Supreme Court ruling may help revive stalled real estate projects

The apex court's ruling is expected to revive stalled projects, adding several thousand apartments to the city where home sales are down due to high prices.



from Real Estate-Markets-The Economic Times http://ift.tt/1fvO8On

Supreme Court verdict on private forest to pave way for real estate development: Credai

The Supreme Court's direction to the Maharashtra government to remove "private forest" tag attached to huge land parcels across the state is likely to give a push to development of real estate in such vacant areas, according to real estate developers' body Credai.



from Real Estate-Markets-The Economic Times http://ift.tt/1fvLgku

DDA to raise floor area ratio for hotels by up to 66%

The DDA has decided to increase the cap on total floor area for hotels by up to 66 per cent.



from Real Estate-Markets-The Economic Times http://ift.tt/1cF6OL6

DDA to raise FAR for hotels by up to 66%

The DDA has decided to increase the cap on total floor area for hotels by up to 66 per cent.



from Real Estate-Markets-The Economic Times http://ift.tt/1aNYie0

DDA to track encroachment online with real-time mapping through satellite

The Delhi Development Authority (DDA) will soon track encroachment of its land online with real-time mapping through satellite.



from Real Estate-Markets-The Economic Times http://ift.tt/1nwCaro

Mint producer KV Group enters realty business

KV Group, a leading producer of mint, has forayed into the real estate sector.



from Real Estate-Markets-The Economic Times http://ift.tt/1iKNe3J

Tribunal asks ARCIL to stay auction of Tulip Star hotel

In a major relief to Nirmal Lifestyle, DRT has directed ARCIL not to proceed further on auctioning of the Tulip Star Hotel at prime Juhu Tara Road in Mumbai.



from Real Estate-Markets-The Economic Times http://ift.tt/1b2fKc6

Hizbul Mujahideen commander Junaid arrested

A top commander of Hizbul Mujahideen militant outfit has been arrested by security forces from Bandipora district of Kashmir Valley, police said



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/policy/hizbul-mujahideen-commander-junaid-arrested/articleshow/24135385.cms

Curbs on realty foreign direct investment below 50% may stay

Government may reject urban development ministry’s proposal to scrap all restrictions on FDI below 50% in real estate.



from Real Estate-Markets-The Economic Times http://ift.tt/L6Mx5H

CCI to study financial sector for possible unfair practices

The study will broadly look at different dimensions of the financial sector, CCI Chairman Ashok Chawla said.



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'RBI's hike in key interest rate to hit property market'

The Reserve Bank's hiking the key policy rate today will hit property sales, particularly in the residential segment, real estate developers said.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/rbis-hike-in-key-interest-rate-to-hit-property-market/articleshow/29498420.cms

CCI rules out abuse of dominant position by Omaxe

Fair trade regulator CCI has rejected a complaint that alleged realty firm Omaxe of indulging in anti-competitive practices.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/cci-rules-out-abuse-of-dominant-position-by-omaxe/articleshow/29496110.cms

Project money being diverted to fund poll campaigns, realtors fear labour crisis too

Rs 15,000- 20,000 cr will be spent in the Lok Sabha poll campaign this time around, according to an estimate by Centre for Media Studies.



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Supertech to raise Rs 1,000 cr through PE this year

In 2013, Supertech had raised Rs 280 crore from PE firm Xander for its upcoming township project in Gurgaon.



from Real Estate-Markets-The Economic Times http://ift.tt/1aWF7c8

Gaursons to invest Rs 5,000 crore on township on Yamuna Expressway

Manoj Gaur said: "We will be constructing 20,000 housing units in the first phase which is spread over 250 acres".



from Real Estate-Markets-The Economic Times http://ift.tt/1mWbAYn

CREDAI welcomes rationalisation of property valuations

The Confederation of Real Estate Developers' Associations of India (CREDAI) today welcomed the West Bengal government's move to rationalise property valuations.



from Real Estate-Markets-The Economic Times http://ift.tt/1hr8xU2

Slowdown in commercial real estate likely to continue

"Against the current economic and political backdrop, demand for commercial real estate is likely to remain subdued in the medium term."



