News articles tagged New Delhi

Gurugram's Luxury Real Estate Surge: Prime Areas to Watch in 2025

Gurugram leads India's luxury housing boom in 2025, with premium areas like Dwarka Expressway and Golf Course Extension Road driving demand through improved infrastructure and high-end developments.

Delhi-NCR's Luxury Real Estate Boom: 2024 Sales Hit 12-Year High

Delhi-NCR's luxury housing market achieved record sales in 2024, driven by domestic buyers and NRIs, surpassing a 12-year high.

In New Delhi and Mumbai, Tesla looks for showroom space in shopping centers, high streets, and commercial districts

Elon Musk's Tesla is in talks with major real estate developers for showroom space in New Delhi and Mumbai. The company is looking to rent between 3,000 and 4,000 square feet.

Devastation Descended upon Noida as Real Estate Tycoon Pawan Bhadana's death rattles Sector 93

Pawan Bhadana, renowned real estate tycoon, was found dead in his Noida home, sparking discussions on mental health support within high-stress industries.

Centre to raise Rs 15,000 crore by realty and hotel assest monetization

The Indian government plans to raise Rs 15,000 crore through the monetization of its urban real estate assets, including several residential colonies in Delhi and eight hotels owned by the India Tourism Development Corporation (ITDC).

Connaught Place To Grab 2.5 Million sq ft New Workspace Soon

New Delhi to see over 2.5 million sq. ft. of new commercial real estate in the coming quarters. Redevelopment of New Delhi Railway Station is also underway.

Rates to take a step down alongside Noida expressway

Two expressways in Delhi NCR boost real estate development in Noida, Greater Noida, and Dwarka. Residential projects face water, sewage, and funding challenges, impacting delivery and pricing.

Credai-NCR succeeds in giving satisfaction to 90pc customers

Credai-NCR successfully resolved 896 consumer-developer issues through the Consumer Grievance Redressal Forum, receiving praise at their recent AGM.

Foreign retailers likely to postpone India Entry, JLL

According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.

Investment in township projects reaps better

Investment in township projects around cities and suburbs is seen as a better option, with experts suggesting that these areas hold more potential for growth and higher returns.

Portugal welcomes Indian realty investors

Portuguese foreign minister Paulo Portas, during his visit to India, announced residency permits for Indian realty investors in Portugal, extending access to the entire European Union.

Connaught Place & BKC among the Most Expensive Office Locations

Connaught Place in New Delhi and Bandra-Kurla Complex (BKC) in Mumbai are listed among the top and most expensive office locations in the Asia-Pacific region, according to Cushman & Wakefield's annual survey.

Spice Global Steps Into Hospital & Realty Businesses

Spice Global, led by Bhupendra Kumar Modi, is entering the hospital and real estate sectors with the Saket City Hospital set to open by 2014, aiming to expand across India.

Real Estate India to Have Rs.8000 Cr Worth New Projects

Real estate sector signals recovery with new launches and investments by major players. Supertech, Ansal API, DLF, and Mantri Realty announce significant investments.

Troubled Air India to Monetize its Real Estate Assets

Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.

Surging Prices Pulls Down Residential Sales

Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.

Indian Government Certifies Vadra’s Real Estate Deals Clean

The Indian government dismissed inquiries into claims against Robert Vadra and DLF Ltd. Vadra denied accusations of using political power for illegal land deals. DLF shares fell sharply.

ICICI Bank and Sahara eye Parsvnath's prime land in Delhi.

Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.

Indian developers will present properties to NRI investors at Doha exhibition.

Indian developers prepare for the 20th India Property Exhibition in Doha offering NRI investors over 100 diverse property options across major cities starting March 16, 2012.

Realty Big Players Attracted Towards Small Cities for Expansion

Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.

Home Loan Rates Increases Tends to Increase Home Prices

RBI's rate hike impacts homebuyers, say builders and bankers. Increased interest rates expected to further lower home sales as buyers reconsider purchases.

Brokers Hunt for Jobs as Slump Hits Realty Sales

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 fly in Delhi, NCR

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.

Wealthy and Powerful Buyers of CWG Flats Paying Heavy Interest.

Wealthy buyers of Commonwealth Games apartments in Delhi struggle to gain occupancy, facing rising loan interest and deteriorating conditions at the vacant properties.

Multi National Brands Walmart, Carrefour and Tesco May Soon Open Stores in India

Multinational retailers like Walmart, Carrefour, and Tesco may soon be allowed to open stores in India under strict investment norms and sourcing conditions.