The Orissa government is set to build 5,000 affordable homes in Bhubaneswar, in collaboration with private developers, targeting low-income groups.
Madhya Pradesh fails to attract builders for green building projects despite government incentives.
Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.
Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.
Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.
Rajkot's real estate market is rapidly growing in Gujarat, with consistent property value appreciation. Demand for 2 BHK units and luxury homes is on the rise.
Pallavaram in Chennai sees a significant rise in property prices due to its proximity to major IT hubs, making it a top choice for home buyers and investors.
Investment in township projects around cities and suburbs is seen as a better option, with experts suggesting that these areas hold more potential for growth and higher returns.
Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.
JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.
Chennai sees increased demand for resale homes, narrowing the price gap between new and resale properties partially driven by location, connectivity, and amenities.
Gurgaon's luxury housing market is shifting towards mid-segment luxury apartments, driven by rising property prices and a preference for premium amenities within a more affordable price range.
Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.
Budget 2013 to Adversely Impact Luxury Housing Segment with Reduced Deduction Rate
DDA flat owners in Mukherjee Nagar held a protest against the Delhi Development Authority for incomplete flats.
Bangalore's top-end villa rentals have dropped by 25-30% due to a surge in new projects and the decline in expat relocations, affecting demand significantly.
Knight Frank reports India faces severe housing shortages, exacerbated by funding issues in construction. Real Estate Investment Trusts (REITs) offer a viable solution.
Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class
Tier-2 cities in India drive growth through stabilized domestic demand for residential and commercial properties.
Bangalore's residential market is witnessing a surge in green buildings, with growing buyer demand reflecting a significant trend towards sustainability.
RBI's rate cuts have reduced home loan interest rates, reviving the residential market and boosting buyer sentiment across India.
A recent RTI reveal indicates Vadodara has over 1 lakh vacant properties, prompting debate among real estate experts and authorities about the figures' accuracy.
Theme-based housing is trending in the Indian residential market, driven by global exposure and increasing demand. Tata Housing and Disney are entering the market.
Ahmedabad's Urban Development Authority (AUDA) is poised to unveil a new development plan on February 1st, boosting the floor space index (FSI) by up to 30% and facilitating taller buildings across 68 villages.
AIG Global has acquired a 50% stake in a stalled shopping mall project in Hyderabad from RMZ Corp, planning to convert it into a residential development.
