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  • New home launches fall by one-third in Delhi NCR: Cushman & Wakefield

    New home launches fall by one-third in Delhi NCR: Cushman & Wakefield

    National capital region (NCR) saw a decline of 33 per cent in new launches this year at 38,411 units compared with 57,098 flats in the year-ago period.

  • Supreme Court sets aside High Court order on flat owners' right on 'common areas'

    Supreme Court sets aside High Court order on flat owners' right on 'common areas'

    The High Court had asked the competent authority to decide the objections of the owners the Silver Oaks Apartments at Gurgaon to the declaration filed by DLF Ltd by which they were deprived of their rights.

  • Beijing divorces soar over property tax

    Beijing divorces soar over property tax

    Nearly 40,000 couples divorced in the Chinese capital in the first nine months of this year, up 41 per cent on the same period in 2012, the Beijing Youth Daily said, citing official figures.

  • RBI's new home loan norms will push property prices higher: DLF

    RBI's new home loan norms will push property prices higher: DLF

    The central bank on Tuesday said upfront disbursal of lump sum loans should not be made in case of incomplete or housing projects under construction. It also asked lenders to stop "innovative housing loan schemes," popularly known as 80:20 and 75:25 schemes.

  • Rupee depreciation may boost NRI investments in realty sector

    Rupee depreciation may boost NRI investments in realty sector

    According to real estate consultancy firm Cushman & Wakefield, the depreciation in rupee provides a psychological boost to both non-resident Indians as well as developers.

  • Real Estate Bill seeks to protect middle class interests: Ajay Maken

    Real Estate Bill seeks to protect middle class interests: Ajay Maken

    The government will introduce the Real Estate (Regulation and Development) Bill in the next session of Parliament, Minister for Housing & Urban Poverty Alleviation Ajay Maken said on Wednesday. Parliament is likely to meet for its Monsoon Session in July.

  • Puravankara to sell upto 2.15 crore shares via IPP route

    Puravankara to sell upto 2.15 crore shares via IPP route

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

  • Home prices near most-affordable levels in over 30 years: HDFC

    Home prices near most-affordable levels in over 30 years: HDFC

    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.

  • DLF sells 32-acre plot in Hyderabad for about Rs 650 crore

    DLF sells 32-acre plot in Hyderabad for about Rs 650 crore

    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.

  • Tata Housing project gets bookings worth Rs 450 crore in 1 day

    Tata Housing project gets bookings worth Rs 450 crore in 1 day

    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.

  • Sun, surf and sand: Nothing fishy about beach houses

    Sun, surf and sand: Nothing fishy about beach houses

    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.

  • Which house to buy, under-construction or ready-to-move?

    Which house to buy, under-construction or ready-to-move?

    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.

  • Why Gurgaon is a better property destination than Noida

    Why Gurgaon is a better property destination than Noida

    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.

  • Realty: New launches, discounts boosted sales in January-March

    Realty: New launches, discounts boosted sales in January-March

    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.

  • The writing on the wall is a property ad

    The writing on the wall is a property ad

    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.

  • Buying a house in Noida? 5 tips that can help you

    Buying a house in Noida? 5 tips that can help you

    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.

  • Mumbai 16th costliest global city for luxury homes: Report

    Mumbai 16th costliest global city for luxury homes: Report

    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.

  • Godrej Properties to build complexes countrywide on 82 million square feet of land

    Godrej Properties to build complexes countrywide on 82 million square feet of land

    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.

  • Budget 2013 proposes urban housing fund; luxury homes to cost more

    Budget 2013 proposes urban housing fund; luxury homes to cost more

    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.

  • Housing prices rise by up to 9.6 per cent in 18 major cities: NHB

    Housing prices rise by up to 9.6 per cent in 18 major cities: NHB

    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).

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