Developers can't take investors for a ride: SC

Last Updated: Monday, February 16, 2015, 21:10

Supreme Court Monday directed real estate giant Supertech to refund money to the flat owners within 30 days, saying "developers can't take investors for a ride."

Property buyers spoilt for choice as developers pushing sales

Last Updated: Monday, February 16, 2015, 18:57

With developers in a race against time to clear their inventory and push sales, property buyers are spoilt for choice as realty firms are offering discounts, freebies and attractive financing schemes, say experts.

New home launches in 2014 dip 12% at 1.53 lakh units

Last Updated: Thursday, February 12, 2015, 19:45

Real estate developers launched 1.53 lakh new housing units during the last calendar year, a fall of 12 percent from 2013, in the country's top eight cities.

Parsvnath gets Rs 572 cr back from Chandigarh Housing Board

Last Updated: Friday, February 6, 2015, 17:45

Last month, a sole arbitrator had directed the Chandigarh Housing Board (CHB) to repay the amount to Parsvnath, while the realty firm was asked to surrender 124 acres land.

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.

Realty sector seeks more tax sops on REITs

Last Updated: Wednesday, February 4, 2015, 17:21

To ensure success of newly created REIT (Real Estate Investment Trust) structure, property developers and consultants have sought more tax incentives in the upcoming union budget on investments through this route.

RBI rate cut will boost housing demand: Realty developers

Last Updated: Thursday, January 15, 2015, 14:44

The real estate industry Thursday hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.

RBI rate cut will boost housing demand: Realty developers

Last Updated: Thursday, January 15, 2015, 13:56

Encouraged by softening inflation, the RBI today decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.

Realty players want govt stimulus as RBI disappoints

Last Updated: Tuesday, December 2, 2014, 20:36

Disappointed with RBI's decision to keep interest rates unchanged, real estate players today said housing demand is likely to remain weak in short term and sought government's help to facilitate low-costing funding for buyers and developers.

24 SEZ developers seek more time for projects; 3 to surrender

Last Updated: Thursday, January 16, 2014, 16:31

As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.

Sebi attaches MPS Greenery shares to recover investor funds

Last Updated: Thursday, January 9, 2014, 18:29

In fresh action against West Bengal-based MPS Greenery Developers for running fraudulent investment schemes, Sebi today ordered attachment of its share holdings in eight group firms for failing to refund Rs 1,520 crore with returns to affected investors.