Assistant general manager of the city office of a Mumbai-based real estate developer, Unity Reality and Developers Limited, was arrested for allegedly duping his company of Rs 2.02 crore by producing fake mutation certificates. Police …

Lodha Developers is set to buy a 10.3-acre plot in Central Mumbai for Rs 710 crore in what could be the single-biggest realty deal this year so far, a sign that the downturn in the …

India has dropped to third place in global foreign direct investments (FDI) this year following the economic meltdown, but will continue to remain among the top five attractive destinations for international investors during the next …

Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst …

In the last eight to 10 months, the real estate market has swung from being a builders’ industry to a customers’. “Today, a client is given more value and has a plethora of options,” feels …

Country’ largest lender, State Bank of India has been disbursing home loans via non-conventional channels. Recently, the bank organized a three days ‘SBI Home Fair 2009′ at Mayor Ramanathan Chettiar Centre in Chennai. The bank …

Home sales in India may be on the rebound, with real estate firms launching new projects to tap a revival in housing demand, but Ajay Jain remains an angry customer of DLF Ltd, the country’s …

RBI draft guidelines keep loans to acquire land for hotels out of banks’ commercial real estate exposure. The cost of bank loans for firms engaged in the business of hotels and hospitality may decline, with …

German power equipment and transmission major Siemens has put 13 of its residential properties in Mumbai on the block. The properties, part of the company’s non-core assets, are spread across a total area of over …

“The right sized product, at the right price will surely be a sell-out,” says Sukhraj Nahar, chairman of the Nahar Group. At the MCHI’s India Realty Expo, 2009, in Dubai, the Nahar Group offered NRIs …