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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.

Govt announces 13 winners of Fast track Smart City competition; Lucknow tops list Govt announces 13 winners of Fast track Smart City competition; Lucknow tops list

Union Minister Venkaiah Naidu on Tuesday announced 13 winners of Fast track Smart City competition which was topped by Lucknow.

Hundreds of Noida homebuyers left in the lurch as Supertech expressway project scrapped Hundreds of Noida homebuyers left in the lurch as Supertech expressway project scrapped

Real estate major Supertech's expressway project –Upcountry, which is almost ready for possession, has been cancelled by the authority.

India, Thailand, Myanmar to be connected with a 1400-km road India, Thailand, Myanmar to be connected with a 1400-km road

India, Thailand and Myanmar are working on a 1,400-kilometre long highway that will link India with Southeast Asia by land for the first time in decades, giving a boost to trade and cultural exchanges between the three countries.

RBI looks to check customer liability in banking frauds RBI looks to check customer liability in banking frauds

The objective is to plan, evolve, prepare, develop, promote and publish comprehensive codes and standards for banks and providing fair treatment to customers.

'Pune tops India's value 5 star hotel destinations in 2015' 'Pune tops India's value 5 star hotel destinations in 2015'

 The cultural capital of Maharashtra, Pune, has emerged as the best 5 star hotels destination where Indian travellers paid the least in 2015, with an average price of Rs 7,602 a night, according to a survey.

Smart City: Govt to announce names of 14 more cities soon Smart City: Govt to announce names of 14 more cities soon

Names of 14 more new cities would be announced soon under the flagship 'Smart City Mission' which will receive the first tranche of funding, the government said Thursday.

Must Watch Video: Shah Rukh Khan's Dubai housing project Royal Estates Must Watch Video: Shah Rukh Khan's Dubai housing project Royal Estates

Zee Media Bureau

New Delhi: Royal Estates is the Bollywood superstar Shah Rukh Khan's latest housing project in Dubai that is worth Dh2.3-billion.

Shah Rukh Khan, Gauri's Dubai housing project Royal Estates begins Shah Rukh Khan, Gauri's Dubai housing project Royal Estates begins

Royal Estates was launched in 2008 but was put on hold due to global financial crisis. It was re-launched in August 2014.

Delhi-NCR witnesses 62% rise in new home launches in Jan-March Delhi-NCR witnesses 62% rise in new home launches in Jan-March

 Launches of new homes increased by 62 percent to 4,600 units in Delhi-NCR during January-March period despite sluggish demand and huge unsold stocks, according to property consultant Cushman & Wakefield.