Sistema plans to invest $100-200 million in hotels, offices, and residential complexes in India, marking its first real estate endeavor outside Russia and Ukraine.
Damac Properties partners with 60 agents across India to promote its luxury real estate offerings, promising extensive training for its agents.
Pacific Star is raising $2 billion for its new Asia Fund Select Concept Fund, an open-ended fund for institutional global investors targeting real estate projects across Asia.
India's 2024 budget lacks major direct real estate tax changes, but personal income tax cuts may indirectly boost housing demand. The awaited REIT clarification and tax holiday for developers didn't materialize.
Parsvnath Developers launches Parsvnath Preston in Sonepat, aiming for Rs. 500 crore profit. The project offers 1200 units, with 500 in the first phase, spanning 2.2 million sq ft.