LIC Housing takes possession of Orbit's premium property

LICHFL, in a public notice, said it took physical possession of the tower on December 24 after serving the company a loan demand notice on February 21 last year.



from Real Estate-Wealth-The Economic Times http://ift.tt/1rzXTUA

Clariant Chemicals completes Rs 1,154-crore land deal with Lodha Group

Clariant Chemicals (India) has completed the sale of 87 acres of land near Mumbai to realty major Lodha Group and received Rs 1,102.5 crore in full and final payment.



from Real Estate-Wealth-The Economic Times http://ift.tt/13SmdWE

Does Maharashtra govt’s decision to grade developers give power to buyers?

In November 2014, the Maharashtra Government announced their intention of introducing a rating system for developers in the state.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/does-maharashtra-govts-decision-to-grade-developers-give-power-to-buyers/articleshow/45705276.cms

Who’s my neighbour and what is my neighbourhood?

In India it is a true mix of buyers. Much of their home buying depends upon the profile of buyers in the locality! The larger question is can your budget buy you a neighbourhood of your choice?



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/whos-my-neighbour-and-what-is-my-neighbourhood/articleshow/45705253.cms

Coaching centers revive Guntur realty

There are over 150 coaching institutes in Brodipet and another 50 institutions have already leased space in Brodipet, which is a semi-residential area flooded with high-rise structures.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/coaching-centers-revive-guntur-realty/articleshow/45705212.cms

Ascendas to invest Rs 600 crore in Paranjape Schemes' SEZ project

The phase II of the SEZ consists of leasable area of about 1.5 million sq ft under construction and is expected to be completed and operational by 2015, it said.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/ascendas-to-invest-rs-600-crore-in-paranjape-schemes-sez-project/articleshow/45704826.cms

Ascendas to invest $95 million in Indian property developer

Overseas investors are betting on a revival in India's commercial real estate space after the Narendra Modi-led government paved the way for listing REITs.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/ascendas-to-invest-95-million-in-indian-property-developer/articleshow/45701909.cms

Housing sales dip in 2014; realtors eye turnaround in new year

The year also witnessed some big-ticket property deals and increased investors interest in realty portals.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/realty-trends/housing-sales-dip-in-2014-realtors-eye-turnaround-in-new-year/articleshow/45701051.cms

Mumbai builder proposes world's tallest building in Surat

If the plan sees the light of the day, one would not have to fly all the way to Dubai to see the Burj Khalifa, the world's tallest building.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/mumbai-builder-proposes-worlds-tallest-building-in-surat/articleshow/45700098.cms

Tata Value Homes to raise Rs 500 crore debt for expansion

Tata Housing Development Company’s affordable housing subsidiary Tata Value Homes is close to raising debt of about Rs 500 crore for expansion in National Capital Region, Kolkata and Hyderabad among other cities in 2015-16.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45697405.cms

Tata Value Homes to raise Rs 500 crore debt for expansion

Tata Housing Development Company’s affordable housing subsidiary Tata Value Homes is close to raising debt of about Rs 500 crore for expansion in National Capital Region, Kolkata and Hyderabad among other cities in 2015-16.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/tata-value-homes-to-raise-rs-500-crore-debt-for-expansion/articleshow/45697405.cms

Easier land acquisition will boost affordable housing: Industry

The ordinance makes significant changes in Land Acquisition Act including removal of consent clause for acquiring land for affordable housing & 4 other areas.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45692245.cms

Tata Housing receives Rs 130-crore booking orders during GOSF

The participating developers had launched offers as part of GOSF, like Tata offering units in an affordable housing project in a distant suburb of the financial capital.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45688790.cms

Cabinet approves Ordinance on regularisation of Delhi colonies

Impact of Ordinance on Delhi Laws Amendment Bill, 2014 will be that "895 colonies will get benefitted & 60L people will get benefitted", Jaitley said.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45679009.cms

DDA to hand over flats from January 1

The DDA in the scheme also introduced the facility of webcasting online the entire process of the draw which decided the fate of over 10 lakh applicants.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45665234.cms

5 things to know before making e-payment of TDS on sale of property

It is the responsibility of the buyer to deduct the tax and deposit the same in the government treasury.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45659256.cms

Murli Manohar Joshi plans mills re-use for industrial, training purposes

Joshi has called a meeting of Urban Development Department officials to Kanpur on December 27 to highlight city's development issues, it said.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/articleshow/45631776.cms

Easier land acquisition will boost affordable housing: Industry

The ordinance makes significant changes in Land Acquisition Act including removal of consent clause for acquiring land for affordable housing & 4 other areas.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/easier-land-acquisition-will-boost-affordable-housing-industry/articleshow/45692245.cms

