Patna's real estate market experiences a slowdown in Q1 2025, mirroring national trends. The city sees reduced new housing supply as developers adopt a cautious stance due to sluggish sales.
Ahmedabad’s real estate market saw a 7.7% drop in new projects during FY 2023-24, driven by increased construction costs and a surge in urban redevelopment.
Salarpuria Sattva Group is expanding to Coimbatore's real estate market despite slowdown, aiming to leverage upcoming projects and city growth.
Mumbai developers consider halting new residential projects due to market slowdown, impacting sales and leading to job cuts in the construction industry.
Twelve Pune real estate developers face scrutiny for falsely claiming Rs 65 crore in tax waivers on low-cost housing schemes. The Income Tax department plans to issue notices, impacting tax collections amidst a market slowdown.
Real estate slowdown impacts hospitality projects in India, causing delays and cost revisions. Stocks have plummeted, affecting real estate majors with hospitality holdings.
Private Equity deals in Indian real estate and infrastructure reached $2.32 billion in H1 2008, a slight increase but with smaller deal sizes. Sluggish market conditions and funding challenges led developers to seek PE funding, with Red Fort Capital and others closing deals.
Realty stocks are experiencing a significant decline due to market uncertainty, a slowdown in the real estate sector and rising input costs. Major players like DLF and Unitech have seen substantial drops in their share prices.
Pune property prices hiked by Rs50-400 per sq ft, but sales dipped despite builder expectations. Registration figures indicate a market slowdown, contrary to builders' claims.
Primary Real Estate Advisors plans a $500 million fund amidst India's cooling property market, targeting 15-20% returns despite slowing sales in major cities.