Realty stocks crash, Unitech plummets 35%

Last Updated: Wednesday, June 3, 2015, 20:54

Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.

New cities necessary for development of country: Jaitley

Last Updated: Saturday, May 30, 2015, 21:27

Finance Minister Arun Jaitley on Saturday underlined the need to build new cities for turning India into a developed country.

Housing.Com acquires Realty BI for $2-4 mn

Last Updated: Wednesday, May 27, 2015, 23:21

Real estate portal Housing.Com has acquired city-based start-up Realty Business Intelligence for an estimated USD 2-4 million deal (Rs 12-24 crore).

Housing.Com eyes international foray

Last Updated: Wednesday, May 20, 2015, 17:49

Property portal Housing.Com is eyeing international realty market for expanding business and is looking at regions like South East Asia and Middle East, a top company official said.

CHD Developers to invest Rs 350cr in new project in Gurgaon

Last Updated: Monday, May 18, 2015, 18:33

Realty firm CHD Developers Ltd Monday said it will invest about Rs 350 crore over the next four years to develop a housing project in Gurgaon.

Real Estate Bill sent to select committee of Rajya Sabha

Last Updated: Wednesday, May 6, 2015, 17:57

A united Opposition on Wednesday forced Government to send the controversial Real Estate Bill that seeks to regulate realty business, to a 21-member select committee of Rajya Sabha, which has been asked to submit its report by the first week of the Monsoon Session.

Opposition forces deferment of Real Estate Bill in Rajya Sabha

Last Updated: Tuesday, May 5, 2015, 16:46

Sensing the mood, the government, which faces numbers crunch in the Upper House, said it was not insisting on taking up the bill even though it was listed.

Opposition forces deferment of Real Estate Bill in Rajya Sabha

Last Updated: Tuesday, May 5, 2015, 14:31

Opposition on Tuesday forced deferment of Real Estate Bill in Rajya Sabha, insisting on referring it to Select Committee of Parliament.

Private equity in realty sector dips 5.6%

Last Updated: Sunday, April 26, 2015, 13:47

It was, however, up by 84 per cent over the January-March period of last year.

CBRE to buy Johnson Control's real estate biz for $1.47 bn

Last Updated: Wednesday, April 1, 2015, 17:55

Real estate consultancy firm CBRE has entered into an agreement to acquire Johnson Controls' work space solution business GWS for USD 1.475 billion in an all cash deal.

Government says $5mn FDI in construction must come in 6 months of nod

Last Updated: Friday, March 13, 2015, 15:46

Government on Friday said foreign companies investing in the construction sector will have to bring in a minimum of USD 5 million within six months of the date of approval of the building plan.

CCI probed 132 cases of abuse of dominance in realty sector

Last Updated: Tuesday, February 24, 2015, 17:37

Fair trade regulator CCI has probed 132 cases of alleged anti-competitive practises in real estate sector but passed orders in only 13 cases, including against DLF, while other matters have been disposed of without any action, Parliament was informed today.