Noida Authority extends housing scheme to sell 338 flats
Mumbai: Noida Authority has now extended the deadline of its scheme for the sale of low-income group (LIG), middle-income group (MIG), high-income gro...
Home sales jump 9% in Q4 2022 at 1,20,275 units: Report
Noida: The top cities in the country saw almost 9 percent jump in home sales in Q4 2022 at 1,20,275 units as compared to 1,09,464 units in Q4 2021, ac...
BBMP cancelled OC of Sobha City for submitting fake documents
Benagluru: The Bruhat Bengaluru Mahanagara Palike (BBMP) has cancelled the occupancy certificate issued to a 2,000-unit apartment complex on Thanisand...
MHADA to conduct lottery for 4,000 houses in March 2023
Mumbai: Maharashtra Housing and Area Development Authority’s (MHADA) Mumbai Board will call out a lottery in the month of March 2023 for 4,000 houses...
Funds sanctioned to build 11 lakh PMAY-Gramin houses in West Bengal
Mumbai: West Bengal has completed the sanctioning for the construction of almost 11 lakh houses in rural areas, which is nearly 97.4% of the target se...
New supply of homes jumps 51% in seven major cities
Mumbai: The new supply of homes jumped 51 percent last year to 3,57,635 units across seven major cities as builders launched more projects to tap risi...
Case filed against Mahindra Lifespace for landgrab
Mumbai: Vinod Natesan, a person living in ‘Mahindra Park’ proejct in Ghatkopar (West) has filed a case against realty player Mahindra Lifespace Develo...
Macrotech Developers in trouble: Several of its projects now prevented from being sold by MahaRERA
Mumbai: Macrotech Developers (formerly called Lodha Developers) is in the eye of a storm with several of its projects being prevented from being marke...
NCLT initiates insolvency proceedings against Ansal API
Mumbai: NCLT has directed to start insolvency proceedings against Ansal Properties & Infrastructures after a petition was filed by as many as 126 flat...
Vertical property cards soon to flat owners of Maha RERA registered projects
Mumbai: Maharashtra government is soon expected to get approval for the draft proposal for issuing vertical property cards to flat owners of Maha RERA...
Bengaluru ranks 4th in list of most expensive residential markets, Ahmedabad most affordable
Bengaluru: IT Capital of the country Bengaluru has ranked fourth in the list of most expensive residential markets in India. In the third quarter of o...
YEIDA to launch 326 residential plots at Sector 16
Noida: YEIDA is coming up with a scheme to launch 326 residential plots at Sector 16. These are of 120, 162 and 200 sq mtrs in sizes and are near the...
Delhi Police arrests builder for defrauding 31 homebuyers
Mumbai: Delhi Police has arrested Deepak Gusain, a builder who allegedly defrauded as many as 31 homebuyers to the tune of Rs 10 crore. Deepak Gusain...
Eldeco Housing's PAT jumps two fold at rs 10 cr for Q1FY23
Mumbai: Eldeco Housing and Industries Ltd has registered two-fold jump in consolidated net profit at Rs 10 crore for the first quarter ended June 2022...
Another FIR on Supertech Ltd’s Chairman RK Arora
Mumbai: A new FIR has been registered against realty firm Supertech Ltd’s Chairman RK Arora and Managing Director Mohit Arora and alos on management o...
Ansal Buildwell will get Rs 47 cr from stress fund for Haryana proj
Mumbai: Ansal Buildwell will get Rs 47 crore from stress fund or the SWAMIH Investment Fund for completion of a housing project in Haryana's Faridabad...
MahaRERA to issue suo motu notices to realty firms of the 4,500 lapsed projects
Mumbai: MahaRERA is planning to issue suo motu show cause notices to real estate firms of the 4,500 projects whose registrations have lapsed. A gene...
Residential property prices to go up 10- 15% in coming quarter: CREDAI
Kolkata: Residential property prices are expected to go up by 10- 15 percent in coming quarter, said Confederation of Real Estate Developers’ Associat...
New supply, unsold stock of homes decline in Delhi NCR
New Delhi: Real estate companies remained cautious and curtailed new supply of residentila property to just 4,070 houses in the second quarter of 2022...
Greater Noida Authority issues notice to Supertech for audit from IIT
Noida: Greater Noida Authority has now issued a stern notice to realty player Supertech to get structural audit done for its project ‘Supertech Eco Vi...
Housing market poised to grow in nxt 5 years: PNB Housing Finance
Mumbai: The housing market in the country is poised to grow in the coming five years despite a decline of last several years, PNB Housing Finance said...
Most cities witness decline in affordability of homes; Ahmedabad most affordable
Mumbai: Many residential property markets across the country have witnessed a moderate decline in affordability of homes because of recent increase in...
Basement of another Supertech proj caves in, waterlogging can lead to dengue, malaria outbreak
Mumbai: A part of the basement of ‘Supertech Ecovillage 1’ in Greater Noida has caved in, risking the lives of hundreds residents in the society. A p...
Home prices jump 5-9% in Q2 of 2022
Mumbai: In line with rise in process of raw materials, the prices of residential properties has gone up by 5-9 percent on an average in the top cities...
Kerala govt dilutes tax hike for luxury homes
Mumbai: After Kerala state cabinet approved the suggestions of the sixth State Finance Commission to impose a higher tax on homes which have a plinth...
Residents of housing proj in Noida beaten by goons, Police arrests 7
Mumbai: Residents of residential project in Noida have been beaten up by goons after many of them held a protest against the project’s builder for al...
Housing sales jump 7% in Q12022
Mumbai: A total of 70,623 homes were sold in first quarter of the current calendar year (Jan-Mar) in top cities of the country, a jump of seven perce...
DLF records 16% fall in its net profit at Rs 405 cr for Q4FY22
Mumbai: Realty player DLF has recorded 16 percent fall in its consolidated net profit at Rs 405 crore for the fourth quarter ended 31 March 2022 as co...
Rise of Coliving with safety & hygiene becoming priority-Kahraman-Olive by Embassy
--By-Kahraman Yigit, Co-Founder and CEO, Olive by Embassy The Covid-19 pandemic has had an enormous impact across all industries, including the co-li...
Senior living housing set to become important residential asset class: Amit-Housing.com
--By-Amit Masaldan, Business Head, Housing.com Although 'Senior Living Housing' concept has been in India for a while, it is still at a very nascent...
Senior living – Future is Being Written Now: Ankur-Ashiana Housing
--By Ankur Gupta, JMD, Ashiana Housing Ltd Metros along with tier 2 cities will witness a healthy growth of senior living projects in the medium to l...
CIDCO extends last date for mega housing scheme by 1 month
Mumbai: The City and Industrial Development Corporation (CIDCO) has now given an extra 30 days for application to its housing scheme in Taloja (Navi M...
Stress fund to provide Rs 130 cr in Home&Soul's stuck project
Mumbai: The stress fund for realty sector (SWAMIH fund) will put in Rs 130 crore for the completion of ‘F Premiere 2’ project on the Yamuna Expressway...
Sitharaman announces completion of 80 lakh homes, allocation of Rs 48k cr under PMAY-Urban & Rural
New Delhi: Finance Minister Nirmala Sitharaman today announced completion of 80 lakh houses under Pradhan Mantri Awas Yojana. She also announced alloc...
Chandigarh Housing Board gets poor response for e-auction of properties
New Delhi: Chandigarh Housing Board has go poor response for its e-auction of the residential and commercial properties. Out of 145 units that were to...
Housing market in Kolkata saw 62% jump in 2021 : Report
Kolkata: Residential property market in Kolkata saw 62 percent jump in 2021 with 14,405 homes being sold as compared to 2020, according to a report by...
Major good news for homebuyers: Karnataka cuts property guidance values by 10%
New Delhi: Karnataka government has cut property guidance values in the state by as much as 10 percent for coming 3 months with a view to provide an o...
Home registration in Mumbai declined 52% in December 2021, jumped 70% in whole of 2021
Mumbai: Registration of homes in Mumbai declined 52 percent in December 2021 as compared to the same month of 2020. However, the numbers increased 70...
