Noida Extension developers to share their side of story
Developers who have suffered by the Supreme Court judgment on the Noida Extension land acquisition have organised a press conference on Thursday, July 14, to share their side of the story.
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Mahagun promises full refund to Noida Extn buyers
Mahagun has promised full refund to the buyers who booked flats in its project at Noida Extension.
SBI says no to funding of realty projects in disputed areas
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.
In Noida Extension, ‘realty’ check begins
Hours after the Supreme Court order, several worried investors at Shah Beri village rushed to the offices of developers demanding their money back or a house at an alternative site.
Bangalore civic body hits back at Mantri group
Corporators of the Bruhat Bangalore Mahanagara Palike, cutting across party lines, have accused the Mantri group of encroaching government land.
Rate hike may hit realty sector hard
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
Information technology and the Bangalore luxury homes market
I was recently asked about the role IT has played and will continue to play in the demand for high-end housing in Bangalore.
Cash starved realty sector splurges on advertising
Home sales are down, cash flows are drying up but builders just can’t cut on advertising.
Protest leads BBMP to review building plans
Stung by the allegations of harassment by CREDAI, the BBMP corporators on Tuesday held an emergency meeting and decided to review the projects approved during the two-and-half-year bureaucratic rule.
Pune developer dies in road accident
Well-known developer Vimal Kumar Jain (63) and four others died on the spot when a speeding water tanker rammed into his Mercedes car after hitting a motorcycle at Nigdi on the Pune-Mumbai highway.