Real estate could trigger market corrections if large IPOs fail, says HDFC Chairman Deepak Parekh. Recent IPOs are overpriced and Indian realtors aim to raise significant funds.
This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.
The Indian real estate market shows mixed reactions to recent developments in the US economy. While some companies are optimistic, others remain skeptical. Recent activity suggests market stabilization.
Vijaya Bank aims to increase NRI business to ₹5,000 crore by 2011, focusing on Kerala, Karnataka, and Andhra Pradesh. The bank also plans to expand financial inclusion, mobile banking, and branch network.
Knight Frank launches comprehensive guidebook to simplify real estate investment in India. The book offers essential information and industry insights.
Retail investors show cautious approach towards recent IPOs while institutional and high net worth investors demonstrates higher interest. Several IPOs deemed overvalued, according to investment recommendations.
Lodha Developers Ltd. named among India's top ten builders by Construction World survey
Retail investors regain confidence in primary market, cautiously enter secondary market with small bets.
Indiareit Fund Advisors is launching a Rs 500 crore real estate fund aimed at investments in residential projects across Mumbai, New Delhi, and Alibaug.
Madhur Bajaj, vice chairman of Bajaj Auto, plans to sell a significant portion of his land holdings under Emerald Acres, citing no interest in real estate development.
India's FDI inflows reached $41.5 billion last year, a significant rise from previous decades. Outward investments also increased substantially.
Lalith Gangadhar Constructions to maintain transparency with escrow account for LGCL-Ashlar project
El Forge Ltd. is selling its Thuraipakkam land for ten crore rupees as part of a restructuring, aiming for substantial profit to improve its financial situation.
Textile companies are increasingly venturing into real estate development, including Bombay Dyeing and Century Textiles, as the sector experiences a resurgence.
HDIL will book INR 350 crore in the remaining quarters following an Income Tax raid, denying any hidden income or tax evasion.
Maytas Properties aims to secure liquidity through potential partnerships, as negotiations with lenders and developers progress, according to Government-appointed Director Ved Jain.
Real estate prices are unlikely to rise in the next six months, with a significant increase in residential property sales expected, according to Niranjan Hiranandani of Hiranandani Group.
Oberoi Constructions plans IPO launch in Q1 next financial year to fund growth
Mothercare partners with DLF to form a joint venture in India, aiming to expand its presence in the rapidly growing market.
Tata Housing engages in initial discussions with Sequoia Capital and Atlanta Equity to secure funding for affordable housing projects, attracting investor interest with low-risk opportunities.
HDFC Property Ventures and Temasek are negotiating a potential Rs 625 crore investment in Prestige Group, which seeks a business valuation of $1 billion.
The real estate market is experiencing a revival, with increased demand leading developers, including DLF, to raise project prices, benefiting both buyers and sellers.
The real estate industry is rapidly evolving, prompting investors to stay informed on trends in residential and commercial properties for optimal decision-making.
IFCI is expanding its real estate presence, launching three serviced apartment projects and partnering with Frasers Hospitality to manage a capital property.
India's real estate industry shifts towards green building concept, with 30 million sqft of environment-friendly space, up from 20,000 sqft in 2003.