Mothercare partners with DLF to form a joint venture in India, aiming to expand its presence in the rapidly growing market.
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 commercial real estate market is rebounding, driven by rising government revenues and an improving economy. This has led to increased investor inquiries and rental deals.
DLF abandons mall plan in Chennai due to recession, seeks residential project approval.
The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.
Debt-ridden DLF to sell land and wind power business to raise Rs 1,900 crore. Unitech reduces debt, both companies' shares rise.
DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.
Mumbai is emerging as a focal point for DLF and Unitech, as both firms work to revive halted projects along with affordable housing initiatives.
DLF's plans to buy out DE Shaw's investment in DLF Assets may face hurdles due to a FEMA rule classifying fixed-return equity investments as debt.
Major Indian real estate firms like DLF, Unitech, Omaxe, and Parsvnath are under pressure from buyers and investors who seek refunds due to delayed or stalled projects.
Retail space development in India lagged by 54% in 2008, with only 34 of 74 planned malls delivered. High vacancy rates and economic slowdown contributed to developers deferring projects.
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.
Public sector banks' interest rate cut for home loans up to Rs 20 lakh may induce some buying in the property market, but developers and experts believe it's not enough for a major boost.
Realty stocks surged as reports emerged that state-run banks will introduce special home loan plans under a government stimulus package, offering interest rates as low as 8.5%.
EWDPL to Acquire Malls from Cash-Strapped Builders, Eyes 50 Malls by 2012
Indian real estate companies resist government pressure to lower prices, citing high taxes and low demand. Developers believe reducing interest rates is key to reviving the market.
DLF seeks refund of Rs 235 crore license fees from Haryana government for various projects in Gurgaon to boost cash reserves.
Indian real estate firms target Middle Eastern diaspora for investment amid economic slowdown, with focus on infrastructure and key sectors in upcoming investment meets.
DLF Vice-chairman Rajiv Singh on portfolio gaps, interest rates, and market challenges
DLF-Hilton's joint venture faces regulatory delays for the Hilton Garden Inn project in New Delhi, but the partnership remains strong with 17 projects underway.
Fund-starved realtors may receive relief as banks consider lending on a case-by-case basis, especially for those with genuine liquidity issues. This follows PM Manmohan Singh's assurance and RBI's recent moves to provide liquidity.
The Indian real estate sector faces a potential 15-20% price correction over the next six months due to a severe credit crunch and demand slowdown. Banks and PE funds have tightened lending, leaving developers in a liquidity crunch.
DLF to sign franchisee agreement with Luxottica for retailing premium eyeware brands in India, opening over 100 Sunglass Hut stores in 5 years.
The real estate sector faced a significant decline in today’s stock market, with Unitech leading the fall with a 51% drop.
Realty stocks dipped 3.70% on Wednesday, led by Indiabulls Real Estate which plunged by over 11%. DLF also saw a decline amid weak market sentiments.