The State Legislative Assembly reduced stamp duty on first-time registrations of apartments priced between Rs 35 to 45 lakhs to 3%, aiming to boost the real estate sector.
Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
Real estate developers are redesigning apartment layouts to accommodate the trend of remote work, creating office-like spaces within homes.
Upcoming Bengaluru Transit Infrastructure Projects to boost real estate development. Impact includes major locations like Whitefield and Electronic City.
The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.
Residential real estate markets in top eight Indian cities show improved sales and decreased unsold inventory, except for NCR which still struggles with a high volume of unsold units.
Shri Group secures Rs 80 crore from Edelweiss for construction in Greater Noida West, citing positive real estate market trends and upcoming project phases.
In 2016, Bengaluru faced a 28% deficiency in office space supply despite high demand from the IT sector and e-commerce companies. CBRE predicts a shorter supply for the year.
Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.
Experts predict that a decline in office space supply will pressure rental values, while corporate relocation and economic factors affect demand across major cities.
The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.
Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.
DLF Garden City, Lucknow, wins "Integrated Township of the Year – North India" at Realty Plus Excellence Awards 2012. The township boasts eco-friendly infrastructure and international living standards.
Bengaluru's commercial real estate thrives due to its skilled workforce, quality living, and ITES sector, although real estate costs and accessibility are also significant factors.
The Indian Property Show in Hong Kong on March 3-4 offers NRIs a chance to explore 300+ projects by 70+ Indian developers, with on-site home loan approvals.
Atria group plans to expand its Indian hospitality sector portfolio with 1500 new rooms across multiple cities, including the launch of Atria Grand in 2009.
ABS Hotels India is set to launch 'Smart Hotels' in eight cities, alongside expanding its Roop Hotels & Resorts brand, with significant investment plans.
Kult Infotech launches ValuePROPS.com, an innovative online real estate platform in India, offering multilingual support and extensive resources for buyers and sellers.