Indiabulls Real Estate Ltd. is opening its first overseas office in the UAE to assist UAE NRIs in property investment. The company plans expansion to Qatar, Saudi Arabia, and Bahrain.
CREDAI criticizes MHUPA's new Real Estate Bill, fearing increased corruption and negative impact on affordable housing and the real estate sector.
Punjab Government Announces New Real Estate Policy by December; Focuses on Infrastructure and Power Sufficiency
The Indian government is introducing a regulatory bill to curb black money in real estate and foster transparency in the sector.
Ulwe in Mumbai projected for a 145% price hike, making it a top real estate investment destination along with other cities like Pune, Bangalore and Delhi-NCR.
Global sports icons like Maria Sharapova and Michael Schumacher are endorsing real estate projects in India, aiming to attract high-end clientele and rejuvenate the market.
Demand for luxury homes in India is surging, driven by NRIs, evolving lifestyles, and festive offers. Major cities see high demand for homes exceeding ₹20 crore, prompting developers to launch luxury projects.
Govt to Establish Regulatory Body to Protect Home Buyers from Unscrupulous Real Estate Developers
Ponty and Hardeep Chadha, real estate moguls, were killed during a property dispute at their farmhouse, leading to police arrests of implicated security personnel.
Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.
CREDAI welcomes Andhra Pradesh government's online building plan approval system, anticipating reduced costs, faster approvals, and decreased corruption in real estate.
A survey indicates that 89% of UAE-based NRIs invest in real estate in India, driven by factors like rupee depreciation and high return expectations from premium properties.
Gurgaon's real estate market saw a surge in new residential projects during the festive season, fueled by reduced interest rates. However, increased prices deterred some buyers, despite high demand and attractive payment schemes for investors.
Hyderabad real estate anticipates increased demand for transit-oriented residential units due to the proposed Metro Rail project, impacting property prices and development.
Allahabad High Court removes Noida CEO and Chairman amidst allegations of land allotment scam. CBI to investigate real estate land deals.
Patel Realty India Limited plans a ₹75 crore investment for two townships in Hyderabad, including the smart condominium project Smondo featuring 400 apartments.
Chennai's real estate market shows stability, particularly in residential sales, compared to Bangalore. High demand and limited supply in city centers drive higher rentals and property values, attracting investors.
Surging property prices have led to a significant decline in residential sales across major Indian cities, with reports indicating a 42% drop in 2012.
Bollywood superstar Shahrukh Khan has become the brand ambassador for NCR-based real estate developer Mahagun, marking his first endorsement in the real estate sector.
Illegal sand mining is becoming a major issue in Noida, affecting real estate construction and the environment. Villages near residential projects are prime spots for this activity.
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.
Mumbai's real estate exhibition has reignited hope among builders for a festive revival despite sluggish sales and stable prices in the market.
Maharashtra High Court orders real estate builders to pay 5% VAT by October 31, but many developers are pressuring buyers to pay due to lack of proper records.
CREDAI urges faster environmental clearances to meet the rising housing demand. Lalit Kumar Jain highlighted project delays due to the Ministry of Environment.
Real estate Private Equity firms face liquidity issues due to demands for increased transparency from investors. This situation is seen globally, not just in India.