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Realty News

Noida, Gurgaon to be next commercial and IT hub

Noida, Gurgaon to be next commercial and IT hub
Delhi NCR is not only rising in residential projects but it has emerged as a hot property place for IT and IT-enabled services industry with many large companies setting up their businesses here. Noida and Gurgaon are becoming the hot and preferred destination for companies like IT’s, BPO, BTO and KPO services in various domains [...] Continue Reading »

Real estate regulation bill to be included in budget session

Real estate regulation bill to be included in budget session
The government is coming up with new Bill with the forthcoming budget session in the parliament so that the real estate sector can be regulated with proper rules and regulations as commented by the Housing minister Ajay Maken. The Bill is introduced so that the real estate developers and investors can carry out a fair [...] Continue Reading »

Sahara Group seeks extension for repayment of due from SC

Sahara Group seeks extension for repayment of due from SC
Sahara Group companies presented a new application to Supreme Court seeking extension of time till February 20 to submit documents related to debentures to SEBI. As Sahara group has a debt of over 22 million to repay to its investors and it looks like the only way the Sahara Group can repay its debt is [...] Continue Reading »

Real estate projects in New Delhi soon to get fast track approvals

Real estate projects in New Delhi soon to get fast track approvals
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »

Property fraud cases on the rise in Delhi-NCR

Property fraud cases on the rise in Delhi-NCR
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »

Real estate firms under CEIB scanner

Real estate firms under CEIB scanner
Currently financial intelligence agencies are scrutinizing service tax payment of several real estate companies across the whole country. The real estate firms are suppose to pay 12.5 per cent service tax but they doubt that many real estate companies are ignoring service tax. This search initiated on January 2, 2013. And thus it was found out that firms providing [...] Continue Reading »

Delhi: New high rise apartments in place of old government quarters

Delhi: New high rise apartments in place of old government quarters
New Delhi- The old rickety government buildings spread through the heart of New Delhi on a major arterial road will very soon be replaced with high rise commercial and residential apartments. Since Independence, this  redevelopment project is one of the largest redevelopments which is expected to change tables of the National capital. As per the plan, [...] Continue Reading »

Real estate market of Kochi includes suburban areas

Real estate market of Kochi includes suburban areas
Kochi- The healthy demand of land around the city, majorly suburban areas is pushing the real estate market of Kochi. It is seen that the many new developments are coming  along the suburban areas of the city. According to some realtors, the property value of residential projects in Kochi have recorded an increase of  8-14 percent [...] Continue Reading »

Builder-politician links result in property price hike: Experts

Builder-politician links result in property price hike: Experts
With the increasing property prices in the Mumbai, we have no one else to blame but developer- politician connections. These links have burdened the home buyers with a sudden hike in property prices. As per experts, many developers are politicians and vice versa. All the housing policies that are made today favour the builders, due [...] Continue Reading »



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