Indian real estate companies resist government pressure to lower prices, citing high taxes and low demand. Developers believe reducing interest rates is key to reviving the market.
Real estate sector faces slump due to high interest rates and economic slowdown, forcing developers to focus on affordable housing in Tier-II and Tier-III cities.
Property prices in major Indian cities have surged, but new developments in areas like Rudrapur and Mohali show growth potential amidst a changing market landscape.
With soaring real estate prices on Earth, some are considering purchasing land on the moon, which, despite legal hurdles, offers a unique and affordable opportunity.
Experts believe that despite RBI's rate cuts, developers need to adjust prices to stimulate the sluggish residential market and address declining revenues.
Mumbai developers consider halting new residential projects due to market slowdown, impacting sales and leading to job cuts in the construction industry.
Indian real estate sector witnesses price drop due to economic slowdown, inflation, and liquidity crunch, making it a good time for home buyers.
Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.
Real estate developers are offering attractive discounts and deals due to a market slowdown and liquidity crunch, despite putting on a brave face.
Rental property investments are gaining traction in India as home sales slow, with Hyderabad showing mixed trends in both sales and rental demand.
Home buyers in Mumbai await a significant drop in realty prices, despite developers' offers and discounts at a major property exhibition.
Centrum Broking predicts a 30-35% decline in India's residential property prices, with Mumbai expected to fare better, possibly experiencing a reduction of 20-30% by April 2009.
TDI Infrastructure Ltd. launched "Build and Earn" scheme, offering subsidized construction and assured rentals to TDI City, Kundli plot owners.
Potential home buyers may find deals in April-May as developers face pressure to sell unsold stock at lower prices due to financial crunch.
The Indian real estate market faces a significant slowdown, but agents and developers are hopeful that the upcoming Diwali season will revitalize activity.
Rising property prices and interest rates have led to reduced affordability in residential properties, prompting developers to introduce various incentives and innovative schemes to boost sales.
FIRE Capital Fund is poised to enter the affordable housing segment, focusing on Tier II and III cities, with plans for a new investment in West Bengal.
Leading real estate developers in Mumbai unanimously agreed to reduce home prices by 10-12% during a recent meeting at the Grand Hyatt Hotel.
Savvy property investors utilized equity markets to reduce tax on gains, offsetting derivatives losses against short-term capital gains from property transactions.
India's real estate sector is experiencing a significant downturn, prompting developers to offer extravagant incentives, such as free BMW cars, to entice buyers of luxury apartments.
Mahindra Lifespaces plans to enter the affordable housing sector within a year, targeting middle-income groups amidst a growing housing shortage in India.
Gurgaon real estate is booming with both commercial and residential properties, offering diverse options for investors and residents alike.
Real estate investors face challenges exiting the market due to price drops and rising interest rates, leading to losses and defaults. Many young investors are struggling with EMIs after purchasing properties at peak prices.
Mumbai is set to alleviate its housing crisis with a new 35,000-unit rental project in Tiwri village by Dhanashree Developers, aimed at Maharasthrians with low income.
Residential real estate slump spreads to tier-2, tier-3 cities, with 25% drop in housing demand due to higher borrowing costs.
