A consortium led by Boney Kapoor wins bid to build 230-acre Noida Film City, featuring a film university, cinema museum, and helipad, near Noida International Airport.
Mumbai's real estate is transforming with the rise of micro-markets like Dombivali and Thane. These areas offer unique opportunities, catering to specific demographics and lifestyle needs, driven by improved connectivity and infrastructure.
The Urban Land Institute's Annual Conference in Mumbai will address urban development challenges, featuring prominent leaders sharing insights on various real estate issues.
The New Year begins with the consecration ceremony of the Ram Lalla idol at Ayodhya's Ram Janmabhoomi. The event will witness nationwide celebrations and religious euphoria. Despite political disagreements, the historical and cultural significance of the Ayodhya Ram Mandir will bring millions of devotees together.
The supply of commercial real estate in India's major Tier-1 cities increased by 7% in Q3 2023, reaching 14.61 million square feet. Hyderabad and Bengaluru led the growth.
The High Court reviewed a rejected petition regarding land acquisition for National Highway No. 29, determining compensation amounts and land ownership structures.
The Indian real estate market is projected to significantly grow by 2040, driven by infrastructure developments and foreign investments, enhancing its profitability and demand.
Life insurance giants like LIC, HDFC Life, ICICI Life, and SBI Life are set to boost infrastructure investment via InvITs and REITs, following IRDAI's approval.
Gaurs Group invests ₹2,123 crore in three stalled Amrapali projects, encompassing 10,900 apartments, marking a diversification into infrastructure.
Farmers in Katihar to get land registration information with a click thanks to the ETS machine simplifying land measuring tasks.
The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.
Bhubaneswar will soon host a World Trade Center, enhancing its smart city project with significant commercial and hotel developments in the area.
Final guidelines for Real Estate Investment Trusts (REITs) are expected soon, aiming to provide the real estate sector with long-term funding and boost investment opportunities.
Zydex Technologies plans to build 20,000 km of moisture-resistant green roads in India by 2016 using their patented nanotechnology. This innovative technique aims to offer pothole-free roads requiring no maintenance for 15 years and can save the government significant funds.
Asian Development Bank plans Asia Pacific Infrastructure Fund to finance regional projects, focusing on debt in infrastructure projects and attracting regional and international investment.
Bangalore real estate market sees increased unsold stock and varied demand across different parts of the city.
Reliance Infra plans to produce over 5 million tonnes of cement in Madhya Pradesh, expanding its presence in the cement manufacturing sector to bolster infrastructure services.
The Central Government aims to resolve issues with the GAIL's Kochi-Bangalore gas pipeline project, facing opposition from farmers and the Tamil Nadu State Government.
The Central Government is set to relax FDI norms for the real estate sector, which includes reducing the lock-in period and minimum capitalization to attract investments and make housing more affordable.
Commercial property investment is most lucrative in major cities with robust infrastructure, better connectivity, and higher rental appreciation compared to tier-II cities.
Iyyapanthangal in Chennai has gained popularity due to enhanced infrastructure and connectivity, leading to increased property prices and demand.
Bandra Kurla Complex (BKC) is experiencing growth in office space with an expected 2.5 million sq ft addition. Leasing and buying activity has increased and the rent correction appears stabilized.
Koramangala, once overlooked, has transformed into a prime real estate hub in Bangalore, with rising rentals and limited commercial space, reflecting its growing desirability.
The Indian government is contemplating permitting increased vertical growth in cities by granting additional Floor Space Index (FSI) to curb rising real estate prices and fund urban infrastructure upgrades.
Urbanization is crucial for India's growth, but infrastructure development lags behind the rapid rise in urban population and real estate stock, necessitating urgent investment.