DLF sales bookings up 7 per cent in FY'14 to Rs 4070 crore; debt falls

DLF said it would continue to focus on opportunities to improve quality and tenure of debt such as through issuance of CMBS etc.



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Mall rentals in free fall as e-Tail clicks with shoppers

Retailers are fighting a tough market as weak consumer sentiment, along with a stagnation in jobs and incomes, keeps shoppers away.



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Government likely to grant infrastructure tag to low-cost housing segment

An infrastructure status makes it easier for realty developers to get finance from banks & for longer tenures, eventually raising the supply of houses.



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Realty players hope Narendra Modi to usher in faster reforms for sector

With the Narendra Modi government taking charge today, real estate players hope the sector will get due priority, which will help bring the economy back to 8-9 per cent growth.



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Mumbai favourite among UAE-based NRIs for property investment

Mumbai has emerged as the top Indian city for property investments by NRIs in the UAE with Bangalore being the second most popular, according to a survey.



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India Realty Fund-I distributes 5 per cent income

India Realty Fund-I ( IRF-I), managed by Private Equity player, Azure Capital has announced second distribution of profit earned by the Fund May 18.



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Energy-efficient buildings increase return on your realty investment

Energy-efficient buildings not only help lower the utility and maintenance costs, but also translate to better value in the long term.



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Brys Group gives Rs 330 crore construction contract to UAE's ACC

Brys Group is developing a super luxury project on Noida Expressway which is spread over 7.5 acres and comprises 291 flats at an investment of about Rs 850 crore.



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HDIL to sell land parcels in Mumbai, Hyderabad to pare debt

The realty firm wants to sell off its 100-acre land parcel in Hyderabad and some of its commercial projects in Mumbai this fiscal.



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DLF raises Rs 525 crore via securities backed by Delhi retail mall

India's largest realty firm DLF had announced in Oct a plan to raise about Rs 1,000 crore through issue of securities backed by mortgage of two retail assets.



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Teaser rates return in new avatar as Puravankara bets on rate softening

RBI has been critical of home loan products with low interest rates in the initial years, as it took the view that customers may not be able to afford repayments when they became costlier.



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Mumbai-based PE firm to invest Rs 100 crore in Casa Grande

Mumbai-based private equity firm Avenue Venture Real Estate Fund proposes to invest up to Rs 100 crore in city-based developer Casa Grande.



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Commercial rents may rise in coming few quarters

Rentals for office and retail spaces are expected to increase in the coming quarters on the back of rising demand, according to a survey by RICS.



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COMPAT upholds CCI’s Rs 630 crore penalty on DLF

Sanjay Bhasin, president of the Belaire Owners Association said this order has paved the way for buyers in the DLF projects to file compensation claims.



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Realtors seek single window clearance system from Narendra Modi

Real estate sector has jumped on the Modi wave hoping for a revival in fortunes . The real estate body of Noida has sent a proposal to Modi



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New government: Home prices may not rise immediately

Buyers who are currently hunting for a property shouldn't worry too much about real estate prices rising—at least in the near term.



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Ansal API MD Pranav Ansal summoned by Delhi court

Ansal, the MD of Ansal API, has been summoned by a district court in Delhi for allegedly cheating a former colleague of Rs 40 crore.



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Mahindra Lifespace Developers gets Rs 325 crore from sale of Mumbai land

Mahindra Lifespace Developers has received Rs 324.95 cr from sale of a five-acre property in the Byculla area of the city owned by the Kanoria family.



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Inventory of unsold homes up 4.85% in January-March quarter at 7,34,000 units

It would take at least 31 months to sell this stock at the current rate of absorption. A healthy market, however, would maintain inventory for just 8 months.



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Prices of commercial property like offices and shops fall 30% from peak on oversupply, weak demand

A fifth of commercial space is vacant in India because a slowdown in economy has reduced frequency with which new businesses come up and existing ones scale up.



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Five ways to check a builder’s reputation

If you are planning to buy a property under construction, don’t just go by the brochure claims. A lot depends on the builder’s competence and resources.



