Shares of Mumbai-based real estate firms fell sharply following reports of a proposed stamp duty hike by the Maharashtra government, prompting concerns over market demand.
India's real estate industry hopeful for relief in Budget 2012, seeking industry status, tax revisions, and affordable housing incentives.
India's revised Direct Tax Code (DTC), effective 2011, simplifies income tax laws, impacting real estate. Key changes include taxing actual rental income and retaining home loan interest deductions up to ₹1.5 lakhs.
A high-end apartment in Gurgaon has been leased for Rs 1.2 lakh per month, reflecting the ongoing demand for rental properties in the region.
Affordable housing concept emerged as a ray of hope in India's residential realty market after economic recession, aiding its early recovery.
IL&FS private equity plans to boost investments in infrastructure and real estate, increasing commitments significantly by FY10's end, highlighting bullish market outlook.
The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.
Indian real estate market remains attractive for NRIs, with regulatory framework permitting them to buy immovable properties, excluding citizens of certain countries.
Investors are returning to the real estate sector, driven by long-term capitalization and expected growth. However, current investments are lower compared to pre-recession levels.
Demand for super luxury housing in India, ranging from Rs. 4 cr to Rs. 30 cr, has surged by 30-40%, prompting developers like Lodha, Orbit, and Skyline to focus on boutique homes.
High Net worth Individuals (HNIs) increasingly invest in commercial properties in India, despite banks' reluctance to offer loans for such purchases due to high default rates.
MCHI's Property 2009 exhibition in Mumbai showcases properties from 75+ developers. Co-organized by SBI, it features financing offers for aspiring homeowners in Mumbai, Thane, Navi Mumbai, and Pune.
Century Real Estate launches ‘Century Indus’ affordable housing project in Bangalore, offering apartments in the Rs 20-30 lakh category.
City Corporation introduces apartment exchange scheme for Amanora Park Town project in Pune.
Mumbai developers are focusing on premium residential properties as the market recovers, with high-value transactions ranging from Rs 5 crore to Rs 35 crore.
Real estate prices are unlikely to rise in the next six months, with a significant increase in residential property sales expected, according to Niranjan Hiranandani of Hiranandani Group.
Delhi's real estate is booming due to increasing demand from students, tourists, and businesses. Factors like location and accessibility influence property prices, with areas near landmarks and transport hubs being highly sought after.
The real estate industry is rapidly evolving, prompting investors to stay informed on trends in residential and commercial properties for optimal decision-making.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
Exploring factors impacting the real estate market, with a focus on the mid-market residential segment's recovery and the shift towards affordable housing.
PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.
Real estate developers in Mumbai plan to target NRI buyers in the UAE to boost sales. Rupee depreciation and declining prices are seen as potential advantages for buyers.
Rental property investments are gaining traction in India as home sales slow, with Hyderabad showing mixed trends in both sales and rental demand.
Indiabulls Real Estate shares surged following RBI's interest rate cut, enhancing optimism for residential property demand, alongside notable gains for Educomp Solutions and IDFC.
Rising property prices and interest rates have led to reduced affordability in residential properties, prompting developers to introduce various incentives and innovative schemes to boost sales.