SRK Group to invest Rs 5,000 crore over five years in India, targeting new cities for residential and commercial properties.
The commercial real estate market faced challenges in Q2 2008, with stagnant office demand amid cautious company expansions, according to Cushman & Wakefield's report.
India's commercial real estate sector is experiencing a slowdown due to the general economic downturn, impacting demand and rental values across major cities.
ITC to invest in new hotels in Chennai, Kolkata, Ahmedabad, Hyderabad, and Delhi, with estimated investments over Rs 4000 crore this year and next.
India's retail scene is thriving, with a rise in organized retailing and malls, while high street shops also maintain their appeal, showcasing a complementary growth strategy.
The Madras High Court has halted DLF's shopping mall construction in Chennai, ordering the removal of temporary structures after concerns from local residents.
NBCC, a Government of India undertaking, is in final-stage talks to develop real estate in Dubai and Saudi Arabia. This marks the first time an Indian government entity would develop realty projects abroad.
Ascendas is poised to acquire a 6.18-acre site in Chennai, with expectations of a deal worth around Rs 220 crore, pending approval for increased floor space index.
DLF Ltd plans to develop eight shopping malls in metros this financial year, focusing on leasing commercial spaces.
Chennai's real estate market is experiencing growth, with builders focusing on apartment projects. Luxury amenities and infrastructure are driving demand, making Chennai an attractive option for homebuyers.
Government policies are pushing for green buildings in Asian real estate markets. Driven by regulations, incentives, and market changes, green building growth is influenced by corporate social responsibility and tenant preferences.
Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.
State-owned pharmaceutical companies are shifting focus to real estate development, leveraging their land holdings to build commercial complexes and IT parks. This move aims to generate revenue and meet social objectives without government assistance.
Kult Infotech launches ValuePROPS.com, an innovative online real estate platform in India, offering multilingual support and extensive resources for buyers and sellers.
Real Estate TV appoints Prem Kumar Menon as CEO and A. Nair as News Head. Menon brings 27 years of media experience, while Nair joins from Indian Express Group.
Milestone Capital Advisors plans to raise Rs 10 billion for investments in real estate projects across tier-II and tier-III cities in Tamil Nadu, focusing on affordable housing.
DAMAC Properties expands its reach in India by appointing local agents in Gujarat to market international properties to Indian buyers and explore investment options in major Indian cities.
Real estate markets experiencing significant price drops across major Indian cities, with residential values declining in metros.
Global architects are entering the booming Indian real estate market. Renowned firms like Foster + Partners and HOK are collaborating with Indian developers on large-scale projects, signaling a new era of design and development.
Puravankara Projects recommends 40% final dividend, operates across multiple Indian cities and international locations
Mahindra Lifespace Developers Ltd may explore private equity funding for future projects but has no current plans to dilute its stake, according to Vice-Chairman Arun Nanda.
Unitech Ltd is set to launch 1,200 sq ft homes in Greater Noida, while also developing the NKID project near Kolkata in collaboration with Salim Group and Universal Success.
NRI-backed Dewa Projects to construct a Rs. 3,000 crore super luxury apartment complex in Kochi by 2011, featuring six towers, 400 apartments, and high-end fittings.
Vacancy rates are rising in Bangalore and Chennai's tech hubs as IT companies seek new locations, causing concern for real estate developers.
ARCH Capital and Mahindra Group form a JV to develop a 750-unit residential community in Chennai's Mahindra World City, marking Ayala's first major Indian real estate investment.