Global real estate consultancy Jones Lang LaSalle Meghraj (JLLM) has marked the nine best places that are expected to fetch lucrative returns. First is Mumbai, where in certain areas growth can still be observed. These …

Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, is planning to make all its future residential buildings green. The company would set aside Rs. 400 crores as an investment budget for …

The Urban Development ministry has held the allotment of flats to its winners decided recently by a lucky draw by the Delhi Development Authority till the process gets cleared from allegations of fraud and rigging. …

Mumbai-based developer, Akruti City, which was mainly into development of hospitality, retail and township projects, has decided to shift its focus to affordable homes. Under the brand name, ‘Just Perfect Homes’, the developer will develop …

his New Year has brought some good news for real estate companies, many of which were believed to be on the threshold of bankruptcy due to a liquidity crunch, mounting debts and little chances of …

Realty major, Unitech is in talks with private equity funds for investments up to $560 million (Rs 275 billion). According to sources, the company is also in negotiations with banks to restructure an additional Rs …

The first day of the housing projects introduced across Mumbai by the Maharashtra Housing and Area Development Authority (MHADA) received an overwhelming response. It reflected that slump or no slump, there is still a huge …

As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business …

Real estate giant DLF has announced plans to invest Rs 15,000 crore over the next three years to develop various residential projects across the country in Rs 15-40 lakh range. The company had announced its …

The government has announced that it will not dissolve the boards of Maytas Infra and Maytas Properties, whose acquisition deal by Satyam Computer for $1.6 billion was aborted following shareholders’ dissent. The government has already …