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Real Estate Blog / News

  • IndiaHomes Raises Rs 150cr From Venture Capital Companies
    Fri, Apr 18 2014

    New Delhi: Property brokerage portal, IndiaHomes managed to raise funds worth Rs 150 crore from its investors, one being US-based New Enterprise Associates (NEA). Having presence in major Indian cities like Delhi, Gurgaon, Noida, Mumbai, Bangalore and Kolkata, IndiaHomes is planning on further expansion.

  • Supertech To Approach Supreme Court In 7-10 Days Against Allahabad High Court Order
    Tue, Apr 15 2014

    New Delhi: Real estate firm Supertech has announced its intentions of filing a petition against the demolition order passed by Allahabad High Court, in the Supreme Court. Allahabad High Court had ordered the demolition of two high storey buildings, which are part of Supertech's Emerald Court project in Noida Sector 93-A.

  • Office Space Leasing Falls By 5%, Supply Down 34% In January-March
    Tue, Apr 8 2014

    New Delhi: According to realty consultant CBRE, there has been a 5% drop in office space leasing figures in first quarter, across major cities in the country. The figures for total office space absorption in Q1 2013 amounted to approx. 6.6 million sq ft, as opposed to the 6.3 million sq ft in the first quarter of 2014.

  • Investment In Realty Sector Dips 65% In 2013 At $1.2 Bn
    Fri, Apr 4 2014

    New Delhi: From $3.4 billion in 2012 to $1.2 billion during 2013, the total realty investment figures in India fell by almost 65%, as per the data released by realty consultant Cushman & Wakefield. Despite the decline, the country managed to save its 10th ranking in the Asia Pacific.

  • Developers hail RBI's decision to keep policy rates unchanged
    Wed, Apr 2 2014

    New Delhi: The Confederation of Real Estate Developers' Associations of India (CREDAI) has lauded the RBI’s move to keep policy rates unchanged and hoped the same to revive the economy and housing demand.

  • Demand for houses declines in third quarter
    Fri, Mar 28 2014

    New Delhi: Factors like sluggish economy, rise in interest rates and uncertainty in the job market have affected the real estate sector bringing down the sales volumes by 43 per cent in the third quarter of 2013-14.

  • Office Space Demand To Grow By 7% In 2014: DTZ
    Mon, Mar 24 2014

    New Delhi: As per the survey done by the reputed real estate consultant DTZ, it has been estimated that the demand for office space will increase to approx. 7 per cent across major Indian cities. This growth in demand is attributed to corporate players aiming at business expansion.

  • Election code of conduct hits realty firms
    Thu, Mar 13 2014

    New Delhi: As election code of conduct comes into effect, officials are holding back routine approvals eventually forcing real estate developers to face cost escalation on several residential projects across major cities in India.

  • DLF gets Rs 93.5 crore from IDFC against sale of Noida IT Park
    Wed, Mar 12 2014

    New Delhi: DLF, the largest realty firm in India, has sold an IT Park Project in Noida to IDFC and has received the final installment of Rs 93.5 crore to seal the deal.

  • CHD Developers buys 10.5 acres of Land in Gurgaon for Rs 300 Crore
    Mon, Mar 10 2014

    New Delhi-based realty firm CHD Developers will be developing a housing project worth Rs 300 crore on 10.5 acres of land it has bought in Gurgaon.

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