Launches

As part of the Dharavi redevelopment project, the Maharashtra government has mandated that developers in Mumbai must source at least 40 percent of their transferable development rights (TDR) requirements from the Dharavi project at 90 percent of ready reckoner rates

Century Textiles to launch real estate projects worth Rs 12,000 cr in FY25

Company to raise funding from private equity and other sources at a project level. The company is pivoting to expand into the real estate segment.

MC Exclusive | Aim to invest Rs 2,500 cr in FY24; focus on Mumbai, Pune & Bengaluru: Lodha Group MD

Macrotech Developers believes in diversifying across the affordable, mid and luxury housing segments, and believes that India will see a housing boom over the next 15 years, said Abhishek Lodha

62,000 housing units sold in top cities in Q1 of 2023, Bengaluru leads the show: JLL analysis

Bengaluru led the market in terms of quarterly sales, with a 21 percent share, closely followed by Mumbai, with a 20.9 percent share. The premium segment, with apartments priced above Rs 1.5 crore, saw a 22 percent share in overall sales.

Mercedes-Benz India plans 10 launches in FY24; banks on FTAs for spurring exports

We had double-digit growth last year and expect double-digit growth this year as well. India is the fastest growing market for Mercedes-Benz," said Mercedes-Benz India MD and CEO Santosh Iyer.

What defines demand in the real estate market?

In the absence of scientific research and reliable data, developers have no choice but to launch projects based on their ‘gut feel’ on what may sell rather than demand on ground.

American Express launches products for small businesses

The services, called Business Blueprint, stem from the credit card giant's acquisition of fintech Kabbage in 2020. American Express had been offering small business lines of credit and other services under the Kabbage moniker, but now it will replace those with a suite of products — from a cash flow management hub to business cards and lines of credit — under the name American Express Business Blueprint.

US launches new initiative to cut visa wait time

"On January 21, the US mission in India launched the first in a series of special Saturday interview days, as part of a larger effort to reduce wait times for first-time visa applicants," the US embassy said on Sunday.

Tesla launches in Thailand, vying to compete with China EVs

The company staged a glitzy showcase of its plans Wednesday at Bangkok’s Siam Paragon mall. Online purchases have begun, with plans to deliver vehicles to buyers in the first quarter of next year.

Cipla launches prostate cancer-treating injection

The product was earlier approved by the US Food and Drug Administration based on a New Drug Application (NDA) regulatory pathway.

POCO launches its first-ever offline sales and service outlet in Kolkata, India; completely operated by an all-women team

We aim to provide best in class sales and servicing on POCO devices through the newly launched service centre and will be expanding our outreach to other markets.

Nearly 25 e-car models expected to hit Indian roads in next 12-15 months

At present there are about 12 such brands. As per data from market intelligence firm JATO Dynamics, there will be 20-25 launches by over 10 carmakers until 2023, which would be priced in the range of Rs 7.5 lakh to Rs 2 crore.

Housing sales moderate by 15% in Q2 2022; new launches reduce in some cities

MMR and Pune only markets to see new launches rise by 26% and 14%, respectively; NCR restricts new supply in the quarter to just 4,070 units

Automakers hitch a ride on SUVs as buyers dump hatchbacks and sedans

Customers are craving SUVs that are sturdy and spacious and offer superior driving dynamics, offroad capability, and safety features

NCR-based ATS Homekraft planning to launch new projects; To invest approximately Rs 4000 crore

The company clocked sales of over 1000 crore in FY 22, the company said

New home sales touch four-year high in Jan-March despite third wave: Knight Frank India

Mumbai remains the largest market by volume; prices rise across all markets in the range of 1-7% YoY

Nearly 1 lakh housing units sold across top 7 cities in Q1 this year

MMR and NCR account for 48 percent of total sales; NCR sees 114 percent yearly jump; Unsold stock in top 7 cities declines 2 percent annually – from approximately 6.42 lakh units in Q1 2021-end to approximately 6.28 lakh units by Q1 2022-end

Housing sales witness 7% increase in first quarter of 2022: Report

Builders in India are sitting on an unsold stock consisting of 7,35,852 units as on March 31, 2022; Delhi NCR has the highest inventory overhang while Bengaluru and Kolkata have the lowest

MMR, NCR witness lowest absorption of newly launched units in 2021, Hyderabad highest: Anarock

Of total 25,410 units sold in 2021 in Hyderabad, nearly 55 percent were newly launched; MMR had the lowest share at 26 percent of the total 76,400 units sold in 2021.

Over 70% of Gurugram residential launches in 2021 were low-rise independent floors: JLL

Plots and villa projects recorded a launch of 2,569 units in 2020 and 2021 across Delhi NCR.

COVID restrictions impair construction, walk-ins at project sites on hold; new launches may get deferred by a month 

Some developers say innate demand for housing is strong enough to overcome the impact of the restrictions, thanks to historically low home loan rates, stamp duty cuts, and stable property prices.  

Housing sales in top seven cities rise 17% in Jan-Aug: Report

Only Kolkata and Delhi-NCR witnessed 11% and 22% decline in sales from 7,767 units to 6,973 units and from 20,478 units to 16,846 units, respectively.

Home sales surge 92% in Q3, office space demand grows in sync: Knight Frank report

The total office space absorbed across major cities was at 12.5 million sq. ft in the third quarter, representing 168% year-on-year growth

Listed real estate firms continue to do well, post 25% YoY sales growth in Q1FY22: Kotak Institutional analysis

Larger real estate players are likely to expand their footprint as the ongoing consolidation continues to weed out smaller players from the industry

Housing sales likely to rise by 30% and new launches by 35% in 2021: Report

Pune will retain its strength among the most active markets and may corner a 15 percent sales share and 18 percent new launches share.