News articles tagged Economy Of India

Ban on registering the Unapproved plots in Tamil Nadu

The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.

Gudi Padwa, a positive occasion for Pune’s low Real estate

Pune's residential real estate market witnesses growth with new launches and stable prices, expecting a boost during Gudi Padwa

Regular efforts for affordable housing for all

The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.

Anand Rathi and Knight Frank Eye the Second Realty Fund

Anand Rathi Financial Services and Knight Frank India plan to launch a Rs 500 crore real estate fund focused on commercial assets in tier I Indian cities.

India: ICICI Bank eyes growth after strong Q4

ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.

Sahara, ICICI, Bhushan Steel in race to buy Parsvnath's Connaught Place land.

Parsvnath Developers is selling its prime 1.18-acre land near Connaught Place, with potential buyers including Sahara Group and ICICI Bank aiming for a deal worth Rs 700 crore.

Piramal Realty Acquires Gulita For 452 Cr From HUL.

Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.

HUL sells leasehold rights for Mumbai property

HUL sells Mumbai property to Piramal Realty for Rs 452.5 crore. The deal includes fixed and variable components and was brokered by JLL India.

Real Estate Sector: A look at urban investments in Mumbai.

Urbanization is crucial for India's growth, but infrastructure development lags behind the rapid rise in urban population and real estate stock, necessitating urgent investment.

Study says that MNCs surpass Indian firms in office space uptake.

Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.

ICICI Bank and Sahara eye Parsvnath's prime land in Delhi.

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.

Chennai leads Indian Realty Sector.

India's property market to attract $3 billion from overseas buyers, despite high prices, driven by robust economy and growing middle-class population.

Realty Sector in Disappointment

Budget 2012-13 proposes external commercial borrowing for affordable housing, a Credit Guarantee Trust Fund, and increased Rural Housing Fund provisions. Real estate players express disappointment, citing increased costs from the cement industry tax and service tax hike.