Shobha Limited has initiated the handover process for the first phase of its International City project in Gurgaon, highlighting luxury living in a challenging real estate market.
Worli's Shivshahi housing society gets 2.8 FSI for redevelopment, allowing construction of three towers, including a 42-story skyscraper for existing residents and two 38-floor towers for sale.
MHADA plans to redevelop Motilal Nagar Housing Colony in Goregaon, offering 600 sq ft flats to existing residents and constructing 32,000 additional affordable units.
Lucknow is emerging as a prime real estate hub due to infrastructure growth and connectivity. IT city and international stadium boost investment and housing demand.
Pallavaram in Chennai sees a significant rise in property prices due to its proximity to major IT hubs, making it a top choice for home buyers and investors.
Yamuna Expressway Authority has submitted a revised draft of Master Plan 2031 for the development of the first phase, with significant residential and infrastructure plans.
Union Housing Minister Ajay Maken advocated for a review of the FSI policy in Mumbai and other major Indian cities to boost affordable housing development, suggesting increased FSI rates.
Ahmedabad's Urban Development Authority (AUDA) is poised to unveil a new development plan on February 1st, boosting the floor space index (FSI) by up to 30% and facilitating taller buildings across 68 villages.
Koramangala in Bangalore is expected to give investors higher returns. Due to limited availability of vacant spaces and high demand, property prices are expected to increase.
Tata Housing has won five prestigious Asia Pacific Property Awards 2012, including the five-star award for La Montana, reaffirming its leadership in residential real estate.
TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
Cable Corporation of India announces entry into real estate with a Rs. 1000 crore investment for Rivali Park, a mixed-use project in Borivali, Mumbai.
Godrej Industries partners with Godrej & Boyce and Godrej Properties to develop Vikhroli property via a new SPV, potentially before the Urban Land Ceiling Act is repealed.
Dax Properties is developing a luxurious 18-hole golf retreat in Shadnagar, investing ₹500 crores to create villas and promote golf tourism in the region.
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.
Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.
Bombay Dyeing announced plans to develop 800,000 sq. ft. of property in Mumbai, including a high-rise for commercial and residential use, with potential sales in two years.
Developers offer discounts, freebies, and value-added items to attract buyers amidst rising interest rates and inflation.
Ansal Properties has unveiled a massive 2500-acre township, The Megapolis, in Uttar Pradesh, targeting expansive growth and extensive facilities despite current market slowdowns.
Indore's real estate innovation: Silver-springs project attracts FDI, features themed enclaves and exclusive defense housing.
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.
Mumbai-based Sunil Mantri Realty plans $100 million investment in Malaysia's first MSC Cyberport project in Johor.
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.
Lodha Group secured a ₹250 crore investment from HDFC for a project in Hyderabad, marking the fourth investment from PE funds totaling over ₹2,400 crore.
Ishaan Real Estate Plc has leased 577,000 sq. ft. of office and retail space, predicting strong progress in construction and pre-selling residential units in Mumbai.