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A single-storey house at 3 Tilak Marg has just been bought for Rs 100 crore, continuing the scorching pace of ultra-expensive real-estate deals in the coveted centre of the Capital. The acquisition was confirmed on Tuesday night by Abhay Oswal, managing director of Oswal Chemicals & Fertilizers Ltd., who acquired the property on behalf of his ...

The next time you go on a property hunt, you can ask your real estate promoter whether the particular plot is capable of being loaded with additional FSI in the future. The promoter is legally bound to give you the answer. In a major relief to flat buyers in Maharashtra, the Supreme Court on Thursday held that real estate promoters must not only ...

The Prime Minister, Dr Manmohan Singh's promise to put in place a more humane policy towards those displaced from lands acquired for new industrial projects is timely. Land acquisition is increasingly becoming controversial with the conflict between the state and those affected by such acquisitions often escalating into a serious law and order ...

While foreign investors seem to be making a beeline for property in India, HDFC Chairman Deepak Parekh believes real estate is overpriced. He speaks on the dangers of having unreasonably high property prices, saying affordability is now being stretched. Excerpts: You haven’t been bullish on real estate. What do you think you’ve ...

In India, land legislations are not fool proof and many land deals are mired in title litigations. Land deals are best left to the builders who are well versed with the legalities. Also compounding the problem is the issue of land grabbing and adverse possesion by unauthorised people. So its very essential that you have someone to monitor your ...

There has never been a better time for NRI's to buy realty in india, than now Not only have construction standards up the ante, bigger complexes and layouts today give the same ambience and lifestyle homes that most of the developed countries worldwide. And if you look at the fundamentals ruling the realty market, India is an emerging blue ...