Homes more affordable today than anytime in last 10 yrs: Report
New Delhi: The Indian property market is at its best in the last 10 yaers, at least from the point of view of owming a home. All the cities except Mum...
DDA to sell 18,335 flats at very low rates in new scheme
New Delhi: DDA has launched a housing scheme for selling 18,335 flats at places like Jasoal, Dwarka, Rohini, Narela, Vasant Kunj and Pashchim Vihar....
Post Covid, supply of mid, premium homes up at 64% in Chennai
Chennai: After the Covid pandemic, supply of mid and premium homes has gone up by 64 percent in Chennai. Of the 28,700 houses launched in the years 20...
100 villas raised down in Hyderabad
Hyderabad: In a significant crackdown on various unauthorized villa constructions in Hyderabad’s Dundigal municipality, over 100 villas were sealed by...
SKA Group to invest Rs 400 cr in a luxury proj in Noida
New Delhi: Realty player SKA Group will invest Rs 400 crore in a luxury residential project ‘SKA Orion’ which will be located at Sector-143, Noida. Th...
Major good news for home buyers: registry of flats to be done on ‘carpet’ area basis only
New Delhi: There is major good news for those wanting to buy homes for themselves in Noida. The Noida Authority has passed an order that registry of f...
DDA to come out with new housing scheme consisting of 15,000 flats
New Delhi: The DDA has approved start of a new housing scheme in Delhi consisting of 15,000 flats. The ‘Online Special’ housing scheme will have 15,00...
Top 9 listed realty cos see 89% jump in value of homes sold
New Delhi: The top nine listed real estate companies in India saw a 89 percent jump in total value of houses sold in second quarter (Q2) of the ongoin...
First ready reckoner for every Indian Home buyer launched in India: AtoZofResidential.com
New Delhi: After the roaring success of the book “The A to Z of Residential Real Estate” and on high consumer demand for dearth of a credible online h...
Realty firms in Greater Noida will not be able to sub divide and sell plots any longer
New Delhi: Real estate firms will not be able to sub divide and sell off plots any longer allotted to them in Greater Noida. This decision was taken i...
Royal Green Realty is foraying into affordable housing
New Delhi: Royal Green Realty is foraying into affordable housing with projects lined up in Gurugram, Faridabad, Jhajjar and Indore, the company said...
Online searches for homes touches all-time high
New Delhi: Online searches for homes touched all-time high last month (September) 2021. Delhi-NCR topped the chart. This came on a positive consumer o...
Macrotech Developers clocks net profit of Rs 223 cr Q2FY22
New Delhi: Realty player Macrotech Developers reported a consolidated net profit of Rs 223 crore for the quarter ending September 2021 as against a ne...
Home sales jump 59% in third quarter of 2021
New Delhi: Home sales in the country jumped 59 percent at 55,907 units in the third quarter of the current calendar year as compared to the same perio...
Major raid on 2 realty players in Mumbai finds Rs 184 cr of unaccounted income
New Delhi: The Income Tax Dept has found unaccounted income of Rs 184 crore in raids on two Mumbai real estate companies. The raids began on 7 October...
Noida Authority to offer 122 large plots today
New Delhi: Noida Authority will a housing scheme comprising 122 large plots in Noida today. They will be available through online auction process. T...
Housing.com inks pact with MyGate
New Delhi: Property portal Housing.com has joined hands with community management mobile App MyGate to help customers have a wider reach. This partne...
Construction of National Highway projects of around 206 kms worth Rs 1,678 crore in Nashik
The government has started construction of National Highway projects of around 206 kms worth Rs 1,678 crore in Nashik in Maharashtra. In the coming tw...
Housing sales jump 65% in Q3
Mumbai: Residential sales in the third quarter (Q3) of the current calendar year jumped 65 percent as compared to the same period of 2020. The total s...
Greater Noida-West proj receives approval of funding of Rs 249 cr from SBICAP Ventures
New Delhi: The Panchsheel Greens II housing project in Greater Noida-West has now received approval of funding of Rs 249 crore from SBICAP Ventures. T...
Sustainable Homes making Deep Inraods in India- Abhijith-buildAhome
--By-Abhijith R Priyan, CEO of buildAhome An Eco-house (or Eco-home) is an earth low-sway home planned and fabricated, utilizing materials and innova...
Godrej Properties sells 340 flats worth Rs 575 cr in Noida project
Mumbai: Godrej Properties Ltd has sold 340 apartments in ‘Evergreen’ phase of Godrej woods project in Noida for Rs 575 crore on the day of its launch....
Jaiprakash Associates joins hands with Gulshan Homz, CRC for completion of 619 homes
New Delhi: Infra player Jaiprakash Associates has signed joint ventures with realty firms Gulshan Homz and CRC for the completion of as many as 619 a...
B’lore realty market likely to beat whole of Delhi NCR in 2 yrs
Gurugram: There is likelihood of major change in pecking order of the size of real estate markets in the country. Bengaluru is expected to outshine th...
Home launches in Pune jumps 26%, sales down 20% in H12021
Mumbai: New home launches in Pune saw 26 percent jump in the first half of current calendar year 2021 as compared to the same period of last year. How...
SWAMIH to invest Rs 100 cr in a stuck housing proj in Gurugram
Noida: Real estate stress fund SWAMIH is investing Rs 100 crore in a housing project in Gurugram that is being developed by Imperia Group. The move wi...
8205 low cost homes near Mumbai to be allotted by Mhada
Noida: As many as 8205 low cost homes near Mumbai will be allotted through lottery by Maharashtra Housing and Area Development Authority (Mhada). The...
Delhi NCR has more than twice stuck homes than Mumbai
Noida: Delhi NCR housing market has more than twice stalled homes than Mumbai. While Delhi NCR has about 1,13,860 houses that are stalled, Mumbai has...
JLL launches its residential property portal
New Delhi: Real estate consultancy player JLL has launched a residential property portal JLL Homes.co.in. The prospective homebuyers will be assiste...
Signature Global to invest Rs 700 cr in new housing project
New Delhi: Realty player Signature Global plans to invest Rs 700 crore in its new housing project ‘Signature Global City 37D’ in sector 37D, Gurugram....
6.28 lakh homes worth Rs 5 lakh cr in top cites completely stalled or delayed
New Delhi: Around 6.28 lakh homes worth Rs 5 lakh crore in the top cities of the country are either completely stalled or delayed. Out of this, about...
Realty firms in small cities may be sidelined as top listed companies plan major foray
New Delhi: The big guns in real estate have now trained their eyes of smaller cities. The large and listed players plan to enter tier 2 and 3 cities w...
New launches of homes jumps 33% in Mumbai in Q2
New Delhi: The new launches of homes by realty firms in Mumbai jumped 33 percent in the second quarter of the current financial year as compared to th...
Online searches for homes goes up in June 2021
New Delhi: The online searches for homes went up in June 2021 as compared to the previous two months, according to Housing.com's 'IRIS' which is a mon...
Karnataka cuts stamp duty on registration of homes to 3%
New Delhi: With the impending third wave of corona, the Karnataka government has cut stamp duty on registration of homes priced between Rs 35 and Rs 4...
Housing demand in Chennai jumps 93% in H1 of 2021: Knight Frank
New Delhi: The housing demand in Chennai jumped as much as 93 percent in the first half of 2021 as compared to the same period of 2020. The sales of...
Luxury housing making a comeback amid pandemic
New Delhi: The luxury housing is making comeback of sorts, at least in Delhi NCR market. The houses priced above Rs 1.5 crore have become popular once...
RERA registration of at least 76 projects lapses in UP
New Delhi: The pandemic has started another kind of toll, that of real estate projects. The RERA registration of as many as at least 76 projects has l...
Mumbai now has 6 year low of piled up inventory of completed homes: ANAROCK
New Delhi: Mumbai now has six-year low levels of built-up inventory of completed homes waiting for buyers. City’s unsold inventory of houses reduced t...
New launches of homes jumps 74% to 21,839 units in April-June quarter
New Delhi: The new launches of homes jumped 74 percent to 21,839 units in the April-June quarter of the current year as compared to the same period of...
