Category: Real Estate

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…

GRIHA launches rating system for govt houses for urban poor

NEW DELHI: A green body on Monday launched ratings for houses constructed under the government's affordable housing scheme, indicating their…

NRI makes interest in Real Estate as RERA Kicking

NEW DELHI: Implementation of Real Estate (Regulation and Development) Act, 2016 will boost the Non-Resident Indian sentiments on Indian real…

Shriram Properties to acquire ‘stressed assets’, invest Rs 1600 crore

CHENNAI: Shriram Properties, part of the diversified conglomerate Shriram Group, would look at acquiring 'stressed assets' of other builders, as…

RERA’s administration under Urban Affairs Ministry’s domain

NEW DELHI: The matters related to the administration of the RERA for regulation of the real estate sector and to…

RERA should have come earlier to control builders: Narendra Modi

The Real Estate Regulation and Development Act (RERA) should have been enacted earlier to check the malpractices of builders, Prime…

Co-working, managed office space will be game-changer in commercial real estate in 2018

NEW DELHI: With major economic reforms taken up by the government, 2017 proved to be a landmark in the economic…

NBFCs, HFCs set to face NPA heat as LAP market in stress: Crisil

Mumbai: Rating agency Crisil has warned that non-banking finance companies and housing finance companies are expected to be hit hard…

Unlocking real estate value in the current scenario

New Delhi: As lenders and borrowers in India grapple with heavy debt levels, asset sales have been a strategy used…

Bajaj Finserv lowers home loan interest rates to 8.35 percent

Pune (Maharashtra): With the year-end approaching, Bajaj Finserv is offering another chance to its customers to own their dream home.…