Govt committed to bring balanced real estate regulatory bill

Last Updated: Friday, July 17, 2015, 19:46

The government on Friday said it will bring a balanced real estate regulatory bill to protect the interest of buyers as well as industry and the proposed law would reinforce the confidence of consumers and financial institutions in the cash-starved sector.

Land bill not to affect real estate developers: CREDAI

Last Updated: Friday, July 17, 2015, 19:37

The proposed Land Acquisition Bill would in no way impact the real estate sector in the country, CREDAI said Friday.

DLF to hike rates in Gurgaon project despite low demand

Last Updated: Sunday, July 12, 2015, 13:02

DLF has decided to increase the price of flats in its housing project 'Regal Gardens' by Rs 250 per sq ft to Rs 6,500 per sq ft effective from July 15.

Paranjape Schemes files papers to raise Rs 600-cr via IPO

Last Updated: Friday, July 10, 2015, 19:56

Real estate developer Paranjape Schemes (Construction) Ltd has filed draft papers with capital markets regulator Sebi for an initial public offer to raise up to Rs 600 crore.

Sale of Sahara's asset; SC asks realty firms to show bonafides

Last Updated: Tuesday, July 7, 2015, 20:48

The Supreme Court on Tuesday asked two real estate firms engaged in a tug of war over purchasing Sahara Group's over 140 acre land properties in Gorakhpur in Uttar Pradesh

Mahindra Lifespaces mulls foray into MP, Rajasthan

Last Updated: Sunday, July 5, 2015, 14:51

Mahindra Lifespaces is looking at setting up residential projects in states like Andhra Pradesh, Rajasthan, Madhya Pradesh under the affordable housing space.

DB Realty to develop 29-storey residential tower in BKC

Last Updated: Thursday, July 2, 2015, 17:49

The company had in October 2010 entered into an agreement with MIG Cooperative Housing Society for the development of the land.

SBI steps up recovery of bad loans in retail, realty segments

Last Updated: Monday, June 29, 2015, 21:13

SBI is taking steps to clamp down on bad loans that include web-based tracking of assets and "regular calls" to stressed accounts in retail as well as real estate segments, Chairperson of the country's largest lender Arundhati Bhattacharya has said.

Unitech raises Rs 70 cr from Piramal group for Chennai project

Last Updated: Sunday, June 28, 2015, 16:10

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Shun 'speed money', focus on speed: Parekh to housing sector

Last Updated: Thursday, June 25, 2015, 19:24

Raising concern over high housing costs in the country, eminent banker Deepak Parekh today said developers need to shun 'speed money' and focus only on speed in delivering projects to the customers.

Image of builders is bad; we will protect home-buyers: PM

Last Updated: Thursday, June 25, 2015, 15:29

Observing that the image of builders is "bad", Prime Minister Narendra Modi today promised to protect the home-buyers and said a bill in this regard will be pushed during the upcoming Monsoon session of Parliament.