The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.
Mumbai is emerging as a focal point for DLF and Unitech, as both firms work to revive halted projects along with affordable housing initiatives.
DLF's plans to buy out DE Shaw's investment in DLF Assets may face hurdles due to a FEMA rule classifying fixed-return equity investments as debt.
Foreign developers target Indian High Net Worth Individuals (HNIs) as India's economy is projected to be the world's third largest by 2050, leading to a rise in wealthy individuals.
Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.
Shivalik Group, a leading real estate firm in Gujarat, aims for global expansion while maintaining strict quality in its projects and relationships.
Research & Markets has released the 2009 Worldwide Real Estate Property Managers Industry Report, providing key statistics and forecasts for the sector across 47 countries.
Franklin Templeton raises $383 million Asian real estate fund to capitalize on distressed assets in Hong Kong, Singapore, and other Asian markets.
The Planning Commission plans to introduce new schemes for real estate in its mid-term appraisal, aiming to prioritize affordable housing amidst sector challenges.
Ambuja Realty is expanding into real estate, hospitality, life care, and education despite the economic slowdown. The company has invested ₹1200 crore in projects since its inception.
Mumbai flat prices predicted to drop further, brokers advise waiting. Developers disagree, stating prices have stabilized after a 5-20% decrease.
The Satyam scandal may negatively impact India’s real estate sector, with significant concerns centered on commercial and residential space vacancies amid IT industry challenges.
Real estate companies are promoting 2-bedroom apartments for around Rs 20 lakh to revitalize the housing market, leveraging lower home loan interest rates. However, buyers should be wary of hidden costs and remote locations.
Sahara Prime City engages construction firms for residential projects within Sahara City Homes, part of its 217-township initiative across India. Initial development focuses on 102 cities, including Lucknow, Nagpur, and Indore.
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.
Uttaranchal's real estate is vying for foreign investment amid rapid growth, buoyed by favorable government policies for developers in Dehradun's burgeoning market.
Hirco shareholders clash over restructuring proposal involving the merger of two Hiranandani-owned real estate subsidiaries. The move faces opposition, with some investors concerned about the Hiranandani group gaining majority control.
Akruti Developers introduces the Afallon project featuring serviced studio apartments in Whitefield, Bangalore, with an enticing rent guarantee scheme for investors.
Unitech plans to raise $300-500 million through convertible debt to repay Rs 2,700 crore debt, already seeking $200 million from residential projects.
Unitech Ltd seeks to raise up to Rs 5,000 crore through securities issuance, alongside increasing share capital to Rs 1,000 crore amid an ongoing debt reduction strategy.
Landmark Special Opportunities Company and Landmark Real Estate Fund are acquiring a 60% stake in Forum Ventures for nearly Rs 100 crore, amid a challenging market.
PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.
Exploring real estate as a safe and high-yielding investment option, considering factors like property type, legalities, and taxation.
Premium hotel room rates drop 25% due to occupancy decline. Hotels target steady segments like cabin crews and long-stay programs to combat the slowdown.
Satyam Computer Services reverses decision to diversify into real estate and infrastructure after shareholder protests