CREDAI reports growth in residential & commercial real estate sectors, driven by affordable housing & reduced home loan rates, with a 60% increase in March.
HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
Lodha Developers' bid for Finlay Mill property in Mumbai not cleared due to low offer
Debt-ridden DLF to sell land and wind power business to raise Rs 1,900 crore. Unitech reduces debt, both companies' shares rise.
The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.
PVP Ventures sells Vadapalani property to SRM for Rs 140 crore, plans to focus on core businesses
DLF's plans to buy out DE Shaw's investment in DLF Assets may face hurdles due to a FEMA rule classifying fixed-return equity investments as debt.
Shivalik Group, a leading real estate firm in Gujarat, aims for global expansion while maintaining strict quality in its projects and relationships.
Research & Markets has released the 2009 Worldwide Real Estate Property Managers Industry Report, providing key statistics and forecasts for the sector across 47 countries.
Cushman & Wakefield partners with Technopak to enhance retail services, combining expertise for a dominant market share.
Unitech, India's second-biggest real estate developer, is in talks with private equity funds for $560 million investments and restructuring loans to cut debt.
India's economic growth projected at 6.7% amidst global slowdown, impacted by risk aversion and rising credit defaults.
Ambuja Realty is expanding into real estate, hospitality, life care, and education despite the economic slowdown. The company has invested ₹1200 crore in projects since its inception.
Unitech seeks to restructure Rs 800-crore loan from public sector banks, amid debt burden of Rs 2,500 crore due by March '09
Maytas Infra faces significant challenges, including management issues, stock downgrades, and project cancellations, raising concerns about its future viability.
Medium-sized developers in India renegotiate joint development agreements due to 30% drop in land prices in the past 6 months, seeking more viable terms.
QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.
CREDAI to meet RBI Governor, seeking lower interest rates and debt restructuring for struggling real estate sector.
Hirco shareholders clash over restructuring proposal involving the merger of two Hiranandani-owned real estate subsidiaries. The move faces opposition, with some investors concerned about the Hiranandani group gaining majority control.
Satyam Computer Services hires DSP Merrill Lynch to review strategic options, delays board meeting to January 10, amidst corporate governance concerns.
India's real estate sector may benefit from increased Asian fund allocation by global investors, despite current weak demand and uncorrected property prices.
PwC India Acquires ECS for ₹38-42 Crore, Expands Business Operations
Unitech plans to merge its eight telecom subsidiaries for better management, aiming to roll out services by mid-2009 while navigating delays with Telenor's stake sale.
