Madhur Bajaj, vice chairman of Bajaj Auto, plans to sell a significant portion of his land holdings under Emerald Acres, citing no interest in real estate development.
Maytas Properties aims to secure liquidity through potential partnerships, as negotiations with lenders and developers progress, according to Government-appointed Director Ved Jain.
The real estate market is experiencing a revival, with increased demand leading developers, including DLF, to raise project prices, benefiting both buyers and sellers.
India's real estate sector is set to thrive due to economic growth, with developers focusing on affordability and smaller apartments to attract buyers.
The ongoing recession is prompting changes in real estate, with consumers becoming cautious and developers focusing on affordable housing for middle-class buyers.
Indian banks urge property developers to halt price increases to sustain market recovery. Developers' short-sighted price hikes could deter buyers and stall the fragile housing market rebound.
Mumbai flat prices predicted to drop further, brokers advise waiting. Developers disagree, stating prices have stabilized after a 5-20% decrease.
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.
Government stimulus and RBI measures aim to revive the struggling Indian real estate sector. Interest rate cuts and priority sector lending for housing are expected to boost demand and ease the liquidity crunch faced by developers.
RBI's stricter loan restructuring norms for real estate developers are pressuring builders to reduce property prices or face funding shortages. This move aims to address rising NPAs and revive the struggling real estate sector.
Rising property prices and interest rates have led to reduced affordability in residential properties, prompting developers to introduce various incentives and innovative schemes to boost sales.
HDFC and its asset management unit have over $1 billion in property funds to buy distressed real estate projects during the current downturn.
Indian real estate developers halt land acquisitions amid market downturn, rising interest rates, and funding challenges. Tepid sales and cash crunches force project delays and potential distress sales.
Real estate companies in India are facing challenges with rising costs and sluggish demand, raising concerns over financing transparency compared to their Chinese counterparts.
Housing finance is under pressure as banks increase developers' contribution limits amid rising rates and an uncertain economy, impacting real estate investments.
HDFC chairman criticizes developers for not differentiating between super built-up and carpet area, misleading buyers. Industry experts discuss varying building bylaws and the unavoidable inclusion of FSI-free areas in property pricing.
The Indian property market is experiencing a consolidation phase as liquidity issues lead mid-sized developers to sell off properties and attract investors.
A report reveals a staggering 400% increase in commercial property loan defaults over the past year, highlighting the struggles of smaller investors amid financial challenges.
Developers in India are projected to invest $5 - 10 billion in retail space, with several major projects announced in Mumbai, Hyderabad, and Bhopal.
The real estate sector is evolving, with a new trend of using celebrity names to brand properties, attracting high-end clients but possibly alienating the middle class.
Real estate speculation declines in Delhi-NCR due to price stabilization, impacting developer sales and project timelines.