocham study said.

Indiabulls Real Estate gets plan approval for London project Indiabulls Real Estate gets plan approval for London project

Last year, the company had entered the London market with acquisition of 22, Hanover Square in Mayfair, Central London, a 87,444 sq ft commercial property for Rs 1,630 crore.

Indiabulls Housing Finance Q2 net up 24% at Rs 555.53 cr Indiabulls Housing Finance Q2 net up 24% at Rs 555.53 cr

The company had reported net profit of Rs 448.24 crore in the July-September quarter of last fiscal, 2014-15.

Indiabulls Real Estate Q2 net soars two-fold to Rs 75 cr

Indiabulls Real Estate Ltd on Wednesday reported a two-fold increase in consolidated net profit at Rs 75.01 crore for the second quarter ended September 30 helped by sale of investments.