Press Trust of India | Last Updated: July 21, 2016 19:23 (IST)
Over 40 per cent of the houses allotted by the DDA under its Housing Scheme 2014 have been surrendered or cancelled with some allottees complaining about the size of the flats and locality, the government on Thursday said.
Press Trust of India | Last Updated: July 20, 2016 15:37 (IST)
Realty major DLF on Wednesday announced restructuring of its joint venture with global investment firm Blackstone-managed Ridgewood Holdings that had invested Rs 1,481 crore in seven housing projects in 2007.
Press Trust of India | Last Updated: July 19, 2016 22:12 (IST)
The Supreme Court on Tuesday directed estate major Supertech to deposit Rs five crore in its Registry as part of a refund to homebuyers for a project in Noida.
Press Trust of India | Last Updated: July 17, 2016 18:52 (IST)
Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore.
Thomson Reuters | Last Updated: July 13, 2016 11:26 (IST)
E-commerce in India has been booming and online giants like Amazon are spending big bucks on the world's fastest growing major economy. Yet some investors are pouring money into retail mainstays of a bygone era - shopping malls.
Press Trust of India | Last Updated: July 12, 2016 18:44 (IST)
Office space absorption rose 46 per cent to over 10.2 million square feet in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE.
Press Trust of India | Last Updated: July 08, 2016 17:10 (IST)
Hyderabad saw a maximum increase of 55 per cent in net office space absorption in the January-June period among eight top cities on improving business climate in the city, according to realty consultant Cushman & Wakefield.
Press Trust of India | Last Updated: July 07, 2016 18:44 (IST)
Affordability concerns are likely to dominate the Indian housing sector while prices may face downward pressure despite lower interest rates and aggressive retail lending push by banks, says a Nomura report.
Press Trust of India | Last Updated: July 06, 2016 20:55 (IST)
The Competition Commission of India has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market.
Press Trust of India | Last Updated: July 04, 2016 20:35 (IST)
Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla Group firm UltraTech to Rs 16,189 crore.
Press Trust of India | Last Updated: July 04, 2016 20:26 (IST)
Showing signs of revival, housing sales rose by 7 per cent in India's eight major cities at 1.35 lakh units during January-June period of this year, leading to a decline in unsold inventories, according to real estate consultant Knight Frank India.
Agence France-Presse | Last Updated: July 02, 2016 14:29 (IST)
After a slump in 2008 during the global financial crisis, the sector recovered, first tentatively and then at full pelt, with average prices this year reaching 54 per cent higher than their pre-crisis peak.
Press Trust of India | Last Updated: July 01, 2016 18:51 (IST)
The Supreme Court on Friday directed real estate major Unitech Ltd to deposit an amount of Rs 5 crore in its Registry for failing to hand over apartments in Noida area in the national capital region to consumers which was to be given three years ago.
Press Trust of India | Last Updated: June 30, 2016 19:43 (IST)
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.
Written by Renu Yadav | Last Updated: June 30, 2016 10:35 (IST)
If you have bought a property worth Rs 50 lakh or more, according to income tax rules you are liable to deduct a tax at source, or TDS, at the rate of 1 per cent from the payment to the seller.
Press Trust of India | Last Updated: June 29, 2016 23:23 (IST)
Real estate industry bodies on Wednesday said housing sales are expected to improve following implementation of Seventh Pay Commission recommendations as prices have fallen in last few years because of a slowdown in the property market.
Press Trust of India | Last Updated: June 28, 2016 23:36 (IST)
A rise in home prices "moderated significantly" in 2015-16 and there is no threat of any systemic risk from the housing sector with the gross non-performing assets (NPAs) amongst retail loans being contained, the Reserve Bank of India (RBI) said on Tuesday.
Indo-Asian News Service | Last Updated: June 28, 2016 10:19 (IST)
The Haryana government on Monday announced its decision to reduce collector rates of immovable property in Gurgaon district by 15 percent, an official said.