Despite 10-25% drop in property prices since 2008 and lower bank rates, homes remain unaffordable for India's growing middle class.
Demand for 2BHK residential apartments surges, driving developers to shift focus, with up to 60% of inventories now comprising two-bedroom units.
DLF Sells Out 2nd Phase of Residential Project in Delhi within 2 Hours at Up to Rs 1.86 Cr
Best Western India opens 13th operational property, 'Best Western Classic Avenue', a 60-room luxury hotel in Kerala, with plans to add 70 more rooms.
Mumbai Sees Rapid Residential Price Growth, Tops at Rs 97,842/sqft
India's real estate recovery, driven by residential segment, is surprisingly led by investors, not end-users, with many seeking to book profits this Diwali.
Recovery in realty market visible with rate cuts, attractive offers, and increased property registrations in major cities.
CREDAI reports growth in residential & commercial real estate sectors, driven by affordable housing & reduced home loan rates, with a 60% increase in March.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund
Medium-sized developers in India renegotiate joint development agreements due to 30% drop in land prices in the past 6 months, seeking more viable terms.
IT-BPO sector's recession woes force real estate developers to shelve projects, slash rentals, and renegotiate leases in India
PwC India Acquires ECS for ₹38-42 Crore, Expands Business Operations
Public sector banks' interest rate cut for home loans up to Rs 20 lakh may induce some buying in the property market, but developers and experts believe it's not enough for a major boost.
EWDPL to Acquire Malls from Cash-Strapped Builders, Eyes 50 Malls by 2012
Credai Orissa to reduce housing project prices by 5-10% in 2 months due to falling raw material prices.
A Middle Eastern developer predicts the Indian real estate market will reach $60 billion by 2010, highlighting opportunities, especially at Cityscape India 2008.
Unitech to raise ₹2,500 cr by Jan via asset sales, PE funds & debt transfer to mitigate ₹8,200 cr debt
Unitech to Sell 6 Hotel Projects to Reduce Expenditure
DLF Vice-chairman Rajiv Singh on portfolio gaps, interest rates, and market challenges
Indian real estate sector witnesses price drop due to economic slowdown, inflation, and liquidity crunch, making it a good time for home buyers.
Pune to become India's next metropolitan city, surpassing Ahmedabad, Lucknow, and Chandigarh in development pace, infrastructure, and real estate prices.
India's real estate market, with its high rental yields, attracts investments despite limitations. Real Estate Investment Trusts (REITs) could address these issues, providing access to capital and an exit route for developers.
Potential home buyers may find deals in April-May as developers face pressure to sell unsold stock at lower prices due to financial crunch.
HDFC Chairman Deepak Parekh on India's Real Estate: Long-term prospects look brighter driven by foreign investments, especially in commercial segments like healthcare, hospitality, and logistics.
Residential real estate slump spreads to tier-2, tier-3 cities, with 25% drop in housing demand due to higher borrowing costs.