Adani Enterprises Ltd (AEL) is exiting the real estate business, the flagship company of diversified conglomerate Adani Group revealed on Thursday. Its board of directors has already approved a

Shares in real estate companies were up on expectations of a pick-up in deal flows and a fall in interest rates, which would benefit both builders and real estate buyers, dealers said. Chai cafes woo

Soon after Manhattan-based American major Pfizer announced it was buying Madison-headquartered drug firm Wyeth for $68 billion, German giant Merck agreed to purchase rival Schering-Plough for $41.1

Monica and Sameer were in for a rude surprise when they received a letter from the housing company in which they had booked a flat. The mail spoke of an additional interest they had to incur under an

Prime office space supply dropped 40 per cent in 2011, compared to 2010, according to a report by CB Richard Ellis, a leading real estate consulting firm. An accumulation of vacant stock, weak global

Slow sales may force builders to hold on to prices, but expect the extra cost to be passed on in the future. The Maharashtra government's recent decision to make developers pay a premium for any floor

The Maharashtra government, in a bid to provide level playing field to developers and reduce arbitrary decision-making, has amended the development control regulations (DCRs) for the state capital

State plans to table Bill, which seeks transparency in the sector, in Budget session. The realty sector has welcomed the Maharashtra government's decision to establish a Housing Regulatory Authority,

Notwithstanding the economic slowdown and at least 20 per cent dip in the sales registration in Mumbai, the Maharashtra government has increased ready recknor (RR) rates by an average 17 per cent.

NCR, Mumbai record decline. At a time when home sales are falling across major metros, Bangalore is still seeing a steady absorption of residential units, according to a new report. The Karnataka