South India sees up to 4 times jump in home sales in Q2 2021
New Delhi: The second quarter of the current calendar year (April-June) has been a period of bumper sales in South India as compared to the same perio...
Ashiana Housing’s net loss narrows to Rs 5.2 cr for Q4FY21, full year net profit of Rs 4 cr
New Delhi: Ashiana Housing’s consolidated net loss narrowed to Rs 5.2 crore for the fourth of the last fiscal as compared to net loss of Rs 8.63 crore...
Mumbai records 2x mores home sales than Delhi in Q2 2021
New Delhi: The financial capital of the country Mumbai has outrun Delhi NCR in home sales by a factor of 2 in the second quarter (April-June) of the c...
2nd wave proves to be less damaging for residential realty
New Delhi: The first quarter of the previous fiscal (April-June) saw corona’s first wave wiping out the majority of sales in residential real estate i...
Arihant Superstructures clocks 95% jump in net profit at Rs 13.4 cr for Q4FY21
New Delhi: Mumbai-based Arihant Superstructures Ltd (ASL) has registered 95 percent jump in its net profit for the fourth quarter of last fiscal at Rs...
Faridabad's 2,550 flats built for slum-dwellers to be included in affordable housing scheme
New Delhi: Around 2,550 apartments in Faridabad that were built for slum-dwellers will now be included in affordable housing scheme started by the Uni...
Why owning a home suddenly become major priority for millenials? - Ashwinder- Bhartiya Urban
--By Ashwinder R Singh– CEO, Bhartiya Urban Millennials constitute almost half of India’s population—with a majority of them being salaried individua...
Top 4 Emerging Realty Trends After 2nd Wave In Housing Segment
--By Nripendra Malik, MD, Suparna Buildtech. Corona pandemic has altered many of the things and practices. It has impacted real estate as much as it...
Despite 2nd wave, Arihant Superstructures gets booking for 250 homes, launches 2 proj with 700 units
New Delhi: Despite the severe second wave of corona, Mumbai-based Arihant Superstructures Ltd saw 250 homes being booked while it launched two new pro...
Govt nod for 3.61 lakh houses under PMAY-U
New Delhi: The government has given its nod for construction of 3.61 lakh houses under Under Pradhan Mantri Awas Yojana - Urban (PMAY-U). These hous...
NAREDCO's ecom platform for homes HousingForAll.com bites dust
New Delhi: The portal launched with much fanfare by real estate industry body NAREDCO for sale of homes - HousingForAll.com has bitten dust already. T...
Top real estate brands increasing their market share in home sales
New Delhi: Home buying in the country gravitating towards large and trusted names in the real estate market. Out of 93,140 houses sold in first three...
ASK Grp invests this much in in Kalpataru Grp’s housing project in Pune
New Delhi: ASK Property Investment Advisors has made an investment of Rs 200 crore in Kalpataru Grp’s housing project in Pune. ASK Property Investme...
Despite corona pandemic, top 5 cities clock higher home sales in Q1 of 2021
New Delhi: Despite corona pandemic, top five cities in the county have logged higher sales of residential property in first quarter of the current cal...
Residential property sales recovers more than 90% of pre covid levels of 2020: JLL
New Delhi: The residential property sales in first quarter of the current calendar year (Jan-March 2021) recovered more than 90 percent of the sales v...
Signature Global gets Occupation Certificate for 2,200 affordable homes
New Delhi: Realty player Signature Global, has announced that it has received Occupation Certificate for two of its Affordable housing projects in Gur...
Fractional ownership leads to pocket-friendly investment in office real estate: Himanshu-Satellite Developers
The governments should take steps to encourage women to ivest in real estate. There is already a trend among Indian woemn to choose real estate over g...
Motia Grp will invest Rs 150 cr in housing project in Panchkula
New Delhi: Punjab-based realty player Motia Grp will invest Rs 150 crore in its housing project ‘Motia’z Harmony Greens’ in Panchkula. The project wil...
Mumbai, Pune account for highest share in housing sales among top cities
New Delhi: The housing property market in Mumbai and Pune are thriving and have left behind Delhi NCR in sales terms. It was Delhi NCR which dominated...
Home sales jump 44%, launches rise 38% in top cities in Q1: Knight Frank India
New Delhi: The housing property market in the major Indian cities has seen a decent jump in sales and launches during the Jan-March (Q1) of the curren...
Godrej Properties sells 275 homes worth Rs 475 cr in Noida project
New Delhi: Mumbai-based Godrej Properties, has sold 275 residential properties worth Rs 475 crore in its project ‘Godrej Woods’ in Noida. The project...
Prestige Estates to take over bankrupt Ariisto Developers’ project in Mumbai
New Delhi: Bengaluru-based Prestige Estates Projects will soon take over the stuck project of now bankrupt Ariisto Developers’ in Mulund suburb of Mum...
Shapoorji Pallonji to invest Rs 300 cr for 440 luxury flats in Bengaluru
New Delhi: Realty player Shapoorji Pallonji plans to invest Rs 300 crore for the development of 440 luxury flats in Bengaluru. It has just launched a...
Noida, Gr Noida admin to hold special camps for registering homes
New Delhi: The Noida and Greater Noida administrations will conduct special camps in March 2021 to help property buyers execute their property registr...
This bank is offering lowest interest rate on home loans in the history of India
New Delhi: Things are getting better on home loan front. SBI has cut interest rate by up to 10 basis points (bps) on home loan. Hence, the loans now s...
Godrej Properties to acquire two plots in Navi Mumbai for Rs 166 cr
New Delhi: Mumbai-based Godrej Properties Ltd will acquire two adjacent plots in Navi Mumbai for Rs 166 crore. These plots, measuring about 1.5 acre...
Axis Ecorp to invest Rs 250 cr in villa project in Goa
New Delhi: Axis Ecorp, a realty player focused on premium holiday homes and secondary housing, will invest Rs 250 crore in its luxury smart service vi...
Residential realty market gravitating big time towards big brands
New Delhi: The overall residential real estate market in the country remained 24 percent lower than the pre corona levels in the third quarter of the...
BPTP ‘Spacio’ buyers allege BPTP is forcing to pay massive amt as escalation charges
New Delhi: Property buyers BPTP ‘Spacio’ project in Sector 37D are saying that realty player BPTP is forcing them to pay up Rs 15 lakh as ‘Escalation...
Kalpataru Ltd to invest Rs 300 cr in residential project in Mumbai
New Delhi: Realty player Kalpataru Ltd will invest Rs 300 crore in its residential project ‘Kalpataru Park Riviera’ in Mumbai. The project will have...
HDFC Capital Advisors invests Rs 375 crore in Mumbai project
New Delhi: HDFC’s wholly-owned PE arm HDFC Capital Advisors has invested Rs 375 crore in Runwal Group's housing project in Mumbai’s Kanjur Marg locali...
Last day today for DDA’s Housing Scheme 2021, about 26k applications already
New Delhi: Today is the last day for the DDA’s Housing Scheme 2021 which has 1,354 apartments on offer. The scheme has goy overwhelming response so fa...
Few days remaining for DDA scheme, overwhelming response so far
New Delhi: DDA has received as many as 15,352 applications of the 1,354 flats on sale in the Housing Scheme 2021. The scheme got underway on 2 January...
Budget21:FM extends additional Rs 1.5 lakh tax deduction on home loan int, supports rental housing proj
New Delhi: The additional Rs 1.5 lakh tax deduction on the home loan interest has now been extended till 31 March 2022 by the government. The announce...
Residential real estate trends to watch out for in 2021
By-Editor-RealtynInfra.com The real estate industry, which accounts for a sizable chunk of the economy, is poised for greater growth trajectory and h...
Shapoorji Pallonji Real Estate plans invest Rs 4,000 crore for the development of mixed use project in Pune
New Delhi: Mumbai-based Shapoorji Pallonji Real Estate plans invest Rs 4,000 crore for the development of mixed use project in Pune. The project will...
DDA receives humongous response for Housing Scheme 2021
New Delhi: The Delhi Development Authority (DDA) has got very good response to the Housing Scheme – 2021. DDA has so far got 9,714 applications for th...
