Prospective home buyers should prioritize affordability over fear of missing out, as current real estate prices are excessively high, with a 30% correction needed for sustainability.
Ambala in Haryana is seeing a rise in real estate activity with new housing schemes and commercial projects, driven by major developers eyeing expansion in the area.
Delta Township opens a new library offering numerous events. Both Delta and Delhi offer stable investments in the housing market.
Meerut, an ancient city near New Delhi, boasts a thriving real estate market with educational institutions and a mix of commercial and residential properties.
Small builders in Lucknow face financial strain due to rising inflation, increased interest rates, and escalating construction costs, impacting project pricing and buyer interest.
Chandigarh's real estate market is experiencing a challenging phase with mixed sentiment among investors and local buyers. Key developments include declining prices and major investment projects.
Bhiwadi is emerging as a key industrial hub in NCR, drawing significant investor interest and increasing property values due to its strategic location and government initiatives.
India's real estate market experiences significant growth, with developers expanding investments into various property types, including residential and commercial projects across the nation.
Pune's property market is thriving with increased investments in residential and commercial developments, notably by Milestone Capital, focusing on affordable housing and prime locations.
Indian real estate faces uncertainty amidst global slowdown and high property prices, impacting developers and investors, though robust demand persists.
A slowdown in real estate is observed, with residential transactions down 20-25%, while Mumbai experiences high demand despite challenges from rising interest rates and inflation.
Uttorayon township in Siliguri, a collaborative project, has completed two phases and is set for a 2011 completion. The project includes hotels, a hospital, and a mall, with most flats already sold.
Narang Developers and Bombay Taximen Colony are in talks for a Rs 1,100 crore redevelopment deal, potentially surpassing the previous largest deal of Rs 900 crore between Kumar Developers and Khira Nagar residents.
SatyaVani Projects plans to raise $150 million from European REITs to fund projects in Hyderabad, Bangalore, and Visakhapatnam.
Sabeer Bhatia's Nano City project in Haryana to partner with Parsvnath Developers. The deal involves 30-38% equity stake and development rights, focusing on 11,000 acres with a first phase investment of Rs 1,500 crore.
DLF's EWS Housing Proposal Rejected, Favors Servant Quarters Over Affordable Housing
Sales to NRIs in India show resilience despite domestic slowdown and have tripled over half a year.
Rules for NRIs/PIOs buying residential/commercial properties in India, covering regulations, taxation, repatriation, and more.
Wealthy Indians are increasingly investing in foreign properties as second homes, reflecting a global trend in real estate amid rising domestic wealth.
Indore's real estate innovation: Silver-springs project attracts FDI, features themed enclaves and exclusive defense housing.
Sobha Developers sold 40% stake in a Bangalore residential township project to Dubai's Pan Atlantic for $10 million. The project is estimated at 1.05 billion rupees.
Rising inflation and interest rates are slowing down property demand in India. A further interest rate hike could severely impact the real estate sector, except in Mumbai and Delhi where demand remains strong.
India's 5-year property boom may end with 15-20% price drop due to increased housing supply, rising borrowing costs, and market rout.
Real estate appears resilient to inflation, with experts predicting a price drop of 5-10 percent. It's considered a favorable time for property investment, especially in Tier II and III cities.
Residential rents in India are rising by 10% due to high demand, low rental yields (3-6%), and high home loan interest rates (11-13%). Many potential buyers are delaying purchases, increasing rental demand.
