BUSINESS
Indo-Pak Standoff: How the real estate sector fares in times of war
Experts said that past wars and conflicts have taught us that war can temporarily slow down market sentiment and freeze decisions, but they cannot break India's real estate market. Due to the Indo-Pak tension, there may be some short-term sluggishness in the market, but there is no question of an outright plunge.
BUSINESS
Indo-Pak tensions could dent north India home sales by 5-10%: ANAROCK
While luxury housing buyers tend to delay purchases in periods of uncertainty, demand for mid-income housing will be the first to recover once normality is restored.
BUSINESS
Indo-Pak showdown: Real estate body offers to build military, housing facilities
CREDAI has offered to assist in the construction of military buildings, bunkers, roads, housing for displaced people, if need arises, within accelerated deadlines.
BUSINESS
Amid Indo-Pak tensions, CREDAI writes to Modi, offers real estate expertise for national infra, proposes swift construction
Tensions escalated after Indian armed forces early on April 7 carried out missile strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir (PoK), including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke, in retaliation for the April 22 terror attack in Kashmir's Pahalgam.
BUSINESS
India's major housing markets see price plateauing after flat quarters
Average prices in Bengaluru rose to Rs 7,881 per sq ft, while in Hyderabad, touched Rs 7,412 per sq ft. In contrast, key mature markets such as Delhi NCR, Mumbai Metropolitan Region, Pune and Chennai, recorded no quarterly change in prices, suggesting a plateauing of prices.
BUSINESS
Prestige Group enters NCR with Ghaziabad project, eyes Rs 12,000 crore revenue
The Prestige City-Indirapuram, a mix of residential and commercial development, will be executed in two phases.
BUSINESS
Distressed deals fuel Adani Realty and Prestige’s hold on Mumbai realty market
Real estate developers like Prestige Estates and Adani Realty, among others, are leveraging stalled projects to make a mark in their non-native market.
BUSINESS
Western India drives 33 percent surge in home deliveries in FY25; Delhi-NCR lags
Data showed that Western India (Mumbai, Navi Mumbai, Thane and Pune) accounted for 55 percent of the total homes delivered in FY25, a rise from 53 percent in FY24 while Southern India (Bengaluru, Chennai and Hyderabad) accounted for a 30 percent share, a rise from 28 percent in FY24.
BUSINESS
Explainer: What New Noida holds for the region's growth
According to Noida and Greater Noida authority officials, demand for land from industrial, commercial, residential and other investment projects has far outstripped supply, and hence expansion is needed. Around 21,000 hectares of land will be required forNew Noida.
BUSINESS
Greater Noida's premium leap; NCR sees unsold stock decline despite price rise
According to Anarock data, average residential prices in Greater Noida increased from Rs 3,340 per square foot (sq. ft.) in Q1 2020 to Rs 6,600 per sq. ft. in the end of Q1 2025. At 92 percent, Noida recorded second-highest average price rise from Rs 4,795 per sq. ft. in Q1 2020 to Rs 9,200 per sq. ft. by Q1 2025. Similarly, Gurugram witnessed an 84 percent jump in prices from Rs 6,150 sq. ft. to Rs 11,300 per sq. ft. in this period.
BUSINESS
Tribeca Developers and Smartworld Developers launch North India's second Trump Residences in Gurugram with an investment of Rs 1,200 crore
Tribeca Developers are India's official licensor of Trump-branded projects, while Smartworld is a Gurugram-based real estate developer.
BUSINESS
DLF plans to double its rental portfolio, eyes Rs 10,000 crore rental revenue by FY30
The company said the occupancy level is almost 93 percent on a weighted average basis across retail and office portfolios. Excluding the SEZ portfolio, it would be close to 97 percent. Retail is healthy at 98 percent, and all the new projects are almost 95 percent pre-leased.
BUSINESS
Job insecurity & rising costs drive drop in housing sales in Delhi-NCR, Bengaluru
Delhi-NCR witnessed an 8 percent annual drop in transactions, while in silicon city sales slid 5 percent, primarily due to the gloomy weather in the IT sector.
BUSINESS
Mumbai leads India's warehousing growth as country sees record 44.9 msf absorption in 2024
According to data by Vestian, a real estate consultancy firm, the absorption in warehousing and logistics sector increased by 19% in 2024 over the previous year, thanks to the strong leasing activities in the second half of 2024.
BUSINESS
Meet the new owners of Lutyens’ Delhi bungalows
Lutyens' Delhi areas like Prithviraj Road, Hailey Road, Amrita Shergill Marg, Aurangzeb Road, Ferozeshah Road, Tees January Marg, Motilal Nehru Marg, Sundar Nagar, Golf Links, Kautilya Marg in diplomatic enclave, and Bhagwan Das Roadare popular the among country’s elite.
BUSINESS
Explainer: Noida circle rate hike: How will your home buying budget be affected?
The proposed hike in circle rates will also have some impact on the sales in the near future because besides increased property rates home buyers will have to pay more stamp duty charges as well, and therefore, increased registration fees.
BUSINESS
Tricity region emerges as a new real estate investment hotspot for NRIs, professionals
Market observers said that housing prices, especially luxury homes, have witnessed a significant increase in the range of 15-20 percent in the Tricity region in last few years which has transformed these Tier-II cities into investment hotspots for NRIs and professionals
BUSINESS
DLF Cyber City Developers gets CRISIL rating upgrade at AAA (Stable)
DCCDL office portfolio comprises approximately 36 million square feet spread across Gurugram, Chennai, Hyderabad and Chandigarh
BUSINESS
Gurugram real estate: Birla Estates’ Birla Arika Phase 1 clocks Rs 3,000 crore sales
Birla Arika, a luxury residential project, is spread across 13.275 acres and has a development potential of 2.4 million square feet with seven high-rise towers planned. The project is located off NH-48 at Sector 31 in Gurugram.
BUSINESS
DLF Limited invests Rs 496.73 crore to fully acquire DLF Urban from Reco Greens
Following the transaction, DUPL has become a wholly-owned subsidiary of DHDL and therefore of the company. DUPL operates in the real estate sector and has developed the luxury residential project, One Midtown in Kirti Nagar area of West Delhi.
BUSINESS
India’s office leasing hits record 81.7 MSF leasing in 2024, IT/ITES sectors lead demand
The office leasing market also saw most of the demand for large transactions in 2024 as transactions above 100,000 sqft contributed 41 percent of total demand, with a 13 percent YoY increase, particularly in Bengaluru and Pune.
BUSINESS
India’s data centre market sees $6.5-billion investments between 2014 and 2024: Report
Mumbai and Chennai dominate the data centre market, accounting for 70 percent of India’s total IT power capacity. Over the past five years, around 440 acres of land have been acquired for the creation of hyperscalers across three major cities which include Hyderabad, Mumbai and Pune.
BUSINESS
Homebuyers prefer fresh launches over ready-to-move-in homes; 42% of homes sold were in new projects in 2024
According to data from ANAROCK, 42 percent of 4.60 Lakh homes sold in the top seven cities in 2024 were fresh launches. Bengaluru and Chennai saw the highest new supply absorption share in 2024 – 53 percent each out of approximately 65,230 units in Bengaluru and 19,220 units in Chennai.
BUSINESS
Office fit-out costs jump as demand for sustainable workspaces grows, Mumbai tops the list
Mumbai remains the most expensive city for fit-outs in India, followed by Delhi; Tokyo claims the top spot in Asia-Pacific
