CapitaLand to Exit Indian Real Estate Market, Plus UK and Australia
Odisha real estate builders fear market slowdown due to recent scams. CREDAI-Odisha Chapter forms scrutiny committee to restore trust.
Spain's new residency scheme attracts foreign real estate investors by allowing residential property purchases. Portugal and Ireland consider similar plans to boost investment.
This year's festive season did not uplift the struggling real estate market, with residential sales falling by 8.5%, attributed to high prices and interest rates.
Deccan Chronicle Holdings plans to sell the IPL franchise Deccan Chargers to Kamla Landmarc Real Estate, amidst ongoing court proceedings and shareholder approvals.
Robert Vadra's real estate empire, built with soft loans from DLF, faces accusations of irregularities, sparking questions about his business dealings.
Reliance Capital plans to launch a ₹1,000 crore real estate-focused fund by 2012's end, targeting stalled projects in key Indian cities, despite recent market challenges.
The real estate landscape in Noida is increasingly skewed towards luxury developments, leaving middle-income groups struggling to find affordable housing options.
Koramangala, once overlooked, has transformed into a prime real estate hub in Bangalore, with rising rentals and limited commercial space, reflecting its growing desirability.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
India's Real Estate Regulation Bill delayed, key changes made to draft, including reduced area size for compulsory registration
Sakal Pune Property Show leverages Gudi Padwa festivities to boost real estate sales, offering discounts and attractive deals to buyers amidst positive market sentiments.
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.