Housing prices rise in 18 cities by up to 3.9 per cent: National Housing Bank

In the national capital, housing prices dropped by 3 per cent during the first quarter of this fiscal compared with the January-March 2014.



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HCL chairman Shiv Nadar buys Rs 115 crore Delhi bungalow for daughter Roshni

This is one of the largest transactions in recent times in an area of Delhi outside of the coveted Lutyens Bungalow Zone (LBZ).



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FDI in real estate may double after easing of rules: NAREDCO

Yesterday, the Cabinet relaxed FDI rules in construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms.



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GMR Group head G Mallikarjuna Rao appointed as APSSDC chairman

The APSSDC, constituted on September 10, will function on the lines of the National Skill Development Corporation (NSDC) to take the state on a "speedy path of development".



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Delhi Development Authority to have incentive policy for green buildings soon

New Delhi MP Meenakshi Lekhi, who was chairing the session, advocated for constructing effluent treatment plants instead of low cost compost.



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HSBC buys duplex for Rs 60 crore in South Mumbai locality

HSBC has bought a luxury duplex apartment overlooking the Arabian Sea in south Mumbai’s Mahalaxmi locality for around Rs 60 crore.



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DLF gets British Safety Council award for office buildings

DLF has become the first real estate organisation in the world (in office complex infrastructure development and operation) to earn this honour.



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Emaar MGF partners PayU for online payment facility to buyers

PayUMoney would help customers to pay anytime and any amount with no restrictions of NEFT or RTGS, it added.



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Urban areas in and around Delhi constitute 40% of unsold real estate in top eight cities

The NCR has a total of 303.48 million sq ft (about 303,000 apartments) of unsold real estate, according to property research firm Liases Foras.



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Housing prices remain stable in September, supply dips: CBRE

The consultant tracks real estate market of seven cities - Delhi-NCR, Mumbai, Chennai, Kolkata, Pune, Hyderabad and Bangalore.



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Sebi-DLF case may have wider ramifications for realty sector

The company has challenged the order through an appeal before the Securities Appellate Tribunal (SAT), which would hear the case next on October 30.



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What to look-out for in a property for rent

If you are buying a house to earn rental income, ensure that you make realistic assumptions.



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HSBC buys duplex for Rs 60 crore in South Mumbai locality

HSBC has bought a luxury duplex apartment overlooking the Arabian Sea in south Mumbai’s Mahalaxmi locality for around Rs 60 crore.



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DLF gets British Safety Council award for office buildings

DLF has become the first real estate organisation in the world (in office complex infrastructure development and operation) to earn this honour.



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Emaar MGF partners PayU for online payment facility to buyers

PayUMoney would help customers to pay anytime and any amount with no restrictions of NEFT or RTGS, it added.



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What to look-out for in a property for rent

If you are buying a house to earn rental income, ensure that you make realistic assumptions.



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Urban areas in and around Delhi constitute 40% of unsold real estate in top eight cities

The NCR has a total of 303.48 million sq ft (about 303,000 apartments) of unsold real estate, according to property research firm Liases Foras.



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DDA to webcast 'Housing scheme 2014' draw live on YouTube

The tentative date for draw of the lots for the new scheme, which offers over 25,000 flats across various categories, ranging from Rs 7 lakh to Rs 1.2 crore.



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Housing prices remain stable in September, supply dips: CBRE

The consultant tracks real estate market of seven cities - Delhi-NCR, Mumbai, Chennai, Kolkata, Pune, Hyderabad and Bangalore.



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Sebi-DLF case may have wider ramifications for realty sector

The company has challenged the order through an appeal before the Securities Appellate Tribunal (SAT), which would hear the case next on October 30.



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Festive season fails to bring cheers for real estate

Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.



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Realty portals filling information gap for buyers

Softbank and PropTiger have collaborated with SafetyPin to provide information regarding safety quotient of new projects in Delhi and NCR.



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Consumer activism: Buoyed by social media and pro-consumer courts, homebuyers take on errant builders

A decade or two ago, since the real estate industry was small, segmented and unregulated, unscrupulous builders could act with impunity.



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Role of DLF I-bankers under Sebi lens? Real estate giant moves SAT against ban order

I-banks involved in the IPO were DSP Merrill Lynch, Kotak, Citigroup, Lehman Brothers, Deutsche Equities, ICICI Securities, UBS Securities and SBI Capital Markets.



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Supertech hands over 1,000 homes to buyers in 2 Noida projects

Realty firm Supertech Ltd today said it is handing over 1,000 housing units to customers in its two housing projects in Noida.



