Brys Group is set to construct the 300 m tall Brys Tower in Noida as it seeks to address the growing land shortage for residential projects in the area.
India's real estate growth sparks concerns over rising energy consumption, with buildings accounting for 32% of total electricity usage, prompting calls for better implementation of Energy Conservation Building Code
Labor shortages in Greater Noida, Noida, and Yamuna Expressway delay housing projects, impacting real estate builders and homebuyers. Government schemes like JNNURM and NREGA, while successful, are blamed for limiting labor migration.
CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.
The Allahabad High Court halted construction on residential projects in Noida Sectors 120 and 75 after farmers petitioned, alleging improper land acquisition processes.
Continued population growth in India creates a pressing need for additional housing, with major cities demanding over 2.1 million new units by 2016.
The Allahabad High Court has dismissed a review petition by Noida and Greater Noida authorities regarding NCR Planning Board approvals, delaying flat possessions. Relief for buyers as villagers' petition to quash land acquisition fails.
Godrej Properties experienced its worst quarterly performance since 2010, reporting a drop in profit and subdued sales, but management remains optimistic about future growth.
Infinite India Investment Management invests $13 million in Kumar Urban Development's Pune residential project
Paracor Capital invests $20Mn in Hallmark Infrastructure's Chennai residential projects
The state government will implement its affordable housing policy on April 15, requiring builders to reserve 20% of land for small-sized housing, despite some reservations.
Jaypee Infratech launches Jaypee Greens Yamuna Vihar in Greater Noida, offering residential plots with discounts.
Noida Extension developers to refund buyers with interest, offer alternative projects
The Supreme Court upheld the Allahabad High Court's order nullifying Greater Noida Authority's possession of land in Shahberi Village, affecting several builders.
Mangalore real estate firms commit to booking prices despite rising costs and dipping ROI.
Texas Pacific Group Capital acquires 15% stake in Shriram Properties for INR 450 crore, valuing the firm at over INR 2,700 crore.
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Fire Capital aims to raise $100 million to invest in housing projects across tier-II and tier-III cities in India, addressing severe residential shortages.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
Alembic Enters Real Estate with Alchemy Real Estate, Launches Residential Project Shangri-La
Realtors shift focus to luxury housing due to increasing demand, with major developers planning high-value projects across Indian cities.
Noida Extension: Emerging Hub with Prime Location, Connectivity, and Affordable Housing
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
Provogue India ventures into real estate with a 300,000 sq. ft. project in Aurangabad, combining residential and mall spaces. This move mirrors similar ventures by other textile companies.
Better Option Propmart (BOP) plans to launch 15 real estate boutiques across North India, offering free consultations and a consumer-durable shopping experience.