Home Interior Decor Trends to watch out for in 2021
--By AkashKohli, Founder & CEO – Elante Group With 2020 passing as the most unpredictable year in our lifetime, we need to look forward to what trend...
Migsun Grp inks JV with another realty firm for township proj, to invest Rs 250 cr
New Delhi: Realty player Migsun Grp has inked a JV with another real estate firm for the development of a township in Greater Noida. Migsun will inves...
Apartments shrink a whopping 20% in top cities
New Delhi: Apartments being offered by real estate developers countrywide are shrinking in size owing to the high real estate prices and market dynami...
Update: DDA receives these many applications for Housing Scheme 2021
New Delhi: Delhi Development Authority (DDA) has registered 46,000 people and received 8,500 applications so far for the 1,354 apartments that are on...
Bengaluru, Kolkata, Chennai, Delhi NCR see reduction in unsold stock of homes
New Delhi: Despite corona pandemic playing spoil sport for sales of residential property across the country, four major cities-Bengaluru, Kolkata, Che...
Residents of Emaar project in Gurugram launch hunger strike over upkeep woes
New Delhi: The homebuyers Emaar Gurgaon Greens in Gurugram’s sector 102 have begun hunger strike against non-maintenance of the project. There are se...
Amazon to invest USD 2 bn in affordable housing
New Delhi: In a significant real estate play by any technology firm, Amazon has committed an investment of USD 2 billion over next 5 years for about 2...
Update: DDA receives these many applications on Day 6 for Housing Scheme 2021
Update: Delhi Development Authority (DDA) has on day 6 received as many as 5,000 applications for the Housing Scheme 2021 offering 1,354 flats. Of the...
Housing.com joins hands with Urban Company, RentoMojo, Livspace to offer renting services
New Delhi: Property portal Housing.com has joined hands with Urban Company, RentoMojo and Livspace in order to provide renting and related services fo...
DDA housing scheme 2021 launches today: Important dates, other details
New Delhi: DDA is launching as many as 1,354 apartments in a new housing scheme stating today. These flats will be located in Jasola, Vasant Kinj, Man...
Mumbai sees historic jump in homes sales in December
New Delhi: The Maximum City has witnessed historic jump in housing sales in the last month of the current calendar year, that is, December as the stam...
Follow these steps to participate in mega property E-auction by SBI today
New Delhi: Leading lender State Bank of India has come out with a mega property e-auction event which is being conducted today, gthat is, 30 December....
These are the most affordable housing property markets in the country
New Delhi: Ahmedabad has emerged as the most affordable residential property market in the country. It obtained an affordability ratio of 24 percent i...
Bengaluru, Delhi NCR see many fold jump in new launches of homes in Q4
New Delhi: While Bengaluru witnessed over four-fold jump in new launches of residential property, Delhi NCR saw about three-times increase in the four...
Pune sees housing sales jump 147% in Q4
New Delhi: Pune saw the sharpest revival in sales of residential property in fourth quarter (Q4) of the current calendar year among the top cities in...
DDA to allot 1,210 new flats in 2021
New Delhi: DDA will come out with a housing scheme for 1,210 flats in various parts of the national capital like Jasola, Vasant Kunj, Dwarka, Manglapu...
Signature Global will invest Rs 500 cr in 2 new projects in Gurugram
New Delhi: Delhi NCR-based realty player Signature Global will invest Rs 500 crore in two new affordable projects ‘Signature Global Superbia’ and ‘The...
Housing sales jump 60% in 2nd quarter over previous quarter of current fiscal
New Delhi: The sales of residential properties jumped a whopping 60 percent in the second quarter of the ongoing fiscal as compared to the immediately...
Lodha Grp clocks Rs 1,000 sales In Oct
New Delhi: Mumbai-based realty player Lodha Group clocked Rs 1,000 crore in sales in October 2020. The company got bookings across its portfolio of ho...
Mumbai, Pune set to see over 30% housing sales in Q4: ANAROCK
New Delhi: Mumbai and Pune are emerging as the best bet for residential real estate market in the country. The cities are expected to witness 36 and 3...
Top Indian cities to see housing sales to go up by this much in festive season
New Delhi: The top seven cities are expected to see 35 percent jump in housing sales in current festive quarter (October –December as compared to July...
Housing sales jumps 85% in Q3 of this calendar year
New Delhi: The housing sales jumped 85 percent in the third quarter of the current calendar year at 35,132 units as compared to the immediately preced...
Godrej Properties to add another project in Bengaluru
New Delhi: Mumbai-based Godrej Properties Ltd (GPL) will develop a group housing project over 15 acres in Sarjapur, Bengaluru. The company has condu...
Homes worth Rs 88,730 cr sold in first nine months of 2020 in top 7 cities
New Delhi: The top seven cities witnessed homes worth Rs 88,730 crore being sold in the first nine months of the current calendar year. This was 43 pe...
Mumbai, Pune have 33,500 ready to move houses, another 55,750 will be ready by March 2021
New Delhi: There are 33,500 ready to move houses in major cities of Maharashtra-Mumbai and Pune. Another 55,750 homes will be completed by march 2021....
ICICI Bank cuts int rates, home loans to become cheaper
New Delhi: ICICI Bank has slashed MCLR rates by 0.10 percentage points for all the tenors with effect from 1 August 2020. The new one year MCLR has b...
Corona virus wipes off 79% housing sales, 81% new launches in the lockdown quarter
New Delhi: Coronavirus pandemic wiped off 79 percent housing sales in the country in the April-June quarter compared to the corresponding quarter of 2...
Mumbai property price corrects 3.2%, developers offering 18% or higher discounts
New Delhi: Mumbai has seen weighted average prices of property go down by 3.2 percent in the first half (H1) of the current calendar year as compared...
Demand for homes to go down 25 % in current fiscal: Ind-Ra
New Delhi: The demand for residential properties will go down 25 percent in the current fiscal as compared to the last financial year, according to In...
Corona wipes of 67% of housing sales in Q2 of 2020
New Delhi: Corona virus and the lockdown has knocked out 67 percent of housing sales in the top nine cities in India in the second quarter (Q2) of 202...
Govt approves affordable rental housing complexes for urban migrants; Pvt developers can participate in construction
New Delhi: Government has approved a proposal for development of Affordable Rental Housing Complexes (AHRCs) for urban migrants and the poor people un...
How far residential realty has been knocked down in April, May and June?
New Delhi: The corona pandemic and the resultant lockdown has knocked down real estate industry really hard with as much as 81 percent sales being wip...
Delivery of 8.78 lakh homes most likely to be delayed: ANAROCK
New Delhi: As many as 8.78 lakh home buyers will most likely have longer for getting delivery of their homes that were scheduled this year and next i...
Residential property sales tanks 30% in Q1 of 2020 to 27,451 units: JLL
New Delhi: The residential property sales have tanked 30 percent in first quarter (Q1) of 2020 as the homebuyers deferred purchases. The number of hom...
Annual residential property price increase slowing with time
New Delhi: Average home prices in the top seven cities witnessed an increase of 38 percent in the 10-year period from 2010 to 2020. The average house...
Mumbai hit really hard by corona; housing sales fall in double digits
New Delhi: The financial capital of the country Mumbai has been hit hard by the current corona virus pandemic where housing sales have been impacted b...
Govt to provide affordable rental homes in cities to migrant workers
New Delhi: The government today said it will provide affordable rental homes in metros and other cities to migrant labourers and workers under Pradhan...
Corona strikes Delhi NCR realty Market hard; wipes off 26% housing sales in Noida
New Delhi: The current corona virus pandemic has hit the business of real estate hard. The pandemic has wiped off 26 percent of housing sales in Noida...
Corona hits Kolkata property market really hard, knocks off 41% housing sales
New Delhi: The corona virus pandemic has hit the Kolkata property really hard. The housing sales has been impacted to the extent of 41 percent in the...
Around 45% property owners anticipate prices of properties to fall
New Delhi: Around 45 percent property owners in the country anticipate the prices of properties to fall. About 10 percent are expecting an increase in...
