Category: Real estate

UP real estate authority forms Greater Noida bench to hear disputes

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has decided to set up an exclusive bench in Greater Noida to hear housing and realty sector cases. The Greater Noida bench will hear cases pertaining to Gautam Budh Nagar (Greater Noida and Noida), Yamuna Expressway Authority, Ghaziabad and Meerut, all in the National Capital Region (NCR). Estimates suggest realty projects to the tune of Rs […]

Manhattan real estate is the most expensive in the US per square foot with some properties topping $10,000: Study

Move over San Francisco — the Big Apple tops Silicon Valley as most expensive place to live in the United States, a new study shows. Per square foot, real estate in Manhattan is the most expensive in the United States, with the average property in the borough eclipsing all other locals. Based on that metric, […]

Private equity investment in real estate fell 22% to Rs 10,080 crore during April-June quarter, says report

Berlin: Private equity investment in real estate fell by 22 percent to Rs 10,080 crore during April-June quarter, even as the inflow in office segment rose by nearly 40 percent, according to property consultant Cushman & Wakefield. PE investment in real estate stood at Rs 12,970 crore in the year-ago period. The consultant and realtors’ body […]

Haryana Real Estate Regulatory Authority (HRERA) to supervise stalled residential project in Gurugram

The Haryana Real Estate Regulatory Authority (HRERA) is all set to supervise directly an incomplete residential project in Gurugram and has already seized the bank accounts of the developers concerned, said Authority’s Chairman on Friday. HRERA chief K.K. Khandelwal said that real estate developer Orris and Three C-Shelter Infrastructure allegedly cheated homebuyers who invested in […]

Why a recovery from real estate slowdown is still a long way off

Mumbai: The real estate sector is still reeling under the impact of the triple whammy of demonetization, the roll-out of goods and services tax, or GST, and the introduction of new real estate regulations, the latest data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE) suggests. New real estate projects launched in […]