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Realty News

India real estate

20 Nov 2024

Average Home Price In Top 7 Indian Cities Reaches Rs 1.23 Crore, 23% Jump

Despite a three per cent drop in overall unit sales, the total sales value outstripped that of a year ago by 18 per cent -- clearly underscoring the unrelenting demand for luxury homes, he added.

28 Jun 2024

This 19th-Century Mansion With 17 rooms, 5,000 Sqft Area Is Available For Free

Free But Actually Not Free! Check Out What To Do To Get Hood Mansion.

07 Sep 2023

“South Bombay Hai Boss, Compromise Toh Karna Padega”: 1BHK Home At 2.5 Cr

Priced at Rs 2.5 crore --that the instagram user claims -- the house appears to be nothing less than a matchbox, with very little space for bedroom, bathroom, kitchen and the so called balcony.

Delhi Development Authority

16 Aug 2023

With Over 40,000 Vacant Flats In Inventory DDA Doing THIS To Attract Buyers

According to information, for the first time since its establishment in 1957, the DDA has partnered with a private real estate consultancy to rejuvenate its presence in the city's housing market.

01 Oct 2022

Office leasing up 97% in Jan-Sep in 6 cities; may hit record in 2022

Real estate consultant Colliers India expects absorption of office space to hit an all-time high in the 2022 calendar year. The previous high was seen in 2019 at 44.8 million square feet. Gross absorption does not include lease renewals, pre-commitments and deals where only a letter of intent has been signed.

08 Jan 2021

Looking to buy your dream home in 2021? SBI has a bouquet of home loan offers

Home Loan Interest rates start at 6.80%. Upto 30 bps interest concession on select parameters. Women borrowers get a concession of 5 bps.

Delhi State Consumer Commission

17 Jul 2017

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.

25 Jun 2017

Signature Global to invest Rs 400-crore in two Gurugram projects

Realty firm Signature Global will invest Rs 400 crore to develop two new affordable home projects in Gurugram as part of its expansion plan in low-cost housing segment.

02 Apr 2017

Centre proposes VCF policy for property owners

Property owners will have to shell out more money in the form of new taxes to be levied by the government in the wake of state-sponsored infrastructure projects pushing up the prices of land and buildings in the vicinity.

27 Mar 2017

2016 witnessed negative retail space supply: JLL

Limited supply coupled with closure of certain malls resulted in a negative supply in retail space for the first time ever in 2016, a recent survey said.

01 Mar 2017

DLF promoters to sell 40% stake in rental arm to GIC

Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.

01 Feb 2017

Sensex spurts in opening trade ahead of Budget

Ahead of the Union Budget that is to be presented later in the day, market rose by over 64 points in opening trade today as investors built up positions.

09 Nov 2016

Realty, consumer non-durable markets to be hit by notes ban: Experts

Experts are of the view that ecommerce, real estate and consumer non-durable sectors are likely to be hit by government's move to ban Rs 500 and Rs 1,000 notes, even as they projected the economy to benefit from it in the long run.

09 Nov 2016

Real estate shares plunge 20% in early trade

Realty stocks plunged up to 20 percent in early trade on Wednesday with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.

14 Oct 2016

Growth in infrastructure development will pull down prices: Experts

Concerned over the rising land cost, realty experts believe that growth in infrastructure development will result in bringing the prices down.

13 Oct 2016

Realtors seek tax relief, land to build affordable homes

Realtors' body NAREDCO today demanded tax relief and increase in land supply to develop affordable homes so as to help achieve the government's 'Housing for All' objective.

22 Sep 2016

Simplex Infra gets shareholders' nod to raise Rs 200 crore

Engineering firm Simplex Infrastructures Ltd on Thursday said it has received shareholders' nod to raise up to Rs 200 crore by issuing non-convertible debentures on private placement basis.

10 Sep 2016

Parsvnath Q1 net profit flat at Rs 4.58 crore

Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales.

05 Aug 2016

24,000 residential units launched during Apr-Jun: Study

As many as 24,000 residential units were launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said.

LIC Housing Finance

15 Jul 2016

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.

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