Bangalore real estate sees continued price increases due to IT boom, BPO sector, infrastructure, and migration. Experts advise buyers to wait for prices to stabilize.
Suburbs are now preferred for real estate investment due to changing lifestyles and job availability. Gurgaon and Noida exemplify this trend, offering quieter, cleaner, and more relaxed environments.
The depreciating rupee has increased demand for residential properties from NRIs, particularly in Mumbai. Developers are also offering discounts due to liquidity concerns, making properties more attractive.
Pune's real estate market has attracted significant private equity investment, primarily in the residential sector, driven by the city's IT industry growth and proximity to Mumbai.
Bangalore transformed from a seasonal racing town to a year-round economic hub after becoming the capital of the Kannada state. It faces infrastructure strains due to rapid growth.
Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.
DLF shares increased by 3.2% after Goldman Sachs upgraded the stock's rating to "buy", citing increased residential launches and commercial property recovery.
RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.
Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.
JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.
Real estate developers clash with Maharashtra government over mandatory 20% EWS housing reservation in new projects.
Gulshan Homz announces the launch of Gulshan Ikebana, a luxurious residential project at Sector 143B, Noida Expressway, featuring extensive high-rise apartments and numerous amenities.
Real estate developers anticipate Union Budget 2012 to bring pragmatic provisions, including increased infrastructure funds for housing and removal of service tax on residential construction.
CCI accuses DLF of unfair conditions on Magnolia home buyers in Gurgaon, echoing previous cases.
NRIs are investing in residential real estate in large Indian cities, drawn by financial stability and a desire to stay connected to their motherland. This trend is driven by both emotional and investment motives.
Jaipur Tourism City, a 400-acre mixed-use destination resort, promises to be India's first vacation city featuring retail, hotels, attractions, and residential spaces.
DDA simplifies lift installation in Delhi apartments, easing the burden on residents. No longer needing unanimous consent, most flat owners' approval suffices.
Allahabad High Court grants Noida Authority two weeks to resolve the farmer crisis, potentially benefiting all parties involved.
Developers offer 'monsoon discounts' to boost sales during lean season, with discounts ranging from 10-20% in cities heavily affected by monsoon.
Rising family incomes make Indian hill stations attractive for residential purposes, with 37% of survey respondents seeking homes for self-use.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
Real estate transactions dip during summer months due to heat, vacations, and auspicious beliefs. Launches are lowest in Q2, peaking in Q3 with over 41% of new highrise apartments.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
BCIL launches Zed Woods and Zed Earth residential projects in Bangalore. Zed Earth offers villas priced between Rs 1.5 to 4 crore, while Zed Woods offers apartments from Rs 25 lakh to Rs 80 lakh.