Project news Archive

New Delhi: LIC Housing Finance standalone net profit rose by 18.1 per cent to Rs 529.19 crore in the fourth quarter of last fiscal ended March 31. The company’s net profit in the January-March period …

NEW DELHI: Canara Bank sponsored Can Fin Homes reported almost 50 per cent jump in net profit at Rs 70.86 crore during last quarter ended March on higher income from operations. The company’s net profit …

Dubai: The value of UAE projects awarded rose by a solid 42.6 per cent quarter on quarter in the first quarter of 2017, with both Dubai and Abu Dhabi seeing significant increase. The value of …

Mumbai: Housing Development Finance Corp. Ltd (HDFC) is in talks with online classifieds company Quikr India Pvt. Ltd to sell its brokerage business HDFC Realty and its digital business HDFC Red in an-all stock deal, …

NEW DELHI: Real estate developer Emaar India has received the Occupancy Certificate for its IT Park Complex ‘Digital Greens’ situated in Sector 61, Gurgaon. The project is spread across 6.8 acres with a total built-up …

NEW DELHI: GIC Housing Finance has reported a 24.4 per cent increase in net profit at Rs 46.61 crore for the fourth quarter ended March 31. The company had reported net profit of Rs 35.87 …

Real estate developer Godrej Properties said it has sold villas with a booking value in excess of Rs. 300 crore in a single day at the launch of its Greater Noida Township. The Crest project …

The Income Tax department has issued a Rs. 24,646 crore tax demand notice to Sahara Group’s Aamby Valley Limited (AVL) after conducting a special audit of the company. The department, as part of a special …

Bengaluru: In around six months, passengers flying out of the city will have two alternate roads to Kempegowda International Airport. These will be via Thanisandra and Hennur. They will converge at Bagalur and continue to …

Developing alternate roads to Kempe­g­o­w­­da International Airport (KIA) is one budget proposal that might bring some cheer to passengers hit by the heavy toll on the existing road. However, it is still early days. The …

Bengaluru’s largest lake, Bellandur, has not stopped frothing in more than two decades; the thick layer of white foam is a constant. Occasionally, like on this weekend, the foam shoots into the air, carried either …

  The Yamuna Expressway Industrial Development Authority (YEIDA), which handles the real estate and infrastructure development along the Yamuna Expressway, cancelled the building plans of 17 housing projects, after it emerged that the plans for …

BENGALURU: There’s good news for home buyers: the Karnataka government, coming under pressure from various quarters, has decided to notify the final rules of the much-awaited Karnataka Real Estate (Regulation and Development) Act 2017 by …

BENGALURU: Top builders in the city have shown interest in redeveloping the Bengaluru Cantonment and Yesvantpur railway stations. This is the railways’ first attempt to remodel stations through public-private partnership. “We will come to know …

Over four crore subscribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes. The subscribers of the Employees Provident Fund Organisation (EPFO) will …

The Supreme Court today directed real estate firm Unitech to deposit 14 per cent interest on Rs. 16.55 crore invested by 39 home buyers at its project in Gurugram by May 8. The apex court …