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Housing sales down 1-2% in Jan-June in seven major cities Housing sales down 1-2% in Jan-June in seven major cities

Housing sales fell by 1-2 percent in the seven major cities during the first half of this year, while supply increased by 10 percent over the preceding six months, according to property consultant CBRE.

Pledging PF to buy low cost homes to be reality next  year Pledging PF to buy low cost homes to be reality next year

Over four crore subscribers of the retirement fund body EPFO would be able to pledge their provident fund to buy houses and use their accounts to pay equated monthly instalments (EMIs) from next fiscal.

China property tycoon warns on real estate bubble China property tycoon warns on real estate bubble

China`s richest man, real estate magnate Wang Jianlin, has warned the country`s property market is the "biggest bubble in history" -- the latest alarm bell to be sounded on the world`s second largest economy.

India needs to create smart villages, not just smart cities: Anand Mahindra India needs to create smart villages, not just smart cities: Anand Mahindra

Mahindra and Mahindra Group Chairman Anand Mahindra said here on Wednesday that India needed to create smart villages and not just smart cities in order to lead the technology boom.

PM Narendra Modi's ambitious Smart Cities plan squeezing out slum dwellers: Activists PM Narendra Modi's ambitious Smart Cities plan squeezing out slum dwellers: Activists

India`s drive to overhaul its cities to accommodate a growing population of migrants will force tens of thousands of people from their slum homes as city planners spruce up central business districts and build metro train lines, activists say.

Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

PE investment in retail realty jumps 13-fold to Rs 3350 crore in H1 PE investment in retail realty jumps 13-fold to Rs 3350 crore in H1

Private equity (PE) investment in retail real estate jumped over 13-fold to Rs 3,350 crore in the first six months of this year on the back of some big- ticket deals, according to a global property consultant.

Smart City Project: Vadodara aims to become manufacturing hub Smart City Project: Vadodara aims to become manufacturing hub

The Vadodara civic authority has expressed hope that the city will be developed as an "innovative manufacturing hub" under the smart city mission.

Visakhapatnam richest city in Andhra Pradesh –Check out the list Visakhapatnam richest city in Andhra Pradesh –Check out the list

The AP government has for the first time estimated per capita income of all the 175 assembly constituencies.

Govt approves Rs 2,600-crore highway projects across five states Govt approves Rs 2,600-crore highway projects across five states

Government on Tuesday approved nine highway projects in five states to be executed at a cost of Rs 2,600 crore.

27 new smart cities announced: Full list 27 new smart cities announced: Full list

Here is the complete list of the new smart cities in the order of merit.

Third list of 27 new smart cities announced; Amritsar tops the list Third list of 27 new smart cities announced; Amritsar tops the list

The Government aims to transform about 100 cities by 2019-20, with the Centre providing financial support of Rs 48,000 crore over five years.

Govt to announce next set of smart cities today Govt to announce next set of smart cities today

As per the Misison guidelines, as many as 40 cities have to be announced during this financial year.

Next set of smart cities to be announced next week: Naidu Next set of smart cities to be announced next week: Naidu

The Centre will announce the next set of 27 cities for financing under the Modi-government flagship Smart City Mission next week, Union Urban Development Minister M Venkaiah Naidu said Thursday.

 

Ghaziabad Exotica project: SC directs Parsvnath developers to deposit Rs 12 crores within 4 weeks Ghaziabad Exotica project: SC directs Parsvnath developers to deposit Rs 12 crores within 4 weeks

The case pertains project Exotica in Ghaziabad where the firm, was asked by the apex cousumer commission in May this year to refund money to 70 buyers who had booked flats in Parsvnath Exotica project.

Indiabulls Housing to restructure debt to lower borrowing rate Indiabulls Housing to restructure debt to lower borrowing rate

 Indiabulls Housing Finance is planning to restructure its long-term loan portfolio to bring down the average cost of borrowing for the company by 30-40 basis points.

This mechanic-turned Indian businessman owns 22 apartments in Burj Khalifa! This mechanic-turned Indian businessman owns 22 apartments in Burj Khalifa!

The Kerala-born is believed to be one of the largest private owners within the Burj Khalifa, the world's tallest structure.

Unitech to open escrow account, use money to complete projects: Delhi High Court Unitech to open escrow account, use money to complete projects: Delhi High Court

 The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in it solely for these projects.

Parsvnath Q1 net profit flat at Rs 4.58 crore Parsvnath Q1 net profit flat at Rs 4.58 crore

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales.

Unitech to raise funds to speed up housing projects Unitech to raise funds to speed up housing projects

Facing consumer complaints over delay in project completion, realty firm Unitech today said it will raise about Rs 300 crore from financial institutions and sale of land parcels to complete over 40 housing projects comprising 13,000 flats within the next two years.