Godrej Properties Ltd has acquired a 46-acre plot in Indore for residential development, enhancing its presence in the growing real estate market of the city.
India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.
The Urban Land Institute's Annual Conference in Mumbai will address urban development challenges, featuring prominent leaders sharing insights on various real estate issues.
Mumbai's property tax remains unchanged for the fiscal year 2024, providing relief to homeowners amidst ongoing financial challenges, according to the state cabinet's recent decision.
Explore the pros and cons of renting a 2-BHK fully furnished flat in Gurgaon, along with the necessary steps for lease agreements and registration.
Jaypee Group's founder, Jaiprakash Gaur, transformed the construction industry but faced setbacks in real estate leading to over 20,000 dissatisfied home buyers struggling for their completed homes.
The Indian real estate market is projected to significantly grow by 2040, driven by infrastructure developments and foreign investments, enhancing its profitability and demand.
Maharashtra plans to issue property cards to apartment owners in MahaRERA-registered projects. These cards will detail carpet area, utilities, loan info, and land extract.
Yamuna Expressway Authority's residential plot scheme near Jewar Airport received over 13,888 applications for 416 plots, indicating high demand. The scheme offers plots ranging from 120 to 4000 square meters.
Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.
Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.
Faridabad is transforming into a smart city with plans for improved infrastructure, new residential projects, and affordable housing options, enhancing its appeal against Gurgaon.
PE investments in Indian office spaces doubled in the first three quarters of 2013, despite a slow realty market. Bangalore attracted the most investments, while housing saw a decline.
Indian real estate deliveries face significant delays in 2013, impacting homebuyers. NCR lags behind, while Pune and Mumbai show better performance. Factors such as capital shortage, over-leveraging, and land availability contribute to the slowdown.
The DDA has issued new norms to its officials to address concerns over its wrong address policy and alleged corruption in flats allotment, including forensic verification of documents.
The Central Government is set to relax FDI norms for the real estate sector, which includes reducing the lock-in period and minimum capitalization to attract investments and make housing more affordable.
Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.
Delayed clearances for new buildings are hiking property prices in India by up to 40%, according to the Economic Survey 2013. This issue, along with higher land prices and stamp duty charges, poses challenges for the real estate sector.
TVS Motors launches its first residential project, Green Hills, in Chennai, marking its entry into the real estate sector.
India's new Land Acquisition Bill mandates landowner consent, impacting residential prices. Real estate experts predict rising housing costs due to increased compensation and project complexities.
PropertyWala.com won the "Best Website of the Year 2012" award for the third time, recognized for its design, content, and navigation. The platform provides free services for buying, selling, and renting properties.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
An agreement between a committee and officials expedites compensation payments to farmers in Patwari, safeguarding thousands of homes and increasing land rates significantly.
The Greater Noida Industrial Development Authority (GNIDA) is in talks with Patwari village farmers to resolve a land acquisition dispute impacting 1 lakh houses in Noida Extension. Farmers demand increased compensation, rejecting the current offer.