Supertech to deliver 8,460 apartments by December 2021, and 16,041 units by June 2023 in NCR region.
Mumbai residential buildings at high fire risk, with 90% violating safety guidelines in recent inspections.
Delhi-NCR housing sales rise 20% in H1, driven by affordable launches, with 37,000 units sold, despite overall market slowdown
Hines Realty from the US plans to enter India's residential market through joint ventures, focusing on mid-segment housing and possibly hotel projects in Delhi-NCR and Mumbai.
India's residential market nearing price correction due to weak home sales, forcing builders to cut prices, reports CBRE, with Mumbai, Chennai, Hyderabad, and Delhi experiencing significant sales drops.
According to CBRE, the Indian residential market saw significant price increases in 2009-2011, followed by stagnation in the latter half of 2011 due to multiple factors.
DDA's 2008 housing scheme in Vasant Kunj, South Delhi, remains largely unoccupied due to lack of basic amenities like water and electricity.
Real Estate Market to Witness 15-20% Price Correction Post-Monsoon