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.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund
Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.
Sahara Prime City announces a mega township project in Coimbatore, featuring nearly four thousand new homes including apartments, houses, and bungalows.
Millennium Spire Ltd (MSL) plans to invest $200 million in Indian real estate, focusing on mixed-use complexes, IT parks, and residential/commercial projects in NCR and Coimbatore.
Mahindra & Mahindra is considering real estate and IT investments in West Bengal through Mahindra Life Space and Mahindra World City, focusing on residential and SEZ development.
Ansal API and Raheja Developers are investing substantially in SEZ projects to revive a sluggish real estate market, with ambitious plans across multiple states.
Tata Housing enters the North Indian real estate market with Raisina Residency in Gurgaon, featuring luxury apartments designed by Aedas, aiming for significant developments nationwide.
Sunil Mantri to invest Rs 2,000 crore in developing 2,000-acre residential project in Gwalior.
Ambala in Haryana is seeing a rise in real estate activity with new housing schemes and commercial projects, driven by major developers eyeing expansion in the area.
Real estate companies in India are facing challenges with rising costs and sluggish demand, raising concerns over financing transparency compared to their Chinese counterparts.
Amarpali Group, led by MD Mr. Anil Kr. Sharma, has successfully ventured into SEZs with international-class 4-5-star hospitality projects in multiple cities.
HDFC chairman criticizes developers for not differentiating between super built-up and carpet area, misleading buyers. Industry experts discuss varying building bylaws and the unavoidable inclusion of FSI-free areas in property pricing.
Indian real estate market slump impacts London's AIM-listed property funds, with negative returns and decreased market capitalization for developers like Unitech and Hirco.
DLF, India's largest real estate company, plans a share buyback as its stock price hits an all-time low. The move aims to reassure shareholders and stabilize the declining stock value.
Lakshmi Mittal acquires third property on London's "Billionaire's Row," Kensington Palace Gardens, for £70 million, adding to his existing two homes.
Lippo Group plans to invest $10 billion in Asian property markets over the next five years, focusing on retail, residential, hospital, and hotel projects in emerging markets like China and Indonesia.
Orbit Corp Ltd anticipates adding 8-10 billion rupees worth of projects in 2008/09, driven by redevelopment demand in South Mumbai. The developer forecasts 25% revenue growth despite a market slowdown.
Lehman Brothers invests $175 million in a Mumbai mixed-use project with Unitech and local partners. The project includes 1 million sq ft of office space, part of an 18 million sq ft master plan.
DLF remains committed to the Dankuni township project despite uncertainty following the West Bengal government's announcement to halt land acquisition.
aAIM India has announced its significant investment in a 7 million sq. ft. mixed-use project in Nagpur, marking a key FDI under India's Special Township Policy.
Emaar MGF Land Ltd launches Boulder Hills Golf & Country Club, a Rs 5,610-crore integrated leisure and residential community in Hyderabad, featuring residential, commercial, retail, IT parks, and hotels.
Unitech Ltd is set to launch 1,200 sq ft homes in Greater Noida, while also developing the NKID project near Kolkata in collaboration with Salim Group and Universal Success.
Blackstone Real Estate Partners has agreed to invest approximately $18 million for a minority stake in Synergy Property Development Services, enhancing their portfolio in India.
Ascott Group expands into West India with a new serviced residence in Ahmedabad, partnering with Rattha Group for a significant investment.