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Realty rally has little to sustain it, investors should be cautious

Investors need to be a little cautious of the recent rally in real estate stocks, led largely by the anticipation that a business-friendly govt will assume power.



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Ansal Properties to invest Rs 130 crore on SEZ development in Greater Noida

Ansal Prop has revived its plan to develop a 75-acre IT SEZ in Greater Noida and will invest about Rs 130 cr over the next three years on construction.



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Tata Sons chairman Cyrus Mistry's company wins battle 'royal' against lawyer

Co says lawyer misused general power of attorney to sell assets it bought from Hyderabad Nizam’s heirs.



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Tata Housing to invest Rs 450 crore on housing project at Kolkata

Tata Housing, of Tata Group, would develop more than 700 apartments in 13-acres project 'Avenida' that is located at New Town.



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Tata Housing to invest Rs 450 crore on housing project at Kolkata

Tata Housing, of Tata Group, would develop more than 700 apartments in 13-acres project 'Avenida' that is located at New Town.



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Ensure transparency while inviting bids: CVC to govt depts

The CVC has asked them to make explicit the pre-qualification and evaluation or exclusion criteria.



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Supertech case: Supreme Court agrees to exa plea

If the towers are demolished, money must be paid to flat owners by the authority as it colluded and participated in giving sanction for them, the court said.



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After CP, NDMC to revamp Khan Mkt and Gole Mkt

After giving Connaught Place a facelift, the NDMC has decided to revamp its two other city landmarks -- Khan Market and Gole Market.



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Groups of high networth individuals make the best of slowdown in home sales

With developers under pressure, groups of HNIs are offering to buy multiple properties but are negotiating hard with developers, extracting deep discounts & built-to-suit payment plans.



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Property prices crash 30% as buyers hold on cash till election verdict

Stocks have been rising on expectation that Modi will form a stable govt, but that assurance doesn't seem to have enthused people to buy homes.



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Bull run in anticipation of 2014 poll result? Property prices crash 20-30%

Stocks may have been surging over the past few months but the secondary residential market has been going the other way, according to available evidence and data.



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Supertech case: Supreme Court agrees to examine plea, orders status quo

If the towers are demolished, money must be paid to flat owners by the authority as it colluded and participated in giving sanction for them, the court said.



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APG and Xander launch $300 million India office fund

“Over time, if buying opportunities continue to emerge, the venture’s size may be increased to $500 million,” a statement from APG and Xander said.



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APG, Xander launch $300 mln fund to buy office assets in India

The size of the fund can be increased to $500 million, and it will invest in cities including Mumbai, Bangalore, Chennai, Hyderabad and Pune as well as Delhi.



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Godrej Properties fourth quarter sales bookings up by 77 per cent to Rs 1,066 crore

Sales bookings of Godrej Properties rose by 77 per cent to Rs 1,066 crore in the fourth quarter of the last fiscal despite market slowdown.



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After Connaught Place, NDMC to revamp Khan Market and Gole Market

After giving Connaught Place a facelift, the NDMC has decided to revamp its two other city landmarks -- Khan Market and Gole Market.



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Supreme Court to hear pleas of Noida authority and homebuyers against Allahabad High Court's Supertech towers razing order

The SC will tomorrow hear pleas, challenging the Allahabad High Court's order to demolish Supertech's two under-construction 40-storey towers.



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Embassy-Blackstone joint venture buys majority stake in Bangalore business park

A company spokesperson said that Embassy office Parks has acquired 60 per cent stake in Embassy TechVillage for nearly Rs 1,200 crore.



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Supertech verdict may lead to activism in real estate

India’s real estate sector has perennially suffered long delays in delivery of homes and other real estate projects.



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Refund additional Floor Area ratio charges to institutions: Delhi High Court to DDA

Delhi HC asked DDA to refund the amount taken from certain private educational institutions as additional Floor Area ratio charges on the land given to them on lease-hold basis.



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