Neharpar in Faridabad emerges as an attractive investment destination with affordable prices, drawing interest from buyers and developers alike.
The economic slowdown has led to significant price drops for homes in the National Capital Region, creating a buying opportunity despite project delays from developers.
Mahindra and Mahindra declares no slowdown in its real estate ventures despite a general demand slump. Key cities like Jaipur, Chennai, and Faridabad are noted for strong performance.
Ginger Hotels plans to open 60-70 properties across India in the next few years, focusing on refurbishing existing hotels and expanding its business model.
SRS Group to invest ₹1,000 crore in 3 years, launch IPO by fiscal year-end. Plans include a 5-star hotel, IT park, residential complex, retail expansion, and new cinema screens.
Real estate developers are offering incentives like "No EMI till possession" and "EMI holidays" to boost sales amid a sluggish market. These offers aim to attract end-users by easing the financial burden until project completion.
Citibank's Property Investment unit invests $160 million in BPTP's SPV, acquiring a 40% stake to develop four SEZs in NCR, signaling strong investor confidence.
Realty giants are embracing the affordable housing sector, launching low-cost residential projects targeting small and mid-income buyers in various Indian cities.