ING Group NV launches new Asia real estate fund in Hong Kong focusing on listed REITs and real estate companies.
Real estate firms call for tax cuts and controlled material prices in the upcoming budget to stimulate the struggling sector and benefit buyers.
Noida's Sector 119 is attracting builders and homebuyers, with projects by Eldeco, IVRCL, Gaursons, and Amrapali offering various amenities and strategic location advantages near key infrastructure.
Concorde Group is building "Concorde Manhattans," a new housing development in Bangalore’s Electronic City, hoping to attract Wipro employees with its American naming scheme and prime location.
Healthcare real estate is booming in India, with projections of $50.2 billion turnover by 2011 and $1.5 billion medical tourism industry by 2010. Major players are investing in developing health cities.
The disparity between homeowners and tenants in Mumbai is stark, with rising rental prices reflecting the booming real estate market, according to industry experts.
India's upcoming budget, the last before general elections, is expected to be populist, focusing on voter appeasement through tax reductions and increased social sector spending.
Ahmedabad's real estate market is booming, with property prices doubling in two years, attracting investors like NRIs. Increased demand due to new companies and town planning has fueled this rapid growth.
Greater Noida Authority will soon launch a new housing scheme with 5,000 single-story units priced around Rs 30 lakh each, featuring relaxed payment terms and expandable designs.
Fitch Ratings predicts positive growth for the Indian construction sector in 2007-08, driven by infrastructure and real estate investment. Profitability is expected to surge from 2009.