Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.
Golf courses are becoming a sought-after amenity in Mumbai's high-end housing projects due to increasing demand and changing lifestyle aspirations.
India holds the 20th position in global real estate investment, with $3.4 billion received last year, signaling potential growth in 2013.
JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.
The Delhi Development Authority (DDA) has approved its budget for 2013-14, prioritizing affordable housing and green space preservation, with plans to develop over 3000 EWS houses.
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.
Blackstone anticipates a substantial profit of approximately ₹210 Cr from its joint venture with Embassy Property Developments in Bangalore, marking a significant Indian real estate investment.
Embassy Group in talks with JP Morgan for Rs.500 Cr real estate fund for two Bangalore projects.
Maxxed Realtor, a Gurgaon-based real estate advisory firm, launches Maxxed.in to expand services to NRIs. The user-friendly website offers information on various investment options, including projects by IREO, DLF, Tata, and Adani.
Disney India launches 'theme home' concept utilizing Disney characters, sparking global interest for Walt Disney Company.
CREDAI expresses reservations regarding the potential success of MIDC's updated SEZ policy, which allocates additional land for housing development. They insist concessions must be offered.
MIDC's new industrial policy allows 40% of SEZ land for residential projects, potentially generating ₹3.08 lakh Cr in revenue and boosting industry growth in Mumbai.
The Competition Commission of India (CCI) is probing five real estate firms, including DLF, for alleged anti-competitive practices, with DLF already facing a hefty fine.
Finance Ministry plans to bolster the real estate sector by facilitating bank loans for builders with stalled residential projects, aiming to revitalize the sector and stimulate economic growth.
Adani Realty partners with M2K to launch Oyster Grande, a premium housing project in Gurgaon, with an estimated investment of Rs.1000-Crore
CREDAI urges real estate developers to lower property prices to address high unsold inventory, amidst suggestions from Finance Minister P Chidambaram for economic revival.
Bombay Realty is showcasing its Island City Center project at the Dubai Indian Property Show. The project in Dadar, Mumbai offers luxury residences, commercial spaces, and amenities, targeting NRIs and HNIs.
Real estate values are correlated with the presence of reputable schools. High-reputation schools increase property value due to parents prioritizing proximity for admissions and convenience.
Indiabulls Real Estate Ltd. is opening its first overseas office in the UAE to assist UAE NRIs in property investment. The company plans expansion to Qatar, Saudi Arabia, and Bahrain.
Demand for luxury homes in India is surging, driven by NRIs, evolving lifestyles, and festive offers. Major cities see high demand for homes exceeding ₹20 crore, prompting developers to launch luxury projects.
Gurgaon's real estate market saw a surge in new residential projects during the festive season, fueled by reduced interest rates. However, increased prices deterred some buyers, despite high demand and attractive payment schemes for investors.
Bollywood superstar Shahrukh Khan has become the brand ambassador for NCR-based real estate developer Mahagun, marking his first endorsement in the real estate sector.
Illegal sand mining is becoming a major issue in Noida, affecting real estate construction and the environment. Villages near residential projects are prime spots for this activity.
Gurgaon farmers allege land grabbing by real estate developers with the consent of the Authority. They claim that government urbanization plans are meant to benefit developers, not farmers.
Noida farmers call off strike, allowing builders to resume halted work, after Noida Authority assures to meet their demands within 5 months.