Govt Drafts a New Law to Guarantee Land Titles

Published: May 27, 2010

To bring uniformity across the country and replace the existing deeds system fraught with litigation due to inaccuracies in property records, the Rural Development Ministry has drafted a model law to usher in a system of conclusive property titles with title guarantees through registration of immovable properties.
The Department of Land Resources under the Ministry has [...]

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DLF to Launch Mumbai’s Largest Luxury Housing Project

Published: May 26, 2010

DLF, the country’s largest real estate company, is planning to launch its Lower Parel high-end housing project soon, said sources in the know. Touted as Mumbai’s ‘largest luxury residential project’, the project is expected to have three towers with 1,000 apartments and one of the largest parking lots in the city. The apartments are likely [...]

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10 to 20 Percent Decline Expected in Mumbai and NCR Delhi Real Estate Bookings

Published: May 17, 2010

Real estate prices for new bookings in Mumbai and NCR Delhi are expected to be 10 to 20 per cent lower than prevailing market rates feel analysts as developers are still bogged down by unsold inventory in projects in these areas.
Though absorption of unsold flats have gone up in the last six months due to [...]

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Ansal API to invest Rs 1,500 crore in Haryana on realty projects

Published: May 5, 2010

Realty major Ansal Properties & Infrastructure Ltd plans to invest about Rs 1,500 crore over the next three years on expansion of its existing integrated townships and to develop a group housing project in Haryana.
“We have either completed or in the process of completion of our four townships projects at Sonepat, Karnal, Panipat and Kurushetra. [...]

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