Real estate investors face challenges exiting the market due to price drops and rising interest rates, leading to losses and defaults. Many young investors are struggling with EMIs after purchasing properties at peak prices.
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.
Mumbai's Kapil Wadhawan views Australia as a prime location for expanding his real estate business, aiming to develop apartments and a hotel in Melbourne.
Global property market transactions fell 46% in Q1 2008, but investment in Asia and emerging markets continued to grow, driven primarily by acquisition of land and development rights.
HDFC chairman criticizes developers for not differentiating between super built-up and carpet area, misleading buyers. Industry experts discuss varying building bylaws and the unavoidable inclusion of FSI-free areas in property pricing.
Residential rents in India are rising by 10% due to high demand, low rental yields (3-6%), and high home loan interest rates (11-13%). Many potential buyers are delaying purchases, increasing rental demand.
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.
Chennai's real estate market is experiencing growth, with builders focusing on apartment projects. Luxury amenities and infrastructure are driving demand, making Chennai an attractive option for homebuyers.
Chandigarh's thriving rental market, driven by increased demand from residents seeking affordable housing, offers a variety of options catering to diverse budgets and lifestyles.
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.
Demand for one-bedroom flats in Delhi-NCR outstrips supply as builders favor larger, more expensive units, impacting affordability for many.
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.
Hyderabad-based SatyaVani Green Homes invests $10M in Udhodayam Green Homes, a 12-acre, 1800-unit green township on the Hyderabad-Warangal highway. The project emphasizes eco-friendly construction and renewable energy.
DLF is launching a new residential project, DLF Garden City, near Panchkula, Chandigarh. The project will offer 2, 3, and 4 BHK apartments across 34 acres, with additional amenities like a clubhouse, schools, and a hospital.
Ansal Housing launches Ansals Tanushree group housing project in Ghaziabad, offering 2- and 3-BHK apartments ranging from ₹29-40 lakh.
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.