TDI plans to invest ₹1,000 crore in affordable housing in NCR over the next three years, driven by renewed demand and successful recent sales.
Delhi NCR sees a significant drop in commercial real estate rentals as businesses shift from Gurgaon to more affordable locations, impacting transportation costs.
The demand for affordable housing is critical for India's middle income population, particularly in major metros like Delhi, Bangalore, Chennai, and Pune.
Office rentals in Gurgaon have skyrocketed, pushing companies to relocate to other cities like Delhi and seek furnished spaces at more affordable rates.
IREO to invest $500 million in Indian infrastructure projects, adding to its existing thirteen projects and planned IT SEZ in Pune.
Indian real estate firms are increasingly adopting technology and ERP solutions to enhance productivity and manage resources amidst a market slowdown.
Property prices in major Indian cities have surged, but new developments in areas like Rudrapur and Mohali show growth potential amidst a changing market landscape.
Indian property developers are offering massive discounts as the global finance crisis impacts the market. The incentives include free parking, fee exemptions, and paid stamps and registration costs.
GMR Group seeks bids for hotels near Delhi Airport, aiming for Rs 1,375 crore in security deposits. The 45-acre hospitality district project, delayed since 2008, features plots for budget to ultra-luxury hotels.
Provident Housing seeks to raise ₹750 crore from private equity to fund affordable housing projects across various Indian cities, expanding into a growing market segment.
Berggruen Holdings plans to invest over Rs 1,000 crore in India by 2012 to establish 3- and 4-star hotels. The company has secured funding from IDFC and is exploring additional funding options.
A Mumbai NBFC starts selling shares of a Delhi real estate firm, causing further decline in stock price.
SRK Group to invest Rs 5,000 crore over five years in India, targeting new cities for residential and commercial properties.
Rajasthan's new Guaranteed Land Title Act aims to enhance transparency in land deals, establishing permanent ownership rights for property buyers across 11 cities, starting with a pilot in Jaipur.
Jim Gainsford, a British expatriate, shares his experience of finding a home in Gurgaon, India. He emphasizes the need for better infrastructure in the area, including finished roads and traffic management.
Bhiwadi is emerging as a key industrial hub in NCR, drawing significant investor interest and increasing property values due to its strategic location and government initiatives.
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.
Unity Infraproject reports a 42% rise in profit after tax for FY2008, expands into 3 cities, and targets profitable growth.
Rising inflation and interest rates are slowing down property demand in India. A further interest rate hike could severely impact the real estate sector, except in Mumbai and Delhi where demand remains strong.
Three high-value housing deals totaling Rs 300 crore have been closed in Delhi's Golf Links area. GMR, an auto dealer, and Naresh Gujral are among the buyers.
ABS Hotels India is set to launch 'Smart Hotels' in eight cities, alongside expanding its Roop Hotels & Resorts brand, with significant investment plans.
Omaxe plans to invest Rs 8,000 crore in affordable housing over five years, with a goal to build 1 million low-cost houses across various states.
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.
Sistema, a Russian conglomerate, plans to invest up to $200 million in Indian commercial real estate and hospitality projects by year-end, focusing on office spaces and hotels in major metros.