Property

May 16, 2013 18:26 (IST)

Realty firm Puravankara Projects today said it will issue up to 2.15 crore equity shares, worth about Rs 210 crore, to institutional investors.

May 12, 2013 16:16 (IST)

Home prices may have been on an upward spiral for many years, but the cost of owning a house in India remains near the most affordable level in over three decades, shows data compiled by mortgage giant HDFC Ltd.

May 12, 2013 15:48 (IST)

Realty major DLF has sold 32 acre of land in Hyderabad for about Rs 650 crore to Suvarnabhoomi Developers as part of its strategy to exit from the non-core assets and reduce debt.

Mumbai | April 24, 2013 00:59 (IST)

Tata Housing, which adopted the initial public offering strategy to sell apartments, said it has received subscription worth Rs 450 crore in a single day for its newly launched project in Gurgaon.

April 10, 2013 18:43 (IST)

Owning a beach house, however, requires deep pockets not just because of the rising prices of beachside properties, but also because it involves large maintenance costs. But if sun, surf and sand are what you desire, there's no looking further.

April 06, 2013 20:24 (IST)

Home buyers are always looking for the best deal they can find with the available resources and time. Now, more than ever, real estate prices are subdued and buyers are active in the market.

Reported By: Varun Sinha | April 05, 2013 08:19 (IST)

Home sales rose across most major markets in the country between January and March 2013 compared to last quarter of 2012, thanks to new project launches at attractive prices and the discount schemes on offer. Expectations of further rate cuts on home loans and the impending revival of the economy is likely to further fuel demand for new homes.

April 04, 2013 22:28 (IST)

New launches and discounts offered by real estate developers have resulted in pick-up of sales volumes across cities during January-March, a report by US financial major Merrill Lynch said.

April 01, 2013 17:21 (IST)

Advertisers in Mumbai are using every space available to promote their products. The onslaught of advertisements has in fact reached our doorsteps. If newspapers filled with property classifieds, radio stations playing property ads on the loop, and giant pop-ups of real estate ads on websites was not enough, now we also have hoardings on the roofs of housing societies -- a trend that has been seen in the West like the United States.

March 29, 2013 13:30 (IST)

Noida has emerged as a major destination for home buyers over the last few years. Noida and Greater Noida, along with Yamuna Expressway and Noida Extension, provide affordable alternatives to middle class buyers in the national capital region. Average home prices in these regions are significantly lower than in Gurgaon, which is associated with high-end apartments.

March 15, 2013 19:57 (IST)

Mumbai is the 16th most expensive city in the world in terms of owning a prime residential property with a price tag of around Rs 57,000 per sq ft, real estate consultancy Knight Frank has said in a report.

Kolkata | March 06, 2013 19:34 (IST)

Godrej Properties will develop 82 million sq ft across the country, out of which 6.5 million sq ft will be in Kolkata, MD and CEO of the company Pirojsha Godrej said.

New Delhi | February 28, 2013 20:01 (IST)

Finance Minister P Chidambaram today announced a Rs 2,000 crore urban housing fund, while making luxury homes costlier by cutting abatement on service tax on a flat with a floor area of over 2,000 sq ft, or prices exceeding Rs 1 crore.

New Delhi | February 25, 2013 17:18 (IST)

Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 per cent during October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB).

February 19, 2013 14:41 (IST)

Bogged down by sluggish demand for the past two years, the realty sector has been clamouring for incentives, such as the introduction of slab-wise taxation, for home buyers in this year's Union Budget.

Mumbai | February 18, 2013 17:51 (IST)

Shares of realty major DLF today gained over 5 per cent after the company said it expects to lower net debt to Rs 19,000 crore by the end of this fiscal.

February 16, 2013 17:36 (IST)

Steps should be taken to institutionalize Indias real estate sector through widening the funding options to achieve quicker financing for real estate projects and give investors an alternate source of investment. Here are some steps in this direction:

Mumbai | February 14, 2013 23:10 (IST)

DLF Ltd, India's largest listed real estate developer, reported a 10.5 per cent rise in quarterly net profit, helped by a one-time gain from the sale of non-core assets during the quarter ended December 31.

February 02, 2013 10:09 (IST)

While buying a house, we tend to focus on location, social infrastructure, layout and designer features, but often miss a critical aspect safety features, which, in times of natural or manmade calamities, could be life-changing.

February 01, 2013 09:43 (IST)

The Bruhat Bengaluru Mahanagara Palike, or BBMP, is likely to hike property tax rates to drum up its tax collections for the current fiscal year, and hopes to mop up Rs 880 crore of its total expected collection of Rs 2,000 crore from this avenue.