Deutsche Bank's RREEF to invest $1B in Indian real estate over three years, targeting residential, retail, hospitality, and commercial projects in western and northern India.
DLF plans to invest ₹1,250 crore to expand its multiplex business, adding 500 screens nationwide. DT Cinemas will open a 12-screen megaplex in Gurgaon's Mall of India and multiplexes in various other cities.
Parsvnath Developers launched its first integrated commercial mall in Jamnagar, Gujarat, costing Rs 120 crore. The project spans 13,200 sq m and is expected to generate Rs 120 crore over three years.
Vacancy rates are rising in Bangalore and Chennai's tech hubs as IT companies seek new locations, causing concern for real estate developers.
High Pointe Real Estate Pvt Ltd announces the development of Mehran Heritage, a boutique hotel in Jodhpur, aimed at attracting both foreign and business travelers.
Hilton Hotels Corporation is planning a major comeback in the Indian market after ending its partnership with The Oberoi Group. The company is negotiating with multiple real estate players and will introduce its full range of hotels.
Mumbai witnesses world's highest 94.4% increase in industrial space rentals, leaping to 26th most expensive globally.
Salarpuria Group plans to invest Rs 1,000 crore in West Bengal by 2010, including a Novotel Hotel and two IT SEZs, with significant backing from the Central government.
Amrut Runwal Group is entering the hospitality sector with a five-star hotel in Pune, scheduled to open by June 2009, under the Ramada brand.
Mumbai's industrial property rents surged dramatically last year, nearly doubling and ranking among the fastest increases worldwide, according to an international report.
Shopkeepers on MG Road, Delhi, face steep rent increases amid uncertainty over property prices due to impending sealing drives after the assembly elections.
The Dubai Mall is nearing completion, showcasing innovative retail and entertainment concepts in a vast space, redefining mall development with unprecedented scale and structures.
Emaar MGF and Marriott International Inc. partner for four hotels in India, totaling 912 rooms and a $400 million investment, slated for completion by 2010.
Ishaan Real Estate Plc has leased 577,000 sq. ft. of office and retail space, predicting strong progress in construction and pre-selling residential units in Mumbai.
Sayaji Hotels Ltd has greenlighted a Rs. 20 crores investment for a 175-room budget hotel in Indore, operated by its subsidiary Malwa Hospitality Pvt Ltd.
Amrapali Group plans to invest Rs 600 crore in various hotel projects across India, with a mix of budget and luxury accommodations in key cities.
DLF Ltd plans to invest $5 billion over seven years to build 125 hotels in India, addressing a significant shortfall in tourism accommodation as demand rises.
Noida Authority invites bids for nine hotels near the Taj-Agra Expressway, reflecting growing demand in the NCR region for hospitality and retail properties.
Unitech, Indiabulls, and DLF postpone REIT listings on SGX due to market conditions, opting for private placements and domestic funding.
Vishal Retail is venturing into real estate, aiming to acquire 1 crore sq ft in 3 years for retail expansion and new projects. The initiative is expected to launch later this year or early next year.
BPTP secures a 95-acre commercial plot in Noida for Rs 5006 crore, signaling robust real estate activity and positioning Noida as a competitive office space alternative.
Paul Hotels & Resorts is investing Rs 180 crore to develop two hotels in Mysore and Hampi, Karnataka, within the next two years.
Bahraini firm Acacia Real Estate buys 49% stake in Noida's Logix TechnoPark for $69 million, projecting a 24% annual return for investors.
Indiabulls, a Mumbai-listed real estate giant, is set to acquire Aim-listed Dev Property Development in a £138 million all-share deal, marking the first such transaction of this scale financed entirely by Indian shares.
Suncity Projects plans to invest ₹15,000 crore in developing 'Jewel of India' mega-malls across six cities, featuring unique ethnic product spaces.
