Launch of new residential projects in top eight cities -- Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region (NCR) and Pune -- came down by 41 per cent in first half of 2017.
Plan to lay off excess staff, trim salaries of top executives.
VCs have been especially bullish about India.
Festive season is the mainstay of most brick and mortar retail chains.
Starlight Systems, a unit of Piramal Sunteck Realty, has sought a four-year staggered payment option to pay Rs 496 crore (Rs 4.96 billion) for two plots it won in the financial district of Mumbai in the last financial year.
Selling a luxury home isn't about the space, it is about the lifestyle.
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