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Contractors in Mangaluru worried over sand scarcity

Our Bureau

The Civil Contractors’ Association in Mangaluru has said that the scarcity of sand has af... »

Indiaproperty to raise $50 million in Series C funding

Sangeetha Chengappa

Chennai-headquartered online real estate portal Indiaproperty.com is in advanced stages of talks... »

Property search portal NoBroker now in Chennai

Our Bureau

NoBroker.com, an online property search portal, has launched its operations in Chennai, w... »

JLL India's Segregated Funds Group invests Rs 25 cr in Chennai realty project

K R Srivats

JLL India’s Segregated Funds Group (SFG) has invested ₹ 25 crore ($ 4 million) in a residential... »

DLF to pay Rs 80 cr to law firm for rescinding from agreement

PTI

Real estate major DLF Ltd has been directed to pay nearly Rs 80 crore to a private company for r... »

JLL India’s fund invests ₹25 cr in Chennai project

Our Bureau

JLL India’s Segregated Funds Group (SFG) has invested ₹ 25 crore ($4 million) in a residential project of Chennai-based Vishwakarma Real Estates & Constructions (I) Pvt Ltd. This inve... »

Ask Group exits from Raj Altezza

Bindu Menon

Realty-focused PE firm Ask Group has announced its exit from Raj Altezza, a project by Rajesh Lifespaces in Mulund, Mumbai. The investment was made in August 2011 from ASK Group’s second... »

India’s green building base crosses 3 bn sq.ft mark

V. Rishi Kumar

In a major boost to the green building movement in the country, India has crossed the 3 billion sq.ft mark of registered green building footprint. Indian Green Building Council (IGBC), pa... »

Salarpuria Sattva enters Coimbatore market

Our Bureau

Salarpuria Sattva has entered Coimbatore with the launch of its first residential project — Navaratna Residency — said to be the largest gated community project here. “The project has been... »

Maharashtra builders seek changes in licence agreement rules

Trying times Building firms want to rent out their unsold flats as
‘service apartments’ in a desperate attempt to clear inventories

Press Trust of India

Builders, amid the struggle to sell their luxury apartments due to poor demand, have now approached the Maharashtra government seeking changes in the Leave and Licence Agreement rules in a despera... »

CHD Developers to invest Rs 350 cr in Gurgaon project

PTI

Realty firm CHD Developers Ltd today said it will invest about Rs 350 crore over the next four years to develop a housing project in Gurgaon. In a filing to the BSE, Delhi—based developer s... »

Stuck projects paint grim picture for steel demand

Long pending The real estate sector was the worst hit with 34 projects
worth ₹37,300-crore investments being stalled REUTERS

Navadha Pandey/Debabrata Das

Demand for steel and cement remained muted in fiscal 2014-15 due to stalled projects in the infrastructure and real estate sectors. Steel makers are worried that stagnant demand and... »

Competition Commission finds DLF guilty of unfair business practices

Our Bureau

In a fresh order against real estate firm DLF, Competition Commission of India (CCI) has found the company guilty of indulging in unfair trade practices in sale of apartments in a Gurgaon housing... »

Housing.com CEO gifts all his shares to employees

PTI

A week after withdrawing resignation, Housing.com Chief Executive Rahul Yadav today in a surprise move decided to allot all his personal holding in the company worth Rs 150-200 crore to the employ... »

IFC to partner Tata Housing arm for affordable homes

Our Bureau

The International Finance Corporation (IFC), a member of the World Bank Group, will invest $25 million (₹160 crore) alongside Tata Value Homes (TVH), a subsidiary of Tata Housing, to finance affor... »

Coming soon, a logo for architects to build brand identity

REIT moves one step closer to becoming a reality

Southern real estate markets outperform north: Study

Unsold homes hit 6.8 lakh units in 6 cities; inventory up 2.48% in Q4

Property launches may improve over the next 6 months: report

Rajya Sabha likely to witness heated debate over real estate bill

Marginal rise in Bengaluru realty capital values

VGN launches luxury residential project in Chennai

Mangaluru luxury apartment

Our Bureau

The Mangaluru-based Land Trades Builders & Developers has announced the completion of its luxury apartment project in the city. Addressing presspersons here on Tuesday, K Shrinath Hebbar, prop... »

VBHC Value Homes gets Crisil ratings

Anil Urs

VBHC Value Homes, an affordable housing developer, has announced that five projects have got Crisil’s Real Estate City Star ratings. The ratings provide city specific all-round assessmen... »

DLF says improved sales at least a year away

Reuters

DLF Ltd, the country’s biggest listed property developer, posted a 22 per cent slide in quarterly net profit amid a market slump due to high interest rates and weaker economic growth, and said it... »

Housing.com targets international realty market for expansion

PTI

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.“We have... »

Vijay Khetan Group to pay ₹90 cr for distressed land parcel in Mumbai

Rajesh Kurup

Vijay Khetan Group has acquired a distressed land asset worth ₹90 crore in suburban Andheri and intends to develop a residential complex with a total build up of 5-lakh square feet. The realty fir... »

Transfer of stake to staff: Housing CEO challenges Zomato, Ola founders

War of words: Rahul Yadav, co-founder and CEO of Housing.com

Priyanka Pani

A day after announcing that he was transferring all his shares, worth ₹200 crore, to the company’s employees, Rahul Yadav, co-founder and CEO of Housing.com, publicly challenged Olacabs fo... »

DLF hits back at CCI; asks why no penalty on other realtors

PTI

Slapped with a fresh ‘cease and desist’ order by fair trade regulator CCI, realty major DLF has said it is “very surprising” that no penalty has been imposed on various other realtors operating in... »

ShantaSriram to invest ₹600 cr in projects in Hyderabad

Our Bureau

ShantaSriram Constructions, a 20 year old realty company will invest over ₹600 crore in residential projects and multiplex-cum shopping malls in and around Hyderabad in the next 24 months. »

Sobha Q4 profit drops 12.39%

Our Bureau

Hit by higher input costs, Sobha Ltd reported a 12.39 per cent fall in consolidated net profit for the March quarter at ₹61.5 crore compared with ₹70.2 crore a year ago. The company’s in... »

‘There’s optimism, cyclical upswing in realty now’

ANUJ PURI, Chairman & Country Head, Jones Lang Lasalle, India

Abhishek Law

Anuj Puri is the Chairman and Country Head of property consultants Jones Lang Lasalle (JLL), India. He believes that there has been a marked change in perception of global real estate investo... »

CHD Developers’ project in Haryana

Homes turned cheaper in third quarter

Changes in FEMA okayed to facilitate REITs

Building bye-laws need to be changed for energy efficiency, says BEE chief

JLL India appoints new CEO for residential services

Square Yard raises Rs 38 cr

BJP hits back at Rahul on real estate bill

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