Tata Housing receives Rs 130-crore booking orders during GOSF

The participating developers had launched offers as part of GOSF, like Tata offering units in an affordable housing project in a distant suburb of the financial capital.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/tata-housing-receives-rs-130-crore-booking-orders-during-gosf/articleshow/45688790.cms

Tata Housing receives Rs 130-crore booking orders during GOFS

The participating developers had launched offers as part of GOSF, like Tata offering units in an affordable housing project in a distant suburb of the financial capital.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/tata-housing-receives-rs-130-crore-booking-orders-during-gofs/articleshow/45688790.cms

Cabinet approves Ordinance on regularisation of Delhi colonies

Impact of Ordinance on Delhi Laws Amendment Bill, 2014 will be that "895 colonies will get benefitted & 60L people will get benefitted", Jaitley said.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/cabinet-approves-ordinance-on-regularisation-of-delhi-colonies/articleshow/45679009.cms

Invest in real estate now, residential rates may rise in latter part of 2015

While developers did not lower their rates, they reduced the size of apartments to decrease the ticket size and appeal to more buyers.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/invest-in-real-estate-now-residential-rates-may-rise-in-latter-part-of-2015/articleshow/45659468.cms

5 things to know before making e-payment of TDS on sale of property

It is the responsibility of the buyer to deduct the tax and deposit the same in the government treasury.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/policy/5-things-to-know-before-making-e-payment-of-tds-on-sale-of-property/articleshow/45659256.cms

DDA to hand over flats from January 1

The DDA in the scheme also introduced the facility of webcasting online the entire process of the draw which decided the fate of over 10 lakh applicants.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/dda-to-hand-over-flats-from-january-1/articleshow/45665234.cms

Only 55,000 new house constructions are less than five years old in New Delhi

The data emerges from a report, "Housing Conditions in Delhi", prepared by the directorate of economics & statistics based on the 69th round of NSS conducted during July 2012-December 2012.



from Real Estate-Wealth-The Economic Times http://economictimes.indiatimes.com/wealth/real-estate/news/only-55000-new-house-constructions-are-less-than-five-years-old-in-new-delhi/articleshow/45657826.cms

Cidco revises land allotment policy for religious trusts

Encouraging national and international trusts for setting up centres here, Cidco has laid down a condition that they should be registered under Charitable Trust Act.



from Real Estate-Wealth-The Economic Times http://ift.tt/1CX1ayr

Land records to soon go online in Jammu and Kashmir

The project includes Data Entry, Digitisation (Vectorisation) of Cadastral Maps, survey, re-survey to update the land records, integration.



from Real Estate-Wealth-The Economic Times http://ift.tt/1EpO2Xe

Supertech offers free apartment with Rs 1.38 crore luxury flat

Supertech is currently developing over 90 million sq ft. The company has presence in Noida, Greater Noida, Gurgaon, Meerut, Moradabad, Haridwar, Rudrapur, Ghaziabad and Bangalore.



from Real Estate-Wealth-The Economic Times http://ift.tt/1vvUhPG

Largest-ever housing scheme, ghost employees keep DDA in news

More than finding the lucky winners in its housing scheme, it was the mystery of "missing employees" of the housing authority that made DDA hog the headlines.



from Real Estate-Wealth-The Economic Times http://ift.tt/1xmC3q7

Credai calls for reforms in realty sector in New Year

"We need fast implementation of reforms in the new year or else there is a risk of losing steam," Credai Chairman Lalit Kumar Jain said.



from Real Estate-Wealth-The Economic Times http://ift.tt/1vse6rg

Murli Manohar Joshi plans mills re-use for industrial, training purposes

Joshi has called a meeting of Urban Development Department officials to Kanpur on December 27 to highlight city's development issues, it said.



from Real Estate-Wealth-The Economic Times http://ift.tt/1sY9eJn

99acres.com partners with Puravankara Projects

Projects under 'Puravankara' & 'Provident' brands will be available on portal & 99acres will offer 3D floor plans & online booking to potential buyers.



from Real Estate-Wealth-The Economic Times http://ift.tt/1AX0NCO

Sobha Group signs deal with Doha Bank

The facility was arranged by Doha Bank with a five-year tenor and will enable Sobha Group to fund its expansion plans in Dubai.



from Real Estate-Wealth-The Economic Times http://ift.tt/1x08EzT

Sobha Group signs deal with Doha Bank

Sobha Group is a multi-national, multi-product group with significant developments and investments in the UAE, Oman, Qatar, Bahrain, Brunei, Tanzania, India and China.



