News for 'real-estate-development'

CID to Probe Real Estate Developer's Murder in West Bengal

CID to Probe Real Estate Developer's Murder in West Bengal

Rediff.com6 days ago

The West Bengal government has transferred the investigation into the murder of real estate developer Safiq Khan to the state CID following concerns from the victim's family about the lack of arrests.

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

Noida techie death: Irrigation department raised flag in 2023

Noida techie death: Irrigation department raised flag in 2023

Rediff.com20 Jan 2026

A software engineer's death in Noida after his car plunged into a water-filled pit has sparked allegations of negligence against local authorities. An Irrigation Department letter warning about the need for head regulators to manage water accumulation in the area was allegedly ignored.

Noida techie death: 2 more builders arrested for drowning incident

Noida techie death: 2 more builders arrested for drowning incident

Rediff.com22 Jan 2026

Noida police have arrested two more builders in connection with the death of a software engineer who drowned after his car plunged into a waterlogged trench near a construction site. The arrests follow public outrage and allegations of negligence.

Noida techie death: Car pulled out of pit after 3 days

Noida techie death: Car pulled out of pit after 3 days

Rediff.com20 Jan 2026

The car of a 27-year-old software engineer who died after his vehicle plunged into a water-filled pit in Noida has been recovered after a three-day operation.

Homebuyers can't execute decree against promoters without personal liability: SC

Homebuyers can't execute decree against promoters without personal liability: SC

Rediff.com14 Jan 2026

The Supreme Court has clarified that a decree passed only against a real estate developer cannot be enforced against its directors or promoters in their personal capacity unless the original adjudication clearly finds them liable.

Noida techie death: Accident site draws curious crowds

Noida techie death: Accident site draws curious crowds

Rediff.com24 Jan 2026

The site where a 27-year-old techie drowned in Noida has become a focal point of public concern, with residents questioning the role of civic authorities and demanding accountability for the tragedy.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Realty firm chairman C J Roy dies by suicide amid I-T action

Realty firm chairman C J Roy dies by suicide amid I-T action

Rediff.com30 Jan 2026

C J Roy, founder and chairman of real estate firm Confident Group, died by suicide in Bengaluru. The incident occurred amidst ongoing Income Tax searches at his premises. Family alleges pressure from a central agency may have contributed to his death.

Noida techie death: Real estate firm director arrested

Noida techie death: Real estate firm director arrested

Rediff.com20 Jan 2026

Police on Tuesday arrested the director of a real estate group in connection with the death of a 27-year-old software engineer, whose car had plunged into a water-filled pit at a construction site in Noida's Sector 150, officials said.

Noida techie death: Builder sent to custody, SIT grills officials

Noida techie death: Builder sent to custody, SIT grills officials

Rediff.com21 Jan 2026

A builder arrested in connection with the death of a software engineer in Greater Noida has been sent to judicial custody. An SIT is investigating the incident, questioning Noida Authority officials regarding alleged negligence.

Techie death: Noida Authority CEO removed, CM Yogi orders SIT probe

Techie death: Noida Authority CEO removed, CM Yogi orders SIT probe

Rediff.com20 Jan 2026

Following the death of a software engineer whose car plunged into a water-filled pit at a construction site, the Noida Authority has taken action, including terminating an engineer and issuing show-cause notices. An investigation is underway.

Mercedes-Benz, BMW eyeing India's luxe realty sector

Mercedes-Benz, BMW eyeing India's luxe realty sector

Rediff.com9 Jan 2026

According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Launches boost presales growth of top realtors in Q2

Launches boost presales growth of top realtors in Q2

Rediff.com3 Dec 2025

Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.

Top realtors bet on plotted development

Top realtors bet on plotted development

Rediff.com22 Dec 2025

India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.

Realty faces execution pressure as developers expand launch pipelines

Realty faces execution pressure as developers expand launch pipelines

Rediff.com22 Dec 2025

Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.

Affordable homes no longer attractive to investors

Affordable homes no longer attractive to investors

Rediff.com27 Nov 2025

Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.

