Indian home prices fell most in 52 nations, says IMF

India's real estate bubble finally bursting: The International Monetary Fund's recently-launched data series on global housing prices hints at that.



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DLF asks independent directors for ways to grow Rs 2K crore rental business

India's largest realty firm DLF has asked the company's independent directors to suggest ways to push the growth of its rental business.



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PE investment in real estate to cross Rs 12,000 crore

According to a report by property consultant Cushman & Wakefield, the PE investment in the sector was Rs 6,450 crore in 2013.



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DLF asks its independent directors to review rental business

DLF posted a net profit of Rs 646 cr over a turnover of Rs 9790 cr. It has a land bank of about 300 million sq ft, of which 57 million sq ft is under construction.



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REITs to go a long way in reviving core sectors: Sebi official

Ananta Barua, Executive Director, Sebi, said the Trust could invest in multiple properties and function on the lines of Mutual funds.



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MNCs increasingly prefer buying to leasing office space

MNCs accounted for 35% of total commercial asset sales in the country in the first three months of 2014, according to a report by Cushman & Wakefield.



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Noida builders using ground water; NGT pulls up authorities

The National Green Tribunal (NGT) today pulled up the authorities for their failure to restrain builders in Noida and Greater Noida from "extracting" ground water for construction.



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Ascott partners Puri Constructions to manage serviced apartments

"We are developing a serviced apartment project comprising 174 units near Dwarka Expressway. We have given the management contract to Ascott Ltd."



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Home buyers expect property price hike: Report

The IIMB Magicbricks (MB) Housing Sentiment Index is positive across 9 of the 10 cities surveyed with Hyderabad reflecting positive sentiment.



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Supreme Court asks DLF to deposit Rs 630 crore in court in 3 months

Admitting the DLF plea versus the Competition Commission of India, SC said that DLF will have to pay 9% interest if it loses Competition Panel case.



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GMR Infrastructure board approves allotment of Rs 567 crore worth warrants

GMR Infra Ventures LLP is part of promoter group. Shares of GMR Infrastructure gained marginally to end the day at Rs 25.10 on BSE.



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Snapdeal teams up with Tata to sell homes online

Average costs for the apartments will range from Rs 31 lakh to Rs 70 lakh, targeting India's burgeoning and increasingly affluent middle-class.



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Home sales expected to rise 26 per cent in second half of 2014: Knight Frank

A negative sentiment among home buyers due to the slow economy, high interest rates, inflation and also political uncertainty had tempered home sales in the first half of the year.



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Presidency Infraheights launches 100% FDI-funded project at Greater Noida

Real estate developer Presidency Infraheights Pvt Ltd has announced the launch of its first flagship, 100% FDI-funded project.



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80 per cent of flats should be reserved for Delhiites: BJP

Delhi BJP today called upon Lt Governor to ensure that 80 per cent of flats, being alloted by DDA, be reserved for Delhiites.



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Sotheby's realty arm enters India

Sotheby's International Realty Affiliates LLC has signed an exclusive agreement with Delhi-based RealPro to develop its brand in India.



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Property developer PACL says will appeal order to refund $8.1 billion

PACL said it would appeal a regulator's order to return at least $8.1 billion to investors in a land-for-funds scheme, as depositors went to the company's New Delhi office to demand their money back.



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Homebuyers expect property prices to rise in next six months: Survey

The aggregate Housing Sentiment Index measured across 10 cities rose by 9 per cent over the previous quarter and stood at 118.



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Property developer PACL says will appeal order to refund $8.1 billion

PACL said it would appeal a regulator's order to return at least $8.1 billion to investors in a land-for-funds scheme, as depositors went to the company's New Delhi office to demand their money back.



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Homebuyers expect property prices to rise in next six months: Survey

The aggregate Housing Sentiment Index measured across 10 cities rose by 9 per cent over the previous quarter and stood at 118.



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Bengaluru saw maximum appreciation of 41% in mid-income homes

The report analyses the performance of the residential segment of seven major cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru.



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Where money lives: India’s most affluent pin codes

When rich and not so rich households exist in close proximity to each other, their incomes get averaged out.



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Kolte-Patil bets big on Mumbai; eyes 30% revenue from it

The company is also in advance stages of entering into an agreement for a fourth redevelopment project. However, he did not disclose further details.



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Yamuna Express Yamuna Expressway homebuyers to pay more

Homes in Yamuna Expressway become expensive UP cabinet approved higher rate of compensation for farmers from whom the land was originally acquired.



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Narendra Modi government to scrap order on setting up non-statutory independent coal regulator

Mooted as one of the biggest reforms for the sector, the executive order for the interim coal regulator was passed by UPA.



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DDA Housing Scheme 2014 to be rolled out from September 1

The new scheme offers flats ranging from Rs 7 lakh to Rs 1.2 crore across categories, viz - EWS, LIG, MIG, HIG, Janta flats and one-room apartments.