from Real Estate-Wealth-The Economic Times http://ift.tt/1JN3WuO

Shariah-compliant REITs could be a reality by 2015

Shivji himself is currently working with a few such developers in Mumbai, but admitted that there's a dilemma surrounding the developers’ plans.



from Real Estate-Wealth-The Economic Times http://ift.tt/1rdLQMo

DLF looks to monetize Rs 3,000-crore commercial assets

GIC of Singapore, Blackstone and Ascendas are among the investors who were approached as potential suitors for some of DLF's tenanted offices.



from Real Estate-Wealth-The Economic Times http://ift.tt/1znfvFM

2014 posed formidable challenges to Chennai realty

With government approvals for planning getting inordinately delayed, even new projects are kept on hold by developers for fear of entering a sluggish market.



from Real Estate-Wealth-The Economic Times http://ift.tt/1zc1lao

Promised a walk-to-work project? Check out what these overlook

Magicbricks conducted a poll wherein 46 per cent participants wished to purchase a property that would allow them to walk to work.



from Real Estate-Wealth-The Economic Times http://ift.tt/1sFOnKE

Mumbai's Borivali is the place to look for new flats at Rs 70 lakh!

“With rising disposable incomes of working couples, several shopping malls & multiplexes have come up which changed look & feel,” says Vishesh Mehrotra, owner, City Home Solutions.



from Real Estate-Wealth-The Economic Times http://ift.tt/1GYGoPk

Pension, sovereign funds eye Mumbai’s commercial complex

The deal, expected to be valued over Rs 1,000 crore, indicates the rising appetite for incomeproducing office properties.



from Real Estate-Wealth-The Economic Times http://ift.tt/1GwUzwS

Global investors buy $2 billion office space in 2014

Canadian Pension Plan Investment Board (CPPIB) along with Shapoorji Pallonji and Dutch pension fund APG and GIC of Singapore.



from Real Estate-Wealth-The Economic Times http://ift.tt/16uXIAD

Global investors buy $2 billion office space in 2014

Canadian Pension Plan Investment Board (CPPIB) along with Shapoorji Pallonji and Dutch pension fund APG and GIC of Singapore.



from Real Estate-Wealth-The Economic Times http://ift.tt/1zxvZdo

Indian Medical Association ties up with Antriksh; doctors to get flat at 25% discount

'Indian Medical Golf Towers', part of Antriksh group's 20-acre project in Sector 150 on Noida Expressway, would be completed in the next three years.



from Real Estate-Wealth-The Economic Times http://ift.tt/1DMXiUW

100 plus projects by 50 builders at two-day property show in Coimbatore

More than one hundred new housing projects by 50 top builders will be showcased during the two-day property show beginning here on December 20.



from Real Estate-Wealth-The Economic Times http://ift.tt/1sDPMa8

Blackstone buys 3C Group's SEZ for Rs 625 cr

The deal will make Blackstone top owner of commercial real estate in the country. A Blackstone spokesperson declined comment. There was no response from 3C.



from Real Estate-Wealth-The Economic Times http://ift.tt/1BTqcOl

DDA to refund unsuccesful housing applicants' money by December 24

For the successful applicants of houses alloted in Dwarka Sector 23B, a 3-day camp would be held at Vikas Sadan, for starting the allotment process.



from Real Estate-Wealth-The Economic Times http://ift.tt/1yVUtZw

1BHK DDA flats' plinth area decreased since 2008

In the latest scheme 10,875 flats in Rohini's sectors 34 and 35 were given with their plinth area at 33.29 to 33.85 square metres.



from Real Estate-Wealth-The Economic Times http://ift.tt/1wDGSYI

GIC invests Rs 150 crore in JV With Vatika Group for Gurgaon projects

The two projects are close to Vatika Express City and Vatika India Next — the two townships that the group is building on the Dwarka-Manesar Expressway.



from Real Estate-Wealth-The Economic Times http://ift.tt/1zZfBSS

High inventory, slow sales make PE Funds rush for bulk deals

A record unsold inventory of more than 800,000 apartments and slow home sales are turning out to be an opportunity for private equity funds in the country.



from Real Estate-Wealth-The Economic Times http://ift.tt/12YC3P9

KEC International sells 7.3 acre land to Tata Housing for Rs 212 crore

On March 31, the company had announced that it has entered into an agreement for sale of its 7.3 acres land situated at Thane district in Maharashtra



from Real Estate-Wealth-The Economic Times http://ift.tt/1BKrECO