Realty market slowdown to accelerate in 6 months due to stock market downturn, experts warn, with investors selling flats at lower rates.
Bangalore's rental market is booming due to increased urbanization and IT sector growth. Professionals and students are driving demand, while high property prices make renting more affordable. Real estate consultants assist newcomers in finding suitable housing.
Government policies are pushing for green buildings in Asian real estate markets. Driven by regulations, incentives, and market changes, green building growth is influenced by corporate social responsibility and tenant preferences.
BPTP Group paid Rs 1000 crore to Noida authorities as first installment for its 95-acre project, utilizing internal accruals and past PE investments. The remaining Rs 250 crore will be paid soon. BPTP outbid DLF and Omaxe for the project, facing a tight deadline due to funding challenges in the current real estate market.
DLF remains committed to the Dankuni township project despite uncertainty following the West Bengal government's announcement to halt land acquisition.
WBGEDCL partners with Siddha Group to integrate energy-saving tech in Xanadu, a studio apartment project in Rajarhat. Key features include solar thermal lighting and rainwater harvesting.
Amanora Park Town in Maharashtra, India, is set to unveil its 'Temple of Environment' on June 5th. This unique 18-foot granite and glass prism structure symbolizes environmental conservation.
The future of DLF's Rs 33,000-crore township project in Dankuni is uncertain due to land acquisition issues and political opposition. The West Bengal government might shelve the project if land acquisition challenges persist.
Realty stocks are experiencing a significant decline due to market uncertainty, a slowdown in the real estate sector and rising input costs. Major players like DLF and Unitech have seen substantial drops in their share prices.
Mumbai's elite shifting from Malabar Hill to Bandra, with celebrities and business professionals choosing the suburban location.
India's home prices expected to correct further due to low transaction volumes and over-supply, with 15-20% drop in major cities.
MMRDA plans to build 5 lakh affordable rental houses in Mumbai Metropolitan Region over 5 years, targeting migrants and low-income groups.
Karnataka real estate developers plan a price increase of 3-8% from June 10 due to rising construction costs and higher labor rates.
Knight Frank predicts residential property prices may drop further due to sales slowdown and market conditions.
Rental prices in key Indian industrial towns surge, with New Delhi experiencing a 13% increase in 2008, reflecting high demand and limited development space.
Demand for one-bedroom flats in Delhi-NCR outstrips supply as builders favor larger, more expensive units, impacting affordability for many.
Pune is experiencing a surge in integrated township developments due to the Maharashtra government's Special Township Policy Act. Several large-scale projects are underway, transforming the city's landscape and offering substantial investment opportunities.
Real estate markets experiencing significant price drops across major Indian cities, with residential values declining in metros.
Real estate developers are offering incentives like "No EMI till possession" and "EMI holidays" to boost sales amid a sluggish market. These offers aim to attract end-users by easing the financial burden until project completion.
Kolkata developer Siddha Group launches luxury studio apartments project in Rajarhat New Town
Mahindra Lifespaces and B E Billimoria win bid for 25-acre residential project at Nagpur's MIHAN, forming a special purpose vehicle.
Pune property prices hiked by Rs50-400 per sq ft, but sales dipped despite builder expectations. Registration figures indicate a market slowdown, contrary to builders' claims.
Zero-rent housing, popular in Vasai-Virar, requires hefty deposits of Rs. 2-5 lakh, refundable upon lease end. This attracts tenants, especially newlyweds and those with transferable jobs, and allows owners to reinvest.
India's property market shifts focus to affordable housing as demand for luxury apartments cools. Developers now target young professionals with smaller, more budget-friendly homes.
As land prices soar and liquidity tightens, builders are getting more cautious. They are now focusing on risk mitigation strategies, joint ventures, and leveraging land banks to navigate market challenges.
