The Allahabad High Court has dismissed a review petition by Noida and Greater Noida authorities regarding NCR Planning Board approvals, delaying flat possessions. Relief for buyers as villagers' petition to quash land acquisition fails.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
Anand Rathi Financial Services and Knight Frank India plan to launch a Rs 500 crore real estate fund focused on commercial assets in tier I Indian cities.
ASK Property Investment Advisors plans to invest in Indian real estate projects via its new offshore fund, committing $40 million initially.
This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.
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 prices in NCR surged by 20-27% in Q1 of the current financial year compared to the same period last year, driven by continued demand and infrastructure improvements.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.
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.