Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.
Shapoorji Pallonji Group aims to enhance ownership in infrastructure as it nears its 150th anniversary, emphasizing roads, ports, and power developments.
India's real estate prices expected to rise further as Finance Ministry retains 2.5% service tax on under-construction projects, impacting homebuyers.
As residential sales decline, real estate companies brace for a drop in profits, while the office market sees potential growth amidst economic recovery.
RICS India forms new boards and committees to enhance professionalism and transparency in Indian Real Estate
Realty sector and infrastructure firms like GMR and HCC are venturing into the education sector, aiming to capitalize on the growing education industry in India.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
Provogue India ventures into real estate with a 300,000 sq. ft. project in Aurangabad, combining residential and mall spaces. This move mirrors similar ventures by other textile companies.
CREDAI's Visakhapatnam chapter introduces a code of conduct aimed at mediating disputes between builders and buyers while ensuring adherence to established guidelines.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.
Delhi Municipal Corporation plans to increase property tax rates following the Delhi government's circle rate hike. Experts predict a potential 2:1 ratio of impact, implying a 100% property tax increase for a 200% circle rate rise. However, the tax revision might be less substantial in areas with smaller circle rate increases.
The 2010 India Realty Expo in Dubai, organized by MCHI, saw significant success with 2,847 NRI attendees. Attractive pricing and ready properties drew numerous investors. The expo showcased projects from Mumbai, Bangalore, Goa, and Pune, with strong interest in 2/3 BHK flats.
Hindustan Construction Company (HCC) announces it will divest 74% of its stake in various projects, focusing on the 247Park project in Mumbai.
RE/MAX partners with Bhopal's Vision Advisory Services, marking its first foray into building a national real estate network in India.
A real estate exhibition organized by the Times of India newspaper will commence tomorrow in Doha, showcasing the best real estate options across India.
Khinvasara Group, a prominent real estate developer in Aurangabad, has launched Khinvasara Estates, a 7-acre residential project near Walunj. Offering 1/2 BHK flats and 3 BHK row houses, the project aims to provide modern living spaces at affordable prices.
Amrapali Group launches the Amrapali Leisure Valley, an integrated township in Noida Extension, aimed at fulfilling the housing demand in the NCR region.
Navigating home buying involves critical questions, especially on timing. Financial experts recommend careful budgeting and awareness of market conditions to ensure wise investments.
Ireo announces the launch of Victory Valley in Gurgaon, featuring the tallest residential towers in North India with apartments ranging from 2 to 5 bedrooms.
India's real estate market is booming, attracting domestic and international investors, particularly NRIs. Growth in affordable and luxury housing is expected, driven by demand from low-income groups, MNC expats, and NRIs.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Better Options Property (BOP) plans to launch realty boutiques called "BOP Studios" across Indian cities. These studios, modeled as walk-in property shops, target prime locations, recruit thousands of professionals, and aim for multiple projects in various cities.
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
MCHI is hosting the 13th India Realty Expo in Dubai from June 3rd-5th, 2010, to showcase Indian real estate opportunities to NRIs, featuring properties in cities like Mumbai, Pune, Goa, and Bangalore.
India Ranks 39th in Global Retailer Preferences, Up 5 Ranks in 2 Years