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.
Sheth Developers pre-leased half of their upcoming 1 million sq ft 'Vivacity' mall in Thane, Mumbai, to retailers like Hypercity, Shopper's Stop, and Cinepolis, indicating a resurgence in commercial real estate demand.
Indian real estate has seen substantial price growth, with properties multiplying in value over time. Experts advise including real estate in investment portfolios.
Hindustan Construction Company (HCC) announces it will divest 74% of its stake in various projects, focusing on the 247Park project in Mumbai.
A real estate exhibition organized by the Times of India newspaper will commence tomorrow in Doha, showcasing the best real estate options across India.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
Lodha Developers to build Mumbai's tallest residential tower, seeking over Rs 1,000 cr in funding
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.