RICS India forms new boards and committees to enhance professionalism and transparency in Indian Real Estate
Siva Group acquires 13.88% stake in Chennai-based Arihant Foundations and Housing
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
IL&FS private equity plans to boost investments in infrastructure and real estate, increasing commitments significantly by FY10's end, highlighting bullish market outlook.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.
DLF has received government approval to proceed with its SEZ project in Kolkata, following a lengthy process to revive the initiative amid rising demand for IT space.
RE/MAX partners with Bhopal's Vision Advisory Services, marking its first foray into building a national real estate network in India.
SAIL has reduced steel product prices by Rs 1,000-1,500 per ton in response to global trends and decreasing demand due to the European financial crisis.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Jaiprakash Associates posts ₹10,000cr turnover, 90.45% net profit growth in FY10
Better Options Property (BOP) plans to launch realty boutiques called "BOP Studios" across Indian cities. These studios, modeled as walk-in property shops, target prime locations, recruit thousands of professionals, and aim for multiple projects in various cities.
Tata Housing received the Best Developer award for CSR at the Cityscape Awards, highlighting its commitment to societal welfare and contributions to Indian real estate.
Analysis of the real estate sector reveals notable growth in office space demand, particularly in Bangalore, Mumbai, and Delhi, with mixed results in residential and retail markets.
DLF plans to raise Rs. 2700 cr. by selling non-core assets to reduce debt by 33% this financial year.
The real estate sector's growth has been significant, but challenges due to varying laws across states hinder a national presence for developers.
Industry experts Pranay Vakil and Pankaj Kapoor discussed real estate trends, issues, and consequences at Moneylife Foundation's event on May 5. They highlighted the need for rental housing, infrastructure, and regulation.
Investors are returning to the real estate sector, driven by long-term capitalization and expected growth. However, current investments are lower compared to pre-recession levels.
JLLM signs contract with Wipro to manage 2.3M sqft office space in Bengaluru, Mumbai & Mysore
Tata Sons is urging its subsidiaries, Tata Realty and Tata Housing, to cease their competition, which is adversely affecting their overall operations in real estate.
JLLM report predicts rising residential property prices in Mumbai and growth in commercial real estate demand until the end of 2010, supported by infrastructure projects.
The cement industry anticipates a 12% increase in sales this month due to high demand from the realty sector and focus on infrastructure by the government.
IDS NIREM launches a new PG Diploma in Commercial Real Estate to address the growing need for specialized real estate education in India.
Transport Corporation of India Ltd has announced the consolidation of its real estate and warehousing activities into a newly formed company, TCI Developers Limited.
General Growth seeks extension for bankruptcy exit plan due to complex amendments
Indian developers prioritize feasibility studies and strategic alliances to avoid repeating 2009 real estate downturn. Focus on buyer-oriented projects rather than speculative ventures.
