A Supreme Court ruling allowing increased Floor Space Index for old buildings in South Mumbai opens redevelopment opportunities, potentially impacting property prices and infrastructure.
Nirmal Lifestyle partners with American Tennis Association for US Open-branded amenities in Indian projects
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
NRI investment in Indian real estate is booming, driven by strong remittances and the market's stability. Major developers are witnessing a significant increase in NRI sales, particularly in cities like Mumbai, Ahmedabad, and Goa.
Mumbai suburbs to see 10-20% property price drop by March 2009, Jones Lang LaSalle Meghraj predicts, citing excess supply beyond Borivali, Thane, and Navi Mumbai.
Ahmedabad is attracting significant NRI real estate investment, rivaling Mumbai and Goa. Driven by better appreciation and affordability, NRIs are showing increasing interest in high-end properties.
Maharashtra, known as the 'Power House of India', is witnessing rapid development in both residential and commercial real estate. The state's industrial growth has boosted real estate demand in cities like Mumbai, Pune, and Nagpur.
Red Fort Capital negotiates Rs 40bn projects with 6 Indian developers, including Godrej Properties for Kolkata IT park
Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
Prospective home buyers should prioritize affordability over fear of missing out, as current real estate prices are excessively high, with a 30% correction needed for sustainability.
Wipro Infotech secures a decade-long IT project from Lodha Group worth Rs. 1.3 billion for services in India and the Middle East.
Vijay and Deepak Raheja have split B Raheja Builders, establishing their own firms. The split, deemed amicable, leads to the division of ongoing projects between them.
Sobha Developers sold 40% stake in a Bangalore residential township project to Dubai's Pan Atlantic for $10 million. The project is estimated at 1.05 billion rupees.
The Indian property market is experiencing a consolidation phase as liquidity issues lead mid-sized developers to sell off properties and attract investors.
E-CITY Ventures to set up 45 value malls in emerging cities, targeting 10 million sqft, with Rs 450 crore equity funding in advanced talks.
Real Estate Market to Witness 15-20% Price Correction Post-Monsoon
Lehman Brothers invests $175 million in a Mumbai mixed-use project with Unitech and local partners. The project includes 1 million sq ft of office space, part of an 18 million sq ft master plan.
Sahil Group unveils premium housing project and expands hospitality business with multiple investments in Pune and Mumbai.
Kanakia Spaces implements In4velocity's ERMS, In4Suite, across projects
Mumbai's elite shifting from Malabar Hill to Bandra, with celebrities and business professionals choosing the suburban location.
India's home prices expected to correct further due to low transaction volumes and over-supply, with 15-20% drop in major cities.
MMRDA plans to build 5 lakh affordable rental houses in Mumbai Metropolitan Region over 5 years, targeting migrants and low-income groups.
Knight Frank predicts residential property prices may drop further due to sales slowdown and market conditions.
Royal Palms India plans significant hotel expansion across Mumbai, Hyderabad, and Kolkata with ₹2,400 crore investment
German bank SachsenFonds acquires stakes in multiple Indian realty projects from Trikona Trinity Capital for Rs 607 crore