News articles tagged Chandigarh

DLF’s Panchkula Premium Housing Project Surpasses Rs.1,150 Crore in Sales

DLF’s luxury housing projects in Panchkula achieve record ₹1,150 crore+ sales, driven by demand for high-end 4BHK+ units and strategic locations near Chandigarh.

Zirakpur’s Real Estate Market Sees 26.67% Year-on-Year Price Surge: A Growth Story Revealed

Zirakpur’s real estate market witnesses a 26.67% YoY price surge, averaging ₹5,794 per sq.ft. Strong demand for affordable housing, premium projects, and infrastructure upgrades attract investors. Emerging as a hotspot for homebuyers in Tricity.

Chandigarh Unveils Rs.2.73 Billion Development Plan: Boosting Real Estate in FY 2025

Chandigarh's administration announces ₹2.73 billion infrastructure development projects for FY 2025, including 600 government housing units and a new Police Training Centre, expected to drive real estate growth in Mohali and surrounding areas.

Chandigarh Housing board set up help desk for property auction

Chandigarh Housing Board assists bidders for 79 property auction via help desks and e-tender process for enhanced privacy and participation.

Chandigarh: Now a part of Smart City mission

Chandigarh's Smart City project, costing Rs 6,200 crore, will focus on sectors 17, 22, and 35, with plans for pedestrianized zones, 24x7 water, and smart solutions.

Omaxe sales bookings surged by 26 pc in H1

Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.

Punjab to Implement New Real Estate Policy: Says Badal

Punjab Government Announces New Real Estate Policy by December; Focuses on Infrastructure and Power Sufficiency

Income Tax Department Procured Real Estate worth Rs 2,500 crore in a Fiscal

The Income Tax Department has significantly expanded its real estate holdings, acquiring properties worth ₹2,500 crore across over 20 cities to enhance taxpayer services.

BOP launches Real Estate Boutiques

Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.

Realty Boutiques: First Time in India

Better Options Property (BOP) plans to launch realty boutiques called "BOP Studios" across Indian cities. These studios, modeled as walk-in property shops, target prime locations, recruit thousands of professionals, and aim for multiple projects in various cities.

Sahara Prime City to use Rs 2860 crore from IPO

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.

Malls under construction, developers pray Delhi-like culture sweeps region too

16 new malls are set to open in the tricity within a year, despite existing malls like Uppal’s Centra Mall and DT Mall struggling with low footfalls beyond cinema visitors.

NRIs stay away from investment in realty sector

NRIs are avoiding real estate investments in India due to the global economic downturn, significantly impacting the realty sector.

Developers are offering property discount

Indian property developers are offering massive discounts as the global finance crisis impacts the market. The incentives include free parking, fee exemptions, and paid stamps and registration costs.

Choice Hotels To Invest Rs 1500 Crore

Choice Hotels plans to invest fifteen hundred crore rupees over two years to expand its hotel count in India from 25 to 50.

Sarovar Hotels And Resorts Plans To Add 33 Hotels

Sarovar Hotels & Resorts aims to add 100,000 rooms by 2012, expanding its portfolio with 33 new hotels across various brands, including budget-friendly Hometels and apartment hotels.

Chandigarh Attracting Realtors

The shift towards tier II cities like Chandigarh is benefiting realtors, with new malls promising job creation and variety for residents.

High rentals hit retail expansion plans

Rising real estate rentals are impacting retail expansion plans. Spencer Retail aims to open more stores, focusing on location due to rental costs.

Six Hotel Projects Shelved

Several small real estate firms are selling hotel projects due to a market slowdown and cash flow issues. Projects in Ahmedabad, Bangalore, Pune, Chandigarh, and NCR are on the block.

Indian Real Estate-Ever-Expanding Territories

India's real estate market experiences significant growth, with developers expanding investments into various property types, including residential and commercial projects across the nation.

Parsvnath Tied Up With Hotmail Co-founder

Parsvnath, Sabeer Bhatia partner for Rs 50,000-crore knowledge city in Haryana

Houses On Rent In Chandigarh

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.

UK property investors look to India

Indian real estate attracts British investors as UK market declines

Rental Prices Higher By 13% In Main Cities

Rental prices in key Indian industrial towns surge, with New Delhi experiencing a 13% increase in 2008, reflecting high demand and limited development space.

Indiabulls in discussion with leading global retailers

Indiabulls Group is negotiating with global retailers for a pan-India presence while expanding its real estate portfolio with new malls expected to open by 2009.