india realty sector

Housing Sales In Top 7 Cities Created A New Peak In 2023, See 31% Yearly Growth, Data Shows

Residential sales stood at approx. 4,76,530 units in 2023 against 3,64,870 units in 2022 across the top 7 cities – rising yearly by 31%. 

Dec 28, 2023, 17:00 PM IST

Yogi govt eyes investment worth Rs 7.3L cr in real estate sector in next 5 years

A government spokesperson added that govt plans to construct 64 lakh HIG, MIG, LIG and EWS homes in urban areas. These houses will be constructed close to small markets. The government will encourage private companies to invest in these housing projects.

Dec 05, 2022, 08:03 AM IST

Property still rules the roost as a popular investment option in COVID times: Survey

The No Broker survey suggested that property is the most popular option for 76% of people. SIP/stocks and gold were distant second and third. It says a lot about the sentiment and the security that owning a physical object such as a house gives you.

Jan 06, 2022, 15:04 PM IST

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

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

At Rs 56,200 per sq ft, Mumbai's Tardeo most expensive luxury residential location in India: Report

In NCR, Karol Bagh comes in 6th and Golf Couse Road ranks 9th on the list of most expensive luxury residential destinations, with an average price of Rs 13,500 per sq ft and Rs 12,500 per sq ft respectively.

Sep 09, 2019, 17:14 PM IST

All PMAY houses to be sanctioned by March 2020

Of the initial target of 1 crore houses in urban India, 84 lakh had been sanctioned, he said on the sidelines of the event.

Aug 21, 2019, 11:59 AM IST

Gardenia Gateway builder mortgages sold out flats, Bank serves notice to flat buyers

Senior Superintendent of Police (SSP) has asked Superintendent of Police (SP) crime branch to conduct an enquiry in the matter.

Aug 14, 2019, 17:37 PM IST

Should NBCC complete pending projects? SC seeks Unitech homebuyers suggestions

Posting the matter for  next hearing for August 9 the SC said that Unitech home buyers can send in their suggestions it to Amicus Curiae via email  by August 8.

Jul 29, 2019, 18:00 PM IST

Kolkata tops new housing launches in Q3, 2018

The top seven cities (NCR, MMR, Chennai, Bengaluru, Pune, Kolkata and Hyderabad) saw 52,150 new units launched in Q3 2018.

Oct 15, 2018, 17:06 PM IST

Indian realty market to touch $1 trillion by 2030: Survey

The report released Thursday here noted that India has consistently improved its ranking in global real estate since 2014, which has instilled confidence in investors.

Sep 27, 2018, 14:16 PM IST

Niti Ayog to frame policy for revival of stalled realty projects

Cases of housing projects being heard in the courts will not be included in the list.

Aug 24, 2018, 17:14 PM IST

India rises one notch to 35th on JLL global realty transparency index

India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014.

Jun 28, 2018, 14:00 PM IST

New residential launches drop 50% across top 7 cities in 2017; Chennai records highest dip in sales

Chennai's residential real estate market was the worst-affected in 2017, with an annual decline in new launches of around 72 percent from 15,700 units in 2016 to 4,400 units in 2017.

Mar 22, 2018, 12:54 PM IST

Total PE into real estate jumps 62% to Rs 38,000 cr in 2016

Private equity inflows into the country's real estate sector surged 62 percent to Rs 38,000 crore, during 2016, largely helped by Parliament's clearance of two significant legislations -- Real Estate (Regulation and Development) Bill and GST.

Jan 16, 2017, 16:06 PM IST

DLF, Blackstone restructure shareholding in five land parcels

Realty major DLF on Wednesday announced restructuring of its joint venture with global investment firm Blackstone-managed Ridgewood Holdings that had invested Rs 1,481 crore in seven housing projects in 2007.

Jul 20, 2016, 15:40 PM IST

Competition Commission rejects complaint against DLF

Competition Commission has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market.

Jul 06, 2016, 19:46 PM IST

JLL sells properties worth Rs 30 cr during online home fest

Property consultant JLL India, which recently forayed into e-commerce segment to market flats, today said it has closed deals worth Rs 30 crore during its online home festival.

Apr 22, 2016, 20:53 PM IST

Want to purchase a new home? See how you can benefit from this home loan product

The extraa home loan facility allows you to enhance your loan amount by up to 20 percent and also provide you an option to extend the repayment period up to 67 years of age.

Sep 03, 2015, 12:24 PM IST

CBRE to buy Johnson Control's real estate biz for $1.47 bn

Real estate consultancy firm CBRE has entered into an agreement to acquire Johnson Controls' work space solution business GWS for USD 1.475 billion in an all cash deal.

Apr 01, 2015, 17:55 PM IST