Anil Ambani's Reliance Group partners with China's Dalian Wanda Group to develop real estate projects in Mumbai and Hyderabad, marking the first Chinese real estate investment in India.
CREDAI urges Bengal government to repeal the Urban Land Ceiling Act, citing it as a hindrance to real estate development.
Ponty and Hardeep Chadha, real estate moguls, were killed during a property dispute at their farmhouse, leading to police arrests of implicated security personnel.
RBI's decision to hold key policy rates steady has disappointed real estate developers, who were hoping for a reduction in borrowing costs. Industry leaders believe this will negatively impact the sector and hinder funding for projects.
Odisha real estate developers welcome the government's decision to allow 51% FDI in retail, believing it will boost the real estate sector and the state's economy.
Brys Group is set to construct the 300 m tall Brys Tower in Noida as it seeks to address the growing land shortage for residential projects in the area.
CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.
Lodha Group in talks to buy DLF's Mumbai plot for $500 million.
A new MoU between CREDAI and KSFES aims to streamline fire safety certification processes, although concerns about credibility and rapid approvals have been raised.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
Tata Housing has won five prestigious Asia Pacific Property Awards 2012, including the five-star award for La Montana, reaffirming its leadership in residential real estate.
DLF shares increased by 3.2% after Goldman Sachs upgraded the stock's rating to "buy", citing increased residential launches and commercial property recovery.
DLF in talks to sell Mumbai land for ₹30bn, buyers negotiate lower
West Bengal government proposes amendment to ULCA, requiring developers to reserve 30% of apartments for low-income groups.
Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.
Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.
Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.
Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.
SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.
Land scarcity in Noida and Greater Noida is driving up housing costs, with ongoing agitations and legal disputes complicating the situation for developers and farmers alike.
Farmers in Noida Extension seek better compensation and land return, advocating for a solution that benefits both themselves and homebuyers while addressing grievances with the government.
Acron Infra Project is constructing a 2,800-apartment residential complex in Pune, focusing on affordability and eco-friendliness. The project, costing INR 800 crore, will be developed in six phases and offer modern amenities.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
Builders Association of India advises Maharashtra government to let MHADA, MMRDA, and CIDCO handle SRA scheme redevelopment