Category: Real Estate

RBI to cut rates 25 bps in April to signal lower lending rates: Report

NEW DELHI: The Reserve Bank of India is expected to go in for a policy rate cut of 25 bps…

Sebi notifies norms allowing REITs, InvITs to issue bonds

NEW DELHI: To make REITs and InvITs more attractive to investors, markets regulator Sebi has notified relaxed norms to allow…

Centre passes law to protect unauthorised colonies, slums in Delhi

NEW DELHI: A bill to extend the deadline of a law to protect slums and unauthorised colonies in the national…

DLF promoters conclude nearly Rs 9000-crore deal with GIC

NEW DELHI: Realty major DLF on Tuesday announced that its promoters have concluded the sale of 33.34 per cent stake…

Progress in smart city projects in Guwahati, Dharamshala not satisfactory: Official

NEW DELHI: The housing and urban affairs ministry was concerned over "unsatisfactory" progress in smart city projects in Guwahati in…

Supertech repays Rs 70-crore loan to Indiabulls group

Realty firm Supertech has repaid Rs 70 crore loans to Indiabulls group using funds it had raised from Altico Capital…

Five platforms to rent furniture and home appliances

New Delhi [India]: Buying furniture and other appliances which one might not need in the long run can be a…

India Sotheby’s International Realty raises USD 2 million for expansion

NEW DELHI: India Sotheby's International Realty, which is into advisory services for luxury properties, has raised USD 2 million from…

No proposal to make Aadhaar linkage mandatory for property deals: Govt

New Delhi: There was no proposal to make Aadhaar linkage mandatory for property transactions, Parliament was informed on Tuesday. In…

Steel ministry to transfer stake in HSCL to housing ministry

NEW DELHI: Steel ministry on Friday agreed to transfer its entire 49 per cent stake in Hindustan Steelworks Construction Ltd…

Looking into incomplete realty projects, homebuyer issues: Govt

NEW DELHI: The government said today that it is looking into the matter of a number of real estate projects…

54,275 houses sanctioned for the poor in Odisha

Bhubaneswar: The Odisha government has sanctioned 54,275 houses for the economically weaker sections of society across 113 Urban Local Bodies…

HDFC approves sale of two subsidiaries to Quikr India for Rs 357 cr

Mumbai: Housing Development Finance Corporation on Thursday said it has approved the sale of its wholly-owned subsidiary companies HDFC Developers…

PNB Housing Finance CFO steps down

NEW DELHI: Mortgage firm PNB Housing Finance on Thursday said its Chief Financial Officer (CFO) Jayesh Jain has resigned from…

HDFC Capital creates USD 1 billion platform for affordable housing investment

Mumbai (Maharashtra): HDFC Capital Advisors has successfully achieved the initial close of its second affordable housing fund, the HDFC Capital…

HDFC sells 6.3% in CAMS to Warburg Pincus arm for Rs 210 crore

NEW DELHI: Mortgage lender HDFC Ltd on Wednesday said it has sold 6.3 per cent of equity in Computer Age…

PIL in HC alleges collusion between north MCD, builders

New Delhi: The Delhi High Court has sought response of the municipal corporation of north Delhi on a PIL alleging…

German real estate giant to swallow rival in $6-billion deal

FRANKFURT: Germany's number one real estate group Vonovia on Monday said it has launched a cash bid for smaller rival…

Govt plans to dispose of enemy properties soon

New Delhi: Properties belonging to people who had left for countries like Pakistan after the partition and free from legal…

150-acre of residential land freed from encroachment in Greater Noida

GREATER NODIA: The Greater Noida administration today freed 150 acre land of a residential project from encroachment by farmers in…