Real Estate News

Big news for Delhi Property owners! UPIC code mandatory for property registration

Big news for Delhi Property owners! UPIC code mandatory for property registration

The objective of the UPIC project is to widen property tax base in  East Delhi Municipal jurisdiction.

Sep 06, 2021, 10:11 AM IST
Supertech to file review petition against SC order; twin towers built as per law: Chairman R K Arora

Supertech to file review petition against SC order; twin towers built as per law: Chairman R K Arora

Last week, the apex court had ordered to demolish the twin 40-storey towers, which are part of Supertech's Emerald Court project in Noida, Uttar Pradesh.

Sep 04, 2021, 23:25 PM IST
Supertech twin-tower case: Noida Authority's planning manager suspended, SIT team set up

Supertech twin-tower case: Noida Authority's planning manager suspended, SIT team set up

On the directives of Chief Minister Yogi Adityanath, a four-member Special Investigation Team (SIT) was formed under the chairmanship of Sanjiv Mittal, secretary of the Industrial and Infrastructure

Sep 03, 2021, 09:40 AM IST
Supertech's 40 storey Noida twin towers to be demolished, flat buyers will get a refund

Supertech's 40 storey Noida twin towers to be demolished, flat buyers will get a refund

SC said that construction of Supertech's twin 40 storey towers Supertech's Emerald Court project having 915 flats and shops was done in collusion with NOIDA authority and Supertech.

Aug 31, 2021, 12:53 PM IST
SC orders shifting of ex-Unitech Group directors to Mumbai jails for running ‘secret office’ inside Tihar

SC orders shifting of ex-Unitech Group directors to Mumbai jails for running ‘secret office’ inside Tihar

The apex court’s order came after the Enforcement Directorate (ED) revealed that both the sons along with their father and erstwhile Unitech founder Ramesh Chandra were operating the business from

Aug 26, 2021, 16:20 PM IST
Noida Authority reeking with corruption, in cahoots with Supertech: SC on Emerald Court case

Noida Authority reeking with corruption, in cahoots with Supertech: SC on Emerald Court case

“You (the authority) are reeking with corruption right from your eyes and nose,” the Supreme Court said to Noida Authority.  

Aug 04, 2021, 21:27 PM IST
How Shalimar Corp Ltd’s Kunal Seth is ushering in the future of Indian Real Estate

How Shalimar Corp Ltd’s Kunal Seth is ushering in the future of Indian Real Estate

At the extremely young age of 26, he had already assumed his position as Director on the Board at Shalimar Corp Ltd, running operations in a patently efficient, technology-driven & no-nonsense

Aug 02, 2021, 19:53 PM IST
Planning to buy property? Here’s how you can purchase house for cheap

Planning to buy property? Here’s how you can purchase house for cheap

Several banks, from time to time, give investors an option to invest their money in properties that are sold at prices lower than the circle rate. 

Jul 22, 2021, 15:32 PM IST
New property launches in Pune fell by 30%, prices set to rise: Report

New property launches in Pune fell by 30%, prices set to rise: Report

Compared it to pre-COVID times, it is still half of what it was in December 2019 just before COVID-19 hit the country. This clearly suggests a supply squeeze prevailing in the Pune residential real

Jul 10, 2021, 17:02 PM IST
 Big relief for Supertech! Supreme Court drops initiation of contempt proceedings

Big relief for Supertech! Supreme Court drops initiation of contempt proceedings

Previously, in March 2021, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) had issued a show-cause notice to Supertech.

Jul 09, 2021, 13:11 PM IST
ED attaches Unitech Group’s land worth Rs 106.08 crore in money-laundering case

ED attaches Unitech Group’s land worth Rs 106.08 crore in money-laundering case

ED initiated a money-laundering investigation on the basis of various FIRs filed by homebuyers against Unitech Group & its promoters before Delhi Police. 

Jul 07, 2021, 16:08 PM IST
Big jolt for Greater Noida Homebuyers, now shell out more money for registration of flats

Big jolt for Greater Noida Homebuyers, now shell out more money for registration of flats

Besides that, there is a deadline to register the flat by the month of July and if that doesn’t happen then the circle rate of the land will surge again in July or August. After this, the registry

Jun 29, 2021, 12:17 PM IST
Air India aims to raise upto Rs 300 crore with mega property e-auction in 10 cities --Check date and other details here

Air India aims to raise upto Rs 300 crore with mega property e-auction in 10 cities --Check date and other details here

Air India is looking to raise Rs 200 to 300 crore by selling and has invited bids through MSTC.

Jun 21, 2021, 13:28 PM IST
Good news! THIS bank is offering free ration to COVID affected, low-income customers

Good news! THIS bank is offering free ration to COVID affected, low-income customers

V Vaidyanathan, MD & CEO, IDFC FIRST Bank, said, “While we cannot solve all problems considering the magnitude of the crisis, we want to support our customers to the extent we can, and hence our

Jun 13, 2021, 13:20 PM IST
Severe blow to India's realty sector! 95% developers fear project delays due to 2nd COVID wave

Severe blow to India's realty sector! 95% developers fear project delays due to 2nd COVID wave

A CREDAI report said that labour shortage, financial constraints, approval delays, increased construction costs, and weakening customer demand are key challenges highlighted by the developers.

Jun 10, 2021, 14:53 PM IST
Good news for homebuyers! Home loan interest rates to remain at all time low

Good news for homebuyers! Home loan interest rates to remain at all time low

The COVID pandemic has adversely affected the real estate sector in the last two months and for economic recovery, the RBI has maintained the repo rate unchanged at 4% and reverse repo rate at 3.35%.

Jun 05, 2021, 16:47 PM IST
Model Tenancy Act approved by Cabinet to create inclusive rental housing market

Model Tenancy Act approved by Cabinet to create inclusive rental housing market

The Model Tenancy Act will facilitate the unlocking of vacant houses for rental housing purposes. 

Jun 02, 2021, 16:45 PM IST
Tips before buying real estate overseas

Tips before buying real estate overseas

When it comes to one of the most exclusive hot spots like Dubai, we need to have an excellent approach to buying real estate. Some of the tips that we discuss today could help you find one of the

Jun 01, 2021, 17:31 PM IST
Govt fund for stalled housing projects to benefit for 1.16 lakh home buyers

Govt fund for stalled housing projects to benefit for 1.16 lakh home buyers

The FM has handed over possession to homebuyers virtually as government’s Special Window for Affordable & Mid-Income Housing (SWAMIH) completes its first residential project.

May 14, 2021, 12:24 PM IST
Demand for luxury homes slow since Apr, builders hope for recovery in 2nd half of 2021

Demand for luxury homes slow since Apr, builders hope for recovery in 2nd half of 2021

Housing sales across 7-8 major cities fell by 40-50 per cent during the 2020 calendar year.

May 13, 2021, 17:08 PM IST