JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Ghaziabad traders protested against proposed house tax hikes, emphasizing that tax policies should be distinctly categorized as either residential or commercial.
Amrapali Group plans to invest Rs.15,000 crore over five years for various projects, including a new 400-unit housing initiative in Ghaziabad.
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.
Real estate companies are promoting 2-bedroom apartments for around Rs 20 lakh to revitalize the housing market, leveraging lower home loan interest rates. However, buyers should be wary of hidden costs and remote locations.
Saviour Group to launch eco-friendly project Greenisle on NH-24, Ghaziabad, promising India's best evergreen real estate development.
Ansal Properties and Infrastructure Ltd. plans to establish SEZs in Greater Noida, Haryana, and Rajasthan, alongside residential and commercial projects in various North Indian cities.
Rising interest rates and new DDA flats are causing panic among real estate investors in Delhi NCR. Investors are selling back to developers or pushing for quick sales, while experts advise end-users to wait for potential price corrections post-festive season.
The Indian real estate sector is booming, attracting significant investments and driving development in metropolitan and surrounding areas, despite challenges related to regulation and land issues.
Demand for one-bedroom flats in Delhi-NCR outstrips supply as builders favor larger, more expensive units, impacting affordability for many.
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.
The UP government will regularize 208 illegal colonies in Ghaziabad, taking inspiration from Jaipur's policy, to facilitate development and streamline administrative processes.
Ansal Housing launches Ansals Tanushree group housing project in Ghaziabad, offering 2- and 3-BHK apartments ranging from ₹29-40 lakh.
National Highway-24 (NH-24) is attracting significant real estate investment due to rising housing costs in key Uttar Pradesh cities. The area offers affordable housing options and has witnessed the development of several townships, boosted by its proximity to Delhi and improved infrastructure.