Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.
Bangalore real estate market tops private equity investment, receiving Rs 1,990 crore in the first three quarters of 2013. Other cities such as Pune and NCR also witness significant growth.
The Dwarka-Gurgaon Expressway, also known as the Northern Peripheral Expressway, is set to become a hotbed for real estate investment with significant growth potential in the coming years.
Bangalore's real estate market regains momentum with Sobha and Prestige leading in sales and investor interest, reflecting the city's strength in the sector.
Demand for luxury homes in India is surging, driven by NRIs, evolving lifestyles, and festive offers. Major cities see high demand for homes exceeding ₹20 crore, prompting developers to launch luxury projects.
Sobha Developers plans to start a $3 billion project in Dubai, aiming to break ground by early 2013 despite the economic downturn.
The real estate industry is projected to reach $180 billion by 2020, highlighted during a seminar at Acharya Bangalore B School that engaged students with industry experts.
India's real estate market, projected to hit $180B by 2020, is the 5th most attractive global investment hub. A real estate seminar in Bangalore connected industry experts with students, offering insights into the sector's future.
Brand Capital has appointed Knight Frank India to oversee its INR5 billion real estate portfolio, marking a significant first for corporate asset management.
Real estate CEOs in India are opting for modest pay increases this year compared to past trends, reflecting a shift in industry compensation practices.
Medium-sized developers in India renegotiate joint development agreements due to 30% drop in land prices in the past 6 months, seeking more viable terms.
Sobha Developers offers discounts on Bangalore residential projects due to sluggish demand, adjusts launch timelines, and considers smaller, more affordable homes.
The real estate sector faced a significant decline in today’s stock market, with Unitech leading the fall with a 51% drop.
Build Up 2008: Indian Real Estate Feels Global Slowdown
QVC Realty to raise ₹600 crore for land acquisition and project development in south India, primarily near new airports in Bangalore and Hyderabad.
As Indian property firms seek growth in international markets, they are establishing offices abroad to tap into new business opportunities amid a domestic slowdown.
Sales to NRIs in India show resilience despite domestic slowdown and have tripled over half a year.
Sobha Developers sold 40% stake in a Bangalore residential township project to Dubai's Pan Atlantic for $10 million. The project is estimated at 1.05 billion rupees.
Sobha Developers planning expansion into SEZs, retail, and commercial projects across multiple cities with significant investment plans
Realty stocks surge in afternoon trade, with BSE Realty index up 3.7%. DLF leads with a 7% gain, followed by other prominent players like Unitech and India Bulls Real Estate.
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
Sobha Developers has launched its largest project, Sobha Lifestyle, near Bangalore Airport, featuring 165 luxurious villas on 55 acres, with a projected cost of Rs 250-260 crore.
RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.