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.
Leading property developers are withdrawing from hotel projects due to cash flow issues, complicating relationships with hospitality chains like Royal Orchid and Ramada.
British investors seek higher profits in India's booming real estate market amid slowdown in UK property sector
Country Club India expands to 44 clubs, plans 100 crore investment in Gujarat and Madhya Pradesh, and acquires Dubai property.
Sahil Group unveils premium housing project and expands hospitality business with multiple investments in Pune and Mumbai.
Nanded City Pune's Phase 1 Closes, Phase 2 Launches in Dec 2008
The EAAP Directory 2008 was launched by Pune's mayor and police commissioner, serving as a vital resource for real estate professionals and buyers in the city.
Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.
Indian real estate attracts British investors as UK market declines
Pune is experiencing a surge in integrated township developments due to the Maharashtra government's Special Township Policy Act. Several large-scale projects are underway, transforming the city's landscape and offering substantial investment opportunities.
Real estate markets experiencing significant price drops across major Indian cities, with residential values declining in metros.
Global architects are entering the booming Indian real estate market. Renowned firms like Foster + Partners and HOK are collaborating with Indian developers on large-scale projects, signaling a new era of design and development.
Mahindra Lifespace Developers Ltd may explore private equity funding for future projects but has no current plans to dilute its stake, according to Vice-Chairman Arun Nanda.
Finolex Industries to Sell SEZ Plot near Pune for ₹400 Cr
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.
Nirmal Lifestyle plans to invest $5 billion in developing five townships in India, aiming for significant returns while targeting the affordable housing market.
Mumbai witnesses world's highest 94.4% increase in industrial space rentals, leaping to 26th most expensive globally.
Amrut Runwal Group is entering the hospitality sector with a five-star hotel in Pune, scheduled to open by June 2009, under the Ramada brand.
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
The Yoo Pune project will feature 33 floors of luxury apartments in Hadapsar, with significant investment aimed at delivering exclusive residential services.
Yoo by Starck enters Indian market with luxury condo project in Pune, partnering with Panchshil Realty amidst high demand for branded residences.
The Pune construction industry faces significant setbacks due to migrant worker exodus, leading to delays and increased costs for buyers, as builders invoke force majeure clauses.
IDEB is expanding its construction and hospitality services across major Indian cities, including plans for a new hotel in Bangalore.
Yoo by Strack is launching a ₹1,500 crore residential project in Pune, partnering with Panchshill Realty and eyeing further investments in major Indian cities.
India is set to introduce its first green hotel, The Park Hotel in Hyderabad, focusing on sustainable tourism and energy efficiency, with a significant investment planned.