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.
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.