Robert Vadra's real estate empire, built with soft loans from DLF, faces accusations of irregularities, sparking questions about his business dealings.
Delhi's real estate market faces challenges in 2012 due to competition from Gurgaon and Noida, offering better options and deals.
Bangalore real estate sees continued price increases due to IT boom, BPO sector, infrastructure, and migration. Experts advise buyers to wait for prices to stabilize.
Mumbai real estate prices have declined due to higher interest rates, stricter housing loans, and increased repo rates. The RBI's strict lending policies and over-supply have also contributed to this drop.
Gurgaon's real estate market is booming due to various factors such as proximity to Delhi, job opportunities, and industrial growth, making it an attractive investment option.
Suburbs are now preferred for real estate investment due to changing lifestyles and job availability. Gurgaon and Noida exemplify this trend, offering quieter, cleaner, and more relaxed environments.
Gurgaon's real estate market is booming due to job growth, MNC presence, and infrastructure development. Property rates are rising, with significant residential and commercial construction underway by major developers.
Noida Extension's approval brings mixed reactions. Buyers face booking uncertainties, builders grapple with rising costs, farmers claim underpayment, and environmentalists raise concerns about water depletion.
The real estate landscape in Noida is increasingly skewed towards luxury developments, leaving middle-income groups struggling to find affordable housing options.
The depreciating rupee has increased demand for residential properties from NRIs, particularly in Mumbai. Developers are also offering discounts due to liquidity concerns, making properties more attractive.
According to CBRE, the Indian residential market saw significant price increases in 2009-2011, followed by stagnation in the latter half of 2011 due to multiple factors.
Koramangala, once overlooked, has transformed into a prime real estate hub in Bangalore, with rising rentals and limited commercial space, reflecting its growing desirability.
Bangalore transformed from a seasonal racing town to a year-round economic hub after becoming the capital of the Kannada state. It faces infrastructure strains due to rapid growth.
Mumbai's real estate market shows signs of recovery with increased property registrations and new project launches. Festive occasions, discounts and lower interest rates are driving demand.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
Infinite India Investment Management invests $13 million in Kumar Urban Development's Pune residential project
Real estate prices in Coimbatore have increased 25-30% due to rising land, material, and labor costs, impacting affordability and the middle-income segment. Developers emphasize the need for infrastructure development to mirror Chennai's growth.
The Indian real estate market offers lucrative investment opportunities for NRIs, particularly due to the rupee's depreciation. Experts suggest that now is a good time for NRIs to invest in various property types.
Surat’s real estate sector has witnessed a 100% growth in the past two years, driven by vertical development, business opportunities, and infrastructure projects.
Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.
JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
Despite price rises of up to 166% in some Indian cities, NRI investment in real estate remains strong, driven by desire for a second home and favorable government policies.
Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.