Rajiv Gandhi Realty Excellence Awards 2010 honors top developers for affordable housing
DDA awards Delhi's 1st slum redevelopment project to Raheja Developers, worth Rs 500 crore, aiming to improve living conditions for urban poor and generating substantial business for builders.
The Planning Commission plans to introduce new schemes for real estate in its mid-term appraisal, aiming to prioritize affordable housing amidst sector challenges.
Leading real estate developers in Mumbai unanimously agreed to reduce home prices by 10-12% during a recent meeting at the Grand Hyatt Hotel.
Real estate investors face challenges exiting the market due to price drops and rising interest rates, leading to losses and defaults. Many young investors are struggling with EMIs after purchasing properties at peak prices.
Raheja Developers to invest Rs 4,500 crore in developing an engineering SEZ in Gurgaon, aiming to generate jobs for 50,000 people and yearly exports worth Rs 1,000 crore.
Ansal API and Raheja Developers are investing substantially in SEZ projects to revive a sluggish real estate market, with ambitious plans across multiple states.
Delhi Development Authority (DDA) plans to redevelop 30 slum clusters with private developers, offering higher FAR for increased profitability, similar to Mumbai's successful projects.