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  • Housing prices up 5 percent YoY across 8 cities: Report Aug 16, 2022 12:46 PM IST

    Housing prices up 5 percent YoY across 8 cities: Report

    Delhi-NCR witnessed the highest price increase at 10% YoY

  • India@75: 'Refugee' colonies ensured shelter for all migrants in Delhi Aug 12, 2022 04:58 PM IST

    India@75: 'Refugee' colonies ensured shelter for all migrants in Delhi

    These 'refugee' colonies, U-shaped with a park in the middle, became the template for subsequent neighbourhoods, partly because they were built by the same urban planners who shaped Delhi through the 50s and 60s.

  • No GST on residential premises if rented out for personal use: Government Aug 12, 2022 04:30 PM IST

    No GST on residential premises if rented out for personal use: Government

    The government dismissed media reports which claimed that there is an 18 per cent Goods and Services Tax (GST) on house rent paid by tenants.

  • Aakash Educational Services MD buys property in Delhi worth Rs 137 crore Aug 11, 2022 05:20 PM IST

    Aakash Educational Services MD buys property in Delhi worth Rs 137 crore

    The National Capital Region is also continuing to witness strong demand for luxury addresses and premium developments offering high-class amenities.

  • Why affordable housing finance companies seem expensive to investors? Aug 11, 2022 12:31 PM IST

    Why affordable housing finance companies seem expensive to investors?

    The affordable housing finance market grew 20 percent in FY22 and is likely to grow by 18 percent in the current financial year, according to Care Ratings Ltd. That is faster than the banking sector’s home loan growth of 13 percent in FY22 and the 11 percent growth for HFCs.

  • NBCC inks pact with MEA to redevelop housing complex in central Delhi at Rs 175 crore cost Aug 10, 2022 04:57 PM IST

    NBCC inks pact with MEA to redevelop housing complex in central Delhi at Rs 175 crore cost

    The company has signed a memorandum of understanding (MoU) with the Ministry of External Affairs for the redevelopment of the MEA Housing Complex (Old) at Kasturba Gandhi Marg

  • Prestige Group plans to complete 14 mn sq ft of development in FY22-23; to foray into Noida Aug 10, 2022 11:36 AM IST

    Prestige Group plans to complete 14 mn sq ft of development in FY22-23; to foray into Noida

    In the coming years, the company intends to deliver five to six new launches with 8-10 mn sq feet of development in Bengaluru.

  • Brigade Group inks joint development contracts in Chennai and Bengaluru, eyes Rs 4,000 crore revenue Aug 09, 2022 06:59 PM IST

    Brigade Group inks joint development contracts in Chennai and Bengaluru, eyes Rs 4,000 crore revenue

    The reality firm has signed a contract with the TVS Group's Mount Road property in Chennai for a 1 million sq ft of mixed-use development.

  • Number of female home-loan borrowers rising in Tier 3, 4 districts: Report Aug 09, 2022 10:24 AM IST

    Number of female home-loan borrowers rising in Tier 3, 4 districts: Report

    The SBI report, with a focus on first-time women borrowers, says many Tier-2 cities, like Vishakhapatnam and Guwahati, have witnessed higher growth in housing prices. Not just prices, infrastructure development is also a strong factor influencing buying decisions, the report said

  • SC grants interim bail to former CMD of erstwhile Amrapali Group Anil Sharma Aug 08, 2022 09:33 PM IST

    SC grants interim bail to former CMD of erstwhile Amrapali Group Anil Sharma

    On the issue of sale of floor area ratio in compliance of an earlier order dated July 22, 2022, the court receiver on August 8 submitted an action plan for all seven projects of the erstwhile Amrapali Group

  • Ajmera Realty subsidiary acquires land parcel in Mumbai for Rs 42.5 crore Aug 02, 2022 05:56 PM IST

    Ajmera Realty subsidiary acquires land parcel in Mumbai for Rs 42.5 crore

    Ajmera Realty has said a residential project, likely to generate a sales value of Rs 250 crore over three years, will come up on the parcel in Ghatkopar's Pant Nagar area

  • DLF cuts net debt by 16% qoq to Rs 2,259 crore in April-June Jul 31, 2022 02:56 PM IST

    DLF cuts net debt by 16% qoq to Rs 2,259 crore in April-June

    In an investor presentation, DLF said the company is "committed to further debt reduction in the medium term".

  • Housing sales dip by 7% in Q2 2022; unsold inventory down by 5% compared to last quarter: PropEquity Jul 27, 2022 03:00 PM IST

    Housing sales dip by 7% in Q2 2022; unsold inventory down by 5% compared to last quarter: PropEquity

    Chennai witnessed the highest housing price appreciation of 15 per cent during April-June across 9 major cities.

  • 'Delayed possession’: Maharashtra real estate tribunal dismisses appeal for interest as buyer waived all claims ‘consciously’ Jul 25, 2022 07:05 PM IST

    'Delayed possession’: Maharashtra real estate tribunal dismisses appeal for interest as buyer waived all claims ‘consciously’

    The tribunal also ordered the buyer to pay up Rs 20,000 as costs to the developer.

