Real Estate News

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
UP has got 41,173 more houses under Pradhan Mantri Awas Yojana(Urban)

UP has got 41,173 more houses under Pradhan Mantri Awas Yojana(Urban)

The Union Ministry of Housing and Urban Affairs has sanctioned 2,17,900 more houses for six states, including Uttar Pradesh, taking the total houses sanctioned so far to 26,13,568 with a total

Aug 28, 2017, 16:18 PM IST
DLF promoters to sell entire stake in rental arm for Rs 12,000 crore

DLF promoters to sell entire stake in rental arm for Rs 12,000 crore

The promoters -- K P Singh and family -- would sell 33.34 per cent stake in DLF Cyber City Developers Ltd (DCCDL) to Singapore's sovereign wealth fund GIC for Rs 8,900 crore.

Aug 25, 2017, 22:10 PM IST

Centre to invite global expertise for housing scheme

The move is in line with the government's push under the 'Pradhan Mantri Awas Yojana' (PMAY) (Urban) project, which aims at providing 'pucca' houses to every poor family in the country by 2022.

Aug 25, 2017, 17:19 PM IST
Bring down land prices for affordable housing: Niti Aayog

Bring down land prices for affordable housing: Niti Aayog

Noting that high cost of land is a key constraint in rapid expansion of affordable housing, the Niti Aayog has pitched for steps to bring down land prices to give a push to the Centre's housing

Aug 24, 2017, 23:24 PM IST
DLF board meet on August 25 to decide on Rs 13,000 crore GIC deal

DLF board meet on August 25 to decide on Rs 13,000 crore GIC deal

India's largest realty firm DLF will hold a board meeting on Friday to decide on promoters' proposed sale of 40 per cent stake in rental arm to investment firm GIC in a deal estimated at around Rs 13

Aug 23, 2017, 15:08 PM IST
SC to hear plea of 32,000 Jaypee flat buyers tomorrow

SC to hear plea of 32,000 Jaypee flat buyers tomorrow

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud said it will hear the plea of flat-buyers who alleged that they will neither get a home nor a refund of their hard earned money

Aug 23, 2017, 12:27 PM IST
Hilton expands in India with DoubleTree by Hilton Shirdi

Hilton expands in India with DoubleTree by Hilton Shirdi

Hilton and DoubleTree by Hilton on Tuesday announced the signing of a management agreement with Trillion Real Estate and Properties for a new property in Maharashtra.

Aug 22, 2017, 17:59 PM IST
NCLT's insolvency proceedings forces Jaypee to 'adjust' deals

NCLT's insolvency proceedings forces Jaypee to 'adjust' deals

Jaypee Infratech is offering its flat owners fresh deals to shift their bookings to its new property in Greater Noida.

Aug 21, 2017, 11:36 AM IST
Parsvnath leases 74,000sq ft office area to WHO, Facebook India

Parsvnath leases 74,000sq ft office area to WHO, Facebook India

While the World Health Organisation (WHO) has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area, Jain said.

Aug 20, 2017, 14:27 PM IST
Will sell my own house, pay everybody: Unitech MD Sanjay Chandra tells SC

Will sell my own house, pay everybody: Unitech MD Sanjay Chandra tells SC

The Supreme Court on Wednesday directed Delhi Police to furnish details of the number of flat buyers of Unitech`s project in Gurugram who had approached it for registering cases and the total amount

Aug 17, 2017, 19:27 PM IST
CREDAI seeks PM's intervention for proper rollout of RERA

CREDAI seeks PM's intervention for proper rollout of RERA

Real estate industry body CREDAI on Thursday sought the prime minister's intervention to ensure proper and expeditious implementation of the new real estate regulatory law to protect the interest of

Aug 17, 2017, 19:04 PM IST
'Buying homes in London cheaper on stronger rupee vs pound'

'Buying homes in London cheaper on stronger rupee vs pound'

Indians bought homes in London at a 14 percent cheaper price during the March quarter than the year-ago period with the rupee gaining strength against the British pound, according to Knight Frank

Aug 17, 2017, 17:54 PM IST
Worried owners of undelivered flats get relief as Insolvency Board revises norms for claims

Worried owners of undelivered flats get relief as Insolvency Board revises norms for claims

The revised regulations come at a time when a large number of flat buyers have been left in the lurch, especially in the National Capital Region (NCR), due to long delay in deliveries amid the

Aug 17, 2017, 17:46 PM IST
Home buyers who have deposited money with developers must get possession: Arun Jaitley

Home buyers who have deposited money with developers must get possession: Arun Jaitley

Expressing government's sympathy with the flat buyers, Finance Minister Arun Jaitley said that people who have deposited money with the developers should get possession of their flats. 

Aug 16, 2017, 17:22 PM IST