Private equity (PE) firms, once major real estate investors, now seek exits due to low returns. Over-optimism and soaring valuations have led to challenges, prompting caution.
Noida Extension's approval brings mixed reactions. Buyers face booking uncertainties, builders grapple with rising costs, farmers claim underpayment, and environmentalists raise concerns about water depletion.
RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.
Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.
CREDAI criticizes BDA's redefined "apartment" and "group housing," citing vagueness and potential harassment for homeowners in Bhubaneswar.
A developer warns against misleading real estate reports, emphasizing the rising input costs. However, opting to rent may be a smarter financial decision.
Realty Plus Excellence Awards 2012 series concludes on March 21, celebrating key contributors to North India's real estate sector.
Real estate experts express concerns as political shifts may favor Lucknow over Noida, impacting land acquisition and development in Uttar Pradesh.
Supreme Court's decision on Greater Noida land case sends shockwaves among buyers and developers. Future of over 6,000 buyers uncertain as projects are halted.
Mumbai's BMC has proposed an amended parking lots policy to the state government, which could bring several hundred crores annually by sharing profits with developers.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
RBI's interest rate hike impacts real estate, increasing construction costs and home loan rates. Developers face a cash crunch, while potential homebuyers confront rising borrowing expenses.
HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
Gitanjali Gems Ltd is launching a high-end residential project in Borivli, Mumbai, with two towers spread over 400,000 sq ft. The project is expected to generate revenue of 400 cr.
India's real estate market booms driven by rising upper middle class demanding better lifestyles, comfort, and amenities in residential and commercial sectors.
3D floor plans aid in saving time and money for developers, enhancing project visualization for both builders and buyers, and attracting lenders.
The revised Direct Tax Code draft released on June 15 aims to simplify income tax laws, affecting short-term and long-term capital gains, rental income, and home loan interest rates.
Delhi Govt cracks down on illegal constructions, targets unauthorized colonies and vows to punish both guilty parties and negligent officials.
The Competition Commission of India is addressing malpractices in real estate, focusing on misleading advertisements and consumer complaints against developers.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.
Tata Housing received the Best Developer award for CSR at the Cityscape Awards, highlighting its commitment to societal welfare and contributions to Indian real estate.
DLF plans to raise Rs. 2700 cr. by selling non-core assets to reduce debt by 33% this financial year.
The real estate sector's growth has been significant, but challenges due to varying laws across states hinder a national presence for developers.
Godrej Group plans to release a prime 35-acre parcel in Vikhroli by year-end, making it one of the largest unencumbered realty releases in recent years.
New real estate bill aims to protect homebuyers by regulating developers, ensuring project legitimacy and transparency through mandatory registration and approvals.