The report outlines Chennai's real estate market dynamics, emphasizing service tax changes, ECB, and a projected influx of 67,500 residential units within three years.
Indian companies' overseas investments rose 37.6% to $2.77 billion in March, with major investments in real estate and services
Unitech has launched Gardens Galleria in Noida, marking an expansion of its retail and entertainment complex, featuring 230 retail outlets amidst a vibrant commercial landscape.
In 2011, demand for office and retail space in Bangalore showed robust growth, with a significant contribution from the IT and ITES sectors. Experts predict an even higher demand for office space in 2012.
Mirah Group consolidates real estate business, eyes large townships in Mumbai, Pune, and Nagpur, alongside expanding F&B and hospitality ventures.
Dhanlaxmi Bank denies plans to close branches, focusing on cost control and growth strategies amid pressure from declining margins and net losses.
Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
Two Indian real estate deals, Leela Kempinski Kovalam and Noida's Wave Mega City Centre, ranked among Asia's top ten in August 2011, according to Real Capital.
Indian real estate sees 3-year high in Q1 PE deals despite lower investment values
Lemon Tree Hotels aims to open 100 hotels in India by 2020, expanding its capacity to 10,000 rooms, while delaying its real estate venture with Warburg Pincus.
Despite price rises of up to 166% in some Indian cities, NRI investment in real estate remains strong, driven by desire for a second home and favorable government policies.
HUL sells Mumbai property to Piramal Realty for Rs 452.5 crore. The deal includes fixed and variable components and was brokered by JLL India.
Indians topped Dubai's property buyer list in 2011, investing Rs 292 crore, marking 16% of total new investments. Asian investors, with UAE and Indian nationals leading, comprised 68% of the investor pool.
Real estate developers rally as banks cut home loan rates, sparking hopes of increased property sales.
Urbanization is crucial for India's growth, but infrastructure development lags behind the rapid rise in urban population and real estate stock, necessitating urgent investment.
Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.
Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.
The Trump Organization plans to expand its luxury residential and hotel projects in India over the next five years, focusing on cities like Mumbai, Delhi, Bangalore, and Goa, despite regulatory challenges.
Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.
The Leela Kempinski Kovalam sale ranks among Asia's top hotel deals, with Noida emerging as a key site for development projects per Real Capital Analytics.
This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.
A prosecution witness in the 2G spectrum case testified that real estate firms were not barred from applying for UAS licenses, and Parsvnath Developers' application was rejected.
India's property market to attract $3 billion from overseas buyers, despite high prices, driven by robust economy and growing middle-class population.
Blue Mountain Real Estate Advisors bids nearly £750m for 42 Marriott hotels in Britain. The deal involves RBS, the primary debt holder, granting exclusivity to the Indian firm.