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Breaking News:

NCLT directs initiation of insolvency proceedings against Spaze Towers
HC issues notice to Haryana government over revived S+4 floor policy
NGT Seeks Responses on Noida Township Environmental Violations
ED returns 78 flats worth Rs 20 crore to SRS homebuyers
ED attaches M3M group land worth Rs 300 crore in land acquisition case linked to Bhupinder Hooda
NCLT Orders Insolvency Proceeding Against Supertech
Latest News NCLT directs initiation of insolvency proceedings against Spaze Towers HC issues notice to Haryana government over revived S+4 floor policy NGT Seeks Responses on Noida Township Environmental Violations ED returns 78 flats worth Rs 20 crore to SRS homebuyers ED attaches M3M group land worth Rs 300 crore in land acquisition case linked to Bhupinder Hooda NCLT Orders Insolvency Proceeding Against Supertech ED attaches fresh Rs 59-cr worth assets of IREO, others Yes Bank Founder Gets Bail DLF to raise Rs 600 crore through issue of debentures to investors Unitech founder denied extended interim bail by Delhi HC
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Latest Real Estate
India’s IT Ministry blocks websites of fintech firms operated by overseas entities
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Fresh Scare for residents at Chintels Paradiso Society
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Top Real Estate Developers held defaulters of Rs. 15,585 Crores
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Lighting
Gurugram’s new sectors to have ‘Smart upgrade’ for streetlights on nine roads
The timeline for project completion is 6 months and the estimated cost involved in the whole project would be approximately Rs 10.9 crore.
Smart lightbulbs can hack your network
 
More than 1200 complaints of non-functional street lights still not Resolved by JMC
 
LED bulb prices may rise up to 10%
 
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Interview

"AFFORDABLE HOUSING WILL CONTINUE TO BE A PRIORITY"

"REAL ESTATE DEVELOPERS OPEN A CRITICAL OPPORTUNITY AREA FOR US": SUDHANSHU POKHRIYAL, CEO, BATH & TILES, HINDWARE LIMITED
"THE HOUSING MARKET IN INDIA WILL CONTINUE TO REMAIN RESILIENT": PRASHANT UTREJA, CEO, RELIANCE HOME FINANCE
THERE IS NO COOKIE-CUTTER MODEL IN REALTY: DR. ANANTA SINGH RAGHUVANSHI
 
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Property Price Index
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Commercial
Reliance Industries Forays into Commercial Real Estate
It has invested Rs 1,00,000 in the equity shares of RSOUL.
CCI approves acquisition of commercial real estate assets by Nexus Select Trust
 
IndusInd Bank invests Rs 140 crore in Sushma group
 
Largest SCO named ‘Grand Central 114’ unveiled in Gurugram
 
30% revenue jump expected in office space demand: WeWork
 
Mapletree to buy 7 lakh sq. ft. space in Pune logistics park for USD 40 million
 
WeWork's co-founder Miguel McKelvey to leave company
 
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Infrastructure
Measures taken to settle down dust in Vasant Kunj: DDA
The stretch was completely unpaved and causing dust to go up in the air.
Haryana Govt. brings major policy change; developers not to build power infra
 
Monsoon mayhem continues in Himachal: Eight multi-storey buildings collapse in Kullu
 
DTCP razes 18 farmhouses in Gurugram
 
Noida Authority to spend Rs 1000 crore for land acquisition
 
MCD to rope in drones to survey properties in industrial areas for tax assessment
 
177 colonies to be regularized, Sonipat to have police Commissionerate: Khattar
 
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Industry
DLF to raise Rs 600 crore through issue of debentures to investors
The group has an annuity portfolio of over 42 million square feet.
DLF sells Chennai land for Rs. 735 crore to Cholamandalam Investment and Finance Company
 
Online system introduced to simplify e-khata process in Mangaluru
 
Oberoi Realty forays into NCR by acquiring 14.81-acre land in Gurugram
 
Aadhaar demand for plan approval creates conflict
 
Realty firm Signature Global sets IPO price band at Rs 366-385 per share
 
Noida Authority CEO meets developers over Rs. 26000 crore dues
 
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Ancillary industries
Ultratech Cement to acquire 26% stake in VEH Radiant
The acquisition is being done to meet green energy needs.
PNB puts up for sale NPA account of Burnpur Cement for loan recovery of Rs. 50 crore
 
Wastes from mining and steel sectors can be used in cement manufacturing, road construction: Minister
 
SBI hikes lending, deposit rates
 
Adani Group all set to buy Ambuja, ACC
 
Affordable housing finance companies' loan book to grow 17-20% in FY23
 
HDFC increases lending rate by 5 basis points
 
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