Prices of residential property in Mumbai expected to fall by 8-9%: Knight Frank
New Delhi: Prices of residential property in India’s financial capital Mumbai is expected to fall by 8-9 percent by the end of 2021 as the spread of c...
Corona wipes off 23-39% of housing sales in south India
New Delhi: The property market in all the three major cities of South India have been badly affected by the corona virus-led lockdown. Bengaluru, Hyde...
Real estate once again emerges as favourite investment asset class: ANAROCK
New Delhi: Almost half the peaple in the country prefer real estate as their favourite investment asset class. In survey conducted by property constan...
Pune real estate market hit hard by corona, sales tank
New Delhi: The Pune real estate market has been hit due to the corona virus pandemic and the sales of residential properties is down 15 percent in the...
India will see supply of 8.70 lakh new houses in the next 24 months
New Delhi: India will see supply of 8.70 lakh new houses in the next 24 months, or in the current and the next fiscals, in the top nine cities if the...
Lodha Developers sells 300 properties during lockdown
New Delhi: Mumbai-based Lodha Developers has 300 properties in its various projects in Mumbai since the start of the lockdown period in the country ab...
The Guardians Real Estate Advisory sells properties worth Rs 318 cr on Akshay Tritiya
New Delhi: Mumbai-based Property consulting firm The Guardians Real Estate Advisory has generates sales worth Rs 318 crore for three realty projects o...
Unsold stock of homes goes down 15% in Jan-March period of 2020
New Delhi: The current dismal scenario amid corona virus pandemic notwithstanding, the unsold stock of houses in the country has declined by as much a...
78,000 homes Out of 6.44 lakh unsold ones are ready to move
New Delhi: Around 78,000 homes out of the 6.44 lakh unsold houses in the top seven citi4s of the coutyr are ready-to-move. These 78,000 unitsare worth...
LIC Housing Finance Cuts Interest Rates for home loans
New Delhi: LIC Housing Finance has slashed interest rates significantly for individual home loan borrowers. The interest rate for new customers havin...
Corona wrecks havoc with Gurugram realty, takes away three-fourths of housing sales in the city
New Delhi: Gurugram property market has been badly hit where the corona virus epidemic and the lockdown has taken away three-fourths of the housing sa...
Housing sales down by a quarter, new launches down by more than half in Q4 of FY20
New Delhi: Residential property sales dropped by more than a quarter at 26 percent in the Jan-March Period of 2020 or the fourth quarter of financial...
Home Loan Refinancing - A Viable Option for NRIs During COVID-19 Crisis
NRIs may be steadfast patrons of property investments in India, but the current COVID-19 crisis has toppled economies and personal finances worldwide...
Realty PE Arm Of Motilal Oswal Raises Rs 1,150 Cr For 4th Fund
New Delhi: The real estate private equity business of Motilal Oswal Financial Services (MORE) has raised as much as Rs 1,150 crore for its 4th real es...
NoBroker.com Raises Another USD 30 Mn
New Delhi: Bleak prospects of real estate industry amid corona virus-led lockdown notwithstanding, NoBroker.com has raised USD 30 million in a round l...
Value of Unsold Houses In Mumbai Almost Double Of Delhi NCR
New Delhi: Delhi NCR, with includes the important submarkets of Gurugram, Noida and others, is far behind Mumbai in terms of value of unsold houses....
Kolte Patil Grp Sells 5.42 Acres land In Pune To UK Company For Rs 91 Cr
New Delhi: Pune based Kolte-Patil Developers Group company with a UK-based realty firm Planet Smart City for land monetization of one of its projects...
Over 6 Lakh Affordable Homes Negatively Impacted Due To Corona Outbreak
New Delhi: The affordable segment of hoses have been negatively impacted due to the ongoing corona virus pandemic. As many as 6.1 lakh affordable home...
Sunteck Realty's ‘AA-’ long-term and ‘A1+’ short-term ratings reaffirmed by CARE
New Delhi: Mumbai based Sunteck Realty Ltd has got its Long-Term Issuer Rating at 'CARE AA-' with Stable outlook and Short-Term Issuer Rating at 'CARE...
Over Half Of Luxury Homes Launched In Last 3 Yrs Remain Unsold
New Delhi: Over half of the luxury houses launched in the top nine cities of the country in the last three years remain unsold. As many as 1,131 home...
Housing Sales Tank 29% IN Q1 of 2020, Unsold Stock Of Houses Also Goes Up
New Delhi: The sales of homes dropped substantially by 29 percent in the first quarter (Q1) of 2020 as compared to the corresponding period of 2019. T...
Godrej Properties To Develop 2 New Housing Projects in Mumbai
New Delhi: Mumbai based Godrej Properties Ltd plans to developed two new housing projects in Worli and Matunga of Mumbai having a total saleable area...
Godrej Properties Reports 11% Jump In Value Bookings At Rs 5915 Cr In FY20
New Delhi: Mumbai based Godrej Properties Ltd (GPL) today reported 11 percent jump in total value of property bookings at Rs 5,915 crore in the 2019-2...
Corona Outbreak Wrecks Havoc With Realty In Pune, Kolkata
New Delhi: The outbreak of the deadly corona virus and the resuatnt lockdown has caused major losses to the realty industry in the entire country, esp...
B'Lore, Hyd, Chennai See Drop Of 45% In Home Sales
New Delhi: The sales of residential property in three important South Indian markets of Bengaluru, Hyderabad and Chennai tanked 45 percent in first qu...
Delhi Outweighs Mumbai Residential Realty Market For New Launches In Q1 Of 2020
New Delhi: Delhi NCR real estate market saw a decline of only 23 percent in terms of new home launches by developers while Mumbai saw a massive 61 per...
Sales, New Launches Of Homes Tank 42% In Q1 Of 2020
New Delhi: Corona virus outbreak has brought the real estate industry down to its knees as sales and new launches tanked 42 percent each in the first...
Completion Of 16 Lakh Under-Construction Houses Jeopardized Due to Covid19
New Delhi: The outbreak of Covid19 has jeopardized the completion of about 16 lakh houses that are under construction in top seven cities of the co...
Godrej Properties Comes Up With Project In Faridabad On 43.61 Acres
New Delhi: Mumbai-based Godrej Properties will offer residential plotted development in Faridabad in Delhi NCR on 43.61 acres of land acquired from BP...
Most Senior Citizen Housing Projects In South India
New Delhi: India has about 40 housing projects for the senior citizens and 26 of them are in South India, accounting for 65 percent of the overall pro...
Signature Global Obtains Occupancy Certificate For Andour Heights Project
New Delhi: Realty firm Signature Global has obtained occupancy certificate for its housing project Andour Heights located in Sector 71, Gurugram. Wi...
Mere 2% Rise In Houses Prices Expected In 2020: Reuters Poll
New Delhi: The residential property market in India is expected to be slow all throughout 2020, according to a Reuters poll of market experts. Proper...
Mumbai Outweighs Delhi In Terms Of Women’s Preference For Buying Property
New Delhi: Mumbai has emerged as the first choice in the country for women prospective buyers of property while Delhi is the second preference for the...
About 5,000 Dabbawalas Of Mumbai To Get Houses Under PMAY
New Delhi: About 5,000 dabbawalas in Mumbai will get houses for themselves under the Pradhan Mantri Awas Yojana (PMAY). The Maharashtra government pl...
Majority Consider Investment In Realty Safe Now: ANAROCK
New Delhi: A majority of people consider investment in real estate a safe option because of various policy interventions like Alternative Investment F...
Godrej Properties Buys 3-acre Land In Mumbai For Residential Project.
New Delhi: Godrej Properties Ltd has purchased a 3-acre land in Mumbai for a housing project. The company will develop the project having a saleable...
Ashiana Housing Ltd’s Area Booking Jumps Two Fold
New Delhi: Ashiana Housing Ltd’s total area booking jumped two fold in the first nine months of the current fiscal as compared to the same period og t...
Mumbai Developers Faster Than Delhi Realty Firms; Average Waiting Time 6.5 years For Home Buyers In the Country
New Delhi: Mumbai realty market is better than that of Delhi NCR in terms of average waiting time for the homebuyers to get their houses which they bo...
Supreme Court Receiver Yet To Get Enough Cash To Hand Over 10 Of The 17 Amrapali Projects: NBCC
New Delhi: While the Supreme Court has handed over 7 of the stuck Amrapali projects to NBCC Ltd for completion, the Supreme Court receiver does not ha...
Godrej Properties Buys 27-acre Land In Delhi For Rs 1,359 Cr
New Delhi: Mumbai-based Godrej Properties has announced it has acquired a 27-acre land in Delhi for Rs 1,359 crore for a luxury housing project. The p...
All 1.12 Cr PMAY Homes To Be Sanctioned By Next Month: Puri
New Delhi: All the remaining 1.12 crore houses under the Pradhan Mantri Awas Yojana (PMAY) will be sanctioned by the government by next month, said H...
Half Of All Unsold Stock Of Residential Property In 2019 Are Affordable Homes: Proptiger
New Delhi: With all the hype around affordable homes in the country, new data suggests that as much as half of the unsold stock of completed houses in...
Govt Extends Additional Deduction Benefit Of Rs 1.5 Lakh For Affordable Houses By One Year
New Delhi: In an effort to support the ailing real estate sector, Finance Minister Nirmala Sitharaman today increased the limit by one year for avilin...
Mumbai Has More Than Twice The Number Of Luxury Homes Lying Unsold Than Delhi NCR
New Delhi: Mumbai has more than twice the number of luxury properties lying unsold than Delhi NCR at the end of 2019. While the Maximum City has 48,97...
House Launches Drops By More Than Half In 2014-2019 Period; Delhi Worst Hit, Hyd Stand Out
New Delhi: The total launches of houses in the top cities of the country dropped by more than half to just 2.30 lakh units in 2019 as compared to 2014...
Villas No More An Option For Buyers In Mumbai, Kolkata, Pune; Other Cities Too See Declining Trend Of This House Type
New Delhi: Villas are not going out of fashion and fewer launches of this housing type are taking place across the country. Of the 2.37 lakh houses la...
Godrej Properties Starts Sale Of Properties At Iconic RK Studios
New Delhi: Godrej Properties Ltd is starting the sale of properties at RK Studio in Chembur in Mumbai. On offer will be 3BHK and 4BHK flats in the p...
Major Indian Cities Including Mumbai Record Degrowth In Home Prices In 2019
New Delhi: There is a degrowth in prices of residential property in many parts of the country including the top cities like Mumbai, Kolkata, Chennai a...
Hyderabad Has Maximum Appreciation In Home Prices In India
New Delhi: Hyderabad is the only Indian city among the top 20 globally which has seen apperception in residential real estate prices. It has ranked 1...
HousingForAll.com Now Available In Regional Languages
New Delhi: Residential property website Housingforall.com has now been launched in various vernacular languages of the country so that more and more p...
High Rises Register Highest Ever Share In Overall Housing Projects Launches In 2019
New Delhi: As the population in the country soars and land becomes increasingly scare, the residential projects in the country are getting taller. Out...
‘The Grand Arista’ Obtains Completion Certificate
New Delhi: Housing project ‘The Grand Arista’ by Sunworld Group in Sector 168 in Noida has obtained Completion Certificate for four of its 6 towers ha...
Portal For Housing Projects Launched
New Delhi: To cash in on the current trend of online sales and deep penetration of internet, a portal ‘Housingforall.com’ has been launched today that...
Signature Global To Invest Rs 375 Cr In Affordable Project In Gurugram
New Delhi: Realty player Signature Global will invest Rs 375 crore for development of an affordable housing project in Gurugram. The project 'Signatur...
What Are Your Rights As A Tenant Of Residential Property?
A tenant has some important rights enshrined in law and cannot be taken for granted by the landlord. The tenant has many avenues to approach in case t...
Hyderabad Has Maximum Rental Yield In The Country
New Delhi: Hyderabad continued to be an attractive and promising real estate market and it has emerged as the highest rent yielding city in the countr...
Now, SBI Home Loans Come With Guarantee Of Refund Of Homebuyers' Money If Project Is Delayed
New Delhi: In first offering of its kind by any bank, State Bank of India (SBI) has come out with Residential Builder Finance with Buyer Guarantee (RB...
Hines, Conscient Infra Award Rs 500 Cr Contract To Tata Projects Ltd For Building Their Housing Project
New Delhi: Global real estate player Hines and Indian real estate firm Conscient Infrastructure Pvt Ltd have awarded Rs 500 crore construction contrac...
Home Sales Rise By A Paltry 1% In 2019
New Delhi: The residential real estate market in the top eight cities of the country witnessed a paltry one percent increase in 2019 as compared to 20...
Gujarat, UP, AP Account For 35% Of Completed Houses Under PMAY-U
New Delhi: Gujarat, Uttar Pradesh (UP) and Andhra Pradesh (AP) have taken a lead over other states in the number of houses constructed under Pradhan M...
With Less Than 1% Growth In Home Prices, India Ranks 47th Globally
New Delhi: With meager 0.6 percent increase in home prices this year, India has ranked 47th among 56 countries in the Knight Frank Global House Price...
Housing Sales Up 5%, New Supply Jumps 21% In 2019
New Delhi: The housing sales went up 5 percent in the top seven cities of the country in 2019 as compared to 2018. The total number of houses sold in...
Sales Of Homes Higher In 2019 By 6% Over 2018
New Delhi: Sales of residential property increased six percent in 2019 as compared to 2018. A total of 1.43 lakh houses were sold in 2019 as against 1...
MRG World To Invest Rs 200 Cr In Housing Project In Gurugram
New Delhi: MRG World will invest Rs 200 crore in an affordable housing project in Gurugram. The project ‘Ultimus’ will be spread over 5 acres of land...
Sunteck Realty Sells Luxury Flats Worth Rs 200 Cr
New Delhi: Mumbai-based Sunteck Realty Ltd has sold 125 flats worth Rs 200 crore in ‘Sunteck City’ in about three weeks. The project is located at Os...
Price Difference Between Ready To Move And Under Construction Homes Shrinking
New Delhi: The difference in prices of ready to move (RTM) and under construction (UC) homes is reducing every year with the difference now just 3-7 p...
Sales Of Homes In 2019 Registers Modest Increase Of 4-5% Over 2018: ANAROCK
New Delhi: The sales of residential properties registered a modest increase of 4-5 percent in 2019 as compared to 2018, according to ANAROCK Property...
UPRERA Cancels Registration of Festival City Phase-I in Gautam Buddha Nagar
New Delhi: Acting tough on rogue developers, UP-RERA has de-registered real estate project Festival City Phase-I in Gautam Buddha Nagar. The developer...
60% Of Homebuyers Prefer Ready To Move or Near-Completion Properties
New Delhi: Poor track of completion of projects by builders had led to around 60 percent of home buyers getting inclined towards those properties whic...
Delhi NCR, Mumbai, Bengaluru Will Get 1.31 Lakh Homes Delivered In Next One Year
New Delhi: Delhi NCR, Mumbai and Bengaluru, the three largest real estate markets in the country will see about 1,31,470 homes being completed and del...
1.13 Lakh Affordable Homes To Be Delivered By Next Year In Top Cities: ANAROCK
New Delhi: Around 1.13 lakh homes priced less than Rs 40 lakh will be completed and delivered across the top cities of the country by the end of the n...
Signature Global To Invest Rs 380 Cr In Two Affordable Projects In Gurugram
New Delhi: Realty player Signature Global plans to invest Rs 380 crore in two residential project in Gurugram in the next four years. The two project...
Govt To Set UP Rs 25,000 Cr Fund For Stuck Housing Projects
New Delhi: In a move that can potentially bring significant relief to home buyers in the country, government today announced setting up of an Alternat...
MRG World To Invest Rs 200 Cr In Affordable Housing Project In Gurugram
New Delhi: Realty player MRG World will invest Rs 200 crore in its newly launched residential project ‘The Meridian’ at Sector 89, Gurugram. The proj...
Noida, Greater Noida, Ghaziabad See 26% Drop In Unsold Stock Of Housing Units
New Delhi: Noida, Greater Noida and Ghaziabad have seen 26 percent decline in unsold stock of residential units in the last two years. The total unso...
