A Supreme Court ruling allowing increased Floor Space Index for old buildings in South Mumbai opens redevelopment opportunities, potentially impacting property prices and infrastructure.
Indian real estate developers halt land acquisitions amid market downturn, rising interest rates, and funding challenges. Tepid sales and cash crunches force project delays and potential distress sales.
Rising interest rates and new DDA flats are causing panic among real estate investors in Delhi NCR. Investors are selling back to developers or pushing for quick sales, while experts advise end-users to wait for potential price corrections post-festive season.
The DDA will sell 5000 flats at prices significantly lower than private developers, offering hope to prospective homeowners in Delhi amidst rising real estate costs.
Chandigarh's real estate market is experiencing a challenging phase with mixed sentiment among investors and local buyers. Key developments include declining prices and major investment projects.
Bhiwadi is emerging as a key industrial hub in NCR, drawing significant investor interest and increasing property values due to its strategic location and government initiatives.
Indian real estate faces uncertainty amidst global slowdown and high property prices, impacting developers and investors, though robust demand persists.
Housing finance is under pressure as banks increase developers' contribution limits amid rising rates and an uncertain economy, impacting real estate investments.
DLF, India's largest real estate company, plans a share buyback as its stock price hits an all-time low. The move aims to reassure shareholders and stabilize the declining stock value.
Real estate appears resilient to inflation, with experts predicting a price drop of 5-10 percent. It's considered a favorable time for property investment, especially in Tier II and III cities.
Residential rents in India are rising by 10% due to high demand, low rental yields (3-6%), and high home loan interest rates (11-13%). Many potential buyers are delaying purchases, increasing rental demand.
Mysore Urban Development Authority offers farmers 18% of their land back after development, but doubts remain about the deal's appeal amidst soaring property prices and competing private developers.
Three high-value housing deals totaling Rs 300 crore have been closed in Delhi's Golf Links area. GMR, an auto dealer, and Naresh Gujral are among the buyers.
Calcutta property prices may increase by up to 15% as developers face rising costs; however, demand slowdown may limit immediate price hikes.
Indiabulls Properties Investment Trust debuts on Singapore Exchange with uninspiring opening, closing 10% below issue price
ICICI Bank downplays real estate bubble fears despite rising interest rates and property prices impacting sector growth. The bank expects a market correction.
Despite a nationwide economic slowdown, real estate prices remain resilient while shares of real estate companies have plunged, prompting cautious sentiment among investors and brokers.
Rental prices in key Indian industrial towns surge, with New Delhi experiencing a 13% increase in 2008, reflecting high demand and limited development space.
The National Consumer Commission ruled that builders must compensate buyers for delays in flat delivery, emphasizing that benefits from rising property prices go to purchasers.
Real estate markets experiencing significant price drops across major Indian cities, with residential values declining in metros.
Pune property prices hiked by Rs50-400 per sq ft, but sales dipped despite builder expectations. Registration figures indicate a market slowdown, contrary to builders' claims.
Despite a real estate slowdown, land deals in India thrived in Q1 2008, reaching Rs 23,000 crore, with another Rs 10,000 crore in the pipeline.
The Kolkata real estate market faces stagnation in the residential segment, with ongoing price stability despite an increase in construction costs and delayed project launches.
Shopkeepers on MG Road, Delhi, face steep rent increases amid uncertainty over property prices due to impending sealing drives after the assembly elections.
Real estate speculation declines in Delhi-NCR due to price stabilization, impacting developer sales and project timelines.