December 17, 2014 22:00 (IST)
The Cabinet on Wednesday deferred a decision on setting up a regulator for the real estate sector.
December 16, 2014 23:56 (IST)
The Delhi Development Authority (DDA) said on Tuesday that it would refund the deposited money of unsuccessful applicants in its 'Housing Scheme 2014' by December 24.
December 15, 2014 21:02 (IST)
KEC International on Monday said it has completed a deal to sell a 7.3 acre land parcel near Mumbai to realty firm Tata Housing for Rs 212.35 crore.
December 13, 2014 13:17 (IST)
The Delhi Development Authority on Saturday approved a proposal for incentivizing green buildings and formulating regulatory mechanism to monitor construction, operation and maintenance of rainwater harvesting structures of buildings and campuses.
December 11, 2014 13:22 (IST)
Puravankara Projects and its subsidiary Provident Housing are participating in the three-day Google shopping festival, that started on Wednesday, and have offered about 200 housing units spread over 12-13 projects in Bangalore, Chennai, Coimbatore and Kochi.
December 10, 2014 16:37 (IST)
The Reserve Bank of India (RBI) would shortly come out with guidelines on refinance of existing projects as demanded by the industry, Deputy Governor S S Mundra said on Wednesday.
December 09, 2014 22:09 (IST)
Aiming to tap the e-commerce market, Tata Housing will sell a luxury residential project, being developed in Bangalore at a cost of Rs 150 crore, exclusively during Google's online shopping festival starting Wednesday.
December 04, 2014 22:02 (IST)
According to property consultant CBRE, institutional investors pumped in $4.5 billion into India's realty sector during the first nine months of 2014, an indication of improved investor sentiment after the formation of a new government at the Centre.
December 04, 2014 15:22 (IST)
The housing authority, however, said it would not delay the process of final allotment which is slated to start in the second week of this month, when DDA will hold a camp for the successful applicants.
December 03, 2014 17:33 (IST)
India has eased foreign direct investment rules for the construction sector, the government said in a statement on Wednesday, in a move to attract more money into the country to build new hotels, housing and townships.
December 03, 2014 14:50 (IST)
The Delhi Development Authority is making efforts to refund within one month security deposits to the unsuccessful applicants of the Housing Scheme 2014, in which draw of lots had taken place on November 25.
December 02, 2014 20:24 (IST)
Disappointed with the Reserve Bank's decision to keep interest rates unchanged, real estate players on Tuesday said housing demand is likely to remain weak in the near term and sought the government's help to facilitate low-costing funding for buyers and developers.
December 01, 2014 14:08 (IST)
Ahmedabad witnessed the maximum surge in office space absorption as the city reported more than three-fold jump in leasing at 11,39,100 sq ft of area during January-September 2014 as against 3,56,590 sq ft in the same period last year, according to property consultant Cushman & Wakefield.
Written By: Devika Singh | November 29, 2014 15:31 (IST)
According to a report by personal finance portal Arthyantra, property prices in Mumbai have gone up by as much as 50 per cent over the last three years. That means it will take a mid-income professional (with a salary of Rs 8 lakh) 13 years to accumulate enough money for paying the down payment for buying a property in Mumbai, the report says.
November 28, 2014 16:38 (IST)
DLF had moved the Supreme Court last week expressing difficulty in meeting the November 26 deadline to pay the Rs 630-crore fine.
November 28, 2014 12:41 (IST)
The project, on which construction has already commenced, will offer 6 lakh sqft of saleable development area.
November 26, 2014 23:41 (IST)
The real estate industry on Wednesday hailed increase in floor area ratio (FAR) and ground coverage for plots in Delhi, saying the move would allow more built-up area on bigger land parcels, but felt that housing supply would not be boosted till height and density norms are eased.
November 24, 2014 21:05 (IST)
He said the government is moving towards reduction in the interest rates, which are difficult to manage currently.
November 24, 2014 18:47 (IST)
The process of draw, which will start at 11.30 a.m. will be completed in less than two hours, DDA's official spokesperson said, adding that the randomisation of data in the system would begin around 9 AM.
November 21, 2014 21:56 (IST)
It would develop nearly 2,000 flats in the 12-acre housing project and this would be under the Haryana government policy on affordable housing announced in August 2013.