Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.
Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.
India's property market to attract $3 billion from overseas buyers, despite high prices, driven by robust economy and growing middle-class population.
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
A report from REIS indicates stability in India's commercial real estate market, suggesting advantageous leasing conditions for tenants in 2010.
JLLM signs contract with Wipro to manage 2.3M sqft office space in Bengaluru, Mumbai & Mysore
This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.
Mumbai's commercial real estate market sees revival as Lodha Developers and Indiabulls bid for Finlay Mill, and Kohinoor Mill-1 is set for auction.
The real estate market in 2009 is expected to become more buyer-friendly due to property and home loan rate cuts, benefiting both borrowers and developers.
Global economic turmoil impacts Asia Pacific property market with rising vacancy rates and declining office space leasing.
Luxury and premium brand retailers are seeking quality retail spaces for expansion, with new office moves reflecting a shift towards luxury malls, enhancing brand visibility.
Acacia Real Estate acquires 26% stake in Delhi retail mall via JV with Anant Raj Group, expecting 83% ROI over 3.5 years.
India's retail scene is thriving, with a rise in organized retailing and malls, while high street shops also maintain their appeal, showcasing a complementary growth strategy.
Facility management in India has matured significantly since the 1990s, driven by demand from the IT and BPO sectors, emphasizing the need for professional services.
India and China significantly improve real estate transparency in Asia Pacific, ranking in semi-transparent and low transparent levels respectively.
Asian property investment hit a record $121 billion in 2007, a 27% year-on-year increase, despite the global credit crunch.
Global sub-prime crisis to impact Asia-Pacific property markets, with declining investments and varying effects across different regions
GCC property market expects surge in global investors, doubled from last year, driven by confidence in regulatory frameworks.
Parsvnath Developers sold a 30% stake in its Mumbai project for 1.86 billion rupees to foreign funds, enhancing investor interest in India's real estate market.