Dhanbad, Jharkhand, emerges as a rising real estate hub after Ranchi and Jamshedpur, with realistic property rates and growing demand for horizontal colonies.
Mumbai suburbs to see 10-20% property price drop by March 2009, Jones Lang LaSalle Meghraj predicts, citing excess supply beyond Borivali, Thane, and Navi Mumbai.
Altamount Road in Mumbai ranked tenth most expensive street globally, boasting greenery and prominent residents, but faces challenges from construction and parking issues.
Jim Gainsford, a British expatriate, shares his experience of finding a home in Gurgaon, India. He emphasizes the need for better infrastructure in the area, including finished roads and traffic management.
Delhi Development Authority (DDA) plans to redevelop 30 slum clusters with private developers, offering higher FAR for increased profitability, similar to Mumbai's successful projects.
Kolkata realtors to hike residential unit prices by Rs 100-500/sq ft due to 25% increase in construction costs, amid 12.98% inflation rate.
Rising interest rates and new DDA flats are causing panic among real estate investors in Delhi NCR. Investors are selling back to developers or pushing for quick sales, while experts advise end-users to wait for potential price corrections post-festive season.
Burn Standard and NBCC plan to develop a premium housing complex on an 11-acre plot in Alipore, Kolkata. The project awaits BIFR approval and faces hurdles like relocating existing structures.
Ahmedabad is attracting significant NRI real estate investment, rivaling Mumbai and Goa. Driven by better appreciation and affordability, NRIs are showing increasing interest in high-end properties.
Young Builders acquired DMRC's 2-hectare land in North Delhi for Rs 220 crore to develop a residential complex, impacting nearby property values like Parsvnath Developers’ project.
The DDA will sell 5000 flats at prices significantly lower than private developers, offering hope to prospective homeowners in Delhi amidst rising real estate costs.
Maharashtra, known as the 'Power House of India', is witnessing rapid development in both residential and commercial real estate. The state's industrial growth has boosted real estate demand in cities like Mumbai, Pune, and Nagpur.
Matheran Realty's lottery-style sale for 2,000 affordable flats in Karjat, priced at Rs 3 lakh, with funding from Eredene Capital and technical support from Sterling Construction Systems
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.