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India Real Estate News

This section of the website provides latest real estate news in India and latest happenings in the Indian real estate market. Some of the latest real estate news in India are listed below. You can click on the news title to view it in detail. If you would like to submit the news in our real estate directory, then you are most welcome to do so from your member control panel.

No Icon Indian Market Sees Terrible Slump In Investment
Published: May 6, 2009 | Author: Administrator | Source: Indian Realty News - May 5, 2009
Not long ago, Indian leaders confidently predicted this country would emerge largely unscathed from the global economic crisis. It is now becoming clear that that view was too optimistic, nowhere more so than in this city south of New Delhi that was once the symbol of India’s economic boom. A few ...
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No Icon DLF Decides To Go Slow On New Projects
Published: May 6, 2009 | Author: Administrator | Source: Indian Realty News - May 5, 2009
The Karnataka government returned Rs 400 crore to cash-strapped DLF on May Day. Separately, the country’s biggest developer has decided to go slow on new projects in seven of the eight verticals it operates in - the exception being residential property development, reports DNA. Housing currently a...
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No Icon Merlin Group Unveils New Residential Project In Kolkata
Published: May 6, 2009 | Author: Administrator | Source: Indian Realty News - May 5, 2009
Kolkata-based real estate company Merlin Group has unveiled a premium residential complex called Merlin Cambridge. Coming up along the Prince Anwar Shah Road, the Rs 100 crore, high-end residential project spread over 1, 61,698 sq ft, is expected to be ready by 2011. Merlin Cambridge will have 92 dw...
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No Icon RDB Developers Offers Free Nano To Push Housing Demand
Published: May 2, 2009 | Author: Administrator | Source: Business Standard - April 28, 2009
Nano has turned out to be a freebie option for real estate developers lookingto perk up housing demand.

One Kolkata-based real estate company has decided to give the car "free" with a flat for its first 50 buyers.

RDB Developers has booked around 50 Nano cars with Tata ...
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No Icon DLF Sees Massive Drop In Profit Of 4th Quarter
Published: May 2, 2009 | Author: Administrator | Source: Indian Realty News
India's largest real estate developer 'DLF' has posted a lower-than expected profit of Rs 159 crore for the quarter ended March 2009, down 93% from the year-ago period. Revenue fell 69% to Rs 1,351 crore as downturn in real estate sector has dramatically slowed sales. DLF said the price reductions f...
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No Icon Tata Bags Housing Award
Published: May 2, 2009 | Author: Administrator | Source: Indian Realty News
Tata Housing, one of the leading real estate companies in the country, with a vision to provide quality life spaces in India, today received the highest level of achievement in the property and real estate industry in Asia Pacific, as two of its projects were declared one of the best in the category...
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No Icon Affordable Housing - The New Political Mantra
Published: April 29, 2009 | Author: Administrator | Source: IndianRealtyNews.com
A recent state government lottery for about 4,000 low-cost apartments in Mumbai drew more than 430,000 applications, underlining the need for affordable housing in a country where housing is also a top election issue. Political parties of all hues have seized on affordable homes as a vote getter in ...
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No Icon Best Time For Small Indian Firms To Buy Office Space
Published: April 28, 2009 | Author: Administrator | Source: 24 April 2009 - IndianRealtyNews.com
This maybe the right time to buy or lease office space for many small Indian firms for whom high rentals had been a stumbling block to expansion when real estate was booming. A rental and capital value correction of commercial office space is in progress across all markets in India. As compared to l...
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No Icon Unitech Group Says No To Land Buying
Published: April 28, 2009 | Author: Administrator | Source: 18 April 2009 - Business Standard
Unitech Ltd has assured investors that it won't purchase more land in the near future to expand its business. The company said that it does not have any plans to acquire land in the future, except for extremely attractive opportunities. The developer has sufficient land bank to meet its development ...
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No Icon Office Space Rentals In Metros Fall Further
Published: April 28, 2009 | Author: Administrator | Source: 21 April 2009 - Financial Express
According to the latest C B Richard Ellis report, rental and capital value of office space has seen a further decline during the January-March quarter in cities like Delhi NCR, Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata. Firms that have been hit by the slowdown such as financial and IT ...
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