Ashiana Housing launches project in Sohna

Ashiana Housing Ltd has moved closer to Delhi and Gurgaon with their latest residential project ‘Ashiana Anmol’ at Sohna.

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Godrej Properties plans to launch 14 projects this fiscal

Godrej Properties is looking to launch a total of 14 projects during the current financial year ending March 2016, said a top official of the company.

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Jones Lang LaSalle to launch investment arm in India

LaSalle Investment Management is entering India at a time when large global fund managers are warming up to country's rent yielding commercial assets.

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News Corp-backed PropTiger.com acquires Makaan.com

PropTiger.com has over 500 employees, while Makaan.com has more than 165 staffers.

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Scrapping DP 2034: What Mumbai really needs

How will the decision impact Mumbai's real estate market and the developers who have projects in the city.

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Ask the builder to get you off the grid

Apartment buyers are asking for it and developers are offering it as an amenity. And considering its benefits no one is complaining about the one time investment.

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Master plans should be people's documents

In two major urban agglomerations - Mumbai and Gurgaon - planning has been in the eye of the storm.

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10.2 million houses in urban India lying vacant: CBRE

Primary reason for this supply-demand mismatch is the paucity of formal housing options low-income population with low affordability levels, said CBRE.

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News Corp-backed realty portal PropTiger.com acquires Makaan.com

The transaction will bring Makaan.com and PropTiger.com together onto an online real-estate platform, offering end-to-end realty services.

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Modified DDA flats may not survive an earthquake

DDA and municipalities admit that the problem of illegal structures has got out of hand by officials turning a blind eye or accepting bribes.

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Asia shares pause, dollar pressured before US Federal Reserve

Asian share markets paused near seven-year peaks on Wednesday while investors exited crowded positions in the US dollar as the Federal Reserve wraps up a two-day policy meeting.

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Is your building earthquake proof?

The devastating earthquake in Nepal has reignited the debate about earthquake safety in buildings across India, and how they can be made safer.

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Now get land records of south west district in a click!

The first-of-its-kind initiative to digitise land records will allow the citizens to download digitally signed copies of their record from the website.

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Earthquake: NCR realtors say they adhere to all safety norms

A strong earthquake recently hit Nepal and some parts of India, following which concerns have been raised about the safety standards of high-rise buildings.

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GIC to acquire about 64% stake in Nirlon for Rs 1,280 crore

GIC said that Reco Berry, pursuant to the open offer and agreements with shareholders, is "acquiring 63.9 per cent for Rs 12.8 billion in Nirlon Ltd."

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Piramal Fund Management forays in Ahmedabad with Rs 225-crore investment

The real estate investment platform of Piramal Enterprises has invested in the project spread over 10 acres in Ahmedabad through debt.

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MCGM to fast track realty, construction permissions

Industry experts believe that the new simplified system will benefit the consumer, help reduce project delays and eventually make them relatively affordable.

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Puravankara Projects buys 31.69 acres land in Chennai to develop affordable homes

Realty firm Puravankara Projects today said it has acquired 31.69 acres land in Chennai for Rs 110 crore to develop affordable homes.

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PIL seeks safety norms for high rise construction from govt

Experts point out that there is no separate code for high rise buildings.The focus has to shift from cheapest to the best performance.

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Provident Housing set to raise funds from private equity firms for expansion

Provident Housing currently contributes 30% to the group's revenue, while 70% comes from the Purva brand that constructs middle-income and luxury homes.

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Earthquake cover for homes costs just Rs 6-12 a day

A 2,000 square foot house can be insured for Rs 35-70 lakh, for which the premium will be roughly Rs 2,100-4,200 a year.

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Earthquake cover for homes costs just Rs 6-12 a day

A 2,000 square foot house can be insured for Rs 35-70 lakh, for which the premium will be roughly Rs 2,100-4,200 a year.

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Mumbai, Delhi buildings fall short of quake-proof norms

Safety experts also point out the absence of separate guidelines in India for highrise buildings, which are becoming a common sight in big cities.

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Private equity investment in realty sector dips 5.6% to Rs 5,170 cr in Jan-Mar

Delhi-NCR, Mumbai and Pune saw a decline in investments over the preceding quarter whereas PE inflow increased in Bengaluru and Chennai.

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Foreign investors against arbitrary change in tax policy: JLL

President and CEO of property consultancy firm Jones Lang LaSalle, said foreign investors were against any arbitrary change of policies and taxes with change of government.

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New realty project launches down 50% in January-March: C&W

Even as the realty industry has talked of revival in market sentiment, the number of project launches witnessed almost 50% decline during the January-March period compared to the same period last year.

