Pune is experiencing a surge in integrated township developments due to the Maharashtra government's Special Township Policy Act. Several large-scale projects are underway, transforming the city's landscape and offering substantial investment opportunities.
Kerala's real estate is attracting NRI investment, with a property expo in Doha showcasing township and residential projects. Driven by a growing IT sector and Gulf buyers, the market shows a strong upward trend.
Real estate developers are offering incentives like "No EMI till possession" and "EMI holidays" to boost sales amid a sluggish market. These offers aim to attract end-users by easing the financial burden until project completion.
Real estate companies are increasingly investing in hospitality projects due to a perceived oversupply in residential and commercial markets. Driven by rising room rates and limited supply, developers view hospitality as a stable income source.
Deyaar Development has canceled its partnership with Ansal Properties to develop a project in India amid ongoing financial investigations into the company.
Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.
Global architects are entering the booming Indian real estate market. Renowned firms like Foster + Partners and HOK are collaborating with Indian developers on large-scale projects, signaling a new era of design and development.
India's dollar millionaires are projected to reach 411,000 in the next decade, driven by a growing affluent class and shifting investment trends towards financial instruments.
Pune property prices hiked by Rs50-400 per sq ft, but sales dipped despite builder expectations. Registration figures indicate a market slowdown, contrary to builders' claims.
The Hinduja family plans to invest $50 billion in various sectors, including real estate, in India and abroad over the next five years.
Nirmal Lifestyle plans to invest $5 billion in developing five townships in India, aiming for significant returns while targeting the affordable housing market.
Zero-rent housing, popular in Vasai-Virar, requires hefty deposits of Rs. 2-5 lakh, refundable upon lease end. This attracts tenants, especially newlyweds and those with transferable jobs, and allows owners to reinvest.
The Indian real estate sector is evolving, requiring a diverse skill set to support its growth in sustainable development and specialized infrastructure needs.
Emaar MGF is negotiating $800 million investments from Goldman Sachs, Deutsche Bank, and another investor in three SPVs, enhancing their development projects amid market challenges.
Realty stocks surge in afternoon trade, with BSE Realty index up 3.7%. DLF leads with a 7% gain, followed by other prominent players like Unitech and India Bulls Real Estate.
India's rapid economic growth positions its real estate sector as a lucrative investment opportunity for both local and foreign investors.
Piya Charitable Trust, Chandigarh, provides free primary education, healthcare, and vocational training to 180 children of construction workers in Zirakpur, Panchkula, and Silver City.
Hyderabad-based SatyaVani Green Homes invests $10M in Udhodayam Green Homes, a 12-acre, 1800-unit green township on the Hyderabad-Warangal highway. The project emphasizes eco-friendly construction and renewable energy.
BPTP Ltd has requested an extension to pay the first installment for acquiring 94 acres in Noida due to a liquidity crunch amidst financial market turmoil.
Twenty-three prominent real estate firms, including Reliance and DLF, are vying for the Thatipur project in Gwalior, with bids closing on May 7.
St Xavier’s College in collaboration with CREDAI plans to launch a one-year postgraduate diploma in real estate management to meet growing demand.
Rakindo Developers Pvt Ltd is launching Kovai Hills, an integrated township in Coimbatore, with an investment of Rs 6,000 crore, featuring luxurious villas and world-class amenities.
Chandigarh hosts the "Construction Organizers Show 2008" from October 2nd-5th, showcasing building, construction, and real estate innovations. This exhibition unites government and private sectors, anticipating 200,000 visitors.
DLF is launching a new residential project, DLF Garden City, near Panchkula, Chandigarh. The project will offer 2, 3, and 4 BHK apartments across 34 acres, with additional amenities like a clubhouse, schools, and a hospital.
Parsvnath Developers sold a 30% stake in its Mumbai project for 1.86 billion rupees to foreign funds, enhancing investor interest in India's real estate market.