The Indian government's new retail FDI bill has been passed, offering hope to mall owners to fill vacant spaces as foreign retailers gain entry into the market.
Brand Capital has appointed Knight Frank India to oversee its INR5 billion real estate portfolio, marking a significant first for corporate asset management.
Emaar MGF Land launched Palm Hills, a mid-income housing project in Gurgaon's Sector 77. The project offers around 1250 units of 3BHK and 4BHK apartments, priced from Rs 48 lacs.
Real estate could trigger market corrections if large IPOs fail, says HDFC Chairman Deepak Parekh. Recent IPOs are overpriced and Indian realtors aim to raise significant funds.