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.
Rising steel and cement prices impact India's real estate sector, hitting middle and lower-class housing demand.
Realty stocks surge in afternoon trade, with BSE Realty index up 3.7%. DLF leads with a 7% gain, followed by other prominent players like Unitech and India Bulls Real Estate.
India's luxury real estate market faces challenges due to dwindling demand from domestic buyers and cautious non-resident Indians (NRIs) anticipating a market correction.
Piya Charitable Trust, Chandigarh, provides free primary education, healthcare, and vocational training to 180 children of construction workers in Zirakpur, Panchkula, and Silver City.
ARCH Capital and Mahindra Group form a JV to develop a 750-unit residential community in Chennai's Mahindra World City, marking Ayala's first major Indian real estate investment.
Despite a real estate slowdown, land deals in India thrived in Q1 2008, reaching Rs 23,000 crore, with another Rs 10,000 crore in the pipeline.
India's real estate sector, driven by internal consumption, experiences 30-40% growth, attracting global investments, despite concerns of an unsustainable bubble forming.
Rentals in the National Capital Region are anticipated to stabilize due to increased supply in Gurgaon and Noida, with no major changes expected in Delhi.
Chennai's residential flat sales decline due to high prices, impacting middle-class buyers. New apartments range from ₹70 lakh to ₹1 crore, exceeding affordability.
The Kolkata real estate market faces stagnation in the residential segment, with ongoing price stability despite an increase in construction costs and delayed project launches.
The Munjal family, renowned for Hero Honda, is diversifying into real estate with plans for townships, industrial parks, hotels, and resorts across India. Initial investments will be family-funded, with external interest from investors and private equity.
One-BHK apartments in Ranchi have failed to attract buyers, prompting developers to shift focus towards larger two-BHK and three-BHK units due to lower property rates compared to other major cities.
Bangalore's Real Estate Growth Shifts to North, Driven by Airport Development
Realty giants are embracing the affordable housing sector, launching low-cost residential projects targeting small and mid-income buyers in various Indian cities.
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
Real estate speculation declines in Delhi-NCR due to price stabilization, impacting developer sales and project timelines.
Goa's tourism drives growth, with North Goa being the hub of activity and South Goa seeing planned development with luxury resorts.
Parsvnath Preston in Sonepat offers luxurious living with 3-tier security, modern amenities, and proximity to North Delhi.
The Pune construction industry faces significant setbacks due to migrant worker exodus, leading to delays and increased costs for buyers, as builders invoke force majeure clauses.
Haryana Urban Development Authority plans new sectors in 12 cities, offering residential plots and concessions for ex-servicemen, boosting infrastructure with hospitals and petrol pumps.
