For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …
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This 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 …
A retired officer of Delhi Development Authority has been arrested in the DDA flat allotment fraud and a property dealer is understood to have been detained for questioning. The police said, Mr. M L Gautam, …
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 …
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 …
Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken …
Realty firm, Omaxe has announced its plans to launch 10,000 low-cost homes in Indore next month, which would be developed at about Rs 1,000 crore (Rs 10 billion). It will launch these budget-flats in the …
A survey by global real estate consultancy Cushman and Wakefield (C&W) has revealed that average capital values of luxury properties in posh localities across major metros have fallen by 10%-20% during the last three months. …
Real estate developers have come up with a new gimmick to attract buyers. After budget-houses, builders have come out with ‘semi-luxury’ flats to cater to high-end buyers. The purpose is to provide various amenities offered …
Notwithstanding its successful Rs 1,620-crore Qualified Institutional Placement (QIP) issue, troubled real estate company Unitech has postponed the repayment of a large part of the Rs 500-crore debt it had to pay back to mutual …
