HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
Realty sector and infrastructure firms like GMR and HCC are venturing into the education sector, aiming to capitalize on the growing education industry in India.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
Marib Holdings LLC announced a Rs.18,400 cr. ($4 billion) space city project in Chikkaballapur, 90 km from Bangalore, to feature residential, business, and entertainment options.
The 2010 India Realty Expo in Dubai, organized by MCHI, saw significant success with 2,847 NRI attendees. Attractive pricing and ready properties drew numerous investors. The expo showcased projects from Mumbai, Bangalore, Goa, and Pune, with strong interest in 2/3 BHK flats.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.
The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.
MCHI is hosting the 13th India Realty Expo in Dubai from June 3rd-5th, 2010, to showcase Indian real estate opportunities to NRIs, featuring properties in cities like Mumbai, Pune, Goa, and Bangalore.
Analysis of the real estate sector reveals notable growth in office space demand, particularly in Bangalore, Mumbai, and Delhi, with mixed results in residential and retail markets.
A recent survey reveals that 34% of potential homebuyers prefer NCR-Delhi, followed by Mumbai, indicating a shift towards end-user driven real estate investment.
Integrated commercial spaces, mirroring residential complexes, are gaining traction in India, offering office spaces, hotels, and retail areas within a single development.
The Indian hospitality sector is witnessing a surge in global investment, with numerous hotel chains planning expansion amid a significant demand-supply gap in accommodation.
Transport Corporation of India Ltd has announced the consolidation of its real estate and warehousing activities into a newly formed company, TCI Developers Limited.
Mantri Developers launched Mantri Square, one of India's largest malls, in Bangalore. The mall features metro connectivity, 252 retail outlets, and a public-private partnership with BMRCL.
Oracle India's deal for 1.2-million sq ft of office space in Brigade Northstar has collapsed due to pricing differences, halting plans to move 8,000 employees.
Office rentals in India stabilized in the September quarter, with varied trends across cities. Economic improvement and corporate confidence drive demand.
Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.
Sahara Prime City aims to raise Rs 3,450 crore from an IPO to fund development of nineteen thousand housing units and 16 integrated townships.
Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.
Global retail slowdown hits high-street rentals, Mumbai worst affected with 63.5% decline
Dax Properties is developing a luxurious 18-hole golf retreat in Shadnagar, investing ₹500 crores to create villas and promote golf tourism in the region.
Shriram Properties and Career Launcher will open 25 Indus World Schools in townships across Bangalore, Chennai, Kolkata, and Visakhapatnam by 2010.
The demand for affordable housing is critical for India's middle income population, particularly in major metros like Delhi, Bangalore, Chennai, and Pune.
Provident Housing, part of the Puravankara Group, has acquired 62 acres near Bangalore for ₹150 crore to expand affordable housing projects in the region.