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
Mumbai witnesses world's highest 94.4% increase in industrial space rentals, leaping to 26th most expensive globally.
Mumbai's real estate developers raised concerns over surging steel prices, urging an investigation as it threatens construction plans for the Commonwealth Games 2010.
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.
RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.