Indian real estate developers prepare to issue asset-backed bonds utilizing rental income from offices and shopping malls.
L&T secures a Rs 1,337 crore contract from DLF for 'The Crest,' a new residential project in Gurgaon, featuring 765 units with 250 already sold.
Hines Realty from the US plans to enter India's residential market through joint ventures, focusing on mid-segment housing and possibly hotel projects in Delhi-NCR and Mumbai.
DLF to raise ₹2000 Cr by selling 81 million shares through institutional placement program to reduce debt and meet SEBI's public shareholding guidelines.
The Reserve Bank of India cut the repo rate by 0.25%, a move welcomed by realtors but deemed insufficient by some developers who believe a larger cut is needed to significantly impact the real estate sector.
Developers in Mumbai are slashing prices for new launches by up to 15% to stimulate home sales amid sluggish market conditions, aiming to attract buyers.
DLF to raise Rs.2100 Cr via Institutional Placement Program to reduce debt and meet SEBI's 25% public shareholding norm.
HDFC Ltd hosts 2-day property fair in Muscat for NRIs to invest in Indian properties, featuring 32 top developers and properties worth Rs.20 lakh to Rs.10 Cr.
CCI Frames New Buyer-Developer Agreement for Fair Real Estate Sales
Real estate shares are under significant selling pressure due to high inflation and interest rates, with notable declines across major companies like DLF and Unitech.
DLF, India's largest real estate company, plans to reinvest in Delhi's real estate market after selling its stake in Aman Resorts. This move aims to reduce debt and refocus on core business, with new projects expected within four months.
Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.
Haryana CM Bhupinder Singh Hooda's relatives have extensive real estate dealings, raising concerns over close ties between politicians and real estate corporations amidst allegations of misconduct.
India's new Land Acquisition Bill mandates landowner consent, impacting residential prices. Real estate experts predict rising housing costs due to increased compensation and project complexities.
The Competition Commission of India (CCI) is probing five real estate firms, including DLF, for alleged anti-competitive practices, with DLF already facing a hefty fine.
Real estate sector signals recovery with new launches and investments by major players. Supertech, Ansal API, DLF, and Mantri Realty announce significant investments.
Robert Vadra Cleared in Real Estate Land Scam, PMO Declares Him Innocent.
Gammon India, grappling with financial losses and a substantial debt of Rs. 3200 Crore, is monetizing real estate assets due to high financing costs. The company looks to reduce debt.
Demand for luxury homes in India is surging, driven by NRIs, evolving lifestyles, and festive offers. Major cities see high demand for homes exceeding ₹20 crore, prompting developers to launch luxury projects.
Arvind Kejiriwal launched his political party, India Against Corruption, on October 2, 2012, aiming to combat corruption in Indian politics and attract public support.
Nitin Gadkari and Purti Group face allegations of a real estate scam involving farmers' land. Arvind Kejriwal, leader of India Against Corruption (IAC), accuses Gadkari of wrongdoing.
The Indian government dismissed inquiries into claims against Robert Vadra and DLF Ltd. Vadra denied accusations of using political power for illegal land deals. DLF shares fell sharply.
Robert Vadra's real estate empire, built with soft loans from DLF, faces accusations of irregularities, sparking questions about his business dealings.
Gurgaon's real estate market is booming due to various factors such as proximity to Delhi, job opportunities, and industrial growth, making it an attractive investment option.
Gurgaon's real estate market is booming due to job growth, MNC presence, and infrastructure development. Property rates are rising, with significant residential and commercial construction underway by major developers.