Karuppayurani suburb witnesses surge in 2BHK-3BHK demand driven by affordability, infrastructure proximity, and DTCP developments attracting first-time buyers.
Sahara chief Subrata Roy seeks court approval to deposit property deeds with nationalized bank amid ongoing dispute with SEBI.
The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.
Godrej Properties plans to raise ₹700 Cr through a rights issue to fund new and ongoing projects across key Indian cities. The company aims for growth despite previous market sluggishness.
New project launches in Mumbai have significantly declined in Q1 2013 compared to Q4 2012, attributed to weak home sales and cautious developer strategies.
DLF, India's largest real estate company, plans to reinvest in Delhi's real estate market after selling its stake in Aman Resorts. This move aims to reduce debt and refocus on core business, with new projects expected within four months.
The Indian Property Show Dubai 2012, taking place December 13-15, is set to be the biggest yet, with a record number of participants showcasing properties from across India to attract NRI investment.
Sobha Developers plans to start a $3 billion project in Dubai, aiming to break ground by early 2013 despite the economic downturn.
Real estate brokers are underwriting new projects for developers facing a cash crunch in major metros, impacting sales figures and market stability.
Jaypee Infratech launches Jaypee Greens Yamuna Vihar in Greater Noida, offering residential plots with discounts.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.
Indian developers prioritize feasibility studies and strategic alliances to avoid repeating 2009 real estate downturn. Focus on buyer-oriented projects rather than speculative ventures.
Omaxe Ltd plans to raise property prices and launch four new projects, investing fifteen billion rupees with projected revenues of 23 billion rupees over 30 months.
Home prices are rising in anticipation of the festive season demand, say real estate developers Niranjan Hiranandani and Abhisheck Lodha. The decrease in new projects has also contributed to higher prices.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund