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Govt's fund will help complete up to 2.5 lakh housing units in 7 major cities

In the fund, Rs 10,000 crore will be contributed by the central government and roughly the same amount will come from outside investors.

Ajnara group to invest Rs 300 crore on housing project in Ghaziabad

"With all the government clearance in place, we are coming up with a new project - Ajnara Fragrance," Ajnara India CMD Ashok Gupta said.

Commercial real estate still has many bankable projects

The current pace of growth in lending to the sector is higher than lending to any large or medium and small enterprise, which have seen low single-digit growth, data indicates.

Realtors cut flat sizes in weak market

Change in strategy a result of new dynamics amid liquidity crunch, affordability concerns

Realty hot spot series: Western Mumbai suburb with sound connectivity, proximity to job hubs

Realty hot spot series: Western Mumbai suburb with sound connectivity, proximity to job hubs

This Mumbai suburb boasts of key job hubs as well as excellent retail infrastructure.

Homebuyers’ body asks PMO to bring RERA officials under CVC

The FPCE has recommended an orientation course for all RERA officials in which they are counselled to stick to the brief.

Disappointed with government's measures to boost real estate: CREDAI

The Credai Chairman said the government should remove the unit price cap of Rs 45 lakh for availing the additional deduction of Rs 1.5 lakh on home loan interest.

Residents of four apartment buildings in Maradu demand fair hearing as SC's demolition deadline nears

The flats, Supreme Court ruled, had come up in violation of Coastal Regulation Zone norms.

Govt makes house building advances cheaper for government employees

The measures are aimed at solving the fund crunch and individual home buyers will only feel secondary impact.

Jaypee buyers send list of 15 demands to NBCC

Jaypee buyers send list of 15 demands to NBCC

Buyers of the housing project have sent a 15-point proposal to the government-backed construction agency to safeguard their interests.

Lodha to create over 10,000 new jobs with launch of 6 new projects

The projects are focussed on affordable housing and office developments.

What to do with unsold Amrapali flats, SC asks NBCC, others

The top court also warned that the home buyers' unwillingness to pay the outstanding dues may lead to winding up of the stalled projects due to financial crunch.

Plea in Supreme Court for occupation certificate for 6,000 home buyers

The Amrapali homebuyers have furnished a list of over 6,000 buyers before the Supreme Court, saying their flats are ready and could be given all clearances.

Homebuyer can approach both consumer panel and RERA: Delhi HC

Delhi high court has held that homebuyers can approach both the National Consumer Disputes Redressal Commission and Rera against errant builders.

Realty Hot Spot Series: Want to buy a house in NCR? Consider this well-connected Noida locality

Realty Hot Spot Series: Want to buy a house in NCR? Consider this well-connected Noida locality

This NCR region well-connected to key areas of Noida and Greater Noida through the Expressway and Aqua Metro Line.

Signature Global to invest Rs 385 crore on new housing project in Gurugram

Signature Global mainly focuses on affordable housing and is currently constructing 10 such projects, comprising around 9,500 units, under Haryana government's affordable housing policy.

Over 14,000 Amrapali buyers told to re-submit ownership documents

It has already been more than a month since the Supreme Court directed Noida Authority to execute the agreements for residents of Amrapali.

Hardsell house under PMAY to unwilling beneficiaries, Modi government tells states

Centre has asked states to “sensitise” people and do “proper handholding” of officials to convince people to accept the grant under the housing scheme.

Realty hot spot series: An established micro-market of Bengaluru with sound social infra

Bannerghatta Main Road is a South Bengaluru locality which boasts of quality residential infrastructure as well as office spaces. Here are other highlights of this area.

List of 6,000 Amrapali home buyers submitted to Supreme Court

List of 6,000 Amrapali home buyers submitted to Supreme Court

On August 26, a bench headed by Justice Arun Mishra asked Lahoty to furnish project-wise details of the people, who are presently residing in variou

New property cards for flat owners across Maharashtra

The Maharashtra cabinet on Wednesday cleared the “vertical property rules” to create a database of all flats, buildings and commercial complexes in a bid to check fraudulent transactions.

Bandra bandstand bungalow gets bids of over Rs 200 crore

The bids for some of the last free space in Bandra received record bids.

Major relief to stressed realty sector on the anvil

The government is also likely to make changes to the definition of affordable housing as sought by developers.

Affordable & mid-segment housing drive new launches in Bengaluru

JLL data reveals that properties in the affordable and mid-segment have constituted a major portion of new launches.

NCDRC directs Unitech to refund over Rs 1 crore to two home buyers

NCDRC directs Unitech to refund over Rs 1 crore to two home buyers

The commission also directed Unitech to pay as compensation interest at 10 per cent per annum on the principal amount.

Release Rs 7.16 crore to NBCC to finish Amrapali projects: SC

The bench also directed the Noida and Greater Noida authorities to set up a nodal cell for issuing completion certificate to home buyers and listed the matter for further hearing on September 11.

