Indian real estate sees 3-year high in Q1 PE deals despite lower investment values
Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.
This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.
A prosecution witness in the 2G spectrum case testified that real estate firms were not barred from applying for UAS licenses, and Parsvnath Developers' application was rejected.
Realty leaders express disappointment over budget allocations for housing, calling for stronger support for affordable housing initiatives.
India's real estate industry hopeful for relief in Budget 2012, seeking industry status, tax revisions, and affordable housing incentives.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.