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Real Estate News

  • Noida circle rates hiked by 10-30%
    Fri, May 25 2012

    The property investors may have to pay more to buy properties in NOIDA, as the district administration of Gautam Budh Nagar has given preliminary approval to a proposal for hiking circle rates by around 10 to 30 per cent in the coming weeks.

  • Goldman Sachs seals India's biggest office space deal
    Thu, May 24 2012

    The US's banking conglomerate Goldman Sachs has decided to procure 1.6 million sq ft of office space on lease in Bangalore. The is going to be the biggest recorded commercial realty deal in India to date.

  • Realty share in FDI slumps to 1.94% between April '09- December '11
    Wed, May 23 2012

    A recent survey by consultancy firm Knight Frank has revealed that the foreign direct investment (FDI) in the Indian realty market, during April 2009 and December 2011 has dipped by a drastic 92 per cent.

  • DDA sells 87 CWG apartments for almost Rs 400 crore; highest bid for flat at Rs 7.27 crore
    Tue, May 22 2012

    Delhi Development Authority (DDA) has realized around Rs. 400 Cr by putting Delhi's Commonwealth Games Village apartments of on auction. DDA managed to sell only 87 of the 110 flats which went under the hammer. In the auction, the highest bid for flat was Rs 7.27 crore.

  • Homes most affordable in 30 yrs: HDFC
    Mon, May 21 2012

    Although realty prices are shooting like anything, the data compiled by mortgage giant HDFC Ltd reveals that home prices are near their most affordable level in over three decades. As per the report, this affordability ratio declined to 4.6 in the previous fiscal.

  • No takers for 11 lakh sq ft office space in Mumbai's property market
    Sat, May 19 2012

    In current scenario that can be termed as the biggest turnaround, the office space of around 1.1 million sq. ft. in Mumbai commercial property market is finding no takers. This is the highest level of vacancy of ready office space in the city.

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