India Real Estate News
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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.
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Office Space Rentals In Metros Fall Further
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| 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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Unitech To Launch 40 Projects
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| Published: April 28, 2009 | Author: Administrator | Source: 21 April 2009 - PropertyBytes.com |
| Realty major, Unitech plans to launch over 40 new projects, mainly in the residential sector, during the current fiscal and also enter the Rs 10 lakh housing segment. The company, which witnessed an all-time low in sales during last year, plans to develop 30 million sq ft of area, of which 90% will ... |
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DLF Sells Off It West Delhi Project
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| Published: April 28, 2009 | Author: Administrator | Source: 24 April 2009 - Business Standard |
| Realty major, DLF Ltd has sold an entire housing project in West Delhi by offering flats for as much as 32 percent less than the market rate. The developer launched a residential project at Shivaji Marg (better known as Najafgarh Road) on April 7, 2009 and sold all the 1400 apartments on offer. It h... |
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Residential Projects In Demand Again
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| Published: April 28, 2009 | Author: Administrator | Source: 21 April 2009 - PropertyBytes.com |
| The Promoters and Builders Association Pune (PBAP) said that renewed interest among home buyers and the positive approach of banks and financial institutions towards project financing has once again set the dice rolling for a number of housing projects in Pune. PBAP's newly-elected president Mr. Sat... |
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Puravankara Group Now Looks Beyond South
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| Published: April 28, 2009 | Author: Administrator | Source: 23 April 2009 - DNA Money |
| For its mid-income housing subsidiary, Provident Housing and Infrastructure, Bangalore-based realtor, Puravankara Projects is examining land parcels from other developers. Mr. Ravi Ramu, Director, Puravankara Group, said, "We are looking at new territories and evaluating projects. We have learnt tha... |
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Buyers Ask DLF To Refund Their Money
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| Published: April 21, 2009 | Author: Administrator | Source: Indian Realty News |
| After 560 customers sought to exit Chennai project, about 600 want to pull out from New Town Heights In another instance of customers wanting to exit from a realty development, several buyers at a mid-range housing development of DLF Ltd in Gurgaon on Delhi’s outskirts want to exit their bookings.... |
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Indian Builders & Developers Looking For NRI Investors
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| Published: April 21, 2009 | Author: Administrator | Source: Cityscape NRI |
| With local homebuyers waiting for prices to fall further, interest rates remaining high and banks continuing to tighten mortgage lending, Indian real estate developers are increasingly looking towards Non Resident Indians (NRIs) as a source of investment. Especially as NRIs now have 20% more purchas... |
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Buyers Looking To Exit DLF Project In Gurgaon
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| Published: April 14, 2009 | Author: Administrator | Source: Livemint.com - April 7, 2009 |
| At DLF's New Town Heights project in Gurgaon, 600 buyers got together in an online group and in a recent poll 70% of them want DLF to refund payments, of up to Rs 31 lakh in some cases. The firm has not begun construction on the project yet and as real estate prices dropped in the past six months, i... |
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Robust Welcome To DLF Delhi Project
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| Published: April 14, 2009 | Author: Administrator | Source: Business-Standard.com - April 9, 2009 |
| DLF Ltd has claimed that it sold more than 85 per cent of its West Delhi housing project in less than 24 hours of its launch. The project received a robust welcome by buyers as it was priced at least 24 per cent lower than the prevailing market price. Around 1,200 of the 1,400 units on offer at its ... |
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