The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
The Supreme Court has stayed a portion of a Delhi High Court order related to the Lokpal's investigation into Trinamool Congress MP Mahua Moitra in the alleged cash-for-query scam.
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
A bench of justices Anil Kshetarpal and Harish Vaidyanathan Shankar, while pronouncing the order in Moitra's plea, said "The order is set aside. We have requested the Lokpal to accord consideration for grant of sanction under Section 20 of the Lokpal and Lokayuktas Act in accordance with the relevant provisions within one month".
Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.
The Enforcement Directorate has questioned Niranjan Hiranandani, the promoter of prominent Mumbai-based realty company Hiranandani Group, in a foreign exchange violation case, official sources said Monday. Niranjan Hiranandani and his son Darshan Hiranandani were asked to join the investigation by the central agency at its office here as part of a probe being conducted under the Foreign Exchange Management Act (FEMA).
Moitra, who was expelled from the Lok Sabha in December for "unethical conduct", has been renominated by her party from West Bengal's Krishnanagar seat in the upcoming Lok Sabha polls.
India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.
Even by conservative assumptions that 5 to 10 per cent of infected individuals develop long Covid, India today may be home to 50 to 100 million infected individuals -- many silently coping with breathlessness, fatigue, palpitations, brain fog, or unexplained clotting tendencies.
Real-estate firms have welcomed the Goods and Services Tax Council's reforms, expecting better affordability for buyers, spurring demand. The council has reduced the rate on cement from 28 per cent to 18 per cent, while the rate on sand lime bricks or stone inlay work and granite blocks has been cut to 5 per cent from 12 per cent.
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
Two-time Trinamool Congress Lok Sabha MP Mahua Moitra is learnt to have quietly tied the knot with Biju Janata Dal leader Pinaki Misra on May 3.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
The Lok Sabha ethics committee has cited the threats India faces from State and non-State cyber actors to indict Trinamool Congress MP Mahua Moitra for sharing her log-in credentials with businessman Darshan Hiranandani, noting that he has residency rights in Dubai and has close relatives who are foreign nationals.
With style, charm and a much-looked forward debut on the horizon, Simar Bhatia is looking forward to a great year.
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
The last rites of Captain Sumeet Sabharwal, pilot in command of the Air India plane that crashed in Ahmedabad last week, were performed in Mumbai on Tuesday with his grief-stricken father bidding a heart-wrenching, tearful farewell to his son before the cremation.
'Rhea's mom lost her voice, she just couldn't talk. 'She would stand for hours in the temple with folded hands, constantly praying for protection.' 'Her father was constantly trying to reach out to people who could help his kids.'
Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.
Nearly a dozen firms have shown interest in building the foundation model and LLMs, while others have proposed sector-specific SLMs.
Hiranandani is planning to set up a 250-acre multi-services SEZ in Hyderabad. They have tied up with city-based Lahari Infrastructure Limited, in a 50:50 joint venture.
Searches were also conducted at the residential premises of top company officials, the source said.
Preliminary investigation suggests that he climbed the stairs to the seventh-eighth floor of the building where Khan and his actor wife Kareena Kapoor live with their children and domestic staff.
Niranjan Hiranandani, chairman of London-listed Hirco Plc, has resigned in the backdrop of the Central Bureau of Investigation (CBI) inquiry against him in a possible breach of the Employees Provident Fund Act.
Hiranandani Developers Private Limited has bagged the prestigious Brand Leadership Award 2003.
Younger brother Surendra wants to re-invest his share in real estate and education
A Bangladeshi national, identified as Shariful Islam Shehzad Mohammad Rohilla Amin Fakir, has been arrested in Mumbai for allegedly stabbing actor Saif Ali Khan. The suspect, who had been living in Mumbai for over five months, panicked after seeing his image on news channels and planned to flee to Bangladesh. Police tracked him down after analyzing CCTV footage and digital payment records.
The Central Bureau of Investigation (CBI) on Tuesday conducted raids on the premises of noted builders Hiranandani brothers, who have been accused of "evasion" of employees provident fund.The raids have been conducted at eight places belonging to Hiranandani brothers in the city.
The Directorate of Enforcement (ED) is conducting searches at multiple premises of the Hiranandani Group in Mumbai on charges of violations under the Foreign Exchange Management Act (FEMA), according to sources.
Look who watched Janhvi Kapoor and Rajkummar Rao's Mr & Mrs Mahi on Monday night.
The Mumbai Police have found several fingerprints of the accused in Saif Ali Khan's stabbing case at the actor's Bandra residence.
On Wednesday, Mumbai Police reached the actor's home to record his statement on the matter. Meanwhile, actor Ronit Roy, known for his roles in TV shows and films, was seen with Saif as he returned home on Tuesday.
The Enforcement Directorate (ED) has filed a money laundering case against Trinamool Congress leader Mahua Moitra and businessman Darshan Hiranandani in connection with an alleged cash-for-queries scam case, official sources said Tuesday.
India's leading property developer, the Hiranandani group, has tied up with a firm in Dubai to build one of Dubai Marina's most impressive landmarks.
Eminent ENT surgeon, educationist and Padmabhushan recipient L H Hiranandani passed away at his residence in Mumbai on Thursday evening. He was 96.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
It plans to invest Rs. 10,000 crore to set up a power generation capacity of 2,500 Mw near Pune.
Only two individuals on the list are sef-made, while the rest of the individuals on the list inherited some of their wealth, but have also expanded their fortunes.
The company is also exploring the markets of Bangalore, Nashik, Panvel, Thane and Pune among other cities for the same.
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