Leading real estate companies see sharp declines in advance tax payments amid economic slowdown, highlighting industry challenges and liquidity issues.
India's IT hubs face oversupply of office space, leading to potential high vacancy rates and financing difficulties for builders.
Lehman Brothers' bankruptcy may cost Indian real estate $1 billion, impacting investments in firms like DLF and Unitech, and exacerbating the credit crisis for Indian developers.
Residential real estate slump spreads to tier-2, tier-3 cities, with 25% drop in housing demand due to higher borrowing costs.
DLF threatens to withdraw from the ₹33,000 crore Dankuni township project in West Bengal due to land acquisition delays and lack of progress, posing another challenge for the state government alongside the Singur issue.
DLF continues to excel in the Indian real estate market, shifting focus towards mid-income housing and commercial projects while maintaining impressive growth metrics.
Leading hotel chains and top developers are bidding for Dawnay Day's Ten Hotels and other assets in India, valued at Rs 500-700 crore. ITC, Royal Orchid, Pride Hotels, Sarovar, Lemon Tree, DLF, and Paraswanath among contenders.
NRI investment in Indian real estate is booming, driven by strong remittances and the market's stability. Major developers are witnessing a significant increase in NRI sales, particularly in cities like Mumbai, Ahmedabad, and Goa.
Delhi Development Authority (DDA) plans to redevelop 30 slum clusters with private developers, offering higher FAR for increased profitability, similar to Mumbai's successful projects.
Kolkata's real estate market witnesses a decline in developer interest as a prime 10-acre plot tender gets scrapped due to only one bidder.
Ambala in Haryana is seeing a rise in real estate activity with new housing schemes and commercial projects, driven by major developers eyeing expansion in the area.
Indian developers diversify into hospitality due to low real estate margins, high lending rates, and strict financing norms.
Indian real estate faces uncertainty amidst global slowdown and high property prices, impacting developers and investors, though robust demand persists.
A slowdown in real estate is observed, with residential transactions down 20-25%, while Mumbai experiences high demand despite challenges from rising interest rates and inflation.
Unitech raises $300mn from international fund to support residential projects amidst liquidity crunch
The Madras High Court has halted DLF's shopping mall construction in Chennai, ordering the removal of temporary structures after concerns from local residents.
Real estate stocks have plummeted, with the BSE Realty Index down 68.5% in 2008. DLF announced a buyback, while analysts predict further decline due to slowdowns, rising input costs, and high interest rates.
DLF to set up Rs 800cr VC fund for construction, equipment management
DLF announces Rs 500 crore share buyback amid significant market cap loss, aiming to stabilize investor sentiment
Indian real estate developers are increasingly recruiting B-school grads, offering competitive salaries and senior roles to enhance their professional image and meet growth demands.
DLF, India's largest real estate company, plans a share buyback as its stock price hits an all-time low. The move aims to reassure shareholders and stabilize the declining stock value.
DLF and Jaypee secure large land parcels near Greater Noida through Taj Expressway Industrial Development Authority's scheme
Unitech scraps $600M REIT listing in Singapore, shifts focus to private equity funding for real estate projects.
Indiabulls Properties Investment Trust debuts on Singapore Exchange with uninspiring opening, closing 10% below issue price
Leading real estate developers, including DLF and Omaxe, are collaborating with the Punjab government to deliver affordable housing solutions costing under one lakh rupees each.