September 26, 2014 18:46 (IST)
The Securities and Exchange Board of India (Sebi) on Friday notified the final rules for setting up of real estate investment trusts (REITs) and infrastructure investment trusts.
Written By: Varun Sinha | September 23, 2014 10:40 (IST)
Circle rates, introduced in 2007, are revised periodically. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent.
September 22, 2014 09:45 (IST)
The DDA has authorised 13 banks to sell application forms for its residential scheme. These banks are State Bank of India, Punjab National Bank, Syndicate Bank, Union Bank of India, IDBI Bank, Corporation Bank, Central Bank of India, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, ICICI Bank, Yes Bank and HDFC Bank. Most of these lenders have come out with attracting finance schemes.
September 19, 2014 23:43 (IST)
Real Estate Investment Trusts (REITs) could be a game changer for the realty sector, but lack of clarity on taxation and regulatory aspects might act as roadblocks for attracting foreign investments in the commercial space, according to a report.
September 19, 2014 18:38 (IST)
Infosys, India's second largest software services firm, has signed a contract with commercial real estate developer Skanska Property for leasing its office space for 10 years, the biggest such transaction in Poland so far this year.
September 19, 2014 15:31 (IST)
Indians constitute a dominating group while buying real estate in Dubai, having invested nearly 10.5 billion UAE dirhams (Rs 17,377 crore at 1 UAE dirham = 16.55 rupees) in the first half of this year, according to a report.
September 19, 2014 14:25 (IST)
To help attract greater foreign and domestic investments into real estate, the Securities and Exchange Board of India (Sebi) on Friday said it will soon notify norms for creation and listing of business trusts for this key sector.
September 16, 2014 17:58 (IST)
Efforts being taken by the Narendra Modi government to boost the real estate sector are in the right direction, a senior official of Crisil Ratings said.
September 16, 2014 10:15 (IST)
Traders cited easing inflation data and short term underperformance as key reasons for the surge.
September 14, 2014 12:18 (IST)
Gurgaon's housing market has an unsold inventory of nearly 19 million square feet, 28 per cent of the total area under development, due to a slowdown in demand and a surge in supply, rating agency Icra has said.
September 12, 2014 22:32 (IST)
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs (non-resident Indians) with Bangalore turning out to be a favourite, according to a survey by industry body Assocham.
September 10, 2014 22:48 (IST)
Non-banking lender Bajaj Finance on Wednesday said its board has given approval for the launch of a dedicated housing finance subsidiary.
New Delhi | September 09, 2014 15:55 (IST)
With rising rents in prime markets where MNCs operate, the consultant said that there is cost benefit in the long term in buying office spaces rather taking on lease.
September 05, 2014 16:08 (IST)
The Indian real estate market witnessed a significant change in the last decade mainly due to opening up of foreign direct investment (FDI) in the sector and a shift in preference to high-rises over traditional low-rise structures, according to a report by property consultant CBRE.
September 03, 2014 15:59 (IST)
DDA's website had crashed repeatedly due to after a massive response to its housing scheme. Now the online forms would be available on the sites of the authorised banks, DDA said.
September 02, 2014 23:03 (IST)
The Delhi Development Authority (DDA) is working on providing mobile phone-based services including an online public grievance cell, a senior official from the agency said on Tuesday.
September 02, 2014 22:07 (IST)
Lt Governor Najeeb Jung on Tuesday gave a deadline of two weeks to the Delhi Development Authority (DDA) to finalise a restructuring plan to bring transparency, efficiency and accountability in the organisation.
September 02, 2014 16:36 (IST)
Real estate firm Unitech has said it will sell non-core land parcels to reduce debt by 15-20 per cent and improve cash-flows for faster execution of ongoing projects.
September 02, 2014 11:37 (IST)
The Delhi Development Authority (DDA) sold nearly 30,000 application forms on Monday, the first day of its biggest residential scheme for sale of 25,034 flats in the capital.
September 01, 2014 12:41 (IST)
The Delhi Development Authority has launched its much-awaited housing scheme for 25,034 flats. More than 90 per cent of flats are one-bed room apartments located mainly across Rohini, Dwarka and Narela. The costliest flat at Rs 1.21 crore is a three bedroom apartment located in Motia Khan in central Delhi.