News articles tagged Real Estate Industry

Real estate is as safe as houses for FDI

FDI regulations in India for real estate indicate growth projections and increased foreign investment, benefiting the sector's expansion and attracting both domestic and international investors.

MAHARERA Cancels 13,785 Real Estate Agents’ Registrations

MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.

Devastation Descended upon Noida as Real Estate Tycoon Pawan Bhadana's death rattles Sector 93

Pawan Bhadana, renowned real estate tycoon, was found dead in his Noida home, sparking discussions on mental health support within high-stress industries.

Indian luxury house demand is skyrocketing.

India's luxury real estate market is experiencing high demand, with a 24% increase in the average cost of luxury housing units this year. Factors driving this growth include changing consumer behavior, a growing middle class, and the incorporation of smart technology and eco-friendly features in luxury homes.

The Future of Indian Real Estate by 2040

The Indian real estate market is projected to significantly grow by 2040, driven by infrastructure developments and foreign investments, enhancing its profitability and demand.

Home prices set to fall in major metro cities

Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.

Godrej Properties net debt falls by 24pc

Godrej Properties, based in Mumbai, has reduced its net debt by 24% to Rs 1,470 crore in the second quarter, leveraging funds from a rights issue.

DLF, Oberoi Realty report surge in profits

DLF and Oberoi Realty report decline in net profit in Q2 due to slow property market and high interest rates. Both companies sold assets to reduce debt.

Real Estate Bill Likely To Protect Flat Buyers

The real estate bill is expected to pass in the upcoming parliament session, protecting buyers from unethical builders.

CREDAI Demands Speedy Eco Clearance Certificates

CREDAI urges faster environmental clearances to meet the rising housing demand. Lalit Kumar Jain highlighted project delays due to the Ministry of Environment.

Cognizant Technology Solutions Invests in Realty Sector

Cognizant boosts India real estate investment to $700 million, expanding campuses by 10.5 million sq ft by 2015.

Indian Realty Sector growing very Fast

The real estate industry is projected to reach $180 billion by 2020, highlighted during a seminar at Acharya Bangalore B School that engaged students with industry experts.

20% Reservation for EWS will take time, Says Real Estate Industry.

Real estate developers clash with Maharashtra government over mandatory 20% EWS housing reservation in new projects.

'Integrated Township of the Year Award' received by the DLF Garden City Lucknow.

DLF Garden City, Lucknow, wins "Integrated Township of the Year – North India" at Realty Plus Excellence Awards 2012. The township boasts eco-friendly infrastructure and international living standards.

Home Loan Rate Should Be Restructured.

The real estate sector anticipates favorable changes in the Union Budget 2012-13, including increased loan subsidies for affordable housing and enhanced FDI regulations.

Budget 2012: A ray of Hope for the Real estate sector.

India's real estate industry hopeful for relief in Budget 2012, seeking industry status, tax revisions, and affordable housing incentives.

Lutron India To Foray Realty Sector

Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.

Retail investors turn careful on IPOs

Retail investors show cautious approach towards recent IPOs while institutional and high net worth investors demonstrates higher interest. Several IPOs deemed overvalued, according to investment recommendations.

Sub-PLR rates set to go

The Reserve Bank of India is planning to ban lending below the prime lending rate, which will impact floating-rate home loans.

Realty regulator is needed

Expert suggests Govt. setup institutional framework for real estate regulator to promote transparency & affordable housing.

DLF to sell more land and wind power business

Debt-ridden DLF to sell land and wind power business to raise Rs 1,900 crore. Unitech reduces debt, both companies' shares rise.

Malls under construction, developers pray Delhi-like culture sweeps region too

16 new malls are set to open in the tricity within a year, despite existing malls like Uppal’s Centra Mall and DT Mall struggling with low footfalls beyond cinema visitors.

NRIs stay away from investment in realty sector

NRIs are avoiding real estate investments in India due to the global economic downturn, significantly impacting the realty sector.

Parsvnath says festival sales down by half

Parsvnath Developers' Diwali sales dropped 40-50% due to high interest rates and lending restrictions. Despite this, the company plans to maintain prices, focusing on cost reduction by cutting salaries and expediting projects.

Real Estate Industry Predict Growth

A slowdown and price corrections in India's real estate sector are seen as temporary, with 62% of developers expecting long-term growth, as per Ernst & Young and FICCI's 'Realty Pulse' report.