With the first signs surfacing of a revival in the realty sector, several developers have resumed buying large plots of land for building luxury and budget housing projects as well as to enter new markets.

India's largest residential developer, Hiranandani Group, Lodha Group, Indiabulls... More

Provident Housing, a fully-owned subsidiary of the Bangalore-based Puravankara Group, is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of Rs 150 crore.

A person involved in the deal said the company is planning a... More

Shareholders can continue to stay invested in Puravankara Projects. For a mid-tier realty player, the company has done well to stay away from the debt trap that many of its peers were caught in, not too long ago. Puravankara has also been prudent in not launching any new projects over the past year... More

A maritime college, an engineering college and many real estate firms are slowly converting the sterile Kalpakkam nuclear zone into a development zone without the approval of the District Town and Country Planning (DTCP) authorities.
Development work is going on in full swing in the sterile zone.... More

fter an "uneventful" Interim Budget and the Union Budget 2009-10 for real estate, the Finance Minister surprised home buyers and builders while replying to the debate on the Finance Bill, 2009, in the Lok Sabha earlier this week.

Relief came in the form of interest subvention of 1 per cent for... More

Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Industry players feel that while it may be a good decision to buy in certain locations, a sell off needs to be given a few more months... More

In a few months from now, a uniform real estate valuing method will be put in place across the country. For that, the National Housing Bank (NHB) has prepared a draft of real estate uniform valuing methods. Speaking at a Banking Conclave organised by Federation of Indian Chamber of Commerce and... More

What's in a name, you may ask. Lots, if you believe the nation's property developers and go by the latest trend in the real estate industry as well. Gone are the days when residential properties in India used to have names in Hindi or other Indian languages, such as Ekta Garden, Dhruva... More

At an office building in a business district near Washington, D.C., a sign advertises commercial space for rent. Vacancies used to be snapped up quickly here, but the building manager said the sign has hung for months and no one has expressed interest in leasing the space.

Such is the scene in... More

Finance minister Pranab Mukherjee said that the interest rate subsidy for mid-segment housing would be routed to customers through commercial banks and housing companies registered with the National Housing Bank. He said to further provide stimulus to the housing sector, it will be allowed a tax holiday... More