Unitech to raise ₹2,500 cr by Jan via asset sales, PE funds & debt transfer to mitigate ₹8,200 cr debt
DLF seeks refund of Rs 235 crore license fees from Haryana government for various projects in Gurgaon to boost cash reserves.
Mumbai developers consider halting new residential projects due to market slowdown, impacting sales and leading to job cuts in the construction industry.
Amidst lending reluctance from banks, real estate developers are turning to lease discounting for ongoing commercial projects, providing banks with guaranteed cash flow and a safer lending option.
Vijay Raheja has launched the Verena luxury villas in Bangalore, with plans for more developments despite market challenges post family business split.
Parsvnath Developers expects to generate Rs. 2.10 billion from a new housing project in Dharuhera, Haryana, set for completion by 2011.
Design Arch to develop Rs 150 crore green tech residential project in Greater Noida, with plans for 10 more across India by 2010-11
QVC Realty to raise ₹600 crore for land acquisition and project development in south India, primarily near new airports in Bangalore and Hyderabad.
Land prices skyrocket on Kona Expressway, NH-2, and NH-6 due to upcoming projects like DLF township and Tata Motors plant, with prices rising six-fold in four years.
HDIL plans to raise ₹1,000 crore for Mumbai airport modernization, relocating 80,000 slum families. This surpasses the Dharavi project in scale and involves a 53-acre plot acquisition for ₹1,900 crore.
Plaza Centers NV has partnered with Elbit Imaging to develop three major projects in Bangalore, Chennai, and Kochi, with a budget of $3.4 billion.
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
DLF continues to excel in the Indian real estate market, shifting focus towards mid-income housing and commercial projects while maintaining impressive growth metrics.
Ratan Tata's decision to relocate Nano car project due to protests over land acquisition exacerbates concerns over West Bengal's industrialization and infrastructure projects.
Ansal Properties and Infrastructure Ltd. plans to establish SEZs in Greater Noida, Haryana, and Rajasthan, alongside residential and commercial projects in various North Indian cities.
Transport Corporation of India (TCI) is venturing into real estate with residential and commercial projects across India, utilizing its extensive land bank.
Jain Housing and Constructions has unveiled its ambitious 'Carlton Greek' residential project, set to feature 1,120 apartments with a total investment of Rs 950 crore.
Berggruen Holdings enters India's real estate market with significant investments in commercial and residential projects amidst a challenging market scenario.
Delhi Development Authority (DDA) plans to redevelop 30 slum clusters with private developers, offering higher FAR for increased profitability, similar to Mumbai's successful projects.
Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
Indian developers are increasingly hiring foreign architects for their projects, seeking a global perspective and expertise. While this offers advantages, some raise concerns about foreign firms' understanding of Indian business complexities.
Unitech raises $300mn from international fund to support residential projects amidst liquidity crunch
SatyaVani Projects plans to raise $150 million from European REITs to fund projects in Hyderabad, Bangalore, and Visakhapatnam.
NBCC, a Government of India undertaking, is in final-stage talks to develop real estate in Dubai and Saudi Arabia. This marks the first time an Indian government entity would develop realty projects abroad.
Vijay and Deepak Raheja have split B Raheja Builders, establishing their own firms. The split, deemed amicable, leads to the division of ongoing projects between them.