DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects.
Tier-II and Tier-III cities in India are experiencing significant growth in residential real estate transactions, contrasting with the slowdown in major metros.
ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.
In 2009-10, banks showed mixed responses to lending in real estate, with ICICI reducing lending while others increased, impacting residential and commercial sectors differently.
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.
RBI's move to ease real estate lending has negatively impacted banking stocks, with BSE Bankex and Realty Index falling sharply.
Ansal Properties has unveiled a massive 2500-acre township, The Megapolis, in Uttar Pradesh, targeting expansive growth and extensive facilities despite current market slowdowns.
Kerala's real estate is attracting NRI investment, with a property expo in Doha showcasing township and residential projects. Driven by a growing IT sector and Gulf buyers, the market shows a strong upward trend.