real estate News

India real estate funds look to raise $1 bn from overseas

Real estate projects, selling houses at a rate of Rs 4, 000-6,000 per sq ft, which can be classified as affordable housing, appear to be seeing good traction in sales and cash flows.

Last year, realty funds managed to mop up close to $370 million from international markets.

Canadian NRI Bob Dhillon keen to enter Indian realty mktSun-Apollo to invest up to $50 mln in Sobha Developers-sources
Chandigarh Municipal Corporation
MC keen to develop residential complex at Manimajra
Selects 6-acre area behind NAC market showrooms near Housing Board light point, sends proposal to UT...

Lack of civic sense, maintenance have stained Connaught Place facades

The white-washed facades in Connaught Place have already lost their sheen a year-and-a-half after th...

From heaven to living hell: Traders, residents lament CP’s fall from glory

Eighty-year-old B G Khullar stands near H-block in Connaught Place waiting for someone to help him g...

FinMin plans stake sale in HUDCO

Finance ministry is looking at the possibility of disinvesting stake in state-owned HUDCO

Adarsh land belongs to state not Army: Judicial Commission

Allegation in case is land was allotted by state to society though it belonged to Defence Ministry.
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Realty sector: A new pressure point
RBI in its review of the monetary policy has hiked the policy rate further to combat inflation.
DLF Q2 net profit drops by 28% to Rs 100 cr
Income from operations declined by 4% at Rs 1,956 crore during July-September quarter.
Large office spaces see few takers as slowdown bites
Delhi saw drop of 91% sequentially and 66% over March quarter with trend in Mumbai slightly better.
Ground realty: Low interest in real estate
F1 has certainly drawn attention to the infrastructure in Noida and Greater Noida.
Reverse mortgage to attract no tax
Annuity payments to senior citizens availing reverse mortgage would not be taxed.
Real estate: Real opportunity
With the Securities and Exchange Board of India (Sebi) proposing to allow Real Estate Investment Tru...
With 840 sq ft office space per person, Air India staff enjoy a palatial tower
In response to RTI query filed by The Indian Express, Air India says it occupies 14 floors in bldg.
Delivery of new flats: Delays can attract high penalty for developers
Recent court ruling relieves buyers of the risk of being duped by developers.
Govt may ease FDI norms in real estate to boost sector
Minimum capital to be cut from $10 million to $5 million.
REITs: Can it revive realty sector?
Sebi has notified the draft regulations for REITs, a long-standing demand of the realty sector.
SC stops Tata housing project near Chandigarh
The court described the housing project as an eyesore.
Mumbai gets new swanky addresses, but nothing official about it
Mumbai builders try to beat slowdown with add-on offer for buyers: a 'posh' address to show off.
Haryana to build 1.25 lakh economy flats in Gurgaon, other prime areas
DLF and Emaar MGF are among developers who have shown interest in taking up these projects.
Real estate: Supreme Court order to hike home prices
In a recent judgement, the Supreme Court has upheld VAT for property under construction.
For nearly 3 years until collapse, BMC moved files on precarious building
The only evacuation that took place was after the collapse. Rescuers could save only 33 people.
Uttar Pradesh ranks highest in new investments in real estate sector
Real estate projects worth over Rs 2,971 crore got completed during the Q1 of FY 13-14 across India.
DDA looks to redefine Yamuna river front to exclude illegal colonies
Also Zone O will be re-designated as river Yamuna instead of ‘river front’.
Real estate: Delivery delayed, resale looks better
Home buyers looking to settle in their dream home this year, have to wait longer.
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