Real Estate News

DDA new scheme: 41,000 applications received as deadline ends

DDA new scheme: 41,000 applications received as deadline ends

The extended deadline for submission of forms came to a close yesterday, and the senior official said about 90,000 forms were sold.

Sep 12, 2017, 19:29 PM IST
Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate has acquired a 13,519 square meter land in Gurugram for an undisclosed amount to a develop commercial complex on the plot.

Sep 11, 2017, 23:19 PM IST
SC asks IRP to take over Jaypee management; directs company to deposit Rs 2000 crore

SC asks IRP to take over Jaypee management; directs company to deposit Rs 2000 crore

It also restrained the Managing Director and Directors of Jaypee Infratech, a sister company of Jaypee associates, from travelling abroad without its prior permission.

Sep 11, 2017, 14:11 PM IST
Ram Vilas Paswan says panel to look into Jaypee homebuyers' issue

Ram Vilas Paswan says panel to look into Jaypee homebuyers' issue

Homebuyers have filed 400 complaints against the company through the National Consumer Helpline of the ministry. These complaints have been forwarded to concerned departments/ ministries for

Sep 09, 2017, 16:28 PM IST
India among top 10 price appreciating housing markets: Report

India among top 10 price appreciating housing markets: Report

According to Knight Frank's Frank Global House Price Index, India stood ninth among 55 international markets - 13 spots above its position on the index over April-June 2016.

Sep 07, 2017, 19:57 PM IST
62% of new launches in H1 2017 in affordable housing segment: Report

62% of new launches in H1 2017 in affordable housing segment: Report

As many as 62 percent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed.

Sep 07, 2017, 16:33 PM IST
HFCs to need Rs 9,000-16,000 crore capital over next 3 years: Icra

HFCs to need Rs 9,000-16,000 crore capital over next 3 years: Icra

Housing finance companies (HFCs) are likely to need around Rs 9,000-16,000 crore of external capital over the next three year to grow at 20-22 per cent, said a report on Monday.

Sep 04, 2017, 16:27 PM IST
SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.

Sep 04, 2017, 13:42 PM IST
SC stays insolvency proceedings against Jaypee Infratech

SC stays insolvency proceedings against Jaypee Infratech

Earlier, the Supreme Court had on August 23 agreed to hear a plea of several aggrieved flat-buyers who had booked their dream home in several projects of Jaypee Infratech, against whom insolvency

Sep 04, 2017, 12:55 PM IST
Aim to be among top 3 in every market: Godrej Properties

Aim to be among top 3 in every market: Godrej Properties

Godrej Properties aims to be among the top three players in each city it operates in, building on its status as the largest listed developer by sales booking in the last two years, says Chairman

Sep 03, 2017, 12:18 PM IST
Post RERA, brokers may focus on rental market: Survey

Post RERA, brokers may focus on rental market: Survey

With the number of residential project launches falling on the back of the implementation of the Real Estate Regulatory Authority (RERA) from May 1, brokers are planning to focus on rental market to

Sep 03, 2017, 11:55 AM IST
Deposit Rs 5 crore within four weeks to get interim bail: SC tells Sanjay Chandra

Deposit Rs 5 crore within four weeks to get interim bail: SC tells Sanjay Chandra

Chandra and his brother Ajay were arrested in April this year after investors who did not get their flats as promised filed complaints of cheating against them.

Sep 01, 2017, 13:41 PM IST
Some stalled projects tarnishing image of entire sector: CREDAI

Some stalled projects tarnishing image of entire sector: CREDAI

Realtors' apex body CREDAI on Thursday said image of the entire real estate industry is being hit due to stalled projects of some big builders in Delhi-NCR and offered its help in completing their

Aug 31, 2017, 22:51 PM IST

Panacea promoters may demerge real estate biz into separate companies

Drug firm Panacea Biotec Wednesday said its promoters have entered into a family agreement under which they plan to demerge the company's real estate business into a separate firm to be later listed

Aug 30, 2017, 16:34 PM IST
ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property Consultants has acquired real estate broking firm LJ Hooker's India business Redwoods as part of its strategy to provide integrated real estate solutions to clients. The size of the

Aug 30, 2017, 15:42 PM IST
Centre moves SC seeking transfer of pleas against RERA to Delhi HC

Centre moves SC seeking transfer of pleas against RERA to Delhi HC

The Supreme Court today agreed to hear the Centre's petition seeking transfer of various pleas, which are challenging validity of the Real Estate (Regulation and Development) Act (RERA) and are

Aug 30, 2017, 12:30 PM IST

Govt lends an ear to builders' demand for realty growth

The government on Monday assured real estate developers that it will look into their legitimate demand for growth as the sector plays an important role in employment generation.

Aug 28, 2017, 20:49 PM IST
Mumbai, Delhi, Bengaluru among top 6 cities in global rental index

Mumbai, Delhi, Bengaluru among top 6 cities in global rental index

According to the report, the global price index that compares rental values of prime office spaces across 20 international markets rose by 1.2 per cent in the quarter.

Aug 28, 2017, 20:09 PM IST
Govt sanctions over 2.17 lakh houses for urban poor

Govt sanctions over 2.17 lakh houses for urban poor

With this, the total houses sanctioned under the scheme increased to over 26.13 lakh with a total investment of around Rs 1.39 lakh crore. Central assistance of Rs 40,597 crore has been approved for

Aug 28, 2017, 19:32 PM IST
CPSEs' land likely to be used for affordable housing

CPSEs' land likely to be used for affordable housing

The government aims to provide shelter for economically weaker sections under the affordable housing scheme by 2022.

Aug 28, 2017, 18:01 PM IST

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