Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.
Jaypee Greens launched Kasa Isles, a Mediterranean-inspired residential project in Noida, featuring 2000 apartments ranging from studio to 4BHK.
Jaypee Group launches Jaypee Greens Kensington Boulevard in Noida's Sector 131, offering 1-4 bedroom apartments within the Wish Town project.
Delhi's Commonwealth Games Village, a partnership between Emaar MGF and DDA, features 34 towers with 1168 flats, eco-friendly features, and state-of-the-art amenities. Post-games plans are uncertain amidst environmental concerns regarding its impact on the Yamuna River.
Demand for 2BHK residential apartments surges, driving developers to shift focus, with up to 60% of inventories now comprising two-bedroom units.
Unitech launches Unihomes, affordable 1 & 2 BHK apartments in Kolkata, starting at ₹18 lakhs.
Mumbai flat prices predicted to drop further, brokers advise waiting. Developers disagree, stating prices have stabilized after a 5-20% decrease.
Marutham Group launches its first venture, Marutham Gateway, in Pettah, offering 2 & 3-bedroom apartments with numerous amenities. The Chennai-based group has projects across South India and a reputation for timely delivery.
Gurgaon real estate is booming with both commercial and residential properties, offering diverse options for investors and residents alike.
Golden Gate Properties launches affordable housing project, 'The Commune', in Bangalore promising 995 sq ft flats for Rs 19 lakh. The project includes facilities such as a retail center, school and club-houses.
GA Builders, part of RNA Corp Group, is redeveloping Subhash Nagar Colony in Chembur, Mumbai, providing new homes for over 1950 families with extensive amenities.
Mumbai suburbs to see 10-20% property price drop by March 2009, Jones Lang LaSalle Meghraj predicts, citing excess supply beyond Borivali, Thane, and Navi Mumbai.
Matheran Realty's lottery-style sale for 2,000 affordable flats in Karjat, priced at Rs 3 lakh, with funding from Eredene Capital and technical support from Sterling Construction Systems
India's real estate is booming, but fire safety awareness is lagging. Experts note a shift, with builders and consumers seeking better protection beyond basic requirements.
Indian real estate developers are increasingly recruiting B-school grads, offering competitive salaries and senior roles to enhance their professional image and meet growth demands.
Nanded City Pune's Phase 1 Closes, Phase 2 Launches in Dec 2008
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.