The RBI's decision to cut key lending rates by 50 basis points is seen as a significant boost for the real estate sector, benefiting both developers and home loan customers.
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.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.
Asipac Projects to launch Rs 50 crore real estate fund with institutional investors, expanding services to include investment advisory and construction management.