Embassy Developers plans to raise over 513 million US Dollars through an IPO, with pre-IPO placements and potential discounts for retail investors, according to their prospectus.
CREDAI warns that property prices may rise by 2.5% due to the new service tax implemented from July 1, 2010, which will ultimately burden buyers.
RICS India forms new boards and committees to enhance professionalism and transparency in Indian Real Estate
Realty sector and infrastructure firms like GMR and HCC are venturing into the education sector, aiming to capitalize on the growing education industry in India.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
A report from REIS indicates stability in India's commercial real estate market, suggesting advantageous leasing conditions for tenants in 2010.
CREDAI's Visakhapatnam chapter introduces a code of conduct aimed at mediating disputes between builders and buyers while ensuring adherence to established guidelines.
RE/MAX partners with Bhopal's Vision Advisory Services, marking its first foray into building a national real estate network in India.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
Tata Housing received the Best Developer award for CSR at the Cityscape Awards, highlighting its commitment to societal welfare and contributions to Indian real estate.
Analysis of the real estate sector reveals notable growth in office space demand, particularly in Bangalore, Mumbai, and Delhi, with mixed results in residential and retail markets.
DLF plans to raise Rs. 2700 cr. by selling non-core assets to reduce debt by 33% this financial year.
The real estate sector's growth has been significant, but challenges due to varying laws across states hinder a national presence for developers.
Senior housing is emerging as a promising real estate sector in India, driven by changing mindsets, financial independence, and a growing senior population.
CREDAI submits memorandum to Finance Ministry to remove service tax on under-construction housing complexes.
IDS NIREM launches a new PG Diploma in Commercial Real Estate to address the growing need for specialized real estate education in India.
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.
Mothercare partners with DLF to form a joint venture in India, aiming to expand its presence in the rapidly growing market.
India's real estate sector is set to thrive due to economic growth, with developers focusing on affordability and smaller apartments to attract buyers.
Retail space development in India lagged by 54% in 2008, with only 34 of 74 planned malls delivered. High vacancy rates and economic slowdown contributed to developers deferring projects.
Sahara Prime City engages construction firms for residential projects within Sahara City Homes, part of its 217-township initiative across India. Initial development focuses on 102 cities, including Lucknow, Nagpur, and Indore.
Parsvnath Developers postpones retail expansion due to economic slowdown, but SEZ stake sale to private equity investors nears finalization.
DLF Ltd has been awarded the prestigious Golden Peacock Award for excellence in corporate governance, reinforcing its commitment to high standards in governance.
Falcon Realty Services ventures into eco-friendly real estate development in India, focusing on 2-tier cities and integrated townships near industrial hubs.