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.
Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.
Indore's real estate market sees builders offering significant discounts and freebies to stimulate demand and attract buyers amid ongoing downturns.
SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
Provogue India ventures into real estate with a 300,000 sq. ft. project in Aurangabad, combining residential and mall spaces. This move mirrors similar ventures by other textile companies.
Sahara Prime City aims to raise Rs 3,450 crore from an IPO to fund development of nineteen thousand housing units and 16 integrated townships.
Shriram Properties and Career Launcher will open 25 Indus World Schools in townships across Bangalore, Chennai, Kolkata, and Visakhapatnam by 2010.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund
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.
PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.
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.
Sahara Prime City announces a mega township project in Coimbatore, featuring nearly four thousand new homes including apartments, houses, and bungalows.
Parsvnath Developers Limited announces the launch of Parsvnath Premier, a residential project in Indore, offering 300 units with leisure activities. The company also aims to develop an SEZ and an integrated township in Ujjain.
Foreign investment in India's real estate grows, despite recent regulatory challenges. Investors eyeing second-tier cities for deals. Minimum project area, capitalization, and time constraints are highlighted.
Mumbai suburbs to see 10-20% property price drop by March 2009, Jones Lang LaSalle Meghraj predicts, citing excess supply beyond Borivali, Thane, and Navi Mumbai.
Suncity Projects announces plans to develop four retail cities in India by 2011, with an investment of Rs 2,000 crore.
Amarpali Group, led by MD Mr. Anil Kr. Sharma, has successfully ventured into SEZs with international-class 4-5-star hospitality projects in multiple cities.
Indore's real estate innovation: Silver-springs project attracts FDI, features themed enclaves and exclusive defense housing.
Country Club India expands to 44 clubs, plans 100 crore investment in Gujarat and Madhya Pradesh, and acquires Dubai property.
New airports in India will become business hubs with office, hospitality, and retail spaces, boosting real estate and attracting MNCs.
Nirmal Lifestyle plans to invest $5 billion in developing five townships in India, aiming for significant returns while targeting the affordable housing market.
Sayaji Hotels Ltd has greenlighted a Rs. 20 crores investment for a 175-room budget hotel in Indore, operated by its subsidiary Malwa Hospitality Pvt Ltd.
Amrapali Group plans to invest Rs 600 crore in various hotel projects across India, with a mix of budget and luxury accommodations in key cities.
Suncity Projects plans to invest ₹15,000 crore in developing 'Jewel of India' mega-malls across six cities, featuring unique ethnic product spaces.