Launches of new homes increased by 62 percent to 4,600 units in Delhi-NCR during January-March period despite sluggish demand and huge unsold stocks, according to property consultant Cushman & Wakefield.
The new residential projects in big cities like Delhi NCR, Kolkata, Mumbai, Pune, Ahmedabad, Bengaluru, Chennai, Hyderabad were launched at prices lower than the prices of projects unveiled one or two year ago.
IDFC Alternatives has raised Rs 475 crore in its third real estate fund to invest in residential projects across seven major cities.
Deepika Padukone will soon be seen endorsing Lodha`s premium weekend home development property around a riverside Greg Norman golf course.
Goyal further said that the power of economies of scale, the power of leveraging billion plus aspiring individuals, ensuring affordability to make a programme self sustainable, practical application in the Indian context are the keys to the implementation of smart cities in our country.
With a majority of buildings coming up being small in size, the government has come out with a draft notification to make eco-compliance mandatory for such projects.
As the demand in the residential real estate market continues to remain subdued, the average price appreciation in the megapolis is expected to be nearly 6 per cent in 2016, a study said.
Government is working on a scheme to provide low-cost housing for retirement fund body EPFO's over five crore subscribers, Parliament was informed Monday.
Defying an overall low-inflation trend, home prices have hit record high levels but a faster rise in disposable income has made purchasing a house the most affordable ever, according to mortgage giant HDFC Ltd.
Godrej Properties is aiming to launch 15 new projects, including one in Noida, and sell its completed commercial assets worth Rs 1,500 crore during this fiscal as the realty firm seeks to achieve higher growth.
New Delhi: Private equity (PE) investment in real estate sector rose by 40 percent to Rs 3,840 crore in the first quarter this year as developers raised funds to meet construction cost and refinance loans, says a report.
Buyers of Noida sector 107 had approached the Noida authority stating immense delay in delivery of project.
Inventory of residential premises and commercial estates has risen between 18-40 per cent in different cities with maximum unsold stock lying in Delhi-NCR, creating a drag on linked sectors like financial services and steel, a report said on Thursday.
After delivering a variety of products ranging from salt to automobiles, Tata Group is coming up with the latest innovation – a modular kitchen.
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor, the Lok Sabha was informed on Wednesday.
Zee Media Bureau
New Delhi: The Real Estate Bill is set to rein in dodgy builders who do not deliver on promises or cheat buyers.
Know how the Real Estate Act will protect interests of home buyers.
Indiabulls Real Estate has reduced its net debt by 16 percent to Rs 4,617 crore during the last fiscal, helped by positive operating cash-flow.
Realty firm Godrej Properties has acquired 49 per cent stake in its subsidiary Happy Highrises from Karelides Traders for Rs 248.50 crore.