Today’s Top Real Estate Stories

  • Pay Rs 108 crore or lose land: YEIDA to Jaypee
    The 1,000-hectare Special Development Zone (SDZ) was allotted to Jaypee Infratech for constructing the Formula One circuit and residential units in Jaypee Sports City.... Read more »
  • Dharavi redevelopment pre-bid meet draws significant interest
    The redevelopment project will be awarded to the entity that bids above the base price of Rs 3,150 crore.... Read more »
  • SC upholds Mumbai slum redevelopment policy with extra FSI
    In dismissing a long-pending appeal by NGO Janhit Manch, a bench of chief Justice of India Ranjan Gogoi and Justices Sanjay K Kaul and K M Joseph said there was no ground to interfere with the HC order... Read more »
  • Karnataka government yet to notify RERA sale agreement
    Housing minister UT Khader signed the draft AoS on November 19, following which the Real Estate Regulatory Authority (RERA) Karnataka promised to implement the clause immediately.... Read more »
  • DLF sees cash crunch toppling weaker peers
    “Weaker balance sheets are going to fall off, while large listed developers will get though current liquidity crisis,” Saurabh Chawla, outgoing chief financial officer of DLF Ltd, said in a phone interview.... Read more »
  • Sobha plans to launch mid-income homes by fiscal-end
    ​​It also plans to launch more commercial projects. Mid-income homes from the Bengaluru-based company will be priced upwards of Rs 35 lakh and marketed under a new brand, Sobha Dream.... Read more »
  • Chennai: FSI for commercial buildings increased from 1.5 to 2.0
    ​​This would result in substantial jump in the FSI of commercial properties on 60 feet road from 2.8 to 4.87 including the premium FSI, given that it adheres to the other development regulations of the Chennai Metropolitan Development Authority (CMDA).... Read more »
  • UP-RERA team reviews 7,000 delayed flats in Greater Noida
    The officials said the exercise would continue to monitor the progress of projects and ensure that those running behind schedule are expedited.... Read more »
  • Realty among top three focus areas for Tata Group
    The company currently has 53 projects under construction with nearly 10 m sq ft space, including one of the largest Information Technology Special Economic Zone (ITSEZ) — Ramanujan IT City in Chennai.... Read more »
  • Jindal plans Rs 4,500-crore IPO for JSW Cement in 2020
    JSW Cement is on an aggressive expansion plan to take annual installed capacity to 20 million tonne by 2020 from the present 12.8 mt, which will reach 14 mt by March 2019.... Read more »