Acron Infra Project is constructing a 2,800-apartment residential complex in Pune, focusing on affordability and eco-friendliness. The project, costing INR 800 crore, will be developed in six phases and offer modern amenities.
Godrej Properties stock has thrived despite market downturn, benefiting from strong brand equity and low capital-intensive model.
RBI's rate hike impacts homebuyers, say builders and bankers. Increased interest rates expected to further lower home sales as buyers reconsider purchases.
Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
Builders Association of India advises Maharashtra government to let MHADA, MMRDA, and CIDCO handle SRA scheme redevelopment
Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.
Mumbai's BMC has proposed an amended parking lots policy to the state government, which could bring several hundred crores annually by sharing profits with developers.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.
Income Tax officials seized large amounts of cash from Lodha Group employees, following previous raids and tax requests, highlighting ongoing investigations into financial misconduct.
Mumbai witnesses luxury transactions, Pune's new project gains traction, and Delhi's prime plot sold for redevelopment, showcasing dynamic real estate movement across major cities.
TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
The Income Tax Department has significantly expanded its real estate holdings, acquiring properties worth ₹2,500 crore across over 20 cities to enhance taxpayer services.
DB Realty faces changes in its board as Michael McCook resigns and new directors KM Goenka and Usman Balwa are appointed amid ongoing legal issues related to the 2G scam.
Rising real estate rates in Mumbai and other metropolitan cities have led to an increase in rental values, up to 11% in Mumbai. South Mumbai saw a drop, but suburbs experienced significant growth.
DLF Brands expands into fashion retail through a partnership with Mango and the launch of a new multi-brand showroom chain in India.
TATA Housing Development ventures into the Mumbai market with redevelopment projects in premium housing, aiming to bring ethical practices and quality products.
Commercial real estate demand surges as recession ends, with 9.2 million sq ft leased in three months, up from 5.8 million sq ft in 2009.
Raheja Universal, rated by CRISIL, plans to develop 70 million sq ft in Mumbai, consisting of 26 million sq ft commercial and 44 million sq ft residential.
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
Shapoorji Pallonji Group aims to enhance ownership in infrastructure as it nears its 150th anniversary, emphasizing roads, ports, and power developments.
Gitanjali Gems Ltd is launching a high-end residential project in Borivli, Mumbai, with two towers spread over 400,000 sq ft. The project is expected to generate revenue of 400 cr.
India's thriving real estate market attracts small & medium-scale manufacturing companies to launch projects or monetize prime land assets.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
Cable Corporation of India announces entry into real estate with a Rs. 1000 crore investment for Rivali Park, a mixed-use project in Borivali, Mumbai.