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SEBI fines DLF Rs 86 cr, developer to challenge order

Our Bureau

The Securities and Exchange Board of India on Thursday fined real estate company DLF Ltd... »

Amarprakash Developers launches second phase of Temple Waves

Our Bureau

The Chennai-based Amarprakash Developers has launched the second phase of Temple Waves, a reside... »

CommonFloor launches Virtual Reality for buyers

Our Bureau

App available on high-end Android handsets »

PE investment in real estate doubles in 2014

Our Bureau

Private equity investments in real estate sector in the country registered total inflows of Rs 1... »

Regus opens 50th centre in Bengaluru

Our Bureau

Regus, the global workplace provider, has launched its 50th centre in India, at the esteemed RMZ... »

Piramal unit to invest about $800 mn in realty projects

Our Bureau

Piramal Fund Management said it is planning to enter the construction finance space and has approved nine construction finance proposals totalling Rs 1100 crore. The initial transaction v... »

Housing.com ties up with Nirmal Lifestyle to sell 'One Mumbai'

Rajesh Kurup

Housing.com has entered into a partnership with Nirmal Lifestyle to sell the latter’s lifestyle property ‘One Mumbai’ located at Mulund in Mumbai. Between February 20 and March 1, 2015, 1... »

FSI hike should go hand in hand with infra development

Bindu D Menon

Real estate developers may cheer Brihanmumbai Municipal Corporation’s move to increase floor space index in Mumbai, but industry watchers and urban planners point out that such a move could be “re... »

Brick Eagle acquires 49% stake in housing developer DBS

Our Bureau

Brick Eagle, a financial services platform for affordable housing development in India, on Wednesday announced acquisition of 49 per cent stake in Ahmedabad-based affordable housing developer DBS. »

Tata Housing starts five affordable housing projects

PTI

Tata Housing Development Company has started five affordable housing projects, including one in the city, a top official of the company said today.“We are setting up five affordable housing... »

Brigade Enterprises appoints new CEO

Anil Urs

Brigade Enterprises Ltd, South-based real estate company, has appointed Om Ahuja as the Chief Executive Officer (CEO), Residential. Om Ahuja has over 18 years of experience in real estate, banking... »

Uzma Irfan, Prestige group chief, gets real estate award

Our Bureau

Uzma Irfan, Director, Prestige Group, has won recognition as the most enterprising woman in real estate in South India. The award, instituted by ABP News, lauded her as the ‘Woman Super... »

Urban housing shortage to touch 3.4 cr units by 2022: report

Annual demand for housing units in urban areas is expected to reach 38.4 million units by 2022 on the back of rising population and rapid urbanisation.

PTI

The shortage of urban housing across the country will increase to an estimated 3.41 crore units by 2022, mainly on the back of demand-supply gap and rising levels of income among the working class... »

‘Chennai’s residential market set for steady growth’

The reduction in the base interest rate by 25 bps in January will cheer up the real estate market in Chennai.

Our Bureau

Housing sales improved by 5.5 per cent in Q4 »

KNR Constructions nets Rs 15 cr in Q3

V. Rishi Kumar

KNR Constructions Ltd has posted a net profit of Rs 14.88 crore for the third quarter ended December 31, 2014, as against Rs 13.46 crore it logged in the same period in the last financial year. <... »

Credai Bengaluru realty expo on Feb 14&15

For advice on REITs, DLF appoints JP Morgan, Morgan Stanley

CCI orders fresh probe against DLF

Private sector can provide affordable houses

DLF Q3 net dips 9.2% to Rs 131.79 cr

Homing in on the PE route

Rise & rise of high rises

Jain Housing raises ₹240 cr from Singapore wealth fund

Kochi World Trade Center to open this year

Our Bureau

The Bengaluru-based Brigade Group’s ambitious World Trade Centre project at the State Government-owned Inforpark in Kochi will be operational by the last quarter of this year.Vishal... »

Hallmark group to launch residential project near Chennai

Anand Jain, Managing Director of Hallmark, with Hansika Motwani, actor,
at the launch of Hallmark Emerald, in Chennai on Thursday BIJOY GHOSH

T E Raja Simhan

Hallmark group is launching Emerald, an 860 apartment property on the GST Road. The property – Hallmark Emerald - spread across 6.82 acres with a residential area of 9 lakh sq ft is located opposi... »

Tatas launch value homes project in Kolkata

Brotin Banerjee (right), Managing Director & CEO, Tata Housing Development Company, with Ganesh Singhania at a press conference on in Kolkata on Tuesday - ASHOKE CHAKRABARTY

Our Bureau

Tata Value Homes, a fully-owned subsidiary of Tata Housing Development Company Ltd, has announced the launch of its “value home” project, Adwita, at BT Road, on the northern fringes of the... »

DLF ‘waiting for clarity on tax’ to launch REITs

NAVADHA PANDEY,RICHA MISHRA

Real estate player DLF Ltd awaits Finance Minister Arun Jaitley’s Budget to give clarity on tax treatment for Real Estate Investment Trusts (REITs), through which the company expects to eas... »

Indiabulls Real Estate net debt rises to Rs 5,337 cr

PTI

Indiabulls Real Estate Ltd’s (IBREL) net debt increased by Rs 254 crore during the quarter ended December to Rs 5,337 crore mainly due to acquisition of a 7.2 acre piece of land in Thane, Mumbai.... »

JLL India facilitates Tata Value Homes, Square Four Group land deal

Anil Urs

JLL India has structured the deal between Tata Value Homes and Square Four Group of companies for joint development of 25.5 acres of prime residential land at B T Road, Kolkata. The overa... »

Average housing prices up 3% in Delhi-NCR

PTI

Housing prices in Delhi—NCR rose by an average 3 per cent during October—December period of 2014 compared to the previous quarter as property market showed some signs of improvement, according to... »

Tata Housing, Tata Value Homes tie up with Housing.com for online sales

Our Bureau

Tata Housing and Tata Value Homes have partnered with real estate portal Housing.com to sell homes in the second edition of the National Home Buying Week. As part of the partnership, eigh... »

Exempt capital gains tax for sponsors of REITs: CII

Our Bureau

Ahead of Union Budget 2015, industry body Confederation of Indian Industry (CII) has urged the Government to exempt long term capital gains tax for sponsors of Real Estate Investment Trust (REITs)... »

ICICI Venture exits UDS; sells stake to SPV floated by promoters

Our Bureau

ICICI Venture Funds Management Co Ltd has sold its stake in Updater Services Pvt Ltd to a special purpose vehicle owned by the promoters of Updater Services. ICICI Venture had acquired a significa... »

Tata Housing to invest Rs 1,500 cr in two new realty projects

JP Morgan and Morgan Stanley to advise DLF on REITs

DLF net debt rises by nearly Rs 400 cr to Rs 20,336 cr

Realty sector seeks steps to cut housing costs

Asset Homes launches online purchase facility

Hyderabad property expo gets good response

Lenders on song as Bengaluru property market booms

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