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Investors turn to realty as gold loses sheen after curbs

Investors and speculators have shifted their focus from the yellow metal to real estate.



from Real Estate-Markets-The Economic Times http://ift.tt/1g73vzr

IndoSpace raises $330 mn for industrial projects

The company closed its second fund at $330 million as against a target of $300 million, it said in a statement.



from Real Estate-Markets-The Economic Times http://ift.tt/LNeAIO

IndoSpace raises $330 million fund to invest in industrial real estate

IndoSpace has raised $330 million for a fund that will invest in industrial real estate in the country, the company said on Tuesday.



from Real Estate-Markets-The Economic Times http://ift.tt/KxtiTl

Supertech to invest Rs 1350 crore on new housing project in Noida

Realty firm Supertech will invest Rs 1,350 crore over the next three years to develop a new housing project in Noida.



from Real Estate-Markets-The Economic Times http://ift.tt/KxvWYC

Online real estate portal CommonFloor raises Rs 64 crore

Existing investors Tiger Global and Accel Partners offer fresh round of funding.



from Real Estate-Markets-The Economic Times http://ift.tt/KuV0zq

CommonFloor raises Rs 64 crore from Tiger Global and Accel Partners

Last July, the Bangalore-based company had raised about $7.5 million (over Rs 45 crore) from the same investors.



from Real Estate-Markets-The Economic Times http://ift.tt/1jfnaxm

Tata Housing plans to launch villas priced at Rs 130-170 cr in Delhi

Tata Housing plans to develop a super luxury residential project in the capital comprising 4-5 expensive villas in a price range of Rs 130-170 crore each.



from Real Estate-Markets-The Economic Times http://ift.tt/1ibQIfe

Supertech partners UK's designer yoo Worldwide for housing projects

Realty firm Supertech has roped in UK-based yoo Worldwide to do interior designing for its two luxury housing projects in Gurgaon.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/supertech-partners-uks-designer-yoo-worldwide-for-housing-projects/articleshow/28900343.cms

Unitech to sell two hotels near Delhi, land parcels in southern cities

Unitech, India's fourth-biggest real estate firm, has put two hotels near Delhi and some land parcels in southern cities on the block



from Real Estate-Markets-The Economic Times http://ift.tt/1dtVX6i

Unitech in talks to sell two hotels in NCR for about Rs 600 crore

Unitech has an operational hotel in Gurgaon comprising 200 rooms, while it is constructing a 250-room hotel in Noida.



from Real Estate-Markets-The Economic Times http://ift.tt/1gL8m5B

Pune sees highest office space addition in Q4 2013

The fourth quarter of 2013 saw an addition of 7.3 million sq ft of office space, significantly higher than the 3 million sq ft added in the preceding quarter.



from Real Estate-Markets-The Economic Times http://ift.tt/1kBAIVy

DDA set to clear plan for housing projects in outer Delhi

The Delhi Development Authority is close to clearing a plan that could open up new areas in the city for housing projects.



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Nikhil Zaveri, Owner of Rs 1,300-cr plot in Mumbai, is missing

The plot is home to the now-defunct Palm Beach School, a once-prestigious institution where wealthy businessmen vied to get admission for their children.



from Real Estate-Markets-The Economic Times http://ift.tt/1dtRtyg

United Nations Global Compact to frame business practice toolkit for realty

UN Global Compact and Royal Institution of Chartered Surveyors (RICS) will develop a toolkit to improve business practices in the sector.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/united-nations-global-compact-to-frame-business-practice-toolkit-for-realty/articleshow/28791476.cms

M3M to invest Rs 3,000 crore on 7 realty projects in Gurgaon

Realty firm M3M will invest Rs 3,000 crore over three years on the construction of ongoing seven projects in Gurgaon.



from Real Estate-Markets-The Economic Times http://ift.tt/1iN0bXV

FIIs pour in over Rs 3,500 crore in debt market

According to market experts, FIIs inflow in debt market is returning on account of some stability observed in foreign exchange and interest rates.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/fiis-pour-in-over-rs-3500-crore-in-debt-market/articleshow/28701360.cms

FIIs pour in over Rs 3,500 cr in debt market

FIIs also invested Rs 545 crore in the equity market. Their total investment in debt and equity was about Rs 4,091 crore.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/fiis-pour-in-over-rs-3500-cr-in-debt-market/articleshow/28701360.cms

Good interest for developing SEZ, non-SEZ areas in GIFT city

Gujarat International Finance Tec-city today said developers have shown interest for development of commercial and residential buildings.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/good-interest-for-developing-sez-non-sez-areas-in-gift-city/articleshow/28688644.cms

Ensure quality construction of DDA flats: Lt Governor Najeeb Jung

Jung emphasized the need for streamlining the system of conversion of property from leasehold to freehold so that there is no inconvenience to public.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/ensure-quality-construction-of-dda-flats-lt-governor-najeeb-jung/articleshow/28653754.cms

CCI rejects abuse of dominance complaint against Akshaya

CCi dismissed allegations of abuse of dominant market position against real estate developer Akshaya Pvt Ltd with respect to residential markets in Tamil Nadu.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/cci-rejects-abuse-of-dominance-complaint-against-akshaya/articleshow/28641278.cms

