DDA's 2008 housing scheme in Vasant Kunj, South Delhi, remains largely unoccupied due to lack of basic amenities like water and electricity.
Scope for small real estate investors is limited compared to institutional investors in India, but investing in rent-generating assets can still bring decent returns.
Raheja Universal, rated by CRISIL, plans to develop 70 million sq ft in Mumbai, consisting of 26 million sq ft commercial and 44 million sq ft residential.
In 2009-10, banks showed mixed responses to lending in real estate, with ICICI reducing lending while others increased, impacting residential and commercial sectors differently.
Brigade Enterprises to raise ₹750cr via FCCBs, ADRs, or GDRs for land acquisition, debt clearance, and more.
HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
Amrapali Group announces new project, Amrapali Leisure Valley, featuring luxurious independent villas in Noida Extension, spanning 71 acres with leisure facilities.
Senior housing is emerging as a promising real estate sector in India, driven by changing mindsets, financial independence, and a growing senior population.
Rising realty costs trouble homebuyers, 30% price hike since Aug 2009, experts anticipate 15% correction for market buoyancy.
Around 44% of the population earns between Rs 8,500 and Rs 40,000 monthly. Are affordable homes truly accessible to this segment, especially with financing challenges? Expert Arun Mohan proposes solutions in his book "Affordable Housing: How Law and Policy can make it possible."
Residential markets in major Indian cities like Mumbai and NCR saw significant value appreciation in late 2009, driven by an economic slowdown that favored affordable housing.
Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.
Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.
Omaxe Ltd plans to raise property prices and launch four new projects, investing fifteen billion rupees with projected revenues of 23 billion rupees over 30 months.
Mumbai anticipates highest residential demand, while Bangalore leads in office and retail space. Pune shows strong retail growth potential.
Shriram Properties and Career Launcher will open 25 Indus World Schools in townships across Bangalore, Chennai, Kolkata, and Visakhapatnam by 2010.
Ansal Properties to invest twenty billion rupees in affordable housing this fiscal year, marking the final installment of a sixty billion rupees investment for developing nineteen integrated townships.
The government is preparing guidelines for PE funds to participate in the housing sector under the Rajiv Gandhi Awaas Yojana, aiming to create a slum-free India with over 10 lakh houses.
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.
Mumbai Sees Rapid Residential Price Growth, Tops at Rs 97,842/sqft
India's real estate recovery, driven by residential segment, is surprisingly led by investors, not end-users, with many seeking to book profits this Diwali.
Builders face no penalties for late flat delivery if the contract lacks a specified completion date, a consumer commission ruled.
Building age significantly impacts rental value. Older buildings, especially those over 20 years old, lose market value due to outdated fittings and reduced elegance.
Amrapali Group plans to invest Rs.15,000 crore over five years for various projects, including a new 400-unit housing initiative in Ghaziabad.
Piramal Sunteck Realty acquired two plots in Navi Mumbai for residential and commercial development, with three others sold to different developers.