real estate

Indiabulls Real Estate to seek shareholders nod to raise funds

Indiabulls Real Estate will seek shareholders' nod to raise a total of Rs 538 crore from promoters, including convertible warrants worth Rs 290 crore.

Jun 21, 2015, 22:06 PM IST

Maharashtra to appoint housing regulatory body for home buyers

Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President.

Jun 16, 2015, 10:24 AM IST

Investor interest high in REITs but tax hurdles persist: ICRA

Even as the government's policy measures have bolstered investor interest in real estate investment trusts (REITs), lack of clarity on the tax structure remains a matter of concern, ICRA said Tuesday.

Jun 09, 2015, 20:50 PM IST

Housing sales improving; full recovery in next fiscal: CREDAI

Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said Wednesday.

Jun 03, 2015, 22:47 PM IST

New cities necessary for development of country: Jaitley

Finance Minister Arun Jaitley on Saturday underlined the need to build new cities for turning India into a developed country.

May 30, 2015, 21:27 PM IST

Casa Grande eyes Rs 100 cr revenue from facility management service

Real estate developer Casa Grande has forayed into the facility management space under the new subsidiary Casa Grande Prop Care, offering various services including engineering and safety services.

May 30, 2015, 18:54 PM IST

Housing.Com acquires Realty BI for $2-4 mn

Real estate portal Housing.Com has acquired city-based start-up Realty Business Intelligence for an estimated USD 2-4 million deal (Rs 12-24 crore).

May 27, 2015, 23:21 PM IST

ASK exits Rajesh Lifespaces' realty project for Rs 125 cr

The group has chalked out detailed plans of exits from other investments over the next 6-12 months with targeted returns for its investors.

May 26, 2015, 17:45 PM IST

CCI rejects complaint against Bombay Dyeing, CREDAI

After looking into the matter, the Competition Commission of India (CCI) has ruled that these entities did not violate competition norms.

May 22, 2015, 17:24 PM IST

Housing.Com eyes international foray

Property portal Housing.Com is eyeing international realty market for expanding business and is looking at regions like South East Asia and Middle East, a top company official said.

May 20, 2015, 17:49 PM IST

NAREDCO delegation meets FM; seeks package for realty sector

A delegation of realtors' body NAREDCO Tuesday met Finance Minister Arun Jaitley to demand a special package to revive realty sector which include interest subvention on home loans and tax concessions on affordable housing projects.

May 19, 2015, 22:09 PM IST

CHD Developers to invest Rs 350cr in new project in Gurgaon

Realty firm CHD Developers Ltd Monday said it will invest about Rs 350 crore over the next four years to develop a housing project in Gurgaon.

May 18, 2015, 18:33 PM IST

Realty players hail Bill to curb benami transactions

Real estate industry Thursday hailed the Centre's decision to bring in a law to check `benami' transactions, saying this will ensure transparency in the sector and also related fields.

May 14, 2015, 23:17 PM IST

State-run builder NBCC eyes India's land bank to boost orders

NBCC is betting on the redevelopment of mn of square feet of vacant government property aiming to grow by 25%.

May 14, 2015, 14:14 PM IST

Tata Housing to invest Rs 600 crore on new Bahadurgarh project

At present, Tata Housing is developing three projects in Gurgaon.

May 08, 2015, 19:12 PM IST

Bengaluru top real estate destination; NCR cities at bottom

Bengaluru is at the top position in the list of 14 best real estate destinations in the country for housing segment while the cities in the national capital region are at the bottom, a study has said.

May 07, 2015, 18:48 PM IST

Housing.Com CEO Rahul Yadav apologises, withdraws resignation

Rahul Yadav, the CEO of realty portal Housing.Com, Tuesday withdrew his resignation and apologised for reportedly calling fellow board members and investors intellectually incapable of any sensible discussion.

May 05, 2015, 19:28 PM IST

Court drops proceedings against MD of Emaar MGF in IT case

A court Tuesday dropped the proceedings against Managing Director of real estate major Emaar MGF Shravan Gupta after he informed it that the Delhi High court has quashed summons issued against him in a case filed by the Income Tax (IT) department for allegedly not furnishing details of his bank accounts.

May 05, 2015, 18:06 PM IST

Opposition forces deferment of Real Estate Bill in Rajya Sabha

Opposition on Tuesday forced deferment of Real Estate Bill in Rajya Sabha, insisting on referring it to Select Committee of Parliament.

May 05, 2015, 14:31 PM IST

Rajya Sabha likely to witness heated debate over Real Estate bill

Rajya Sabha is likely to witness a tug of war between Government and Opposition over real estate bill, which is listed for consideration and passage on Tuesday as main Opposition party Congress has upped the ante over it after Rahul Gandhi's Saturday meeting with home buyers.

May 04, 2015, 18:43 PM IST