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.
Unitech Ltd.'s Q4 profit plummeted 98% due to high interest rates and property prices impacting demand. The company expects improvement in the current fiscal year with increased funding availability and lower interest rates.
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.
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.
Real estate developers clash with Maharashtra government over mandatory 20% EWS housing reservation in new projects.
Real estate brokers are underwriting new projects for developers facing a cash crunch in major metros, impacting sales figures and market stability.
Gulshan Homz announces the launch of Gulshan Ikebana, a luxurious residential project at Sector 143B, Noida Expressway, featuring extensive high-rise apartments and numerous amenities.
Indian developers prepare for the 20th India Property Exhibition in Doha offering NRI investors over 100 diverse property options across major cities starting March 16, 2012.
DDA simplifies lift installation in Delhi apartments, easing the burden on residents. No longer needing unanimous consent, most flat owners' approval suffices.
Acron Infra Project is constructing a 2,800-apartment residential complex in Pune, focusing on affordability and eco-friendliness. The project, costing INR 800 crore, will be developed in six phases and offer modern amenities.
The real estate market sees a surge in demand for 2BHK apartments, mainly driven by middle-income, nuclear families and first-time buyers.
BCIL launches Zed Woods and Zed Earth residential projects in Bangalore. Zed Earth offers villas priced between Rs 1.5 to 4 crore, while Zed Woods offers apartments from Rs 25 lakh to Rs 80 lakh.
Jaypee Group launches Krescent Homes in Noida's Wish Town, featuring luxurious 2/3/4 BHK apartments amidst extensive green spaces and recreational amenities.
Khinvasara Group, a prominent real estate developer in Aurangabad, has launched Khinvasara Estates, a 7-acre residential project near Walunj. Offering 1/2 BHK flats and 3 BHK row houses, the project aims to provide modern living spaces at affordable prices.
Jaypee Group launches Jaypee Greens Kensington Boulevard in Noida's Sector 131, offering 1-4 bedroom apartments within the Wish Town project.
Jaypee Group launches Kasa Isles, a residential project in Noida's Sector 129, offering 1-4 bedroom apartments sized 550-2700 sq ft.
Residential markets in major Indian cities like Mumbai and NCR saw significant value appreciation in late 2009, driven by an economic slowdown that favored affordable housing.
Emaar MGF Land launched Palm Hills, a mid-income housing project in Gurgaon's Sector 77. The project offers around 1250 units of 3BHK and 4BHK apartments, priced from Rs 48 lacs.
Jaypee Group launches Lake District, a new residential project within its Sports City township in Greater Noida. The project offers 2BHK, 3BHK, and 4BHK apartments with an artificial lake.
Property firms are optimistic as they launch new housing projects for the festive season, despite challenges in demand and price hikes.
Zuri Group Global will invest ₹1200 crore in luxury residential properties and business hotels across India over three years.
Delhi's real estate is booming due to increasing demand from students, tourists, and businesses. Factors like location and accessibility influence property prices, with areas near landmarks and transport hubs being highly sought after.
Real estate companies are promoting 2-bedroom apartments for around Rs 20 lakh to revitalize the housing market, leveraging lower home loan interest rates. However, buyers should be wary of hidden costs and remote locations.
Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.
Sahara Prime City announces a mega township project in Coimbatore, featuring nearly four thousand new homes including apartments, houses, and bungalows.