Noida Authority projects Rs 3,700 crore revenue by selling land parcels in FY 2024-25, including group housing plots for Rs 1,080 crore and commercial land parcels for Rs 1,010 crore.
Indian home prices are projected to increase by 4-6% this year, driven by rising incomes. CRISIL Ratings anticipates interest rate cuts to spur housing demand and sales.
Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.
Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.
Jaypee Group introduces the Yamuna Expressway project in Uttar Pradesh, connecting Noida to Agra, with a total cost of $2 billion.
IDS NIREM launches a new PG Diploma in Commercial Real Estate to address the growing need for specialized real estate education in India.
HDFC Chairman Deepak Parekh states that lending rates will ease only after deposit rates decrease, amidst recent RBI repo rate cut.
Realty index down 4.45% on inflation concerns, sparking fears of rising housing loan rates.