Pride Asia: Parsvnath returns land, CHB gives Rs 567 crore

Last Updated: Wednesday, February 4, 2015, 21:52

The curtains on much-publicised integrated township project 'Pride Asia' promoted by realty firm Parsvnath Developers in collaboration with Chandigarh Housing Board finally came down with later agreeing to refund the award money and former returning the land.

CCI pulls up builders for exploiting buyers; but lets them off

Last Updated: Wednesday, February 4, 2015, 20:42

Coming hard on real estate players across-the-board for "exploitative conduct" and unfair trade practices, the Competition Commission on Wednesday asked them to mend their ways, but stopped short of penalising them due to lack of evidence.

Delhi-NCR housing sales drop 43% in 2014

Last Updated: Wednesday, January 28, 2015, 18:32

Housing sales in Delhi-NCR market declined by 43 percent last year at 40,575 dwelling units, the lowest in a decade, while prices rose marginally by 3 percent, according to property consultant Knight Frank India.

Govt's new housing policy faces challenges: Report

Last Updated: Thursday, January 22, 2015, 00:39

The new government's 'housing for all by 2022' and liberalised FDI norms will boost the residential mortgage backed securities (RMBS) market, but challenges remain for development of the sector, says a report.

Two crore units to be built under 'Housing for All' programme

Last Updated: Wednesday, January 21, 2015, 23:26

Under the programme which will involve private participation, six lakh houses will be built in Delhi, 16 lakh in Mumbai and four lakh each in Chennai and Kolkata, a PMO statement said, adding these figures may go up after the demand assessment is completed.

CCI order related to realty sector likely in 2-3 weeks: Chawla

Last Updated: Monday, January 19, 2015, 15:24

The Competition Commission is likely to pass its ruling in next two to three weeks on the alleged unfair business ways in the realty space, a case where about 20 entities came under the regulator's scanner.

CCI order soon on case related to unfair ways in realty sector

Last Updated: Sunday, January 18, 2015, 12:24

Competition Commission is expected to soon finalise its order on alleged unfair business practices in the realty sector, a matter where around 20 entities have come under its scanner.

Credai calls for reforms in realty sector in New Year

Last Updated: Thursday, December 25, 2014, 23:01

The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.

Credai calls for reforms in realty sector in New Year

Last Updated: Thursday, December 25, 2014, 20:33

The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.

Private equity in realty sector to grow up to $3 billion in 2 years

Last Updated: Thursday, December 11, 2014, 19:42

The government's decision to relax FDI norms in the construction sector is likely to attract private equity investments to the tune of up to USD 3 billion in the real estate market in the next two years, according to property consultant Jones Lang LaSalle (JLL).

Government relaxes FDI norms for construction sector

Last Updated: Wednesday, December 3, 2014, 16:17

In view of depleting FDI inflow in construction and real estate sector in last couple of years, the government has reduced the minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt.

Piramal PE closes Rs 1,000-cr realty fund

Last Updated: Wednesday, January 8, 2014, 17:39

The Piramals-backed private equity fund, focused on realty sector, on Wednesday said it has finished raising a Rs 1,000-crore fund and has already committed Rs 250 crore from the corpus in three projects.