Avg yield of Indian REITs at 6-7.5% is higher than US

Avg yield of Indian REITs at 6-7.5% is higher than US

Rediff.com13 Sep 2025

Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. CREDAI, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event in Singapore.

Now You Can Stay In A Lamborghini

Now You Can Stay In A Lamborghini

Rediff.com13 Nov 2025

Their projects are known for Italian-inspired creative façades with intricate urban elegance.

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

ED raids AAP's Saurabh Bharadwaj in Delhi health infra 'scam'

ED raids AAP's Saurabh Bharadwaj in Delhi health infra 'scam'

Rediff.com26 Aug 2025

The investigation against Bharadwaj (45), former Delhi health minister, is understood to be linked to an Anti-Corruption Branch case into alleged corruption in health infrastructure projects by the previous AAP government.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Q1 presales solid for India's top listed real estate firms, profits patchy

Q1 presales solid for India's top listed real estate firms, profits patchy

Rediff.com29 Aug 2025

India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.

Trump's tariffs hurting India, causing job loss: Tharoor

Trump's tariffs hurting India, causing job loss: Tharoor

Rediff.com12 Sep 2025

Senior Congress leader Shashi Tharoor says US tariffs are negatively impacting India, leading to job losses, and criticizes President Trump's diplomatic behavior.

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Rediff.com29 Jul 2025

Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.

'Money Is Not A Problem For Me'

'Money Is Not A Problem For Me'

Rediff.com10 Sep 2025

'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'

Gadkari: AI To Detect Landslides, Waterlogging Soon

Gadkari: AI To Detect Landslides, Waterlogging Soon

Rediff.com22 Aug 2025

Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives

After Brahmaputra dam, China to build Xinjiang-Tibet rail link near LAC

After Brahmaputra dam, China to build Xinjiang-Tibet rail link near LAC

Rediff.com11 Aug 2025

China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

DLF Returns to Mumbai with 800 Crore Bet

DLF Returns to Mumbai with 800 Crore Bet

Rediff.com18 Jul 2025

'The market today is different -- more mature and conducive. As a national player, you can't not be in Mumbai. And competition is always good.'

Piramal turns out to be real estate developers' saviour

Piramal turns out to be real estate developers' saviour

Rediff.com11 Jul 2016

Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.

Chhota Rajan acquitted in 20-year-old threat case

Chhota Rajan acquitted in 20-year-old threat case

Rediff.com11 May 2025

In a setback for Central Bureau of Investigation (CBI), gangster Chhota Rajan was acquitted by a special court two decades after he was booked for threatening a builder, with the judge noting the prosecution has failed to prove the charge as nothing incriminatory was found during witnesses' testimonies.

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

Maha court acquits gangster Suresh Pujari in builder extortion case

Maha court acquits gangster Suresh Pujari in builder extortion case

Rediff.com6 May 2025

Gangster Suresh Pujari and 11 others have been acquitted in a 2016 builder extortion bid case by a MCOCA court in Thane, India. The court cited the prosecution's failure to present sufficient evidence and carry out a comprehensive investigation. The accused were charged with attempted murder, extortion, criminal conspiracy, and related offenses. The court ruled that the trial against two absconding accused, Ravindra Ghare and Iqlakh Shaikh, would be discontinued due to the acquittal of the other individuals.

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Ex-IFS officers urge PM to drop Aravalli safari project

Ex-IFS officers urge PM to drop Aravalli safari project

Rediff.com10 Feb 2025

A group of retired forest officers has written to Prime Minister Narendra Modi demanding the immediate scrapping of the 10,000-acre safari project in Haryana's Aravallis, arguing that it will harm the environment and wildlife. They highlight the "alarming destruction" of the Aravallis due to mining, quarrying, real estate development, and deforestation, and warn that the project could disturb aquifers crucial for water-starved districts. The retired officers also emphasize the importance of protecting the Aravallis, which is the only significant forest cover in Haryana, for its role in restoring humidity and rainfall in the region.

Top real estate developers see more consolidation coming in 2021

Top real estate developers see more consolidation coming in 2021

Rediff.com5 Jan 2021

Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.