Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
RE/MAX partners with Bhopal's Vision Advisory Services, marking its first foray into building a national real estate network in India.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
Som Distilleries acquires 50-acre plot in Gwalior for Rs 266 crore to develop retail mall, hotels, and residential apartments.
Developers in India are projected to invest $5 - 10 billion in retail space, with several major projects announced in Mumbai, Hyderabad, and Bhopal.