New Launches Of Residential Property Nosedives This Festive Season
New Delhi: The new launches of residential units have come down to almost half in the festive month of October 2019 (which covered Navratras and Diwal...
Another 2.31 Lakh Houses Approved Under PMAY Scheme
New Delhi: Government has approved construction of 2.31 lakh houses under the Pradhan Mantri Awas Yojana (Urban). The total number of houses sanctione...
Signature Global Delivers 824 Units in Gurugram Project
New Delhi: Real estate player Signature Global has received occupancy certificate (OC) for its ‘Synera’ project that is located in Sector 81, Gurugram...
Housing Sales In Q3 Tank 17% In Value Terms
New Delhi: The value of residential property sold in the third quarter of the current year tanked 17 percent to Rs 42,040 crore as compared to Rs 50,5...
Salarpuria Sattva Group Launches Residential Project In Bengaluru
New Delhi: Real estate player Salarpuria Sattva Group has launched a residential project by the name of ‘Salarpuria Sattva Exotic’ in Bengaluru which...
81,300 Unsold Houses Ready For Possession: ANAROCK
New Delhi: About 81,300 residential units out of the 6.56 lakh units that are lying unsold in the top 7 cities of the country at the end of third quar...
Unsold Inventory Of Flats In Gurugram, Noida, Greater Noida At 1.09 Units
New Delhi: The unsold residential units in Delhi NCR markets like Greater Noida, Noida, and Gurugram stood at about 1.09 lakh In July end 2019. Of thi...
Realty In Shambles! House Prices Lower Now Than In 2013-14 In Delhi, Gurugram
New Delhi: The prices of houses in Delhi and Gurugram have gone down since 2013-14. Yes, you read it correct. A house can bought now at lower rate tha...
Faridabad Sees New Launches Of 1,190 Housing Units In Q3 of 2019
New Delhi: The number of new launches of housing property in DelhiNCR's Faridabad market stood at 1,190 units in third quarter (Q3) of 2019. There was...
Mumbai Accounts For 67% Share Of New Launches of Homes In Mumbai Metropolitan Region
New Delhi: Mumbai Metropolitan Region saw new launches of residential property to the tune of 14,040 units in the third quarter (Q3) of the current ca...
New Launches Of Housing Property In Gurugram Goes Up 75% In Q3 Of 2019
New Delhi: Out of the total 5,790 housing units launched in Delhi NCR market in third quarter (Q3) of the current calendar year, the maximum launches...
In A First, Noida Sees No New Supply of Residential Property In An Entire Quarter
New Delhi: There has been absolutely no new launch of residential property in Noida, a prime real estate market of the country, in the third quarter (...
Housing Sales Almost Flat In Q3 of 2019: JLL
New Delhi: The sales of homes in the country declined one percent in the third quarter (Q3) of the current calendar year as compared to same period of...
Housing Sales Tank By Almost A Fifth In Q3 of 2019
New Delhi: Owing to a general slowdown in the economy and various other factors, the sales of residential property has tanked 18 percent in the third...
Tulip Infratech Launches Housing Project in Gurugram
New Delhi: Realty firm Tulip Infratech is launching a luxury residential project ‘Tulip Leaf’ in Sector 69 of Gurugram, according to a statement. The...
OYO LIFE To Provide Co-Living Options To Students of IIT-Delhi, Plaksha University
New Delhi: Co-living operator OYO LIFE has announced its tie up with IIT-Delhi and Plaksha University in Gurgaon to manage co-staying facilities for t...
Current Shortage Of 4 Cr Homes In The Country: LIC Housing Finance
New Delhi: There shortage of about 4 crore houses in both urban as well as rural parts of the country and various demographic factors could lead to a...
Average Apartment Sizes Goes Down 27% Since 2014: ANAROCK
New Delhi: The average residential property sizes has gone down by over a quarter at 27 percent since 2014 in the top seven cities in the country, acc...
Sunteck Signs JDA For Mixed Use Project With Revenue Potential of Rs 2,500 Cr
New Delhi: Mumbai-based Sunteck Realty has taken over a project in Andheri with potential for development of about 1.1 million sq ft of saleable area...
Ahmedabad Emerges Top Preference For Real Estate Investors
New Delhi: Ahmedabad has emerged at the top choice of real estate investors who are looking to park their funds in tier2 and tier 3 cities in the coun...
Signature Global To Invest Rs 175 Cr In Affordable Housing Project In Gurugram
New Delhi: Real Estate firm Signature Global plans to invest Rs 175 crore in an affordable residential project ‘Signature Orchard Avenue’ in Gurugram,...
How Many Home Buyers Can Benefit From New Stress Fund For Realty Sector?
New Delhi: The recently announced Rs 10,000 stress fund by the government for real estate sector could potentially benefit about 2.5 lakh housing unit...
Chennai Has Fewest Delayed Projects Among Top 7 Cities
New Delhi: Even as the government has announced plans to set-up Rs 10,000 crore fund to help stuck housing projects, Chennai has emerged as the city w...
Will Rs 10,00 Cr Stress Fund Help Home Buyers In Delhi NCR?
New Delhi: The announcement by the government to set up a Rs10,000 crore fund to provide last mile funding to stuck housing projects may come as a sig...
Rs 10,000 Cr Fund To Be Launched To Help Stuck Housing Projects: Nirmala Sitharaman
New Delhi: In a significant move to help the aggrieved home buyers across the country who are waiting to get possession of their houses, the governmen...
County Group Will Invest Rs 300 Cr In Its New Housing Project
New Delhi: Real estate player County Group will invest Rs 300 crore in its new affordable luxury housing project ‘Coco County’ at Greater Noida West i...
Mumbai Most Suited In India For Co-living Model: Knight Frank
New Delhi: Mumbai has emerged as the most likely destination in India where co-living as a concept can succeed, according to a report by real estate c...
Three Most Expensive Residential Micro-Markets In The Country Belong To Mumbai: ANAROCK
New Delhi: All three most expensive primary residential real estate markets belong to Mumbai with Tardeo locality leading the pack with average price...
Delhi NCR Lags Behind Mumbai, Pune In New Residential Supply In Q1FY20: Liases Foras
New Delhi: Delhi NCR, comprising of important sub markets like Gurugram and Noida, has lagged behind Mumbai and even Pune in supply of new residential...
Sale Of Affordable Houses Down & That Of Ultra Luxury Units Up: Liases Foras
New Delhi: With all the recent buzz around affordable housing in the country, latest data shows sales of affordable residential units (priced up to Rs...
Home Prices To Rise By Mere 1 % This Year; 2% in 2020: Reuters Poll
New Delhi: Residential property prices are expected to rise by mere 1 percent this year and 2 percent in next, according to recent poll of property ex...
Cheaper Home Loans: PNB And Allahabad Bank To Link Loans With Repo Rate
New Delhi: Home loans continue to be become cheaper in the country with Punjab National Bank (PNB) and Allahabad Bank now linking retail loans with th...
Signature Global To Invest Rs 200 Cr in Affordable Housing Project In Gurugram
New Delhi: Real estate player Signature Global will invest Rs 200 crore in a span of four years for the development of an affordable housing project i...
Embassy Group To Foray Into Co-living Business, Plans 1 Lakh Beds In 5 Yrs
New Delhi: The trend of realty firms foraying into co-living business continue unabated with the latest to join the band wagon being Embassy Group whi...
Realty Heavyweight Brigade Group Plans Foray Into Co-living Biz
New Delhi: Bengaluru-based Brigade Enterprises plans to foray in the lucrative co-living business and has zeroed in on its flagship mixed used project...
Noida Has Unsold Housing Units Worth Rs 18,380 Cr: Report
New Delhi: Noida has unsold housing stock of 20,860 units that are worth Rs 18,380 crore and it will take 37 months for this stock to get cleared, say...
Delhi NCR Will Take 44 Months To Clear Current Stock Of Unsold Housing Property: ANAROCK
New Delhi: The unsold property overhang in Delhi NCR has come to 44 months in second quarter (Q2) of the 2019 as compared to 65 months in the same per...
