real estate

Indiabulls Real Estate buys 13,519 sq meter land in Gurugram

Indiabulls Real Estate has acquired a 13,519 square meter land in Gurugram for an undisclosed amount to a develop commercial complex on the plot.

Sep 11, 2017, 23:19 PM IST

India among top 10 price appreciating housing markets: Report

According to Knight Frank's Frank Global House Price Index, India stood ninth among 55 international markets - 13 spots above its position on the index over April-June 2016.

Sep 07, 2017, 19:57 PM IST

62% of new launches in H1 2017 in affordable housing segment: Report

As many as 62 percent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed.

Sep 07, 2017, 16:33 PM IST

SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.

Sep 04, 2017, 13:42 PM IST

Panacea promoters may demerge real estate biz into separate companies

Drug firm Panacea Biotec Wednesday said its promoters have entered into a family agreement under which they plan to demerge the company's real estate business into a separate firm to be later listed on bourses.

Aug 30, 2017, 16:34 PM IST

ANAROCK Property acquires realty consulting firm Redwoods

ANAROCK Property Consultants has acquired real estate broking firm LJ Hooker's India business Redwoods as part of its strategy to provide integrated real estate solutions to clients.
The size of the deal is however not known.

Aug 30, 2017, 15:42 PM IST

Real estate may turn around in India in 2017: Report

The price increment in the lower-mid and affordable segments, which comprise 65 percent of these localities, signals the return of consumer interests and transactional activity.

Aug 23, 2017, 18:42 PM IST

SC to hear plea of 32,000 Jaypee flat buyers tomorrow

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud said it will hear the plea of flat-buyers who alleged that they will neither get a home nor a refund of their hard earned money on account of being "unsecured creditors".

Aug 23, 2017, 12:27 PM IST

Will sell my own house, pay everybody: Unitech MD Sanjay Chandra tells SC

The Supreme Court on Wednesday directed Delhi Police to furnish details of the number of flat buyers of Unitech`s project in Gurugram who had approached it for registering cases and the total amount owed by the real estate company to them.

Aug 17, 2017, 19:27 PM IST

CREDAI seeks PM's intervention for proper rollout of RERA

Real estate industry body CREDAI on Thursday sought the prime minister's intervention to ensure proper and expeditious implementation of the new real estate regulatory law to protect the interest of property buyers and developers.

Aug 17, 2017, 19:04 PM IST

'Buying homes in London cheaper on stronger rupee vs pound'

Indians bought homes in London at a 14 percent cheaper price during the March quarter than the year-ago period with the rupee gaining strength against the British pound, according to Knight Frank India.

Aug 17, 2017, 17:54 PM IST

Rs 408 crore Mahagun Mall in Greater Noida gets green nod

Mahagun Real Estate has received environment clearance for constructing a commercial complex in Greater Noida, Uttar Pradesh, at a cost of Rs 408 crore.

Aug 15, 2017, 11:09 AM IST

FDI in construction sector falls 59% to $1.9 billion

The real estate sector is facing demand slowdown in the last few years leading to fall in housing sales and new launches during 2016, delay in project execution and rise in debt of developers, the survey mentioned.

Aug 11, 2017, 17:41 PM IST

Home buyer can't be expected to wait indefinitely, says NCDRC

The apex consumer commission has asked a real estate firm to refund over Rs 49 lakh to a home buyer for delay in handing over possession of a property saying a buyer cannot be expected to wait indefinitely.

Jul 24, 2017, 15:09 PM IST

RERA likely to impact performance of developers in FY18: ICRA

According to ICRA, implementation of the Act has seen delayed as very few states have been able to create the required regulatory infrastructure till now.

Jul 19, 2017, 18:46 PM IST

PropUrban ventures into ''Property and Rental Management'' services

In its endeavor to become a one-stop solution for anything that is `Real Estate,` PropUrban, the online-to-offline investment advisory firm, has widened its horizon by recently venturing into Property and Rental Management Services (PRMS).

Jul 19, 2017, 18:23 PM IST

Lodha Group sells properties worth Rs 2,300 crore in Apr-June quarter

Realty major Lodha Developers sold properties worth Rs 2,300 crore during April-June period, its highest quarterly sales, beating demand slowdown in the real estate market, according to a top company official.

Jul 19, 2017, 16:25 PM IST

SBI launches 'SBI Realty' portal for home buyers

India's largest commercial bank SBI on Tuesday said it has launched a dedicated portal 'SBI Realty' that will help home buyers to choose flats from its 3,000 approved projects across the country.

Jul 18, 2017, 15:23 PM IST

Gulshan Homz to invest Rs 400 crore on two projects in Delhi-NCR

Realty firm Gulshan Homz on Monday said it will invest Rs 400 crore over next three years to develop two housing projects in Noida and Greater Noida.

Jul 17, 2017, 15:57 PM IST

Parsvnath builders asked to compensate homebuyer for delay

The Delhi state consumer commission has directed a real estate firm to pay Rs three lakh as compensation to a homebuyer for delay in handing over the possession of a flat.

Jul 17, 2017, 14:25 PM IST