Category: Real Estate

DLF’s consolidated Q2 net profit down 91%

Mumbai: Real estate major DLF on Friday reported a decline of 90.5 per cent in its consolidated net profit for…

Job losses in IT industry to impact residential real estate

Mumbai: With job losses looming large for those employed in the IT industry, demand for residential realty across Indian IT…

New residential launches hit all-time low in Hyderabad

Hyderabad: Ambiguity on the implementation of the Real Estate (Regulation and Development) Act (RERA) 2016 in Telangana, has impacted new…

Central govt employees can now take advance up to Rs 25 lakh for new home

New Delhi: Central government employees can now take advance up to Rs 25 lakh for construction or purchase of a…

Deposit substantial amount to prove bonafide: SC to Jaypee

New Delhi: The Supreme Court today refused to allow Jaypee Associates to deposit to Rs 400 crore with its registry…

OYO launches ‘OYO Home’ management service for second-home owners

New Delhi: Budget-hotel chain OYO has announced the launch of OYO Home, a home management service that utilises the company's…

Draft Development Plan of Faridabad finalised

Chandigarh: The State level Committee of the Town and Country Planning Department has finalised the Draft Development Plan of Faridabad.…

Property rates to go up in Telangana in few months: Realtors

Hyderabad: A body of realty developers in Telangana today said there will be an increase in prices of both commercial…

Mumbai’s real estate industry replicates PM Modi’s ‘Housing for All’ vision

MUMBAI: Mumbai witnessed the highest number of launches at over 19,400 new residential units till September 2017. Out of the…

Affordable homes supply increases 27% in Jan-Sep: Credai-MCHI

MUMBAI: Owing to various initiatives taken up by the government to boost affordable housing sector, the supply of affordable homes…

Rentals Give Impetus to Real Estate, Surge by 5% in 8 Major Cities

Mumbai: Housing prices rose by up to 2 per cent while rentals increased by up to 5 per cent in…

North Mumbai to be epicentre of realty, infra growth: Experts

MUMBAI: Owing to massive infrastructure push by the state government towards easing commuting in western and eastern corridors of the…

Average Housing Prices Up 8.7% In April-June Across 10 Cities, Says RBI

New Delhi: The average housing prices rose by 8.7 per cent in April-June quarter across ten major cities of the…

Realty Investment In India’s Top Cities Doubles To $2.87 Billion

New Delhi: Real estate investment in India's six major cities doubled to $2.87 billion in the year ended June 2017…

Smart cities in process of developing innovative projects: Housing minister

New Delhi: Union Minister for Housing and Urban Affairs Hardeep Singh Puri today expressed confidence that "physical manifestation of the…

Dubai Property Show opens to overwhelming response in Mumbai

Mumbai (Maharashtra):Indians have by far remained the top buyers of real estate in Dubai, contributing a whopping sum of Rs…

Strengthen grievance redressal mechanism, Puri asks DDA

New Delhi: Union Minister Hardeep Singh Puri today asked the DDA to strengthen their Grievance Redressal mechanism to increase efficiency…

Was land alloted to Patanjali for food park: HC asks Noida

Allahabad: The Allahabad High Court today asked the Yamuna Expressway Industrial Development Authority (YEIDA) if any land was alloted to…

PNB Q2 profit marginally up at Rs 561 crore

New Delhi: Punjab National Bank on Friday reported a modest rise of 2.2 per cent in net profit to Rs…

IKEA buys 10-acre HUDA plot in Gurugram for Rs 842 crore

CHANDIGARH: The Haryana Urban Development Authority (HUDA) today said it sold approximately 10-acre plot to Swedish furniture maker IKEA for…