Madhya Pradesh fails to attract builders for green building projects despite government incentives.
Hindustan Unilever Ltd to divest realty assets worth Rs.300 Cr by June, including 55 ultra-luxury apartments in Mumbai, Kolkata, and Hyderabad.
Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.
Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.
Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.
US real estate major Trump seeks to expand its presence in India with luxury housing projects in Mumbai and NCR.
Mumbai residents protest BMC's new property tax policy based on capital value, citing disparities and demanding a return to the old system.
During a visit to India, British PM David Cameron pledged UK government funding for the Mumbai-Bangalore corridor project, foreseeing significant economic benefits and job creation.
Godrej Properties and Jet Airways are partnering on a 1.3 million sq ft commercial project in Mumbai's Bandra Kurla Complex. The project, Godrej BKC, is expected to generate Rs. 3,500-4,000 crore.
Corporates are relocating their headquarters to larger offices as rental prices decline in major cities like Bangalore and Mumbai, seeking better amenities.
GVK Power & Infrastructure Ltd plans to monetize 2.9 million sq. ft. of Mumbai International Airport's real estate to fund its modernization, pending Maharashtra Chief Minister's approval.
BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.
A sluggish real estate market has delayed multiplex construction, impacting Bollywood's revenue. Approximately 150 multiplexes are delayed, affecting potential earnings for films. More multiplexes are needed.
Morgan Stanley is considering investing in a 1.6 million sq ft office space development in Mumbai's Bandra Kurla Complex, marking their first commercial sector investment in India.
Union Housing Minister Ajay Maken advocated for a review of the FSI policy in Mumbai and other major Indian cities to boost affordable housing development, suggesting increased FSI rates.
Mumbai & Delhi ranked among world's cheapest cities in a survey by Economist Intelligence Unit, while Tokyo tops the list of most expensive cities.
India's residential market nearing price correction due to weak home sales, forcing builders to cut prices, reports CBRE, with Mumbai, Chennai, Hyderabad, and Delhi experiencing significant sales drops.
Foreign investors are poised to inject $4-5 billion into the Indian real estate market, focusing on Bangalore, Delhi, and Mumbai, according to Jones Lang LaSalle.
MIDC's new industrial policy allows 40% of SEZ land for residential projects, potentially generating ₹3.08 lakh Cr in revenue and boosting industry growth in Mumbai.
Sahara India's bid for a 30-year lease of Air India's Mumbai headquarters was rejected. Air India aims for shorter leases to retain control and avoid the fate of Sears Tower.
High Net-worth Individuals (HNIs) are increasingly cautious about real estate investments due to lower returns and declining property value appreciation, particularly in major cities.
India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.
Bombay Realty is showcasing its Island City Center project at the Dubai Indian Property Show. The project in Dadar, Mumbai offers luxury residences, commercial spaces, and amenities, targeting NRIs and HNIs.
Ulwe in Mumbai projected for a 145% price hike, making it a top real estate investment destination along with other cities like Pune, Bangalore and Delhi-NCR.
Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.