The Indian real estate market is projected to significantly grow by 2040, driven by infrastructure developments and foreign investments, enhancing its profitability and demand.
Knight Frank India's report forecasts a stable year for India's real estate sector in 2022, with a 5% rise in housing prices and growing demand for office space.
Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.
Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.
Gujarat govt. announced 100% property tax exemption for hotels, restaurants, resorts, and water parks for FY2021-22, alongside revoking flat electricity bills, offering substantial relief to the hospitality sector.
Century Real Estate secures Rs 175 crore from PAG for luxury housing project in North Bangalore, aiming to accelerate construction and repay debts.
Life insurance giants like LIC, HDFC Life, ICICI Life, and SBI Life are set to boost infrastructure investment via InvITs and REITs, following IRDAI's approval.
India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.
The co-working sector in India is showing signs of recovery post-pandemic, with calls for government support and recognition to bolster growth.
New Delhi to see over 2.5 million sq. ft. of new commercial real estate in the coming quarters. Redevelopment of New Delhi Railway Station is also underway.
South Bangalore, particularly Kanakpura Road, sees high demand for new flats, especially among young professionals. East Bangalore also experiences strong demand, with areas like Whitefield and Electronic City attracting interest for 3BHK flats.
Investors Clinic, a Noida-based real estate consulting firm, is expanding to Mumbai, Bangalore, and Jaipur. Driven by strong growth in these markets, the company aims to triple its growth in 5 years by partnering with leading developers and leveraging its expertise.
India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.
The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.
Attapur, a new suburb in Hyderabad, is rapidly becoming a prime residential area due to its proximity to educational institutions and IT hubs.
The burgeoning commercial landscape in West Bangalore is driving residential expansion, transforming the area into a prime investment hub with promising growth projections.
Bangalore's lakeside property construction gets green light for pre-2016 approved projects, boosting real estate market and sparking new development plans.
Noida's real estate market is booming due to affordability, infrastructure, reputable developers, anti-forgery rules, and connectivity.
North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.
The growth of IT parks in Whitefield has led to a surge in demand for residential options, making it a sought-after area for professionals in Bangalore.
Hyderabad emerges as new investment hub for commercial property developers from Bengaluru, amidst city's real estate revival
Rajasthan's UDH approves first online building plans for commercial projects in Jaipur, marking a shift towards digitization and transparency.
Delhi-NCR's office space consumption increased by 39% to 2.4 million sq ft in H1 2016, driven by large deals. Overall office space consumption in 8 cities declined by 18%.
Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.