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Smart cities progress to hinge on power, infra and others

NEW DELHI: A successful development of proposed smart cities across the country will depend on five critical elements such as power, infrastructure, funds, technology and social capital, property consultant Cushman… Read more »


Priority sector lending benefits for housing

NEW DELHI: In order to boost real estate development, government is planning to extend priority sector lending benefits to the housing sector and work on bringing down the interest rates… Read more »


Affordable mega housing scheme for EPFO subscribers

NEW DELHI: The Labor Ministry is preparing a mega housing scheme to offer affordable houses to over 5 crore subscribers of retirement fund body EPFO in the backdrop of the… Read more »


Housing sales likely to rise to 1.92 lakh units

NEW DELHI: Housing sales are estimated to rise this year to 1.92 lakh units in the country’s top seven cities on expectations of interest rate cut and stable prices, according… Read more »


Supertech promises free add-on flat

NEW DELHI: In an unbelievable discount offer to beat slowdown blues, realty firm Supertech has claimed to offer a free add-on studio apartment with the purchase of a luxury flat,… Read more »


Top 10 mortgage tips for 2015

After mortgage rates stayed surprisingly low in 2014, who knows how they will shake out in the New Year? Either way, borrowers who want to refinance or buy a home have the… Read more »


Cut taxes with early mortgage payment

Homeownership offers many tax breaks, but to maximize them, you need to make some moves by Dec. 31. Start with your mortgage payment. An early January payment could lower your upcoming Internal… Read more »

Jerry Stevenson

Locals oppose prison at six potential Utah sites

SALT LAKE CITY: Six possible locations for a new state prison have spurred protests from residents and local officials, including one city council that’s looking to hire a lobbyist and… Read more »


Private equity in realty sector to grow up to $3bn in 2 yrs

MUMBAI: The government’s decision to relax FDI norms in the construction sector is likely to attract private equity investments to the tune of up to USD 3 billion in the… Read more »

Lyft car drives crosses Market Street in San Francisco. California prosecutors have filed a lawsuit against Uber over the ridesharing company's background checks and other allegations, adding to the popular startup's worldwide legal woes.

Uber executive in dispute with SF landlord

SAN FRANCISCO: An Uber executive who recently suggested launching a million-dollar campaign to investigate journalists critical of the ride-booking company is in a bitter dispute with the landlord of his… Read more »

US realty market new investment destination for Indians

US realty market new investment destination for Indians

MUMBAI: With the US market emerging as an attractive investment destination, there is a growing interest from Indians to buy properties there, property consultant Jones Lang LaSalle (JLL) said. According… Read more »


Black money probe against real estate firms

NEW DELHI: CBDT has ordered an Income Tax department investigation against a number of real estate developers who were recently shown by an investigative portal to be willing to accept… Read more »


DLF allowed to deposit fine in installments

NEW DELHI: Real estate major DLF has got a breather from the Supreme Court which allowed it to deposit in monthly installments the remaining Rs 480 crore of the Rs… Read more »


Low mortgage rates fail to perk California home sales

LOS ANGELES: The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace… Read more »

tax-free in north Delhi

Heritage buildings to be tax-free in north Delhi

NEW DELHI: With the aim to help Delhi win the World Heritage City tag, the North Corporation has exempted all heritage buildings and land in its area from property tax…. Read more »


US homebuilder sentiment rallies in November

WASHINGTON: US homebuilders’ confidence rebounded in November as both sales expectations and buyer traffic improved. The National Association of Home Builders/Wells Fargo index rose to 58 this month, up from… Read more »


Sebi-DLF case may have wider ramifications

NEW DELHI: As realty giant DLF fights a three-year capital markets ban imposed by regulator Sebi, the case is being seen as one having wider ramifications for the entire real… Read more »


DDA to webcast housing scheme draw on YouTube

NEW DELHI: The eagerly-awaited draw of lots for the flagship ‘DDA Housing Scheme 2014′ next month can be seen online as the housing authority has decided to webcast the entire… Read more »


Housing prices remain stable, supply dips

NEW DELHI: Housing prices remained largely stable during the last month across the country’s seven major cities while supply dipped marginally, according to property consultant CBRE. “After recording an improvement… Read more »

DDA proposes expansion plan for Lotus Temple complex

DDA proposes expansion of Lotus Temple complex

NEW DELHI: The DDA has proposed an expansion of the Lotus Temple for building training facilities for youth in the campus. The decision was taken during an authority meeting of… Read more »