Top 25 real estate developers contributed over Rs 630 crore to political parties via electoral bonds between 2019 and 2023, with the BJP receiving the largest share of Rs 314 crore.
The recent release of electoral bond data by the Election Commission reveals substantial political contributions from various real estate companies, led by DLF and Chennai Green Woods.
Luxury real estate transactions surged in India before the fiscal year's end, with ticket sizes ranging from ₹10 crore to over ₹100 crore. Experts attribute this to several factors including capital gains reinvestment limits and market volatility.
K Raheja Corp partners with the Clinton Climate Initiative to retrofit buildings across India, starting with sites in Mumbai and Hyderabad, and aims to reduce energy and water use.
Hyper City Retail halts convenience format plans, shifts focus to big box format and multi-channel retailing due to low profit margins and high real estate costs.
Despite a real estate slowdown, land deals in India thrived in Q1 2008, reaching Rs 23,000 crore, with another Rs 10,000 crore in the pipeline.