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DLF files appeal against regulatory ban

A senior DLF executive confirmed the appeal application to the Securities Appellate Tribunal (SAT). The first hearing on the appeal will take place on Wednesday.



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Housing and Urban Development Development Corporation pays Rs 100 crore dividend for FY'14

HUDCO, a financing arm, posted profit after tax of Rs 726.34 crore for 2013-14 as against Rs 700.56 crore during the previous fiscal.



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Residential property sales likely to improve in 6-12 months: Survey

Real estate purchase sentiment index has improved by almost 2.5 points to 32.3 in September this year reflecting an improvement in consumer interest, a survey says.



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Realty body APREA seeks greater tax clarity for REITs, InvITs

Realty body APREA has sought greater clarity on taxation issues for the newly created investment vehicles REITs and InvITs.



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Office space leasing up 31% in Jul-Sep at about 8 mn sq ft

Office space absorption rose 31% in major cities during the July-September period at about 8 million sq ft on higher demand from corporates.



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Canada offers to partner India in 'housing for all'

The offer was made by visiting Canadian Minister of International Trade Ed Fast during his meeting with Venkaiah Naidu.



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DLF Ltd faces tough choices after fund-raising ban

The ban follows what SEBI said was DLF's failure to provide key information on subsidiaries & pending legal cases at its record-breaking 2007 IPO.



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Housing demand to pick up in 6-8 months: Report

The Union Budget 2014-15 has laid considerable emphasis on the realty sector and this has infused a positive sentiment for the future.



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Will defend against SEBI ban order: DLF

DLF Ltd said it would defend itself against any adverse findings contained in the order passed against it by Securities and Exchange Board of India.



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New home launches rose 30 per cent in March quarter: Assocham

The launches of new homes amid slowdown in demand led to rise in unsold inventory by nearly seven per cent, it (Assocham) added.



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Tata Housing's arm Value Homes launches e-commerce platform to sell homes

Tatavaluehomes.com will enable buyers to book homes in 3 easy steps for just Rs 30,000 under the inaugural offer, said the realty arm of Tata Group.



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Sare Homes announces new payment plan for 200 apartments

Relia added that the innovative plan will help the aspiring customers to purchase their dream homes without denting their pockets Ghaziabad.



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Mahindra Lifespaces Developers launches affordable housing project in Mumbai

'Happinest' endeavours to meet the housing needs of families with current combined monthly income of Rs 20,000 to Rs 40,000, Arjundas said.



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Home buyers not fully convinced about recovery in real estate sector

Also buying are people who want a house to live in and can afford finished properties, several at a healthy discount from investors desperate for an exit.



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DDA extends new housing scheme submission dateline to October 15

The 'DDA Housing Scheme 2014', offering over 25,000 flats across various categories, was launched on Sept 1 and the last date earlier was Oct 9.



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Real estate market cold as realtors fail to woo customers this festive season

According to property research firm Liases Foras, there were about 7.6 lakh unsold apartments across India at the end of June. “There isn’t such a big boost.



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Godrej Properties adds new housing project in Mumbai

Realty firm Godrej Properties Ltd today said it has entered into an agreement with a land owner to develop an affordable housing project near Mumbai.



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5 things to remember when buying a luxury property

Here are some of the criteria to which you should give primacy when buying a luxury property since the amount of money at stake is high.



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Why real estate is not quite a failproof investment

While real estate is generally regarded as a safe investment in India, there are many pitfalls. Here we discuss some of the common ones & how to avoid them.



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NDMA says residential high-rise towers don't conform to earthquake safety standards; comes up with norms on seismic retrofitting

The National Disaster Management Authority (NDMA) under the home ministry has come out with norms on seismic retrofitting of deficient buildings .



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DDA makes website disabled-friendly; to gear up for draw time

DDA website following its launch crashed on the opening day, receiving a total hit of 11L on day one & an average hit of over 18L in first two days.



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US private equity firm Kohlberg Kravis Roberts to invest Rs 750 crore in 2 realty projects in metros

KKR has struck a structured debt transaction for Rs 400 crore for the Bhartiya Group’s integrated township project in Bangalore, two people with direct knowledge of the transactions said.



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Builders lap up loans despite a slowing real estate markets

Loans to commercial realty soar 17.6% y-o-y in August as builders rush to finish projects versus an overall loan growth of 10%.



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Fair value of land in Kerala enhanced by 50 per cent

Decision to hike the fair value was taken after it was found that the government was incurring heavy loss during land transaction.



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Venkaiah Naidu asks real estate sector for 'out of box' ideas

"Real estate sector also has to work with out of box ideas to make a mark in affordable housing segment," Naidu said.



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