FinMin tells States to track real estate deals by foreigners

Illegal purchase of immovable property by foreign nationals on the rise
The Finance Ministry has advised State Government authorities to be ‘extra vigil... »

IMF-IIMB conference on housing in December

Indian Institute of Management Bangalore (IIMB) plans to host an IMF-IIMB conference on the h... »

Realty firms’ prospects to improve

The economic climate, not monsoon, is what determines the fortunes of players in... »

HDFC Property Fund to invest ₹700 cr in four residential projects

The projects will have 7,000 units; sales potential of ₹3,700 crore
HDFC Property Fund, the real estate investment arm of the HDFC Group, will invest ₹700 cr... »

Real estate will remain insulated from effects of a poor monsoon

A positive job outlook and an improved GDP will keep the sector going
The realty sector in the country does not seem to be affected by the possibility of defic... »

DLF Q1 net profit down 29%

Realty major DLF Ltd on Thursday announced that on consolidated basis it has posted 29 per cent lower net profit at Rs 127.77 crore for the quarter ended June 30, 2014 as compared to Rs 181.1... »

Credai urges members to follow national building code

Follow the norms Credai AP has stressed that its members should
adhere to the code and ensure transparency

The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (Credai) has urged its members to adhere to the National Building Code and cultivate a sense o... »

Naidu: Smart cities should focus on enhancing quality of life 

The focus of the smart cities project should be to enhance the quality of urban life through an integrated approach to urban planning and execution besides ensuring ‘inclusivity’, Minister of Urba... »

Home buyers of Emaar MGF protest against delay

After a unique protest by Unitech’s home buyers, now Emaar MGF’s Palm Drive project in Gurgaon is seeing disgruntled buyers demonstrating against delayed delivery. The Emaar buyers are no... »

Tata Value Homes launches online booking for Chennai, Bangalore projects

Tata Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, has announced the launch of online booking for its projects in Bangalore and Chennai. According to an off... »

ASK invests ₹127 crore in ATS Group’s realty project

Financial conglomerate ASK Group made its maiden investment from its offshore fund in ATS Group’s project in Noida for ₹127 crore. The project is located at Sector 150, Noida, across... »

Chennai to host construction expo

The 2014 edition of BusinessLine's Construction, Architecture and Interiors Expo will open in Chennai on August 15.The expo provides a platform for the building and constructi... »

Deep in debt, flat buyers form body

“We have just come together as a group. We do not really know what to do, we only want our money back,” says LS Prashanth, an apartment buyer in the Prime Sristi multi-storey project which collaps... »

How to home in on your property

We’ve all heard that the Budget has a lot in store for the realty sector. The buzz is there will be a lot of action in this market between five and 10 years from now. You can profit from i... »

Study: Low demand sees office space absorption in Kolkata decline 36%

Kolkata witnessed a substantial dip in office absorption rates for in the first half (Jan to June) of 2014. Total net absorption was lower by 36 per cent compared to the same period last year... »

Kolte Patil gets nod for township project in Urse

Global realtor Tishman Speyer shifts focus on India

DLF plans to raise Rs 3,500 cr via securities backed by IT SEZs

Real estate and infrastructure players upbeat on affordable housing moves

Big wins for real estate

Kolkata sees 30% drop in office space absorption: CBRE

New homes get smaller but affordable: Cushman & Wakefield

Brigade launches new residential project in Bangalore

‘We’re trying to perfect a biz model for affordable housing’

Sriram S Mahadevan, Business Head, Mahindra Lifespace Developers

Sriram S Mahadevan, Business Head, Mahindra Lifespace Developers, compares affordable homes to products carrying maximum retail price (MRP) labels. Any rise in price (above ₹20 lakh or ₹240... »

Now, realty goes for ‘buy one, get one free’

The ‘Buy one, get one free’ offer has made its way in to property purchase as well. Until recently, property developers were attracting buyers by offering, say, a modular kitchen or car p... »

Anti-competitive practices top complaints against realty players

Anti-competitive practices and abuse of dominance top the list of complaints filed by consumers against real estate players with the Competition Commission of India (CCI). As much as... »

Now, buy a villa and get an apartment free!

The ‘Buy 1 Get One Free’ offer has made its way into property purchase as well. And this time around, the freebie is not a car park or a modular kitchen, but much more than that! Mod... »

After novel protest, Unitech home buyers mull legal action over delay

Tired of the delay in getting delivery of their apartments, buyers of Unitech’s ‘The Residences’ project in Gurgaon are now planning to move court and approach the Competition Commission of In... »

ASK Group offshore fund invests Rs 127 cr in ATS Group project

ASK Group, a diversified financial services group, has made the maiden investment of Rs 127 crore from its offshore fund in ATS Group’s project in Noida. The offshore fund is being manag... »

Buying more than one home? Fork out capital gains tax

Looking to sell your ramshackle ancestral home to buy a couple of apartments? Be prepared to shell out a hefty sum in capital gains tax, as the Budget has capped tax breaks available to suc... »

What drives property prices?

Have you ever wondered why property prices in a neighbouring town head for the stratosphere while the plot you buy languishes without any gains? Well, as they say, the three Ls of property... »

Cheer for home-buyers as Ministry mulls new interest sop plan

Buyers in the economically weaker section and low income group category could come a step closer to achieving their dream of owning a house soon as the Ministry of Housing has proposed an o... »

Maharashtra simplifies land conversion process

The Maharashtra Cabinet on Wednesday decided to further simplify the process of developing land in municipal areas having their own plans. In such areas, permission of the District C... »

ICCI calls for Coimbatore development authority

New phase of IT park project Waverock in Hyderabad inaugurated

TN Government announces housing schemes

A fillip for affordable housing

‘Housing for all’ initiative has many sectors excited

Pratik Mantri made president of CREDAI Karnataka Youth Wing

Mahindra Lifespaces to build affordable housing pilots

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