News articles tagged Akruti City

Upward move in commercial realty

India's commercial real estate market is rebounding, driven by rising government revenues and an improving economy. This has led to increased investor inquiries and rental deals.

DLF to sell stake in JV to raise fund

DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.

Home Rates May Drop Upto 12%

Leading real estate developers in Mumbai unanimously agreed to reduce home prices by 10-12% during a recent meeting at the Grand Hyatt Hotel.

Corporates Float Money To Attain Assets In Property Market

Corporates are launching new funds to acquire assets in the Indian property market, anticipating significant value erosion. Several groups are raising funds ranging from Rs 500 crore to Rs 1,000 crore, targeting both upcoming projects and existing assets.

Akruti Looks For Bus Terminals And Warehouses

Akruti City identifies new growth spots in bus terminals and warehouses, formalizing JVs with the Gujarat government and NCDEX.

Real Estate Firms Delay Plans

Indian real estate developers halt land acquisitions amid market downturn, rising interest rates, and funding challenges. Tepid sales and cash crunches force project delays and potential distress sales.

Realty Sector Down 4% On Housing Rate Concerns

Realty index down 4.45% on inflation concerns, sparking fears of rising housing loan rates.

Monsoon Likely To Affect Real Estate

Real Estate Market to Witness 15-20% Price Correction Post-Monsoon