City Corporation introduces apartment exchange scheme for Amanora Park Town project in Pune.
Ansal Properties to invest twenty billion rupees in affordable housing this fiscal year, marking the final installment of a sixty billion rupees investment for developing nineteen integrated townships.
15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.
Mumbai developers are focusing on premium residential properties as the market recovers, with high-value transactions ranging from Rs 5 crore to Rs 35 crore.
Zuri Group Global will invest ₹1200 crore in luxury residential properties and business hotels across India over three years.
Mumbai Sees Rapid Residential Price Growth, Tops at Rs 97,842/sqft
Delhi's real estate is booming due to increasing demand from students, tourists, and businesses. Factors like location and accessibility influence property prices, with areas near landmarks and transport hubs being highly sought after.
India's real estate recovery, driven by residential segment, is surprisingly led by investors, not end-users, with many seeking to book profits this Diwali.
Mumbai's realty market sees price hike of 5-15% across developments, with high-end flats in Mahalaxmi selling at ₹25,000/sqft, a 25% rise from comparable properties.
Building age significantly impacts rental value. Older buildings, especially those over 20 years old, lose market value due to outdated fittings and reduced elegance.
Recovery in realty market visible with rate cuts, attractive offers, and increased property registrations in major cities.
Neharpar in Faridabad emerges as an attractive investment destination with affordable prices, drawing interest from buyers and developers alike.
India's real estate sector is set to thrive due to economic growth, with developers focusing on affordability and smaller apartments to attract buyers.
TDI plans to invest ₹1,000 crore in affordable housing in NCR over the next three years, driven by renewed demand and successful recent sales.
The economic slowdown has led to significant price drops for homes in the National Capital Region, creating a buying opportunity despite project delays from developers.
Builders adopt cost-effective techniques to make affordable housing a reality, without compromising on quality and comfort, with examples from Puravankara's innovations.
Real Estate Investment Opportunity Arises Amid Economic Slump
The demand for affordable housing is critical for India's middle income population, particularly in major metros like Delhi, Bangalore, Chennai, and Pune.
Peninsula Land plans to raise ₹500 crore through QIP to acquire land in Mumbai, focusing on Parel, Lower Parel, Kanjurmarg, and Thane.
The ongoing recession is prompting changes in real estate, with consumers becoming cautious and developers focusing on affordable housing for middle-class buyers.
Real estate PE investments plummet to a four-year low in April-June quarter, as investors choose established markets over emerging ones in uncertain times.
Residential real estate sees a rebound, with increased inquiries and transactions in the low to mid-end segment, driven by price corrections and low interest rates.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
The home retail sector is gradually recovering from recent declines thanks to an improving housing market, with major companies reporting increased sales ahead of the festive season.
DLF abandons mall plan in Chennai due to recession, seeks residential project approval.