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Autonomous body to oversee 100 smart cities project

New Delhi, August 22, 2014 - The Government is likely to entrust the National Institute of Urban Affairs (NIUA), an autonomous body, with the task of overseeing the ambitious ‘100 smart cities’ project, said a senior official in the Ministry of Urban Development. Stating that Urban Development

London Home Asking Prices Plunge Most in More Than Six Years

New Delhi, August 21, 2014 - London home sellers cut asking prices by the most in more than six years this month, adding to signs that theproperty market in the U.K. capital is coming off the boil. London values fell 5.9 percent from the previous month to an average 552,783 pounds ($922,300), the b

KG Builders launches KG Good Fortune at Perumbakkam

195 magnificent luxury homes comprising of 1,2 & 3 BHK apartments Located off the Medavakkam – Sholinganallur link road, in close proximity to the Medavakkam junction. Chennai, August 21, 2014 : KG Foundations has announced the launch of their new project “KG Good Fortune” at Perumbakkam

‘Investment sentiment for realty improving’

Coimbatore, August 21, 2014 - With the investment sentiment in the realty sector improving, the property exhibition ‘Fairpro 2014’ organised by the Confederation of Real Estate Developers’ Association of India (Credai)-Coimbatore, is expected to generate business volume of about Rs. 40 crore,

Credai forms committee to go into building norms

Coimbatore, August 20, 2014 - The Confederation of Real Estate Developers’ Association of India (CREDAI), Tamil Nadu is working on the development of standard operating procedures that its members will be expected to adhere to in their construction projects, according Rajesh B Lund, President, Cre

VIVIANA BAGS FIVE TROPHIES AT THE SHOPPING MALLS EXCELLENCE AWARDS 2014

 Conferred with the five most esteemed awards in the marketing and leadership categories in the APAC region  Mumbai, August 20, 2014: Viviana Mall, the flagship retail project by Sheth Developers and Realtors bagged five prestigious awards at the recently concluded CMO Asia Shopping Malls Excelle

BlackSoil Realty Fund debuts with Rs. 30 cr investment in Sheth Developers

Mumbai, August 20, 2014 - Private equity fund BlackSoil Realty Fund–I has completed its maiden investment of Rs. 30 crore in real estate firm Sheth Developers through a mezzanine structure. Promoted by Shashi Kiran Shetty, Chairman and Managing Director of Allcargo Logistics, and Gnanesh Gala,

Shri M. Venkaiah Naidu inaugurates the New Hostel Building of the National Institute of Plant Health Management (NIPHM)

Shri M Venkaiah Naidu lauds NIPHM’s role in taking up the programme of creating a pool of Master Trainers to popularize simple and low cost mass rearing technique of Bio Control Agents. Hyderabad, August 19, 2014 - Union Minister of Urban Development and Housing & Urban Poverty Alleviation Sh

PM to Launch 4-Laning of Highway from Kaithal to Rajasthan-Haryana Border Today

New Delhi, August 19, 2014 - The Prime minister is to launch four laning of over 160 Km National Highway from Kaithal in Haryana to the border of Haryana and Rajasthan, at a function at Kaithal today. This roadpasses through Kalayat, Narwana, Barwala, Hisar and SiwaniTowns. The project shall benefit

NAR INDIA brings its 6th Annual Convention in Kolkata

Kolkata, August 19, 2014 : NAR INDIA (National Association of Realtors, India) and RECA Kolkata (Realtors and Estate Consultants Association of Kolkata) brought forward an immense platform where realtors from across the country and globally converged to Connect, Network and Grow with each other i

Inauguration of 80 New Residential Houses for Naval Sailors at Palam

New Delhi, August 16, 2014 - Keeping the thrust on improving the quality of life for naval personnel, Admiral RK Dhowan Chief of the Naval Staff inaugurated 80 new houses in Nau Sena Bagh – III, Palam today for married sailors posted in Delhi. These houses have come-up as part of Married Accommoda

IL&FS Engg posts Rs. 37-cr loss in Q1

Hyderabad, August 13, 2014 - IL&FS Engineering & Construction Company Ltd has posted a loss of Rs.36.81 crore for the first quarter ended June 30, 2014, as against a profit of Rs. 3.09 crore for the corresponding quarter last year. The Hyderabad-based infrastructure and construction company

Delhi Realty Market: What 2014 Has in Store For the Buyers? - Vineeta Tiwari

New delhi, August 13, 2014 - The Story of Delhi at a Glance: Capital of India, Delhi is a place that enjoys recognition from all over the world. The state hasn’t always been the capital of India but has definitely played a pivotal role in building up a new nation post-independence. As years pass

DLF’s ‘The Ultima’ offers Ultra-luxury apartments in New Gurgaon

New Delhi, August 13, 2014 - With a stylish new aesthetic stamp on Gurgaon’s dazzling urban landscape, DLF’s ‘The Ultima’ is the perfect example of luxury next to natural living. In sync with sustainability, The Ultima is designed around the principles of universal design and energy efficien

Low-cost housing for 7 cr families under new scheme

New Delhi, August 11, 2014 - The Government aims to support construction of houses for seven crore families under the Mission of Low-Cost Affordable Housing. It also expects interest rates for real estate developers to come down as inflation is moderating. Responding to a question on affordable hou

Create elegant bathrooms with Roca’s Debba collection of Vitreous China & Furniture

NEW DELHI, AUGUST 11, 2014:Pioneers in the_ _bathroom space with presence in more than 135 global markets, Roca has launched its new Vitreous China and Furniture Collection, Debba. The contemporary range of Vitreous China offers basins in several sizes, floor-standing & wall-hung WCs and bidets

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Design

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Bangalore, June 18, 2014 - While transportation and connectivity becomes much easier, the impact on the Mumbai realty market is expected to be more pronounced. Historically, infrastructure developments related to transportation always had a positive impact on the capital values of the property market. Mumbai is no exception. Commercial and residential properties in and around the region definitely command a rise in its prices. An independent study conducted revealed that vicinity of a realty project to the metro railways have the authority to influence property prices in leaps and bounds. Mumbai properties lying close to the metro corridor are expected to boost up to at least 22%. Other factors contributing to the same include distance, location and income groups.

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Currently the real estate is largely unregulated and opaque, with consumers often unable to procure complete information, or enforce accountability against builders and developers in the absence of effective regulation. The Bill is expected to ensure greater accountability towards consumers, and to significantly reduce frauds and delays. The Bill aims at restoring confidence of the general public in the real estate sector; by instituting transparency and accountability in real estate and housing transactions which in turn will enable the sector to access capital and financial markets essential for its long term growth.
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  Contents  

Cover Story

Wienerberger India - Sustaining Sustainability

Debate

The Real Estate Bill, 2013 provides uniform regulatory environment

Market Overview

Colliers International India releases Office Property Market Overview

 

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Introducing Mantri Courtyard, Row villas with a private green space that fills joy in your life. Get

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