Indian builders showcase new projects at Kuwait Property Exhibition on January 11-12, targeting NRI homebuyers with properties from various cities and attractive investment opportunities.
Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.
Haryana CM Bhupinder Singh Hooda's relatives have extensive real estate dealings, raising concerns over close ties between politicians and real estate corporations amidst allegations of misconduct.
The Competition Commission of India (CCI) is probing five real estate firms, including DLF, for alleged anti-competitive practices, with DLF already facing a hefty fine.
Real estate sector signals recovery with new launches and investments by major players. Supertech, Ansal API, DLF, and Mantri Realty announce significant investments.
Adani Realty partners with M2K to launch Oyster Grande, a premium housing project in Gurgaon, with an estimated investment of Rs.1000-Crore
Global sports icons like Maria Sharapova and Michael Schumacher are endorsing real estate projects in India, aiming to attract high-end clientele and rejuvenate the market.
Gurgaon's real estate market saw a surge in new residential projects during the festive season, fueled by reduced interest rates. However, increased prices deterred some buyers, despite high demand and attractive payment schemes for investors.
Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.
Gurgaon farmers allege land grabbing by real estate developers with the consent of the Authority. They claim that government urbanization plans are meant to benefit developers, not farmers.
Labor shortages in Greater Noida, Noida, and Yamuna Expressway delay housing projects, impacting real estate builders and homebuyers. Government schemes like JNNURM and NREGA, while successful, are blamed for limiting labor migration.
Continued population growth in India creates a pressing need for additional housing, with major cities demanding over 2.1 million new units by 2016.
The Indian government dismissed inquiries into claims against Robert Vadra and DLF Ltd. Vadra denied accusations of using political power for illegal land deals. DLF shares fell sharply.
Delhi's real estate market faces challenges in 2012 due to competition from Gurgaon and Noida, offering better options and deals.
Gurgaon's real estate market is booming due to various factors such as proximity to Delhi, job opportunities, and industrial growth, making it an attractive investment option.
Suburbs are now preferred for real estate investment due to changing lifestyles and job availability. Gurgaon and Noida exemplify this trend, offering quieter, cleaner, and more relaxed environments.
Gurgaon's real estate market is booming due to job growth, MNC presence, and infrastructure development. Property rates are rising, with significant residential and commercial construction underway by major developers.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
Unitech has launched Gardens Galleria in Noida, marking an expansion of its retail and entertainment complex, featuring 230 retail outlets amidst a vibrant commercial landscape.
JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.
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.
This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.
Gurgaon's residential market sees a rise in property values amid slow project execution and supply shortages, yet investment sentiment remains strong due to improved job prospects.
CCI accuses DLF of unfair conditions on Magnolia home buyers in Gurgaon, echoing previous cases.