Real Estate

Environmental clearance for real estate projects in 60 days now

New Delhi: ¬†Environmental clearance for real estate projects will soon be reduced to 60 days, Union Environment and Forests Minister…

Office real estate market hopeful leaves residential in doldrums

New Delhi: While things are not looking up for residential real estate sector, stakeholders remain positive on the office front…

NBFI funding squeeze to hit property developers hardest: Fitch

Mumbai: Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are…

US new home sales disappoint

Washington : Sales of new US homes rose last month but the gains were softer than expected, continuing a streak…

SC approves status of homebuyers as financial creditors

New Delhi: In a big boost for homebuyers, the Supreme Court on Friday upheld the amendment in the Insolvency and…

DLF’s Q1 consolidated net profit up over 140%

New Delhi:¬†Real estate major DLF has reported a rise of more than 140 per cent in its consolidated net profit…

PNB Housing Finance raises fresh Rs 522 cr via ECB route

New Delhi: PNB Housing Finance Limited (PNBHFL) has raised fresh $75 million (Rs 522 crore) via external commercial borrowing (ECB)…

Century Real Estate launches the All-New Mobile App

Bengaluru (Karnataka): Century Real Estate, regarded as one of the oldest and most respected real estate companies in India, today…

Real estate event to be held in Hyd on 24, 25 August

Hyderabad: This real estate event "Game Changers" organised by NAR (National Association of Realtors) India in association with Hyderabad Realtors…

DLF Q1 net profit jumps more than two-fold to Rs 414.7 crore

New Delhi: Realty major DLF's net profit jumped two-fold to Rs 414.72 crore during April to June from Rs 172.77…

HDFC reduces home loan rates by 10 basis pts

New Delhi : HDFC Bank on Wednesday reduced its retail prime lending rate on housing loans by 10 basis points.…

Realty sector needs innovative funding modes: NAREDCO

New Delhi: The Indian realty sector required innovative methods of funding during the ongoing slowdown and liquidity crisis, the National…

SC cancels Amrapali Group’s RERA registration

NEW DELHI: Giving respite to the 42,000 beleagured buyers of Amrapali Group, the Supreme Court on Tuesday cancelled the real…

Construction of G+1 in TS upto 75 sq yds need no permission

HYDERABAD: Construction of ground plus one floor house in an area up to 75 square yards in Telangana's urban areas…

Home buyer moves SC against Jaypee Infratech’s liquidation

New Delhi: An aggrieved home buyer of Jaypee Infratech Limited (JIL) on Tuesday moved the Supreme Court, seeking a direction…

Indiabulls Real Estate to offload 14 pc stake to third-party investors

Mumbai: The promoters of Indiabulls Real Estate intend to sell 14 percent of the fully paid-up capital to third-party investors,…

Housing sales up 3% in January-March 2019: Report

New Delhi: Sale of residential apartments during the January-March quarter of 2019 rose by 3 per cent on a quarter-on-quarter…

GIC Housing Finance reports net profit of Rs 51 crore in Q4

Mumbai (Maharashtra): Government-owned GIC Housing Finance has registered a net profit of Rs 50.99 crore for the quarter ending March…

Real estate major DLF reports a profit of Rs 410 crore in Q4 FY19

New Delhi: Real estate major DLF has reported a 68 percent rise in its consolidated net profit at Rs 410…

LIC Housing Finance’s Q4 net profit up 17%

Mumbai: LIC Housing Finance on Saturday reported 17 per cent rise in its net profit for the fourth quarter (Q4)…

Enemy properties sold to meet disinvestment target

New Delhi: In order to meet the disinvestment target of Rs. 90,000 crore, Government of India sold 'enemy properties' worth…

Q1 FY20 home sales seen rising on repo rate cut, new GST rates

New Delhi: The Indian real estate sector is likely to witness a much-needed uptick in demand and sales during the…

Benami property worth Rs 208 cr of former Chief Engineer of UPSIDC in Lutyens’ Delhi attached

New Delhi [India]: Authorities have attached a benami property worth Rs 208 crore belonging to a senior official of Uttar…

GST Council to clear rules for lower housing rates

New Delhi: The 34th GST Council meeting on Tuesday will consider implementation of lower Goods and Service Tax (GST) rates…

REITs bring hopes to cash-strapped Indian real estate

New Delhi: The launch of India's first Real Estate Investment Trust (REIT) and its initial public offering last week has…

Luxury real estate demand set to rise: Developers

New Delhi: The luxury real estate segment with a customer base of its own did not witness a slowdown as…

Choose GST rate for incomplete projects, builders told

New Delhi: In a big relief to builders, the GST Council on Tuesday approved transition rules on new tax rates…

I-T Dept sends notices to 2,000 property sellers who took cash above Rs 5 lakh

New Delhi: The Income Tax Department (I-T) has sent notices to about 2,000 property sellers who took Rs 5 lakh…

GST reforms to boost realty demand: Developers

Gurugram (Haryana): To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax…

Cobrapost hits back at audit report clearing DHFL

New Delhi: Terming the independent audit report, which earlier this week gave a boost to the share price of Dewan…