October 30, 2014 16:25 (IST)
Shares in realty and construction companies jumped on Thursday, a day after the government relaxed rules for foreign direct investment in construction development. The new rules make it easier for foreign companies to invest in India and many projects will now qualify for FDI through automatic route (no FIPB clearance will be required), analysts say.
October 30, 2014 02:00 (IST)
India's real estate industry hailed the government's decision to relax FDI rules in construction sector, saying the move would help cash-starved developers raise significant amount of foreign funds and also complete the stuck projects.
October 29, 2014 21:46 (IST)
The government on Wednesday relaxed rules for foreign direct investment (FDI) in construction development, aiming to make it easier for overseas capital to invest in building in Asia's third-largest economy.
October 29, 2014 20:33 (IST)
Continuing with its reforms agenda, the Narendra Modi government on Wednesday eased foreign direct investment (FDI) norms in construction, to encourage foreign investment in the real estate sector.
October 24, 2014 12:53 (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.
October 20, 2014 15:39 (IST)
In the largest office leasing deal, homegrown e-commerce giant Flipkart on Saturday agreed to take 3 million square feet of prime office space in Bangalore from realty firm Embassy group at an annual rent of Rs 300 crore.
October 19, 2014 22:26 (IST)
Tax incentives are key to the success of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), a senior Securities and Exchange Board of India official has said.
October 19, 2014 18:57 (IST)
As many as 8.5 lakh applications have been received by the Delhi Development Authority (DDA) for its flagship 'Housing Scheme 2014', with the housing authority on Sunday attributing the "not-so-overwhelming" response to the five-year lock-in period imposed on the ownership of the flats.
October 15, 2014 21:49 (IST)
Terming the recent action by the Securities and Exchange Board of India action against DLF Ltd as "harsh", the Associated Chambers of Commerce and Industry (Assocham) on Wednesday questioned the role of merchant bankers, advisors and other intermediaries involved in a public offer process and said "regulatory activism" should not hamper business environment.
October 14, 2014 23:29 (IST)
Real estate-led the per capita wealth creation of the country's adult population which has grown at 8 per cent per annum in the past 14 years to $4,650 (Rs 2,83,650 approximately) in mid-2014, according to a report by Credit Suisse.
October 13, 2014 19:10 (IST)
Tata Value Homes, a wholly-owned subsidiary of Tata Housing, on Monday launched an exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore revenue by financial year 2015-16.
October 13, 2014 18:07 (IST)
In a major blow to DLF Ltd, the Securities and Exchange Board of India (Sebi) has barred the realty major as well as its six top executives including chairman and main promoter K P Singh from the capital market for 3 years for "active and deliberate suppression" of material information at the time of its IPO in 2007.
October 11, 2014 21:29 (IST)
The Delhi High Court has sought a response from the Competition Commission of India (CCI) on a plea by the Delhi Development Authority (DDA) seeking a stay on the probe against its officials in connection with delay in handing over of a flat to an allotee under its 2010 housing scheme.
October 11, 2014 11:43 (IST)
The Delhi Development Authority (DDA) has so far issued 2,000 conveyance deeds within the time fixed for the same under the Citizen Charter as part of its drive for people to get their properties converted from leasehold to freehold.
October 08, 2014 17:54 (IST)
After receiving an overwhelming response to its new housing scheme and due to the intervening festive season, the Delhi Development Authority (DDA) has extended the last date of submission of the application form to October 15, a senior official of the housing authority said on Wednesday.
October 06, 2014 09:59 (IST)
The study by The Boston Consulting Group and totaljobs.com found respondents from 189 countries ranked London above New York and Paris, while Britain was second behind the United States as the most appealing country for international jobseekers.
October 01, 2014 14:45 (IST)
Skyscrapers are shooting up all over London, transforming a skyline once dominated by Big Ben and St Paul's Cathedral.
September 30, 2014 22:29 (IST)
The Confederation of Real Estate Developers Associations of India (CREDAI), the apex body of realtors in the country, expressed disappointment on Tuesday over the Reserve Banks policy to keep key rates unchanged as it sought a cut in interest rates to boost housing demand.
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.