The Naveen Patnaik Government’s failure to help companies secure land has delayed 14 mega industrial projects worth Rs 2 lakh crore.
Homebuyers can now check if the land under their building is encumbrance-free after RBI's recent directive requiring builders to disclose mortgage status.
Indiareit Fund Advisors is launching a Rs 500 crore real estate fund aimed at investments in residential projects across Mumbai, New Delhi, and Alibaug.
Madhur Bajaj, vice chairman of Bajaj Auto, plans to sell a significant portion of his land holdings under Emerald Acres, citing no interest in real estate development.
Direct Taxes Code proposes changes to taxation of house property income, shifting from potential to actual or presumptive rent, calculated as 6% of rateable value or acquisition cost.
Textile company Raymond plans to enter the real estate sector with a residential project in Thane. The project aims to develop surplus land and will be funded by internal accruals, pending shareholder approval.
El Forge Ltd. is selling its Thuraipakkam land for ten crore rupees as part of a restructuring, aiming for substantial profit to improve its financial situation.
City Corporation introduces apartment exchange scheme for Amanora Park Town project in Pune.
Textile companies are increasingly venturing into real estate development, including Bombay Dyeing and Century Textiles, as the sector experiences a resurgence.
Mafatlal Industries plans to sell an 85,000 sq ft property in central Mumbai to revive its operations, with bidding expected to start soon.
Maytas Properties aims to secure liquidity through potential partnerships, as negotiations with lenders and developers progress, according to Government-appointed Director Ved Jain.
15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.
Mumbai developers are focusing on premium residential properties as the market recovers, with high-value transactions ranging from Rs 5 crore to Rs 35 crore.
Oberoi Constructions plans IPO launch in Q1 next financial year to fund growth
Andhra Pradesh plans to generate ₹3,000 crore from land sales, driven by signs of economic recovery. The proposal involves the APIIC and HMDA.
Delhi's real estate is booming due to increasing demand from students, tourists, and businesses. Factors like location and accessibility influence property prices, with areas near landmarks and transport hubs being highly sought after.
India's real estate recovery, driven by residential segment, is surprisingly led by investors, not end-users, with many seeking to book profits this Diwali.
Builders face no penalties for late flat delivery if the contract lacks a specified completion date, a consumer commission ruled.
Mumbai's realty market sees price hike of 5-15% across developments, with high-end flats in Mahalaxmi selling at ₹25,000/sqft, a 25% rise from comparable properties.
HDFC Property Ventures and Temasek are negotiating a potential Rs 625 crore investment in Prestige Group, which seeks a business valuation of $1 billion.
Building age significantly impacts rental value. Older buildings, especially those over 20 years old, lose market value due to outdated fittings and reduced elegance.
Recovery in realty market visible with rate cuts, attractive offers, and increased property registrations in major cities.
The real estate market is experiencing a revival, with increased demand leading developers, including DLF, to raise project prices, benefiting both buyers and sellers.
India's real estate sector is set to thrive due to economic growth, with developers focusing on affordability and smaller apartments to attract buyers.
The real estate industry is rapidly evolving, prompting investors to stay informed on trends in residential and commercial properties for optimal decision-making.