realty

Parsvnath builders asked to compensate homebuyer for delay

Parsvnath builders asked to compensate homebuyer for delay

The Delhi state consumer commission has directed a real estate firm to pay Rs three lakh as compensation to a homebuyer for delay in handing over the possession of a flat.

Jul 17, 2017, 14:25 PM IST

Signature Global to invest Rs 400-crore in two Gurugram projects

Realty firm Signature Global will invest Rs 400 crore to develop two new affordable home projects in Gurugram as part of its expansion plan in low-cost housing segment.

Jun 25, 2017, 17:50 PM IST
Centre proposes VCF policy for property owners

Centre proposes VCF policy for property owners

Property owners will have to shell out more money in the form of new taxes to be levied by the government in the wake of state-sponsored infrastructure projects pushing up the prices of land and buildings in the vicinity.

Apr 02, 2017, 15:59 PM IST
2016 witnessed negative retail space supply: JLL

2016 witnessed negative retail space supply: JLL

Limited supply coupled with closure of certain malls resulted in a negative supply in retail space for the first time ever in 2016, a recent survey said.

Mar 27, 2017, 18:11 PM IST
DLF promoters to sell 40% stake in rental arm to GIC

DLF promoters to sell 40% stake in rental arm to GIC

Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.

Mar 01, 2017, 19:54 PM IST
Sensex spurts in opening trade ahead of Budget

Sensex spurts in opening trade ahead of Budget

Ahead of the Union Budget that is to be presented later in the day, market rose by over 64 points in opening trade today as investors built up positions.

Feb 01, 2017, 10:04 AM IST
Realty, consumer non-durable markets to be hit by notes ban: Experts

Realty, consumer non-durable markets to be hit by notes ban: Experts

Experts are of the view that ecommerce, real estate and consumer non-durable sectors are likely to be hit by government's move to ban Rs 500 and Rs 1,000 notes, even as they projected the economy to benefit from it in the long run.

Nov 09, 2016, 10:33 AM IST
Real estate shares plunge 20% in early trade

Real estate shares plunge 20% in early trade

Realty stocks plunged up to 20 percent in early trade on Wednesday with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.

 

 

Nov 09, 2016, 10:06 AM IST
Growth in infrastructure development will pull down prices: Experts

Growth in infrastructure development will pull down prices: Experts

Concerned over the rising land cost, realty experts believe that growth in infrastructure development will result in bringing the prices down.

Oct 14, 2016, 21:53 PM IST

Realtors seek tax relief, land to build affordable homes

Realtors' body NAREDCO today demanded tax relief and increase in land supply to develop affordable homes so as to help achieve the government's 'Housing for All' objective.

Oct 13, 2016, 18:32 PM IST

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.

Sep 22, 2016, 19:39 PM IST
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.

Sep 10, 2016, 19:28 PM IST
24,000 residential units launched during Apr-Jun: Study

24,000 residential units launched during Apr-Jun: Study

As many as 24,000 residential units were launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said.

Aug 05, 2016, 17:09 PM IST
LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.

Jul 15, 2016, 15:29 PM IST
 'Nearly 10.4 million sq ft office space absorbed during Apr-June'

'Nearly 10.4 million sq ft office space absorbed during Apr-June'

Even in the backdrop of global slowdown concerns, nearly 10.4 million sq ft of office space was absorbed in the country during April-June, backed by demand from sectors like IT, BFSI and manufacturing, a report said.

Jul 14, 2016, 20:32 PM IST
India has improved in transparency ranking in real estate: JLL

India has improved in transparency ranking in real estate: JLL

Owing to policy measures taken by the government, India has improved in global rankings in terms of transparency in real estate sector in Asia Pacific, says a report.

Jun 30, 2016, 18:07 PM IST