The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
MCHI is hosting the 13th India Realty Expo in Dubai from June 3rd-5th, 2010, to showcase Indian real estate opportunities to NRIs, featuring properties in cities like Mumbai, Pune, Goa, and Bangalore.
Analysis of the real estate sector reveals notable growth in office space demand, particularly in Bangalore, Mumbai, and Delhi, with mixed results in residential and retail markets.
A recent survey reveals that 34% of potential homebuyers prefer NCR-Delhi, followed by Mumbai, indicating a shift towards end-user driven real estate investment.
Industry experts Pranay Vakil and Pankaj Kapoor discussed real estate trends, issues, and consequences at Moneylife Foundation's event on May 5. They highlighted the need for rental housing, infrastructure, and regulation.
Integrated commercial spaces, mirroring residential complexes, are gaining traction in India, offering office spaces, hotels, and retail areas within a single development.
JLLM report predicts rising residential property prices in Mumbai and growth in commercial real estate demand until the end of 2010, supported by infrastructure projects.
Godrej Group plans to release a prime 35-acre parcel in Vikhroli by year-end, making it one of the largest unencumbered realty releases in recent years.
Residential markets in major Indian cities like Mumbai and NCR saw significant value appreciation in late 2009, driven by an economic slowdown that favored affordable housing.
Global hospitality firms are increasingly interested in the Indian market, with many planning to establish hotels across various cities within the next few years.
Office rentals in India stabilized in the September quarter, with varied trends across cities. Economic improvement and corporate confidence drive demand.
Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.
Madhucon Projects Ltd secures $3.9M order for a road project in Nepal and plans thermal power project expansion.
Economic optimism and liquidity in equity markets are boosting real estate confidence, prompting investment advice for families and highlighting increased demand in Mumbai's residential sector.
Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.
MCHI's Property 2009 exhibition in Mumbai showcases properties from 75+ developers. Co-organized by SBI, it features financing offers for aspiring homeowners in Mumbai, Thane, Navi Mumbai, and Pune.
Tata Housing launches 'New Haven' with 1,300 affordable apartments starting at ₹12.73 lakh in Mumbai, expanding its affordability drive in the housing sector.
Global retail slowdown hits high-street rentals, Mumbai worst affected with 63.5% decline
Property firms are optimistic as they launch new housing projects for the festive season, despite challenges in demand and price hikes.
Homebuyers can now check if the land under their building is encumbrance-free after RBI's recent directive requiring builders to disclose mortgage status.
Indiareit Fund Advisors is launching a Rs 500 crore real estate fund aimed at investments in residential projects across Mumbai, New Delhi, and Alibaug.
Madhur Bajaj, vice chairman of Bajaj Auto, plans to sell a significant portion of his land holdings under Emerald Acres, citing no interest in real estate development.
Mafatlal Industries plans to sell an 85,000 sq ft property in central Mumbai to revive its operations, with bidding expected to start soon.