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.
Tata Sons is urging its subsidiaries, Tata Realty and Tata Housing, to cease their competition, which is adversely affecting their overall operations in real estate.
NBCC, a Government of India undertaking, is in final-stage talks to develop real estate in Dubai and Saudi Arabia. This marks the first time an Indian government entity would develop realty projects abroad.
India may ease foreign investment rules for hotel construction to address room shortages before the 2010 Commonwealth Games. This includes reducing minimum development area requirements and waiving lock-in periods and minimum investment criteria.
L&T reveals $2 billion real estate projects and secures Rs 1,557 crore power order in Andhra Pradesh
As land prices soar and liquidity tightens, builders are getting more cautious. They are now focusing on risk mitigation strategies, joint ventures, and leveraging land banks to navigate market challenges.
Ascott Group expands into West India with a new serviced residence in Ahmedabad, partnering with Rattha Group for a significant investment.