Real estate investment in Uttar Pradesh surged 106% between 2008-09 and 2012-13, attracting Rs. 14,000 crore and ranking sixth nationally, according to ASSOCHAM.
Gurgaon faces severe power and water shortages, impacting residents and raising concerns about civic standards. Waste management issues further compound the problems.
Bollywood actor Imran Khan has paid tribute to his grandfather, Nasir Hussain, by naming his renovated ancestral home 'NH Bungalow'. The housewarming party was a star-studded event.
Bollywood actress Sagarika Ghatge has filed a case against a realty firm for using her photos for promotion after their contract ended in 2011.
Water shortages are impacting real estate construction, especially in urban areas. Increased costs for water are driving up property prices and potentially halting projects.
With the decline in gold prices, investors are opting for gold over real estate, causing a shift in investment patterns.
Vasundhara Enclave in Delhi-NCR has the potential to attract end-users but is facing weak demand for housing units. Property prices are stable with low demand.
Bollywood actress Shilpa Shetty enters real estate sector with Groupco Developers, focusing on residential projects, driven by her desire to help middle-class people own homes.
Rajasthan Royals renews contract with Supertech for IPL 2013, marking the third consecutive year of partnership. Both entities express mutual benefits from the association.
Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.
Noida and Greater Noida authorities caution defaulting developers to clear dues or face consequences, impacting flat registrations and home buyers due to financial crunch.
Chennai sees increased demand for resale homes, narrowing the price gap between new and resale properties partially driven by location, connectivity, and amenities.
A proposed 1% TDS on homes exceeding Rs. 50 lakh, outlined in Budget 2013, is set to take effect in June, potentially impacting luxury housing sales.
Budget 2013 to Adversely Impact Luxury Housing Segment with Reduced Deduction Rate
Knight Frank reports India faces severe housing shortages, exacerbated by funding issues in construction. Real Estate Investment Trusts (REITs) offer a viable solution.
BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.
Foreign investors are poised to inject $4-5 billion into the Indian real estate market, focusing on Bangalore, Delhi, and Mumbai, according to Jones Lang LaSalle.
Koramangala in Bangalore is expected to give investors higher returns. Due to limited availability of vacant spaces and high demand, property prices are expected to increase.
Hyderabad sees rising affordable housing sales, becoming a top affordable market in India. New projects and infrastructure boost this demand, attracting buyers and investors.
Cushman & Wakefield reported a 16% decline in new home launches across India's top eight cities in 2012, with the majority of launches targeting the middle-income segment.
The real estate sector anticipates a prosperous 2013, following a challenging 2012 marked by slow market activity. Experts are optimistic, citing potential from policy changes and investments.
India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.
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.
Removing the cap on loans has boosted NRIs' desire to invest in Indian real estate. Approx. 90% of NRIs in UAE prefer real estate investment in India.
Ulwe in Mumbai projected for a 145% price hike, making it a top real estate investment destination along with other cities like Pune, Bangalore and Delhi-NCR.