Nahar group launches F-Residences in collaboration with Fashion TV

Mumbai based real estate developer, Nahar Grp has announced a partnership with Eiffel Developers and Fashion TV to launch the first F-Residences.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/nahar-group-launches-f-residences-in-collaboration-with-fashion-tv/articleshow/28635595.cms

Lodha Group set to launch 2nd phase of mega city project in Mumbai

Leading estate developer Lodha Group today said it will launch the second phase of its mega city project 'Palava' on Saturday.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/lodha-group-set-to-launch-2nd-phase-of-mega-city-project-in-mumbai/articleshow/28604384.cms

Tata Housing launches Rs 2,000-crore luxury project in Mumbai

Tata Housing Development today launched a luxury residential project in the northeastern suburb of Mulund.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/tata-housing-launches-rs-2000-crore-luxury-project-in-mumbai/articleshow/28559118.cms

Office leasing activity in Delhi-NCR picked up pace in October-December 2013: CBRE

Office leasing activity in Delhi-NCR picked up pace in October- CBRE.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/office-leasing-activity-in-delhi-ncr-picked-up-pace-in-october-december-2013-cbre/articleshow/28556520.cms

Indiareit raises Rs 1000 crore for domestic property fund

The property fund manages about 43.43 billion rupees ($696.9 million) across five earlier funds and two third party mandates.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/indiareit-raises-rs-1000-crore-for-domestic-property-fund/articleshow/28549073.cms

Brigade Group buys 2.25 acre plot in Bangalore for Rs 69 crore

Brigade Enterprises has completed 67 housing, commercial, retail and hospitality projects, covering over 6.74 million square feet.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/brigade-group-buys-2-25-acre-plot-in-bangalore-for-rs-69-crore/articleshow/28516185.cms

City property owners get relief from new tax regime, for now

Property owners in Mumbai received interim relief from a new capital value-based property tax regime that may increase taxes by up to 300%, with Bombay HC intervening in the matter.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/city-property-owners-get-relief-from-new-tax-regime-for-now/articleshow/28505202.cms

IT park builders log on to on-campus homes

Developers believe that the time has come to offer residential solutions that allow buyers to circumvent or reduce the impact of the city's challenged infrastructure.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/it-park-builders-log-on-to-on-campus-homes/articleshow/28465556.cms

Sobha Developers' Q3 sales bookings fall by 6 pc to Rs 502 crore

The Bangalore-based company had achieved sales bookings of Rs 533.4 crore in the year-ago period.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/sobha-developers-q3-sales-bookings-fall-by-6-pc-to-rs-502-crore/articleshow/28429159.cms

CCI rules out abuse of dominant position by two realty firms, SG Estates Ltd and SKI View Hotel

CCI has dismissed the allegations of abuse of dominant position against two realty companies -- SG Estates Ltd and SKI View Hotel .



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/cci-rules-out-abuse-of-dominant-position-by-two-realty-firms-sg-estates-ltd-and-ski-view-hotel/articleshow/28347731.cms

AIG to sell Indian AMC business to Canadian fund

The assets that AIG Global Real Estate India Advisors manage in India will be transferred to Brookfield Asset Management, a Canada-based fund manager.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/aig-to-sell-indian-amc-business-to-canadian-fund/articleshow/28321831.cms

Novartis India strikes 8.7 lakh square feet office space deal in Hyderabad

Pharmaceutical firm Novartis has picked up 8.7 lakh square feet of office space in Hyderabad in a bid to consolidate its operations in the city.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/novartis-india-strikes-8-7-lakh-square-feet-office-space-deal-in-hyderabad/articleshow/28302685.cms

Realtors body flays hike in ready reckoner rate, seeks reversal

Realtors association has flayed the decision saying the move will harm the industry in particular and the state in general.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/realtors-body-flays-hike-in-ready-reckoner-rate-seeks-reversal/articleshow/28249323.cms

Delhi Development Authority to launch housing scheme

DDA will be launching a new housing scheme under which people from all the segments of the society will get affordable flats through a draw this year.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/news/delhi-development-authority-to-launch-housing-scheme/articleshow/28242213.cms

Shopping mall space supply to more than double in 2014: Report

According to Jones Lang LaSalle (JLL) India report on "Retail Real Estate', the total shopping mall stock is likely to reach 87.7 million sq ft by 2014.



from Real Estate-Markets-The Economic Times http://economictimes.indiatimes.com/markets/real-estate/realty-trends/shopping-mall-space-supply-to-more-than-double-in-2014-report/articleshow/28241675.cms