GMR Infrastructure reports Q4 net loss of Rs 1,006.7 crore due to one-time loss from InterGen NV dissociation and Delhi airport losses.
Around 660 IAS officers failed to submit property statements, revealing Greater Noida as a preferred investment hub. Several officers possess multiple properties, while some haven't disclosed current market values.
DLF to Sell IT Parks, Hotel Business to Reduce Debt by 7,000 Crore
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Noida, Greater Noida, and Yamuna Expressway authorities increase land rates by 12.5% and announce new metro rail projects.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.
DDA directs demolition of 17 illegal flats in Games Village; Completion certificate in progress for Emaar MGF project.
Mumbai witnesses luxury transactions, Pune's new project gains traction, and Delhi's prime plot sold for redevelopment, showcasing dynamic real estate movement across major cities.
Govt approves 21 FDI proposals worth ₹1,027cr, including ACB India & Oriental Tollways
Rising real estate rates in Mumbai and other metropolitan cities have led to an increase in rental values, up to 11% in Mumbai. South Mumbai saw a drop, but suburbs experienced significant growth.
Over 16,000 people in Delhi rejoice as they get allotted flats through DDA's housing scheme, ending their years-long wait for homeownership.
DLF Brands expands into fashion retail through a partnership with Mango and the launch of a new multi-brand showroom chain in India.
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
Delhi Municipal Corporation plans to increase property tax rates following the Delhi government's circle rate hike. Experts predict a potential 2:1 ratio of impact, implying a 100% property tax increase for a 200% circle rate rise. However, the tax revision might be less substantial in areas with smaller circle rate increases.
Delhi Govt cracks down on illegal constructions, targets unauthorized colonies and vows to punish both guilty parties and negligent officials.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
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.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
Analysis of the real estate sector reveals notable growth in office space demand, particularly in Bangalore, Mumbai, and Delhi, with mixed results in residential and retail markets.
A recent survey reveals that 34% of potential homebuyers prefer NCR-Delhi, followed by Mumbai, indicating a shift towards end-user driven real estate investment.
Delhi's Commonwealth Games Village, a partnership between Emaar MGF and DDA, features 34 towers with 1168 flats, eco-friendly features, and state-of-the-art amenities. Post-games plans are uncertain amidst environmental concerns regarding its impact on the Yamuna River.
The Indian hospitality sector is witnessing a surge in global investment, with numerous hotel chains planning expansion amid a significant demand-supply gap in accommodation.
DDA awards Delhi's 1st slum redevelopment project to Raheja Developers, worth Rs 500 crore, aiming to improve living conditions for urban poor and generating substantial business for builders.
Delhi's real estate is booming due to increasing demand from students, tourists, and businesses. Factors like location and accessibility influence property prices, with areas near landmarks and transport hubs being highly sought after.