Vasundhara Enclave in Delhi-NCR has the potential to attract end-users but is facing weak demand for housing units. Property prices are stable with low demand.
Vacancy rates in Indian shopping malls are on the rise, particularly in Delhi-NCR and Mumbai. Experts attribute this to an oversupply and mismatch with demand.
The Delhi-NCR region is considering mandatory green norms for plot development to ensure eco-friendly construction practices among homeowners.
CREDAI NCR aims to regulate property dealers and boost home sales by mandating disclosure of saleable and carpet areas in brochures, introducing lock-in periods for resale, and imposing higher transfer charges.
Bangalore and Mumbai dominate private equity real estate investments in India, attracting over 84% of total funding, while Delhi's contributions remain primarily theoretical.
Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.
Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.
Indian builders showcase new projects at Kuwait Property Exhibition on January 11-12, targeting NRI homebuyers with properties from various cities and attractive investment opportunities.
Indian real estate anticipates recovery from a slow 2012, fueled by retail FDI policy. Increased demand for retail spaces is expected to drive construction and boost commercial real estate.
Adani Realty partners with M2K to launch Oyster Grande, a premium housing project in Gurgaon, with an estimated investment of Rs.1000-Crore
Ulwe in Mumbai projected for a 145% price hike, making it a top real estate investment destination along with other cities like Pune, Bangalore and Delhi-NCR.
Commercial real estate demand rebounded in India during Q3 2012. Bangalore led office space absorption, followed by Hyderabad and Mumbai. Rental markets remained stable.
ASK Property Investment Advisors plans to invest in Indian real estate projects via its new offshore fund, committing $40 million initially.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.
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.
Commercial real estate demand surges as recession ends, with 9.2 million sq ft leased in three months, up from 5.8 million sq ft in 2009.
Rajiv Gandhi Realty Excellence Awards 2010 honors top developers for affordable housing
The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.
Zuri Group Global will invest ₹1200 crore in luxury residential properties and business hotels across India over three years.
Delhi NCR sees a significant drop in commercial real estate rentals as businesses shift from Gurgaon to more affordable locations, impacting transportation costs.
Atria group plans to expand its Indian hospitality sector portfolio with 1500 new rooms across multiple cities, including the launch of Atria Grand in 2009.
A global real estate consultant warns that the US economic slowdown could reduce demand for IT/ITeS office space in Gurgaon and Noida in 2H08, impacting growth in Delhi NCR suburbs.
Rising interest rates and new DDA flats are causing panic among real estate investors in Delhi NCR. Investors are selling back to developers or pushing for quick sales, while experts advise end-users to wait for potential price corrections post-festive season.
A slowdown in real estate is observed, with residential transactions down 20-25%, while Mumbai experiences high demand despite challenges from rising interest rates and inflation.
Office rentals in Gurgaon declined by 8% in Q2 2008 due to increased supply and reduced demand. The report highlights preferred locations like MG Road, Golf Course Road, and DLF Cyber City. Noida remains an attractive option for IT/ITeS companies.