Hopes of lower home EMIs bring good times for realty

CREDAI Indore chapter expects property registrations to remain at around Rs 80 crore in August and the trend is likely to remain firm for coming months.

NCLT initiates insolvency plea against Raheja Developers

The National Company Law Tribunal's direction came over a petition filed by a flat buyer of Raheja Developers.

Forensic audit report be given to ED, Delhi police, ICAI in Amrapali case: SC

The bench also directed the Noida and Greater Noida authorities to set up a nodal cell for issuing completion certificate to home buyers.

Realty hot spot series: Pick this Pune locality if you want a home close to IT hubs

Realty hot spot series: Pick this Pune locality if you want a home close to IT hubs

Airport Road, Pune enjoys high demand and supply of property in various price brackets. Besides proximity to IT hubs, here are factors that make it

Tread cautiously when dealing with subvention schemes offered by real estate developers

Since developers are independent entities, they are free to create schemes within the allowable legal framework.

In a first, NCLT starts insolvency proceedings on homebuyer’s plea

Earlier, homebuyers were at the receiving end in insolvency proceeding as they did not have a say and their interests were put at the bottom in the priority list.

Has your house been mortgaged without your knowledge? Lessons from the Noida case that left many shaken

For families, it was the shock of their lives: Loans were taken against their homes & they didn't even know.

Sobha to foray into Hyderabad and Delhi property market

The firm has entered into a joint development agreement with local landlords to build high-end apartment totalling 1.5mn sq ft in both cities.

Gurugram's unsold housing stock up 10% in 2 years: Anarock

Gurugram's unsold housing stock up 10% in 2 years: Anarock

The unsold inventory in Gurugram rose from 51,220 units in the second quarter of 2017 to 56,550 during the corresponding period of 2019.

Flexible workplace operators lease 52% more office space in Jan-June at 4.6 mn sq ft: CBRE

Flexible workspace has been classified as business centres, co-working, managed office spaces and hybrid spaces.

RERA should be amended to plug loopholes: H-RERA Chairman

According to Khandelwal, the existing stipulations and provisions of RERA Act have many loopholes that need to be plugged in the interest of all the stakeholders, PHDCCI said in a statement.

Noida to begin verification of Amrapali Sapphire buyers from today

Once buyers submit the affidavits, the Noida Authority will authenticate ownership of all flats and weed out ambiguity by verifying dues paid and original ownership.

New Delhi world’s 10th fastest growing prime residential market; slips 3 places in Q2: Report

Knight Frank’s Prime Global Cities Index tracks movement in luxury residential prices across 46 cities globally. India’s most expensive prime residential market, Mumbai, sees a meagre 0.8% growth.

Buyers can't be made to wait indefinitely, says Delhi consumer forum; asks Unitech to refund Rs 33 lakh

Buyers can't be made to wait indefinitely, says Delhi consumer forum; asks Unitech to refund Rs 33 lakh

It directed Unitech to refund Rs 33.59 lakh paid by Surhid Bhandari within 45 days along with simple interest at 10% per annum for the seven-year de

Only 23 housing projects launched during Apr-Jun quarter under subvention scheme: Report

These 23 projects comprised of 7,620 units – about 11 per cent of the total 69,000 units launched in the quarter.

Homebuyers' body seeks forensic audit of delayed projects

FPCE’s demand for a forensic audit stems from the apex court’s Amrapali Group ruling that directed the government to take appropriate steps on a time-bound basis.

Realty hot spot series: Why this Gurgaon locality is much in demand among home buyers

This Gurgaon locality is much in demand among home buyers for its good infrastructure.

Over 4 lakh unsold flats across 9 cities in affordable segment: PropTiger

According to the data compiled by the brokerage firm, developers had total unsold inventories of 7,97,623 units at the end of June quarter across nine cities.

Property insurance rates may spike

Property insurance rates may spike

Severity of disasters, which are taking place at shorter intervals, has prompted insurers to consider hiking rates in April 2020, when policies come

All you need to know about buying property in Jammu & Kashmir

Following J&K's reorganisation, people from other states are now eligible to buy property there.

Rs 1.56 lakh cr worth flats launched in 2011 and before still incomplete; NCR builders top drag

Out of the nearly 2.2 lakh units, JLL said in a report that "about 30,000 units are confirmed to be scrapped".

NCDRC directs Unitech to give possession of plot, interest to home buyer

It asked the company to complete and deliver within three months the possession of a plot in Unitech's 'Uniworld City' project in Mohali to Jaswinder Kaur who had booked it in 2009.

Survey soon: Revamp of co-op group housing societies planned

DDA's preparatory survey will determine the present condition of societies and flats, plot size, status of civic amenities, issues faced by residents in converting plots to freehold, etc.

200 families in Noida housing society served eviction order as builder defaults on loan

200 families in Noida housing society served eviction order as builder defaults on loan

The notices, dispatched by Union Bank of India, were served to residents of a leading housing society in Noida.

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