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Residential project launches down by 50% in Jan-March 2015, says Cushman & Wakefield report

Jan-March quarter of 2015 has seen a 50% decline in new residential project launches across the country compared to the same quarter last year: Cushman & Wakefield.

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Maharashtra's decision to scrap Mumbai’s ‘Development Plan 2034’ to delay many projects

The same will then be put up for citizens' suggestion/objection and all of this effectively taking nearly a year since February when the plan was first announced.

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Supertech may list six malls as REIT to raise Rs 500 crore

Capital gains tax will be applicable for direct transfer of assets to these trusts. The budget didn’t offer clarity on dividend distribution tax.

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Shortage of office space in top metros, rents shoot up

Ecommerce giants like Snapdeal took 3,37,000 sq ft, Flipkart leased 3,35,000 sq ft and Jabong opted for 2,05,000 sq ft space across Bangalore, NCR.

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UK's Nottingham city offers Indian companies free office space

One of Britain's lesser known cities, Nottingham, has announced an offer of free office space for a period of two years for any Indian company looking to set up a new business in the region.

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No house tax in Kerala for buildings upto 660 sq feet

In significant people- friendly measure, Congress-led UDF government in Kerala today decided to give house tax exemption for buildings up to 660 sq feet.

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Mumbai ranks 15th on global office skyscraper rents index: Knight Frank's Skyscraper 2015 Report

Among the 18 global property markets, Hong Kong boasts the world’s highest skyscraper office rents at $250.50 per sq ft a year, the report showed.

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Realty firm Sobha lines up Rs 3,500 cr for new housing project

Realty firm Sobha will invest about Rs 3,500 crore over the next 7-8 years to develop a mid-income housing project in the city.

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Kolkata outskirts blip louder on realtors' radars

These upcoming areas have seen a 30-40% increase in real estate activity over the past two years, according to industry body CREDAI Bengal.

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Homebuyers preferred buying larger homes in Jan-March 2015 quarter: Report

Homebuyers are opting for larger apartments even as they seek value for money options in the market, says a report by Magicbricks.

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CCI dismisses anti-competitive case against Vatika Group

The matter relates to the purchase of a commercial unit in Vatika Professional Point Sector in Sector 66 of Gurgaon, Haryana.

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Property market to improve by March 2016: Fitch

Fitch raised its forecasts for India's GDP growth to 8 per cent for the current fiscal.

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Branded homes great success in India: John Hitchcox, YOO

At present, we are focusing our energy on the burgeoning residential market in India.Our hotel management company YOO Hotels has been growing in strength.



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Real estate portals are the easiest way to find home

As per a recent poll conducted by Magicbricks, the majority of the respondents have said that real estate portals are the easiest way to find a home.



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NCR builders claim to follow NGT orders

The areas identified are two-km stretch from NH-24 to Char Murti Chowk in Noida Extension and Golf Course, Gurgaon, on either side of the road.



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Is Indian real estate set to change forever?

That India is facing a 22.7 million units housing shortage and trying to cover the gap in just seven years by 2022 is ambitious.



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Want to buy a hill or lake? Come to Faridabad, Gurgaon

Former revenue officials told TOI that lured by real estate players, several gram sabhas were allowed to convert common land, including forested hills and water bodies, into private properties.



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Investment in real estate plummeted 6% in 4 years: Poll

Real estate projects involving about 76 per cent of the total investments attracted by the sector remained non-starter during the period between 2011-12 and 2014-15.



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Office space leasing in Delhi-NCR drops 57% in Jan-Mar

Net absorption of office space in Delhi-NCR fell to 6.26 lakh sq ft during January-March from 14.61 lakh sq ft in the year-ago period.



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Mahagun launches luxury housing project in Noida

Mahagun's ‘M Collection’ is a bouquet of designer homes, comprising of villas, villaments, condominiums and penthouses.



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Singapore's GIC to acquire Shriram SEZ for Rs 860 crore

With this deal, GIC would have cumulatively invested about Rs 2,000 crore in buying office spaces in Mumbai, Bengaluru and Chennai since December last year.



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DLF gets interim reprieve from Sebi's Rs 26 crore penalty order

The appeal came up for hearing today before the Tribunal, along with appeals filed by DLF's top executives including Chairman K P Singh.



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Top 6 real estate scams and how home buyers can avoid them

Real estate scams run the entire gamut, from legal frauds and fly-by-night operators to false promises and buy-one-get-something-free offers.



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Home prices in prime locations of Delhi down 20% since 2013

Residential prices in posh areas of south and central Delhi such as Vasant Vihar, Defence Colony, Jor Bagh and Golf Links witnessed a decline.



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