Residential markets in major Indian cities like Mumbai and NCR saw significant value appreciation in late 2009, driven by an economic slowdown that favored affordable housing.
Indian developers prioritize feasibility studies and strategic alliances to avoid repeating 2009 real estate downturn. Focus on buyer-oriented projects rather than speculative ventures.
The Indian real estate market shows mixed reactions to recent developments in the US economy. While some companies are optimistic, others remain skeptical. Recent activity suggests market stabilization.
Indian residential property market shows signs of recovery with increased sales and prices during the festive season.
Knight Frank launches comprehensive guidebook to simplify real estate investment in India. The book offers essential information and industry insights.
Mafatlal Industries plans to sell an 85,000 sq ft property in central Mumbai to revive its operations, with bidding expected to start soon.
15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.
Real estate prices are unlikely to rise in the next six months, with a significant increase in residential property sales expected, according to Niranjan Hiranandani of Hiranandani Group.
The economic slowdown has led to significant price drops for homes in the National Capital Region, creating a buying opportunity despite project delays from developers.
Residential property prices projected to fall 10% in 2009, influenced by a 'wait and watch' buyer approach. Lower home loan interest rates anticipated to revive demand and stabilize prices in 2010.
Major Indian real estate firms like DLF, Unitech, Omaxe, and Parsvnath are under pressure from buyers and investors who seek refunds due to delayed or stalled projects.
The Reserve Bank of India cuts key rates to revitalize the housing market, which may entice home buyers back as banks reconsider loan pricing.
The global economic slowdown has led to increased vacancy in prime commercial districts, including Mumbai's Nariman Point. The trend is similar in other major cities like New York and Chicago.
Soaring home prices and a focus on exclusive developments have sidelined middle-class buyers, but recent price cuts and cheaper loans may change the landscape in 2009.
The real estate market in 2009 is expected to become more buyer-friendly due to property and home loan rate cuts, benefiting both borrowers and developers.
PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.
The recent terrorist attacks in Mumbai are expected to further depress property prices, especially in South Mumbai, affecting both sales and rentals.
Housing demand in tier-II and tier-III cities plummeted by 35% in the first half of the fiscal year, primarily due to increased borrowing costs, as per Assocham's assessment.
Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.
Real estate developers are offering attractive discounts and deals due to a market slowdown and liquidity crunch, despite putting on a brave face.
Vijay Raheja has launched the Verena luxury villas in Bangalore, with plans for more developments despite market challenges post family business split.
Bangalore's central mid-range residential rentals surge by 8-10% due to fewer new projects from leading developers, while eastern and southern areas face an 11% and 4% drop, respectively.
The commercial real estate market faced challenges in Q2 2008, with stagnant office demand amid cautious company expansions, according to Cushman & Wakefield's report.
Assocham projects $21 billion FDI surge in Indian real estate over next 10 years, driven by high expected returns and anticipated regulatory changes.
Small developers are forced to sell projects to larger ones due to severe cash crunches, especially in tier II cities and metros.