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.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
In March, India's foreign direct investment fell 11% year-on-year to $1.07 billion, highlighting the need for policy improvements amidst declining FDI trends.
Mumbai witnesses luxury transactions, Pune's new project gains traction, and Delhi's prime plot sold for redevelopment, showcasing dynamic real estate movement across major cities.
TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
RBI's interest rate hike impacts real estate, increasing construction costs and home loan rates. Developers face a cash crunch, while potential homebuyers confront rising borrowing expenses.
I-T officials uncover shady real estate dealings in Ahmedabad, focusing on brokers and undisclosed income during recent raids.
CREDAI presented an action plan to address corruption in the real estate sector to the Union Urban Development Minister. They highlighted the damaging impact of corrupt practices on the industry's reputation and called for government support in streamlining approvals and reducing delays.
CREDAI introduces a new transparency system for Chhattisgarh real estate developers, focusing on clear dealings, consumer redressal, and adherence to a code of conduct.
Rising real estate rates in Mumbai and other metropolitan cities have led to an increase in rental values, up to 11% in Mumbai. South Mumbai saw a drop, but suburbs experienced significant growth.
India is gearing up to host its first Formula One Grand Prix, spearheaded by Jaiprakash Gaur, founder of Jaypee Group. The race will be held at a new "sports city" being developed near New Delhi.
JAYPEE GREENS unveils SPORTS CITY KASSIA PERSONAL SUITE in Greater Noida, offering luxury apartments near the Formula One Racing Circuit along Yamuna Expressway.
Better Option Propmart to launch 30 'BOP studio' real estate boutiques across Indian cities, offering free guidance and counseling to customers.
Navin Fluorine International awarded 2/5 stars by CRISIL Equities, citing moderate fundamentals due to stagnation in main business lines.
Real estate CEOs in India are opting for modest pay increases this year compared to past trends, reflecting a shift in industry compensation practices.
India's revised Direct Tax Code (DTC), effective 2011, simplifies income tax laws, impacting real estate. Key changes include taxing actual rental income and retaining home loan interest deductions up to ₹1.5 lakhs.
Scope for small real estate investors is limited compared to institutional investors in India, but investing in rent-generating assets can still bring decent returns.
A high-end apartment in Gurgaon has been leased for Rs 1.2 lakh per month, reflecting the ongoing demand for rental properties in the region.
Indiabulls Real Estate shares rise 3% after winning NTC's Bharat Textile Mills bid for Rs. 1505 cr
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
Jai Prakash Sports International offers 153 sq. yd. plots at competitive rates with varying down payment plans for prospective buyers.