Tamil Nadu's CM announced a new airport near Hosur, benefiting Bengaluru's Electronic City techies. Increased rental prices plague IT hubs like Bellandur.
Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.
Dwarka Expressway significantly boosts Gurgaon's real estate, attracting investors and homebuyers with improved connectivity and infrastructure. Property values and economic activity are expected to rise.
India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.
GIFT City real estate prices surge 10-20% after Gujarat relaxes 60-year liquor ban. Increased demand, tax breaks, and improved infrastructure drive growth in residential and commercial sectors.
Faridabad is emerging as a prime location for luxury residential development, offering larger, more affordable properties compared to Gurgaon and Noida, boosted by infrastructure improvements and increased connectivity.
The Indian real estate market is poised for a major transformation. Economic shifts, government policies, and tech innovation will drive growth and change in 2024.
The Delhi NCR housing market has seen a 57% drop in unsold homes over five years, marking significant growth and stability, driven by infrastructure, demand, and regulatory reforms.
FDI regulations in India for real estate indicate growth projections and increased foreign investment, benefiting the sector's expansion and attracting both domestic and international investors.
A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.
The construction and real estate sector witnessed an 86% surge in employment between March 2023-24, with Delhi, Bengaluru, and Mumbai leading hiring activity.
The Godrej family has agreed to a six-year non-compete clause, except for real estate, following a split. Brand rights have been divided among family members.
India's real estate sector drives economy, undergoes lifestyle-driven transformations, and poised for global leadership with massive growth potential.
Indian home prices are projected to increase by 4-6% this year, driven by rising incomes. CRISIL Ratings anticipates interest rate cuts to spur housing demand and sales.
Elon Musk's Tesla is in talks with major real estate developers for showroom space in New Delhi and Mumbai. The company is looking to rent between 3,000 and 4,000 square feet.
Mumbai's real estate is transforming with the rise of micro-markets like Dombivali and Thane. These areas offer unique opportunities, catering to specific demographics and lifestyle needs, driven by improved connectivity and infrastructure.
Irfan Razack's family wealth hits $1 billion as Prestige Estates Projects shares surge. The company, now India's second-largest, boasts global brand tenants.
Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.
Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.
Indians have become the largest group of property buyers in Dubai, driven by factors such as high rental yields, tax-free investments, and global diversification.
Bengaluru's housing sales fell by 2% in Q1 2024, primarily due to a significant drop in affordable housing, while office space demand remained stable.