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With results still on hold, United Spirits may fall off investors' radar

United Spirits shares will be out of Nifty and its futures and options contracts will not be traded as the company has failed to adhere to norms.



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Tata's Camelot housing project in Chandigarh falls under seismic zone, HC told

Tata Camelot Housing project near Sukhna Lake in Chandigarh falls within the area which is ecologically sensitive and "prone to seismic activity",



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DDA allows conversion of property through general power of attorney, registered agreement

The DDA has decided to allow the conversion of property from leasehold to freehold on the basis of registered agreement .



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Global investors eying Indian real estate market: Tod Lickerman, CEO DTZ

Interest in India has been higher since polls also because of the global recovery, said Tod Lickerman, CEO of property consultancy DTZ.



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Cost of houses pretty high, scope for reduction: RBI's S S Mundra

The senior RBI official said developments in construction technologies should make it possible for developers to bring down home prices.



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Prateek group launches new project with an outlay of Rs 5,000 crore

Real estate developer Prateek group today lanched of its new project 'Prateek Grand City' in Ghaziabad with an estimated investment of Rs 5,000 crore.



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Property Perfume: can you smell the money?

The new creative is different from the earlier ones, as all the other ads are aimed at 'buyers' and this creative is aimed at 'sellers'.



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Bangalore attracts more private equity money investment

Real estate market in Bangalore attracted the maximum PE investment in the first half of 2014, beating the national capital Delhi.



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Francis Alapatt Group forays into realty business

The group's jewellery retail division, Alapatt Heritage, has been a pioneer in gold jewellery retailing ever since 1963.



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Mall vacancy marginally dips to 14.47% of total area in Q2

The maximum increase in vacancy levels of malls was in Hyderabad of 6.82 percentage points to 8.22 per cent in Q2 of 2014.



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BlackSoil Realty Fund invests Rs 30 crore in Sheth Developers

Private equity player BlackSoil Realty Investment Advisors has made its maiden investment of Rs 30 crore in Mumbai-based Sheth Developers.



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Steep rentals, lack of quality retail real estate making it tough for luxury brands to expand business in India

Malls charge between Rs 300 & Rs 1,000 per sq ft a month as rental & Rs 50 per sq ft for maintenance, forcing many players to tweak their business plans and go slow.



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Congress did not pursue policy of appeasement of minorities: Vayalar Ravi

The Antony panel has reported that the policy of appeasement of the minorities was the main reason for the defeat of the Congress in the polls.



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Smart things to know about equitable mortgage

Some state governments have made it mandatory to register equitable mortgages by filing a notice of intimation of an equitable mortgage within a prescribed period.



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How can you buy property for Rs 2 lakh? REITs to help investors

Now, you don’t need deep pockets for investing in property. REITs will allow middle-class investors to participate in the real estate market.



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CBI to probe Tata Realty-Unitech land deal

The CBI has also said that it would be investigating the allocation of dual technology spectrum to Tata Teleservices in February 2008.



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Indians top investor in Dubai's real estate market

"Indian nationals were ranked first for foreign investment, making a total of 4,417 transactions worth Dh 10.523 billion (USD 2.865 billion)."



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HC seeks Centre, Delhi government's reply on PIL to quash circle rates

Delhi High Court has sought response of Centre and city government on a plea for quashing of the existing circle rates in the national capital.



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Pharande Spaces launches township project in Pune

Real estate firm Pharande Spaces launched a luxury township project -- Puneville -- at Pune in Maharashtra.



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Delhi High Court ruling, budget sops to bring in PE funds to realty market

Over the last few years, the investors putting in money in Indian real estate were concerned about both regulatory and market issues.



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Runwal Group offers Rs 1,000 crore to Crompton Greaves for land in Mumbai

Runwal Group has offered to pay Crompton Greaves Rs 1,000 crore for 25 acres in Mumbai, making it the highest bidder ahead of Lodha Developers.



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Donald Trump likely to make equity investment in second Trump Towers in Pune

Trump is likely to invest in a yet-to be announced Trump Towers project which is currently being developed by Panchshil Realty in Pune.



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Investment banks, law firms get set to cash in on REITs

REITs have finally emerged as an investment avenue for investors after the Securities & Exchange Board of India approved the setting up of REITs in India through an order on August 10.



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Bungalows in Lutyens Delhi, including PM's residence, may not be able to withstand an earthquake

Delhi lies in seismic zone IV, which is considered a high-risk area in seismic zoning map of India, hence following BIS code is all the more necessary.



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CPWD: Secure Lutyens bungalows, follow BIS code for earthquake resistant structures

Delhi lies in seismic zone IV, which is considered a high-risk area in seismic zoning map of India, hence following BIS code is all the more necessary.



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