TDI Infrastructure Limited launches a new scheme for Kingsbury Terraces, allowing buyers to own apartments starting at Rs. 9 lacs with EMIs for 24 months.
Parsvnath Developers postpones retail expansion due to economic slowdown, but SEZ stake sale to private equity investors nears finalization.
Travel India Marketing launches 60-room serviced apartment in Malad, targeted at corporate long stays and businesses in Mindspace. Rooms will be offered at promotional rates.
Experts believe that despite RBI's rate cuts, developers need to adjust prices to stimulate the sluggish residential market and address declining revenues.
Real estate developers are offering attractive discounts and deals due to a market slowdown and liquidity crunch, despite putting on a brave face.
The Indian real estate sector faces a potential 15-20% price correction over the next six months due to a severe credit crunch and demand slowdown. Banks and PE funds have tightened lending, leaving developers in a liquidity crunch.
DLF to sign franchisee agreement with Luxottica for retailing premium eyeware brands in India, opening over 100 Sunglass Hut stores in 5 years.
Real estate developers and consultants express disappointment over RBI's credit policy, urging for increased liquidity to boost the struggling property sector.
Potential home buyers may find deals in April-May as developers face pressure to sell unsold stock at lower prices due to financial crunch.
Omaxe Infrastructure and Construction (P) secured a Rs 907.10 million order from Hindustan Zinc for developing a township in Dariba, Udaipur.
Tishman Speyer plans to raise $1 billion for Indian realty projects, while Jina Ventures aims for $200 million.
Twelve Pune real estate developers face scrutiny for falsely claiming Rs 65 crore in tax waivers on low-cost housing schemes. The Income Tax department plans to issue notices, impacting tax collections amidst a market slowdown.
Rising real estate rentals are impacting retail expansion plans. Spencer Retail aims to open more stores, focusing on location due to rental costs.
24 contestants will compete for Miss Real Estate Philippines title on July 25th at SMX Mall of Asia. The winner will become the industry ambassadress and represent the country in Miss Real Estate Asia.
Unitech raises $300mn from international fund to support residential projects amidst liquidity crunch
Binani Cement is exploring long-term cement supply contracts with developers including Raheja and Hiranandani, potentially reshaping industry standards.
Indian real estate developers are increasingly recruiting B-school grads, offering competitive salaries and senior roles to enhance their professional image and meet growth demands.
Chandigarh's major infrastructure projects, including a multi-storey building and multimedia city, are progressing slowly.
Bollywood stars increasingly endorse real estate projects, boosting brand recognition. Deepika Padukone joins others like Shah Rukh Khan and Yuvraj Singh to attract buyers.
Karnataka real estate developers plan a price increase of 3-8% from June 10 due to rising construction costs and higher labor rates.
Chandigarh Housing Board accused of favoring Parsvnath Developers, potentially losing hundreds of crores in revenue
Developers adopt innovative techniques to make projects affordable, using eco-friendly materials and reducing construction costs up to 15%.
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
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.
Indiabulls Real Estate will acquire Dev Property in a £138 million share-swap deal, expanding its presence in the booming Indian real estate market.