Gurgaon real estate is booming with both commercial and residential properties, offering diverse options for investors and residents alike.
Raheja Developers to invest Rs 4,500 crore in developing an engineering SEZ in Gurgaon, aiming to generate jobs for 50,000 people and yearly exports worth Rs 1,000 crore.
A global real estate consultant warns that the US economic slowdown could reduce demand for IT/ITeS office space in Gurgaon and Noida in 2H08, impacting growth in Delhi NCR suburbs.
Mumbai is the top choice for logistics and warehousing investment, attracting $200 million. Smaller cities like Nagpur, Gurgaon, and Visakhapatnam are also emerging as promising logistics hubs.
India's logistics sector is projected to boom, reaching $385 billion by 2015. 110 logistics parks are expected by 2012, boosting industrial activity and real estate in tier-2 and tier-3 cities.
SRK Group to invest Rs 5,000 crore over five years in India, targeting new cities for residential and commercial properties.
Tata Housing enters the North Indian real estate market with Raisina Residency in Gurgaon, featuring luxury apartments designed by Aedas, aiming for significant developments nationwide.
Jim Gainsford, a British expatriate, shares his experience of finding a home in Gurgaon, India. He emphasizes the need for better infrastructure in the area, including finished roads and traffic management.
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.
Bhiwadi is emerging as a key industrial hub in NCR, drawing significant investor interest and increasing property values due to its strategic location and government initiatives.
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.
Textile mill and manufacturing unit closures create surplus industrial real estate, impacting rentals and demand in major industrial belts.
Emaar to invest $150 million in three Emaar MGF projects, marking the first major fund infusion since a failed IPO. This equity stake will be in separate SPVs developing retail and office properties in Gurgaon and Mohali.
Office rentals in Gurgaon declined by 8% in Q2 2008 due to increased supply and reduced demand. The report highlights preferred locations like MG Road, Golf Course Road, and DLF Cyber City. Noida remains an attractive option for IT/ITeS companies.
Reliance Industries faces land acquisition hurdles for its Haryana SEZs due to price disagreements with landowners, impacting the 25,000-acre project.
Indian real estate developers are increasingly recruiting B-school grads, offering competitive salaries and senior roles to enhance their professional image and meet growth demands.
RBI's interest rate hike may further slump real estate demand, leading to 5-15% price correction and delayed projects.
British investors seek higher profits in India's booming real estate market amid slowdown in UK property sector
JMD Real Estate plans Rs 200-300 crore public issue and private equity fundraising with Cushman & Wakefield valuation support.
BPTP Group paid Rs 1000 crore to Noida authorities as first installment for its 95-acre project, utilizing internal accruals and past PE investments. The remaining Rs 250 crore will be paid soon. BPTP outbid DLF and Omaxe for the project, facing a tight deadline due to funding challenges in the current real estate market.
Realty stocks are experiencing a significant decline due to market uncertainty, a slowdown in the real estate sector and rising input costs. Major players like DLF and Unitech have seen substantial drops in their share prices.
Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.
State-owned pharmaceutical companies are shifting focus to real estate development, leveraging their land holdings to build commercial complexes and IT parks. This move aims to generate revenue and meet social objectives without government assistance.
Indian real estate attracts British investors as UK market declines
Rental prices in key Indian industrial towns surge, with New Delhi experiencing a 13% increase in 2008, reflecting high demand and limited development space.