Home Prices Likely To Fall With Ban On Subvention Schemes
New Delhi: Those looking to buy homes for themselves in the next few months are likely to benefit from a cut in property prices. The recent move by Na...
About 4 Lakh Affordable Homes Lying Unsold In Major Cities: PropTiger.com
New Delhi: The number of affordable homes lying unsold in country’s major cities at the end of June 2019 was a staggering 4 lakh units priced up to Rs...
Co-living Industry Likely To Touch Rs 99,700 Cr Mark By 2023: Report
New Delhi: The market size for co-living industry in India is expected to touch Rs 99,700 crore mark by 2023 from Rs 45,800 crore in 2018, representin...
LIC Housing Finance Gross NPA Doubles In March 2019
New Delhi: LIC Housing Finance Corporation’s gross non-performing assets (NPAs) have more than doubled for the 2018-19 fiscal at Rs 2,971.69 crore as...
Gross NPAs Of Housing Finance Companies For Home Loans Segment To Increase In FY20
New Delhi: The non performing assets (NPAs) of housing finance comapneis (HFCs) for home loan segment are expected to increase to 1.1 – 1.3 percent ov...
Sobha Ltd launches GIFT City's First Residential Project
New Delhi: Bengaluru-based realty player Sobha Ltd has launched ‘SOBHA Dream Heights’, the first residential project of Gujarat International Finance...
Home Prices Unlikely To Rise In Next Six Months: Survey
New Delhi: Prices of residential property are unlikely to appreciate in the next six months in the country, said 75 percent of the real estate develop...
Signature Sattva Infratech To Invest Rs 500 Cr in Housing Project In Rajasthan
New Delhi: Realty player Signature Sattva Infratech plans to invest Rs 500 crore to develop a housing project in Alwar, Rajasthan over the next four y...
This Bank Is Paying Money To Customers For Taking Home Loans! Loans Being Offered at Negative 0.5 % Interest Rate
New Delhi: A bank in Denmark-Jyske Bank- is offering home loans at negative 0.5 (-0.5) percent, which basically means it is paying its customers to bo...
Home Loan EMIs May Go Down Further In Oct-Nov
New Delhi: The EMIs for home loans are already headed southwards in the county and many go down further in the next 2-3 months. The Reserve Bank Of In...
Delhi-NCR Continues To Lag Behind Hyderabad In Launch Of Ultra-Luxury Homes
New Delhi: In an emerging trend in recent years, Delhi NCR is lagging behind Hyderabad in the launch of ultra-luxury housing units. The number of laun...
Luxury Housing Launches Triples In 2 Years Since DeMo: ANAROCK
New Delhi: The number of launch of luxury housing units costing above Rs 1.5 crore tripled in first half (H1) of 2019 as compared to H1 of 2017, the p...
Home Loans From SBI To Get Cheaper, MCLR Cut By 15 Basis Points
New Delhi: Within hours of Monitory Policy Committee (MPC) reducing Repo Rate today, country’s largest lender SBI announced a cut of 15 basis points i...
Thapar Builders Gets Completion Certificate For Ghaziabad Project
New Delhi: Thapar Builders has received completion certificate for its residential real estate project ‘The Arthah’ earlier this month, it said in a s...
Residential Real Estate Market To Double by 2030: CREDAI-CBRE Report
New Delhi: The residential real estate in India can potentially double from the current stock of 15 lakh units to 30 lakh units by 2030 in the key cit...
2 Trillion USD Needed To Meet Housing Shortfall Of 11 cr Houses: NAREDCO
New Delhi: An investment of 2 trillion USD till 2022 is needed to meet the housing shortfall of 11 crore housing units, the National Real Estate Devel...
Provident Housing Emerges Top Brand For Affordable Homes In Knight Frank-RICS Survey
New Delhi: Bengaluru-based Provident Housing, a subsidiary of Puravankara Ltd, has emerged as topmost affordable housing brand in the country as perce...
Loans To Real Estate Sector BY NBFCs Halves in FY19: JLL
New Delhi:Net disbursals by Non-Banking Financial Companies(NBFCs)/Housing Finance Companies (HFCs) to real estate developers dropped by almost half f...
NBCC To Get 8% Fee For Amrapali Projects
New Delhi: Public sector undertaking (PSU) NBCC’s commission has been fixed at eight percent for construction the stalled real estate projects of Amra...
1.74 Lakh Homes In 220 Projects Stalled In Top 7 Cities: ANAROCK
New Delhi: Over 1.74 houses are stuck in 220 stalled real estate projects that have been launched in 2013 or before in top seven cities of the country...
Oberoi Realty Net Profit Down 50% at Rs 152 Cr For Q1FY20
New Delhi: Mumbai-based Oberoi Realty recorded a 50 percent decline in its net profit at Rs 152.07 crore for the first quarter ended June 2019 as comp...
Housing Sales Fall 11% in 9 Cities in June Quarter: Proptiger
New Delhi: Housing sales declined 11 percent to 72,000 units while new housing supply fell 47 percent to 37,852 units in April-June quarter in the top...
Luxury Housing Back on Track with NRI Investors
Luxury Housing Back on Track with NRI Investors ---By Shajai Jacob, CEO - GCC (Middle East) ANAROCK Property Consultants The Indian luxury...
Smart and Automated Homes – The Way Forward for Sustainable Living
Smart and Automated Homes – The Way Forward for Sustainable Living ---By Ashish R. Puravankara, Managing Director, Puravankara Ltd. In 1923, Swiss-F...
Arihant Superstructures Wins Award For Affordable Housing
New Delhi: Realty firm Arihant Superstructure Ltd has been awarded with the prestigious ‘Developer of the Year – Affordable Housing’ for 2019, by ZEE...
Housing Sales Drop 13 Percent In Q2, 2019
New Delhi: Housing sales in the top seven cities of the country declined by 13 percent in the second quarter (April-June) of 2019 at 68,600 units as c...
Real Estate Industry Excited After Union Budget
The real estate consultants and players are excited about the Union Budget 2019-20 Announcements and expect the industry will get help from the provis...
Real Estate Developers Across India Hail Union Budget Provisions
The Union Budget 2019-20 announcements have been lauded by the real estate developers spread across the country who think there will be all-round deve...
Delhi-NCR Based Realty Developers Welcome Union Budget Announcements
Real Estate developers in Delhi NCR have largely welcomed the Union Budget announcements and said there that will be immediate benefit to the sector....
Union Budget: Govt To Undertake Reforms To Promote Rental Housing
Aimed at providing vivacity to the housing sector, the Finance Minister Nirmala Sitharaman announced in the Union Budget 2019-20 that measures would b...
BSE Realty Index Down 3.6 % After Budget Announcements
The BSE Realty Index closed 81 points or 3.6 percent lower today after the Union Budget was presented by Finance Minister Nirmala Sitharaman in Parlia...
Union Budget: Govt Announces Booster Dose For Rural Roads, Other Infra
In order to boost infrastructure in the rural areas, Government plans to upgrade 1,25,000 kms of road length with an expected cost of Rs 80, 250 cr...
Interest Deduction Limit Hiked By Rs 1.5 lakh For Affordable Houses
With a view to boost housing sector, the government today hiked the interest deduction limit for home buyers to Rs 3.5 lakh per annum from Rs 2 lakh p...
Godrej Properties raises Rs 2,100 cr equity capital through QIP route
Godrej Properties on Saturday said it has raised ₹ 2,100 crore by issuing equity shares to qualified institutional buyers (QIBs). The QIP committee...
Real Estate Companies Unfair In Charging High Penalty From Buyers: Court
Real estate developers pay a penalty of mere 1.5 percent in delay of delivery of properties while they charge 18 percent from buyers when they are lat...
NIFTY Realty Index Gives Massive Returns In 2019 So Far
The NIFTY Realty Index has given a return of 19 percent in 2019 so far on the back of better-than-expected sales of real estate developers. The NIFTY...
Govt Not To Help Ailing Real Estate Companies: Minister
The Government has ruled out lending a helping hand to the real estate industry which has been battered by sluggish sales and rising inventory levels....