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Top Stories
Zomato leases 1.2 lakh sq ft office space in one of Gurgaon's most expensive buildings
Lodha Developers clocks Rs7,800 crore sales in FY15
INTERVIEW: I don't waste time raising funds: Rahul Yadav, Housing.com
Malls face uncertain future as customers desert them
NGT fines five-star hotels for insufficient rainwater harvesting
Rent Act change in Mumbai is in builders' interest: Congress
Now South Korea offers $10 billion for smart cities
SoftBank in talks with Oyo Rooms for $100m funding round
State-owned banks told to treat defaults of over Rs 50 crore as likely fraud
Chinese companies to set up units at GMR SEZ, to invest $3.5 billion
Residential
DDAs mega scheme not a dream come true for many
Commercial
Office leasing activity jumps to 2 million sq ft in April, highest in 2015 so far
NBCC to develop four waqf properties at a cost of Rs 398 cr
Retail
Only 12 shopping malls in Delhi-NCR running successfully: JLL
Hospitality
Lemon Tree Hotels draws up plan to grow roots overseas
Regulatory
Jaipur Development Authority cancels maps of 12 housing schemes
Action against Nagpur builders for failure to obtain occupancy certificate
Industry
INTERVIEW: Smartphones and apps will run your house: S K Sayal, Bharti Realty
Housing.com announces presence in 101cities
ISB prepares model for developing smart cities
Allied Industries
Margin pressure likely to continue for Asian Paints
Top Stories
Zomato leases 1.2 lakh sq ft office space in one of Gurgaon's most expensive buildings
ETRealty
The rental in the building is around Rs 135 per sq ft per month. At this rate, Zomato will pay close to Rs 1.6 crore a month as rental.  Read more
Lodha Developers clocks Rs7,800 crore sales in FY15
livemint.com
Firm beats market leaders at a time when peers struggled to meet sales targets because of depressed demand  Read more
INTERVIEW: I don't waste time raising funds: Rahul Yadav, Housing.com
business-standard.com
He is one of the quirkiest chief executive officers in India. Rahul Yadav, 26, co-founder and CEO of Housing.com, has been making headlines for doing things differently and sparking controversies. In ..  Read more
Malls face uncertain future as customers desert them
dnaindia.com
Malls face uncertain future as customers desert them - Industry experts say 60% of malls in top Indian cities are non-performing and the competition from new centres will increase the failure rate goi..  Read more
NGT fines five-star hotels for insufficient rainwater harvesting
ETRealty
It passed the orders after noting that these hotels had not bothered to take steps to install rainwater harvesting systems even after several reminders.  Read more
Rent Act change in Mumbai is in builders' interest: Congress
ETRealty
The Congress on Monday lent its muscle to tenants protesting against the proposed changes to the Rent Control Act in draft of new housing policy; the BJP led government has sought to change the age-ol..  Read more
Now South Korea offers $10 billion for smart cities
ETRealty
The fund will boost smart cities, railways, power generation and other diversified areas, creating a special strategic tie between the two nations.  Read more
SoftBank in talks with Oyo Rooms for $100m funding round
ETRealty
Japan's telecoms and internet giant SoftBank Corp has held talks with Oyo Rooms, a branded budget hotel marketplace, for leading a massive $100 million or Rs 630 crore financing round in the company, ..  Read more
State-owned banks told to treat defaults of over Rs 50 crore as likely fraud
ETRealty
Government also creates cell in the CBI to deal with frauds detected by banks, sets guidelines; sharp rise in defaults has eaten into the bottom line of banks.  Read more
Chinese companies to set up units at GMR SEZ, to invest $3.5 billion
ETRealty
Chinese firms that deal in power equipment, electronics, wind & solar energy are planning to set up their manufacturing units in Kakinada SEZ,  Read more
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Residential
DDAs mega scheme not a dream come true for many
thehindu.com
The mega 2014 Housing Scheme of the Delhi Development Authority (DDA) has been riddled with a large number of cancellations. At 6,000 and counting, the scheme which had a-never-before 25,034 flats on ..  Read more
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Commercial
Office leasing activity jumps to 2 million sq ft in April, highest in 2015 so far
ETRealty
Demand for office space remained strong in Mumbai, which accounted for around 30% of the total office space transacted during the month, followed by Chennai and Pune that together contributed around 4..  Read more
NBCC to develop four waqf properties at a cost of Rs 398 cr
ETRealty
Gulistan Shadi Mahal, Masjid-e-Mavalli, Dargah Hazrat Attaullah Shah in Bangalore and Takiya Chand Shah in Jodhpur will be developed.  Read more
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Retail
Only 12 shopping malls in Delhi-NCR running successfully: JLL
ETRealty
The top seven cities of India-- Delhi, Mumbai, Pune, Bangalore, Kolkata, Chennai and Hyderabad-- account for a total of 255 operational malls.  Read more
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Hospitality
Lemon Tree Hotels draws up plan to grow roots overseas
mydigitalfc.com
Having strengthened its roots in the Indian market, Lemon Tree Hotels thinks it is time to expand its footprints in overseas markets. The company is in talks to manage  Read more
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Regulatory
Jaipur Development Authority cancels maps of 12 housing schemes
ETRealty
The Jaipur Development Authority (JDA) on Monday cancelled the approved maps of 12 housing schemes in the building planning committee (BPC) meeting after developers failed to adhere to the township po..  Read more
Action against Nagpur builders for failure to obtain occupancy certificate
ETRealty
Following a demand from senior Congress corporator Praful Gudadhe, mayor Pravin Datke directed municipal commissioner Shravan Hardikar to take action against builders not taking occupancy certificates..  Read more
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Industry
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INTERVIEW: Smartphones and apps will run your house: S K Sayal, Bharti Realty
business-standard.com
Interview with Chief executive, Bharti Realty  Read more
Housing.com announces presence in 101cities
financialexpress.com
Online real estate platform Housing.com, led by CEO Rahul Yadav, today announced that it is alive in 101 cities across India.  Read more
ISB prepares model for developing smart cities
ETRealty
The 'Smart City Maturity Model' (SCMM) has been prepared to help Indian cities as well as states assess their progress and align their strategies in this regard, according to an ISB research paper.  Read more
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Allied Industries
Margin pressure likely to continue for Asian Paints
ETRealty
At 16%, the operating profit margin improved 150 bps thanks to the savings in raw material costs. Input costs in paints have a high linkage with oil.  Read more
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