August 30, 2014 11:45 (IST)
When the stakes are so high, it is bound to affect us, we do get nervous, but also excited at the same time because buying a home is a big achievement too.
August 30, 2014 11:42 (IST)
Residential property sales in India have remained sluggish over the past year amid slowing economic growth, high interest rates and high inflation, among others. But analysts see sales volume picking up in the second half of this year (July-December).
Written By: Varun Sinha | August 29, 2014 16:00 (IST)
DDA flats have been massively popular because they are seen as an overnight ticket to prosperity. Consider this, a 2 bedroom, hall, kitchen (BHK) DDA flat that will go on sale next week in Dwarka and is priced between Rs 41 lakh to Rs 70 lakh (depending on the area). The market rate for such a flat is between Rs 70 lakh to Rs 1.2 crore, brokers say.
August 27, 2014 19:20 (IST)
DLF, India's largest realty firm, on Wednesday stated it will comply with the direction of the Supreme Court to deposit a penalty of Rs 630 crore imposed by the Competition Commission of India (CCI) and said it remained confident about the merits of its case.
August 26, 2014 16:46 (IST)
Knight Frank said the average housing prices in Delhi-NCR rose by 5 per cent during the first half of 2014 at Rs 4,400 per sq ft and expects rates to increase further by 2 per cent in H2 2014 in view of the recovery in sales volume.
August 25, 2014 16:00 (IST)
The report analyses the performance of the residential segment of seven major cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad -- to rank the average capital value appreciation.
August 22, 2014 21:31 (IST)
The DDA on Friday announced its much-awaited 'Housing Scheme 2014' - offering over 25,000 flats across various categories while scrapping the proposed plan to reserve 80 per cent flats for the city-dwellers in it.
August 20, 2014 19:03 (IST)
The RBI will also periodically review the definition of affordable housing to account for inflation, Mr Gandhi said in his address at an industry event.
Mumbai | August 20, 2014 19:01 (IST)
He said DLF will look at selling some of its non-core assets, but it won't be as aggressive as it was earlier.
August 19, 2014 21:42 (IST)
Mall vacancy levels across top eight cities in the country have marginally declined to 14.47 per cent of total space available in the quarter ended June 2014, according to a report by global property consultant Cushman & Wakefield.
August 13, 2014 12:06 (IST)
Mr Trump has entered into a licensing pact with Lodha for Trump Tower in Mumbai, a luxury residential tower that will offer its residents indoor jacuzzi tubs and world-class concierge services. He is yet to make an equity investment in the country.
August 11, 2014 19:43 (IST)
With the Securities and Exchange Board of India (Sebi) clearing the final guidelines for creation of real estate investment trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years, according to industry experts.
August 11, 2014 19:08 (IST)
Property brokerage firm BOP India on Monday said it has bought 4.67 acres of land from Jaypee group in Noida and another 7.5 acres from DLF in Lucknow for a total sum of about Rs 450 crore to develop projects.
August 11, 2014 13:18 (IST)
Now, small investors can earn rental income from commercial properties like office space and malls. Bangalore, the IT capital of India, is expected to see the most action after the Securities and Exchange Board of India (Sebi) approved the setting up of real estate investment trusts (REITs), a move that may offer a new source of financing to India's cash-strapped property developers.
August 11, 2014 09:38 (IST)
REITs are listed entities that mainly invest in income-generating real estate assets, the earnings of which are mostly distributed to their shareholders. They generally get special tax treatment.
August 10, 2014 20:18 (IST)
Having cleared a long-pending industry demand for creation of real estate investment trusts (REITs), the Securities and Exchange Board of India (Sebi) on Sunday said that the new norms would help entities with at least Rs 2 lakh investment to earn from completed realty projects.
August 10, 2014 20:18 (IST)
Prime Minister Narendra Modi's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".
August 10, 2014 16:21 (IST)
New norms for setting up of real estate and infrastructure investment trusts will help attract more foreign investors to these key sectors and facilitate inflows worth $15-20 billion from domestic and overseas sources, according to industry experts and officials.
August 10, 2014 12:58 (IST)
The Securities and Exchange Board of India (Sebi) on Sunday approved setting up of real estate investment trusts (REITs), a move that may offer a new source of financing to the country's cash-strapped property developers.
August 08, 2014 22:21 (IST)
The Reserve Bank of India (RBI) on Friday revised guidelines for mortgage guarantee companies and said that guarantees provided by them may be treated as contingent liabilities, for which credit conversion factor would be 50 per cent.