BUSINESS
Adani Realty poised to be among top five Indian realtors after potential Emaar deal
Emaar India has a significant presence in key markets such as Delhi-NCR, Lucknow, Mohali, Indore, and Jaipur. Analysts maintain that the acquisition would provide Adani Realty with an immediate entry into North India’s lucrative real estate market.
BUSINESS
A year after Ram temple inauguration, Ayodhya’s real estate boom takes a pause
Ayodhya’s real estate market may have been overheated, given the over 60% drop in searches for residential property in the October-December 2024 quarter. Real estate experts say this signals a shift in investor interest, likely influenced by market saturation and a natural cooling after a period of heightened activity.
BUSINESS
Delhi RERA to make it compulsory for builder to advertise and sell projects on carpet area only
The Delhi body's guidelines will reinforce what has been laid out under the law governing real estate, that the carpet area should be mentioned in all promotional material.
BUSINESS
Ghaziabad’s Harnandipuram township gains momentum as GDA invites objections to land acquisition
About 521 hectares of land is required for the new housing project, which will be developed on the lines of the existing Indirapuram township.
BUSINESS
Arrest of labourer in Saif Ali Khan attack case triggers debate on background checks; developers say full identity verification 'impossible'
Developers and construction industry insiders say that the task of verifying worker identity and background largely falls on labour contractors.
BUSINESS
Housing sales drop by 26% in eight cities in Q42024; Delhi-NCR sees uptick
Real estate experts say that the drop in housing sales can primarily be attributed to the assembly elections in Maharashtra and Haryana and to elevated property prices.
BUSINESS
Land Ahoy: UP govt will map vacant industrial plots to unlock growth
There are over 42,000 industrial units in the areas developed by nine industrial bodies across the state, over 15,000 of which are in Gautam Budh Nagar alone.
BUSINESS
Will Union Budget 2025 revive India's affordable housing segment?
According to ANAROCK data, the sales share of affordable housing fell to a mere 18 percent in 2024 from over 38 percent in 2019. Similarly, its share of total housing supply in the top seven cities dropped to 16 percent in 2024 from nearly 40 percent in 2019.
BUSINESS
Land deals up 48% in 2024, Delhi-NCR leads the pack
More than 40 land deals were reported in the Delhi-NCR micro-market, with Gurugram accounting for 60 percent of the transactions followed by Noida and Greater Noida
BUSINESS
Budget 2025: Real estate sector seeks industry tag, single window clearance, tax rebate on housing loan interest
Market observers anticipate reforms such as tax rebate on housing loan interest, revision in the GST input tax credit rules and introduction of a simplified single-window clearance system will give further impetus to the sector
BUSINESS
All you need to know about Greater Noida Authority’s residential plots scheme
The registration for the residential plots scheme has started and the last date to apply is January 25. The cost of these residential plots ranges between Rs 27 lakh and Rs 2 crore.
BUSINESS
Upcoming Film City near Noida Airport to feature luxury villas for actors, outdoor sets and a university
Filmmaker Boney Kapoor has recently submitted a master plan consisting of the layout for the Film City project’s first phase spread across 230 acres, to the Yamuna Expressway Industrial Development Authority for approval. The construction work is likely to begin at the site from January end after the approval of the master plan.
BUSINESS
DLF, Oberoi Realty poised to achieve robust sales in Q3FY25, says Morgan Stanley
Morgan Stanley in its report expected a growth of 20-35 percent Quarter-On-Quarter (QoQ) in sales for Delhi NCR-based realty major DLF Limited and Mumbai-based Oberoi Realty. It said that pre-sales of 150 units at DLF’s Dahlias project for Rs 120 billion (Rs 12,000 crore) and 13 units at Oberoi’s 360 West project are “positive surprises”.
BUSINESS
Under-construction luxury housing properties see up to 55% YOY price growth, Gurugram leads
New luxury launches in cities like Gurugram, Noida and Bengaluru also witnessed significant increase. With approximately 16,140 luxury units, new launches in Gurugram increased by more than 1.5 times in 2024.
BUSINESS
Smartworks expands in Gurugram with Rs 94 crore office lease ahead of IPO
This marks Smartworks’ fourth managed campus in Gurugram, in addition to its existing campuses at Golf View Corporate Towers on Golf Course Road, RK 4 Square in Cyber City, and ASF Insignia at Vatsal Valley.
BUSINESS
As Delhi laps up luxury high-rises, sales jump 25% YoY
Over the past 4-5 years, the number of luxury high-rise residential apartments have gone up significantly, with several high-rise projects dotting the skyline of Delhi that traditionally used to be a 'low-rise' city.
BUSINESS
Year Ender 2024: Industrial & logistics sector fuels 10% growth in PE investments
Data showed that Indian real estate sector saw $4.3 billion (Rs 35,600 crore) private equity investments during 2024, reflecting a 10 percent increase year-on-year. PE investments in the real estate sector in 2023 stood at $3.9 billion (around Rs 33,500 crore).
BUSINESS
Over 600 homebuyers in Greater Noida West project to get flats under reverse insolvency process
The project, RG Luxury Homes, obtained the OC for towers D, E and F. Last year the group had obtained OC for four towers namely A, B, C and M, comprising 850 units.
BUSINESS
Housing supply in top 9 cities drops 33%, sales fall 21% in Q4 CY24; Hyderabad sees biggest drop in supply
According to data from real estate data analytics firm PropEquity, housing supply fell to 85,765 units in October-December 2024 compared with 1,27,936 units in the same period last year.
BUSINESS
Annual leasing volume in Logistics & Industrial sector set to exceed 50 msf; Pune, Chennai, Bengaluru top demand
Market diversification to new alternate corridors is expected for the L&I sector in 2025 owing to rising land prices and a steady increase in construction cost. The E&M and retail sectors, along with 3PL operators, remain primary drivers of demand for the L&I space, according to experts.
BUSINESS
A bumper year for residential real estate, but affordable housing woes may persist in 2025
Developers expect the momentum in premium and luxury housing to continue in 2025 after a stellar 2024 marked by strong pre-sales and price increases. However, the outlook for affordable housing remains uncertain, with developers continuing to exit the segment and homebuyers holding back due to interest rate and inflationary pressures.
BUSINESS
Imposing GST on FSI charges could increase housing prices by 10%, adversely impact demand: Developers
Developers said that such additional charges will make affordable housing projects economically unviable, potentially pushing the prices upwards by 7-10 percent and directly impacting the purchasing power of the middle-class segment
BUSINESS
Demand growth to outpace supply in the luxury hospitality segment
Existing luxury hospitality stock represents only 17 percent (29,000 keys) of the overall Indian branded hotel inventory, and there’s also headroom for growth in the ARR.
BUSINESS
Housing prices surge up to 65% in top 30 Tier-II cities, Raipur stays most affordable
Jaipur saw the highest rise in weighted average price of newly launched projects at 65 percent from Rs 4,240 per sqft to Rs 6,979 per sqft in last one year
