Real Estate News

Sale of housing properties at 9-year high in Mumbai during November; Here's why

Sale of housing properties at 9-year high in Mumbai during November; Here's why

The sale of residential property in Mumbai has recorded the highest-ever registrations in the month of November over the last nine years. A total of 9,301 units were registered in the metropolitan

Dec 09, 2020, 20:29 PM IST
Real estate outlook turns positive but should you buy a house now?

Real estate outlook turns positive but should you buy a house now?

The Indian real estate outlook for the next six months is optimistic with signs of revival in demand, finds study.

Nov 17, 2020, 18:33 PM IST
Good news for home buyers! This bank reduces interest rates to 6.75%

Good news for home buyers! This bank reduces interest rates to 6.75%

The new loan rates of this bank are effective from November 1, 2020.

Nov 06, 2020, 14:30 PM IST
ICICI Bank launches virtual property exhibition for Delhi-NCR, 50 projects by over 35 developers to be showcased

ICICI Bank launches virtual property exhibition for Delhi-NCR, 50 projects by over 35 developers to be showcased

The ‘Home Utsav’ virtual exhibition for Delhi-NCR is till November 20, 2020. 

Oct 23, 2020, 17:59 PM IST
Housing sales: Realty firms offer discounts, easy payment plans, assured rents to attract customers

Housing sales: Realty firms offer discounts, easy payment plans, assured rents to attract customers

The cash discounts have helped developers to some extent in selling their inventories during this COVID-19 period and they are likely to continue with such offers in the upcoming festive season,

Sep 09, 2020, 23:04 PM IST
Amrapali Group case: SC directs Mahagun Real Estate to deposit Rs 240 cr by March 2021

Amrapali Group case: SC directs Mahagun Real Estate to deposit Rs 240 cr by March 2021

A bench of Justices U U Lalit and Ashok Bhushan said that the realty firm will deposit Rs 35 crore by October 31, Rs 65 crore by December 31, and Rs 140 crore along with interest of 9.25 percent by

Sep 07, 2020, 20:52 PM IST
Start funding six stalled projects of Amrapali group: SC asks SBICAP Ventures

Start funding six stalled projects of Amrapali group: SC asks SBICAP Ventures

The Supreme Court asked the Centre to consider as a special case and provide remaining money for the construction of other stalled projects from the stress funds created for the real estate sector.

Aug 28, 2020, 00:59 AM IST
Amrapali case: Supreme Court seeks Enforcement Directorate reply for attaching JP Morgan assets worth Rs 187 crore

Amrapali case: Supreme Court seeks Enforcement Directorate reply for attaching JP Morgan assets worth Rs 187 crore

The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in siphoning of

May 28, 2020, 01:26 AM IST
Realtors want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring

Realtors want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring

The industry hailed the extension in the moratorium on loan repayment but felt it was not enough.

May 22, 2020, 16:56 PM IST
Real estate developers get relief; RERA deadline for completion of projects extended by 6 months

Real estate developers get relief; RERA deadline for completion of projects extended by 6 months

The real estate industry has been demanding that the deadline for completion of projects should be extended by at least six months as construction work came to a halt due to lockdown.

May 13, 2020, 19:43 PM IST
Housing prices dip 2-9% across 8 major cities in April: Report

Housing prices dip 2-9% across 8 major cities in April: Report

The decrease has been recorded against the price levels of the previous month.

May 05, 2020, 18:17 PM IST
Godrej Properties fined Rs 30 lakh for flouting MahaRERA rules

Godrej Properties fined Rs 30 lakh for flouting MahaRERA rules

Godrej properties has been fined Rs 30 lakh for publishing advertisement related to project work without prior registration of the project with RERA.

Sep 10, 2019, 10:57 AM IST
At Rs 56,200 per sq ft, Mumbai's Tardeo most expensive luxury residential location in India: Report

At Rs 56,200 per sq ft, Mumbai's Tardeo most expensive luxury residential location in India: Report

In NCR, Karol Bagh comes in 6th and Golf Couse Road ranks 9th on the list of most expensive luxury residential destinations, with an average price of Rs 13,500 per sq ft and Rs 12,500 per sq ft

Sep 09, 2019, 17:14 PM IST
NBCC agrees to submit revised plan on Jaypee project

NBCC agrees to submit revised plan on Jaypee project

The top court directed NBCC to submit the salient features of the revised plan in a sealed cover at the next date of hearing.

Sep 06, 2019, 13:28 PM IST
Vienna most liveable city, New Delhi drops to 118th spot

Vienna most liveable city, New Delhi drops to 118th spot

According to the annual index compiled by the Economist Intelligence Unit (EIU), the Austrian capital is the most liveable city in the world.

Sep 05, 2019, 12:40 PM IST
Jaypee Group asks SC to let it revive Jaypee Infra

Jaypee Group asks SC to let it revive Jaypee Infra

The Supreme Court asked the National Buildings Construction Corporation's (NBCC) whether it was willing to give a revised proposal to complete the stalled projects of Jaypee Group.

Sep 04, 2019, 10:59 AM IST
Government likely to announce major sops to boost languishing real estate sector: Sources

Government likely to announce major sops to boost languishing real estate sector: Sources

According to the sources, a fund of Rs 8000 crore might be announced for stalled real estate projects.

Sep 03, 2019, 13:58 PM IST
SC orders release of Rs 7.16 crore to NBCC for completion of pending Amrapali projects

SC orders release of Rs 7.16 crore to NBCC for completion of pending Amrapali projects

SC has also ordered the that the report of the forensic audit be submitted to the ED, Delhi Police and ICAI so that strict action can be initiated against Amrapali group directors and its auditors.

Aug 26, 2019, 13:07 PM IST
SC extends status quo on Jaypee insolvency resolution

SC extends status quo on Jaypee insolvency resolution

On August 2, the Supreme Court ordered status quo for two weeks on Jaypee Group's plea against NCLAT's order after it was informed that Parliament had passed the proposed amendments in the Insolvency

Aug 23, 2019, 09:54 AM IST
Relief for Amrapali Sapphire flat buyers, Noida authority begins registration process

Relief for Amrapali Sapphire flat buyers, Noida authority begins registration process

Supreme Court appointed receiver R Venkatramani along with the Amrapali Sapphire homebuyers and Noida authority will formulate a tripartite lease deed.

Aug 21, 2019, 13:40 PM IST