Hyderabad real estate anticipates increased demand for transit-oriented residential units due to the proposed Metro Rail project, impacting property prices and development.
Continued population growth in India creates a pressing need for additional housing, with major cities demanding over 2.1 million new units by 2016.
The report outlines Chennai's real estate market dynamics, emphasizing service tax changes, ECB, and a projected influx of 67,500 residential units within three years.
DLF announces special discount scheme for government and defence staff for purchasing residential units across various projects.
Inno Real Estate launches its first self-developed residential project, GeoCity, a 131-acre township in Oragadam near Chennai, featuring 4,000 units and amenities.
Marib Holdings LLC announced a Rs.18,400 cr. ($4 billion) space city project in Chikkaballapur, 90 km from Bangalore, to feature residential, business, and entertainment options.
TDI plans to invest ₹1,000 crore in affordable housing in NCR over the next three years, driven by renewed demand and successful recent sales.
A Middle Eastern developer predicts the Indian real estate market will reach $60 billion by 2010, highlighting opportunities, especially at Cityscape India 2008.
Mumbai is set to alleviate its housing crisis with a new 35,000-unit rental project in Tiwri village by Dhanashree Developers, aimed at Maharasthrians with low income.
Matheran Realty plans to launch a 15,000-unit residential project in Karjat, Mumbai, priced at Rs 999 per square foot, utilizing a lottery system for sales.