Approximately 3.16 lakh houses remain incomplete under the Pradhan Mantri Awas Yojana-Grameen (PMAY-G) scheme in Rajasthan. Districts such as Barmer, Banswara, and Jodhpur have the highest number of incomplete houses. The state authorities have issued directives to complete the pending houses by March 31, 2021.
Investors Clinic, a Noida-based real estate consulting firm, is expanding to Mumbai, Bangalore, and Jaipur. Driven by strong growth in these markets, the company aims to triple its growth in 5 years by partnering with leading developers and leveraging its expertise.
Rajasthan's UDH approves first online building plans for commercial projects in Jaipur, marking a shift towards digitization and transparency.
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.
Indian developers prepare for the 20th India Property Exhibition in Doha offering NRI investors over 100 diverse property options across major cities starting March 16, 2012.
The Indian Property Show in Hong Kong on March 3-4 offers NRIs a chance to explore 300+ projects by 70+ Indian developers, with on-site home loan approvals.
International Amusement Limited launches The Great India Place mall in Jaipur, offering shopping, dining, and entertainment across 20 acres.
Jaipur Tourism City, a 400-acre mixed-use destination resort, promises to be India's first vacation city featuring retail, hotels, attractions, and residential spaces.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
LIC Housing Finance plans to expand its senior citizen homes business across India, aiming for a public listing within five years. The company has completed projects in Bangalore and Bhubaneswar, and is now eyeing Jaipur, Haridwar, and Goa.
Indian real estate has seen substantial price growth, with properties multiplying in value over time. Experts advise including real estate in investment portfolios.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.
Better Options Property (BOP) plans to launch realty boutiques called "BOP Studios" across Indian cities. These studios, modeled as walk-in property shops, target prime locations, recruit thousands of professionals, and aim for multiple projects in various cities.
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.
Mahindra and Mahindra declares no slowdown in its real estate ventures despite a general demand slump. Key cities like Jaipur, Chennai, and Faridabad are noted for strong performance.
Sahara Prime City announces a mega township project in Coimbatore, featuring nearly four thousand new homes including apartments, houses, and bungalows.
Sarovar Hotels & Resorts aims to add 100,000 rooms by 2012, expanding its portfolio with 33 new hotels across various brands, including budget-friendly Hometels and apartment hotels.
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.
Provident Housing seeks to raise ₹750 crore from private equity to fund affordable housing projects across various Indian cities, expanding into a growing market segment.
Berggruen Holdings plans to invest over Rs 1,000 crore in India by 2012 to establish 3- and 4-star hotels. The company has secured funding from IDFC and is exploring additional funding options.
Rajasthan's new Guaranteed Land Title Act aims to enhance transparency in land deals, establishing permanent ownership rights for property buyers across 11 cities, starting with a pilot in Jaipur.
Rajasthan's 2000 regulation allows unauthorized constructions by paying penalties, impacting urban planning and leading to misuse of land for commercial purposes in residential areas.
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.
British investors seek higher profits in India's booming real estate market amid slowdown in UK property sector