SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.
DLF announces special discount scheme for government and defence staff for purchasing residential units across various projects.
Developers offer 'monsoon discounts' to boost sales during lean season, with discounts ranging from 10-20% in cities heavily affected by monsoon.
Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.
Sayaji Hotels Ltd plans to invest Rupees 100 crore in Pune, expanding operations to include a sports club, restaurant, mall, and service apartments. The group also aims to grow in other cities like Bangalore, Chennai, and Gurgaon.
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
Siva Group acquires 13.88% stake in Chennai-based Arihant Foundations and Housing
Inno Real Estate launches its first self-developed residential project, GeoCity, a 131-acre township in Oragadam near Chennai, featuring 4,000 units and amenities.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
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.
Safexpress is set to invest Rs 600 crore to establish 32 logistics parks, aiming to double its warehousing to 10 million square feet and reach Rs 1,000 crore in revenue.
Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.
El Forge Ltd. is selling its Thuraipakkam land for ten crore rupees as part of a restructuring, aiming for substantial profit to improve its financial situation.
Shriram Properties and Career Launcher will open 25 Indus World Schools in townships across Bangalore, Chennai, Kolkata, and Visakhapatnam by 2010.
IFCI is expanding its real estate presence, launching three serviced apartment projects and partnering with Frasers Hospitality to manage a capital property.
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.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
DLF abandons mall plan in Chennai due to recession, seeks residential project approval.
New Delhi tops as India's most expensive city for expats, globally ranks 65th in cost of living.
Indian real estate firms are increasingly adopting technology and ERP solutions to enhance productivity and manage resources amidst a market slowdown.
PVP Ventures sells Vadapalani property to SRM for Rs 140 crore, plans to focus on core businesses
Malls in India see 16% vacancy rate as brands shift to high street stores due to viability, visibility, and branding issues.
Hirco shareholders clash over restructuring proposal involving the merger of two Hiranandani-owned real estate subsidiaries. The move faces opposition, with some investors concerned about the Hiranandani group gaining majority control.