Bengaluru's commercial real estate thrives due to its skilled workforce, quality living, and ITES sector, although real estate costs and accessibility are also significant factors.
BIG CBS PRIME has launched two new shows, Made to Order and BIG Style Icon, showcasing elite properties and the lifestyles of society's top influencers.
The state government will implement its affordable housing policy on April 15, requiring builders to reserve 20% of land for small-sized housing, despite some reservations.
Real estate experts express concerns as political shifts may favor Lucknow over Noida, impacting land acquisition and development in Uttar Pradesh.
NRIs are investing in residential real estate in large Indian cities, drawn by financial stability and a desire to stay connected to their motherland. This trend is driven by both emotional and investment motives.
An agreement between a committee and officials expedites compensation payments to farmers in Patwari, safeguarding thousands of homes and increasing land rates significantly.
DDA simplifies lift installation in Delhi apartments, easing the burden on residents. No longer needing unanimous consent, most flat owners' approval suffices.
Supreme Court mandates individual flat registration at current circle rates in Noida cooperative societies, impacting 15,000 owners and potentially generating INR 100 crore for the government.
Stable Indian real estate market: prices held high despite interest rate hikes, mixed future outlook
Developers offer 'monsoon discounts' to boost sales during lean season, with discounts ranging from 10-20% in cities heavily affected by monsoon.
Rising family incomes make Indian hill stations attractive for residential purposes, with 37% of survey respondents seeking homes for self-use.
Sahara Group challenges SEBI's order to return investor funds with 15% interest. The case will be heard on July 4, 2011. Sahara criticizes SEBI for publicizing the order.
Godrej Properties stock has thrived despite market downturn, benefiting from strong brand equity and low capital-intensive model.
The real estate market sees a surge in demand for 2BHK apartments, mainly driven by middle-income, nuclear families and first-time buyers.
The RBI's decision to raise policy rates will adversely impact the real estate sector, increasing property costs. Experts express caution about market reactions.
RBI's rate hike impacts homebuyers, say builders and bankers. Increased interest rates expected to further lower home sales as buyers reconsider purchases.
Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
Wealthy buyers of Commonwealth Games apartments in Delhi struggle to gain occupancy, facing rising loan interest and deteriorating conditions at the vacant properties.
Multinational retailers like Walmart, Carrefour, and Tesco may soon be allowed to open stores in India under strict investment norms and sourcing conditions.
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.
DLF Ltd reports 4.8% drop in net profit for FY 2011, with a 19% decline in Q4 net profit.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
A company plans to launch a luxury housing project in Gurgaon and expand into international markets while initiating new land development ventures.