  • Woman lay dead in apartment for over 2 years, landlord kept collecting rent from her benefits Jul 23, 2022 01:54 PM IST

    Woman lay dead in apartment for over 2 years, landlord kept collecting rent from her benefits

    London-based housing association Peabody is under fire for ignoring alarms raised by the woman's neighbours.

  • Ansal Buildwell to get Rs 47 crore from SWAMIH fund to complete stalled project in Faridabad Jul 22, 2022 05:23 PM IST

    Ansal Buildwell to get Rs 47 crore from SWAMIH fund to complete stalled project in Faridabad

    The money will be used to complete Phase 1 within three months and Phase 2 will be completed by December 2023, Ansal Buildwell CFO Ravinder Kumar Jain has said

  • Institutional investments in Indian real estate down by 27% Y-o-Y to $966  million in Q2 2022 Jul 21, 2022 09:17 PM IST

    Institutional investments in Indian real estate down by 27% Y-o-Y to $966  million in Q2 2022

    The institutional investments in the office segment of real estate rose to $652 million in April-June 2022 from $231 million in the corresponding period of the previous year. The institutional investments in the housing segment declined to $60 million in April-June from $78 million a year ago

  • DTCP withdraws order blacklisting Mahira Buildtech, Czar Buildwell after flats worth Rs 46 crore offered as mortgage guarantee Jul 21, 2022 07:33 PM IST

    DTCP withdraws order blacklisting Mahira Buildtech, Czar Buildwell after flats worth Rs 46 crore offered as mortgage guarantee

    Mahira Group has submitted the mortgage deed and the same has been registered with the Gurugram sub-registrar, the order stated

  • Real estate sentiment score dips in Q2 2022 over perceived impact of repo rate hikes Jul 20, 2022 07:04 PM IST

    Real estate sentiment score dips in Q2 2022 over perceived impact of repo rate hikes

    The real estate supply-side stakeholders remain watchful of the tripartite global risks - economic turmoil in the United States, Russia–Ukraine standoff, and economic slowdown in Europe.

  • Gurugram: Formalising buyback plan, Green View homebuyers to be informed shortly, says NBCC Jul 18, 2022 04:59 PM IST

    Gurugram: Formalising buyback plan, Green View homebuyers to be informed shortly, says NBCC

    NBCC, in a regulatory filing on July 14, said that it will settle the Green View issue with homebuyers by way of buyback.

  • ASPIRE to hand over close to 7,000 housing units to Amrapali homebuyers by Diwali: Sources Jul 15, 2022 09:30 PM IST

    ASPIRE to hand over close to 7,000 housing units to Amrapali homebuyers by Diwali: Sources

    The Supreme Court had, in 2019, asked NBCC to complete and deliver 38,159 flats of the erstwhile Amrapali Group after homebuyers sought its intervention, complaining about years of delay in handing over their homes. The court-appointed committee and ASPIRE are trying to help deserving homebuyers

  • Gulshan Group to scout for more stuck projects after completing two projects of Jaiprakash Associates: Deepak Kapoor Jul 14, 2022 05:23 PM IST

    Gulshan Group to scout for more stuck projects after completing two projects of Jaiprakash Associates: Deepak Kapoor

    The Gulshan Group will complete 113 flats of Boomerang Residencies and 305 flats of Kristal Court in Sector 128 of Noida, both Jaiprakash Associates projects. Existing buyers in these projects will be offered a settlement with interest if they choose to shift to another project of the Gulshan group.

  • Gurugram-based property developer Signature Global India files draft papers for Rs 1,000 crore IPO Jul 13, 2022 08:56 AM IST

    Gurugram-based property developer Signature Global India files draft papers for Rs 1,000 crore IPO

    Proceeds worth Rs 330 crore from the issue will be used to repay debt of the firm. As of May, Signature Global's total debt stood at Rs 537.96 crore.

  • Sun Estates to invest Rs 100 crore for developing villas, hotel in Goa's Arambol Jul 12, 2022 03:47 PM IST

    Sun Estates to invest Rs 100 crore for developing villas, hotel in Goa's Arambol

    Goa-based developer is planning to build villas and a hotel. Suraj Morajkar, MD, Sun Estates told Moneycontrol that the company will be investing around Rs 100 crore in the resort project. The villas will be independent. However, buyers have the option to sell it back to the hotel chain if they so desire.

  • Delayed home possession: Developer can't go scot-free citing financial unviability or unfavourable situation: Maharashtra Real Estate Tribunal Jul 12, 2022 06:50 AM IST

    Delayed home possession: Developer can't go scot-free citing financial unviability or unfavourable situation: Maharashtra Real Estate Tribunal

    The tribunal orders the developer to complete the project in Mumbai’s Kandivali area within 12 months, and pay interest to home buyers for delayed possession.

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