Category: Real Estate

Tax authorities attach ‘benami’ properties worth Rs 3,500 cr

New Delhi: Over 900 'benami' properties held by fictitious owners, including flats, shops, jewellery and vehicles worth over Rs 3,500…

FPCE demands action against builders enriching themselves under guise of GST

New Delhi: A not-for-profit organisation has pitched for stern action by the Anti-Profiteering Authority against those builders who are "enriching…

Spain’s first Bitcoin-only apartment sale goes on real estate market

Madrid: A residential attic in the center of the Catalonian city in Spain became the first Spanish real estate property…

SC uphelds Kerala HC order imposing Rs 1 crore fine on DLF

New Delhi: The Supreme Court on Wednesday upheld the Kerala High Court order imposing a fine of Rs 1 crore…

India has huge potential: World Bank projects 7.3 per cent growth in 2018

Washington/New Delhi: With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the…

NCLT approves demerger of Emaar MGF

NEW DELHI: National Company Law Tribunal has approved the proposed demerger scheme of Emaar MGF Land Ltd that will pave…

PACL ponzi scam case: ED attaches Rs 472 crore assets

NEW DELHI: The Enforcement Directorate today said it has attached assets worth Rs 472 crore, including one in Australia, in…

Affordable home-loans next threat to banks: Moody’s-Icra report

Mumbai: Even as a lot of thrust is being given to the affordable housing segment, a report has flagged concerns…

Sobha’s Q3 sales bookings jump 92% to Rs 751 crore

NEW DELHI: Realty firm Sobha Ltd's sales bookings increased by 92 per cent to Rs 750.9 crore during the third…

10,000 acres of defence land under encroachment: Government

NEW DELHI: Over 10,000 acres of defence land are under encroachment across the country, Defence Minister Nirmala Sitharaman informed the…

Sebi to auction MPS Group’s 18 properties next month

New Delhi: Moving ahead with sale of MPS Group of companies' assets to recover money, regulator Sebi today said it…

London house prices in first annual fall since 2009

LONDON: The average price of a home in London dropped in 2017 for the first time in eight years on…

New India Assurance to launch product for builders

COIMBATORE: The New India Assurance Company Ltd (NIAC), is ready with its new product of Title Insurance covers for the…

Builders under “tremendous” stress: BAI

BENGALURU: A three-day national convention of Builders' Association of India beginning here from January 19 would address challenges faced by…

5,661 requests for surrender or cancellation of DDA flats: Govt

NEW DELHI: The Delhi Development Authority (DDA) recieved 5,661 requests for surrender or cancellation of flats alloted to the applicants…

Home Credit India crosses milestone of five million customers

New Delhi [India]: Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking financial company has achieved a…

Builders’ body pegs home prices to go up due to rising input costs

CHENNAI: Confederation of Real Estate Developers' Association of India has said property prices could rise due to rising input costs.…

Real estate still remains desirable asset for all India: Report

New Delhi: In a year marked with a series of policy changes to bring in more transparency, real estate remained…

Propertyshare.in aims to cross Rs. 500 crore in AUM in 2018

New Delhi [India]: Fractional property ownership platform Propertyshare.in on Tuesday announced that it aims to cross Rs. 500 crore in…

Sebi invites refund claims from PACL investors

NEW DELHI: Markets regulator Sebi on Tuesday asked 'certain' investors of PACL Group to submit their claims for refund of…