In a bonanza for residents of a Khar housing society, a builder has been buying off their mid-sized flats, paying each family between Rs 4 crore and Rs 5.5 crore.

Mumbai-based Parinee Developers claims to have shelled out between Rs 4 crore to Rs 4.5 crore for a one-BHK flat... More

The first consideration when purchasing property, whether commercial or residential, is location. Depending on the intended use of the plot of land or building, you will be able to ascertain whether it is easily accessible to major roads and public transit, and whether it is close to... More

In a bid to check illegal constructions across the capital, particularly on agriculture land, Delhi Government today directed departments concerned to come down hard against such activities.

Revenue Minister Raj Kumar Chouhan said there would be no tolerance against any illegal... More

The already high real estate prices in Mumbai's suburbs are expected to climb a notch higher following today's Bombay High Court judgement setting aside the State Government's order to increase floor space index (FSI) in the suburbs to 1.33 from 1.

The judgement can also have an... More

Realty major, Lodha Developers, plans to build the world's tallest tower at a cost of Rs 2,000-crore in central Mumbai to be ready by 2014, a top company official said.

Lodha Developers has tied-up with New York-based architectural firm, Pei Cobb Freed and Partners... More

Greater clarity in rules and pressing need for more houses in land-starved cities like Mumbai has had builders eyeing opportunities for redevelopment after a 2-year market slump and recession.

"Now we have the opportunity to do large redevelopment projects, as the policy on... More

In a bid to check rampant malpractices in the realty sector, the Competition Commission of India (CCI) has decided to suo motu inquire if various developers are misleading the buyers, apart from looking into specific complaints against market leader DLF.

Taking note of, the... More

Delhi-based real estate and hospitality company Vatika Group is in advanced talks to raise Rs 800-1,000 crore from Deutsche Bank for its upcoming residential project in the national capital region, two persons familiar with the matter told ET.
The fund will be raised through a... More

India's biggest land deal, a Rs 4000 crore for a parcel of land in Mumbai last week, is not going to be the trendsetter for the realty industry still groggy after the 2009 slump, builders and analysts say.

"The deal is fairly valued and we have sufficient cashflows... More

Ireo, a leading private equity fund dedicated to the Indian real estate sector with nearly $2 bn of funds raised, has announced the launch of Victory Valley - the tallest residential towers in the region.

The project features 3 high-rise residential towers, set to be the... More