DDA simplifies lift installation in Delhi apartments, easing the burden on residents. No longer needing unanimous consent, most flat owners' approval suffices.
The RBI's decision to raise policy rates will adversely impact the real estate sector, increasing property costs. Experts express caution about market reactions.
RBI's interest rate hike impacts real estate, increasing construction costs and home loan rates. Developers face a cash crunch, while potential homebuyers confront rising borrowing expenses.
India's real estate prices expected to rise further as Finance Ministry retains 2.5% service tax on under-construction projects, impacting homebuyers.
Vijaya Bank aims to increase NRI business to ₹5,000 crore by 2011, focusing on Kerala, Karnataka, and Andhra Pradesh. The bank also plans to expand financial inclusion, mobile banking, and branch network.
The Planning Commission plans to introduce new schemes for real estate in its mid-term appraisal, aiming to prioritize affordable housing amidst sector challenges.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.
Government stimulus and RBI measures aim to revive the struggling Indian real estate sector. Interest rate cuts and priority sector lending for housing are expected to boost demand and ease the liquidity crunch faced by developers.
Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.
TDI Infrastructure aims to invest Rs300 crore in two residential townships in Indore and Meerut, launching them in the next six months and leveraging a mix of funding sources.
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.
Small builders in Lucknow face financial strain due to rising inflation, increased interest rates, and escalating construction costs, impacting project pricing and buyer interest.
India may ease foreign investment rules for hotel construction to address room shortages before the 2010 Commonwealth Games. This includes reducing minimum development area requirements and waiving lock-in periods and minimum investment criteria.
Chandigarh's thriving rental market, driven by increased demand from residents seeking affordable housing, offers a variety of options catering to diverse budgets and lifestyles.
Mahindra Lifespaces and B E Billimoria win bid for 25-acre residential project at Nagpur's MIHAN, forming a special purpose vehicle.
Emaar MGF is negotiating $800 million investments from Goldman Sachs, Deutsche Bank, and another investor in three SPVs, enhancing their development projects amid market challenges.
Haryana Urban Development Authority plans new sectors in 12 cities, offering residential plots and concessions for ex-servicemen, boosting infrastructure with hospitals and petrol pumps.
Parsvnath Developers launches Parsvnath Preston in Sonepat, aiming for Rs. 500 crore profit. The project offers 1200 units, with 500 in the first phase, spanning 2.2 million sq ft.
Ahmedabad's real estate market is booming, with property prices doubling in two years, attracting investors like NRIs. Increased demand due to new companies and town planning has fueled this rapid growth.