Bhubaneswar's outskirts face severe waterlogging due to poor planning and inadequate drainage systems, impacting high-rise buildings and new residential areas.
L&T secures a Rs 1,337 crore contract from DLF for 'The Crest,' a new residential project in Gurgaon, featuring 765 units with 250 already sold.
Environmental activists surveying Mulayakad island in Kochi discovered significant mangrove destruction by real estate developers encroaching on Vembanad lake for development.
The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.
Arjun Kapoor will spend a week in Gurgaon to promote his film Aurangzeb, emphasizing the city’s real estate narrative and engaging with local residents.
CREDAI NCR aims to regulate property dealers and boost home sales by mandating disclosure of saleable and carpet areas in brochures, introducing lock-in periods for resale, and imposing higher transfer charges.
The housing ministry has suggested implementing a single-window clearance system to expedite project approvals. This move aims to reduce property prices by lowering builders' preservation costs.
Indian real estate players anticipate the Finance Minister's budget to lower construction finance costs, boost the sector, enable affordable housing, and expedite project clearances.
NGT's groundwater ban for construction halts Noida, Greater Noida projects. Builders await clarification, while homebuyers worry about rising costs and project delays.
Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.
Nitin Gadkari and Purti Group face allegations of a real estate scam involving farmers' land. Arvind Kejriwal, leader of India Against Corruption (IAC), accuses Gadkari of wrongdoing.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
The RBI's decision to cut key lending rates by 50 basis points is seen as a significant boost for the real estate sector, benefiting both developers and home loan customers.
Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.
Unity Infraprojects, with a healthy order book and strong balance sheet, presents a good investment opportunity. The company is poised to unlock value from its 9 million sq ft real estate projects across India.
DLF Garden City, Lucknow, wins "Integrated Township of the Year – North India" at Realty Plus Excellence Awards 2012. The township boasts eco-friendly infrastructure and international living standards.
Realty leaders express disappointment over budget allocations for housing, calling for stronger support for affordable housing initiatives.
SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.
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.
The real estate market sees a surge in demand for 2BHK apartments, mainly driven by middle-income, nuclear families and first-time buyers.
Jai Prakash Sports International offers 153 sq. yd. plots at competitive rates with varying down payment plans for prospective buyers.
Sunil Mantri Group and Kumar Yashraj Group have launched 'The Square' in Sholapur, blending residential, commercial, and retail spaces for a premium urban experience.
Tata Housing received the Best Developer award for CSR at the Cityscape Awards, highlighting its commitment to societal welfare and contributions to Indian real estate.
Emaar MGF Land launched Palm Hills, a mid-income housing project in Gurgaon's Sector 77. The project offers around 1250 units of 3BHK and 4BHK apartments, priced from Rs 48 lacs.
Nariman Point faces significant upheaval as the BMC increases taxes for building societies, raising rateable values by up to 10 times for several properties.