Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.
Exposure to commercial projects under lens.
An RLD MLC and four others have been booked for allegedly forging documents and attempting to grab land and extort money from a company in Mathura, Uttar Pradesh.
The government on Thursday proposed reduction in stamp duty on real estate deals to less than five per cent in order to prevent tax evasions.
Of the 10 projects under Sahara City Homes, at least four -- in Ahmedabad (Gujarat), Aurangabad and Pune (Maharashtra) and Bareilly (Uttar Pradesh) -- have either not taken off or are stuck.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
Amenities include 20,000 sft clubhouse that features a terrace swimming pool, gym and an indoor badminton court.
Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.
Tathastu Realty is investing 500 crore to develop an affordable housing project in Rewari, Haryana, featuring 3,354 flats priced around 30 lakh each.
Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.
Investors can begin investing in mutual funds with as little as Rs 100.
The real estate sector presents a daunting picture with revival prospects appearing to be bleak.
Discounts could be luring but onus of due diligence is always on buyer
Its new industrial policy appears to benefit industrial houses
Former Pakistan prime minister Imran Khan has appealed to the Islamabad High Court for release on humanitarian grounds, citing deteriorating health and prolonged solitary confinement. The appeal was made during a hearing regarding his conviction in a corruption case.
The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.
Consolidation is happening because of a prolonged slowdown in residential sales which has also brought down the business of brokerages.
Also, LBS Marg provides easy accessibility to other parts of Mumbai.
High interest rates and prices mean low affordability. Also, developers have huge inventories.
While accusing Chief Justice of Pakistan Iftikhar Muhammad Chaudhry of holding secret meetings with him, real estate tycoon Malik Riaz has said there is no free judiciary in the country and it is run by 'don' Arsalan Iftikhar, Chaudhary's son, reports Tahir Ali
While investors would focus on the results and guidance for the third quarter of financial year 2025-26 (Q3FY26) in the normal course of business, the US-Israeli attack on Iran and the latter's retaliation at Gulf allies of the US has forced them to weigh the consequences of the event.
Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
Artificial intelligence (AI) is emerging as a potential new demand driver for India's office market, with AI-focused technology (tech) firms actively leasing new office space and established information technology (IT) companies expanding their footprint as they ramp up investments in AI.
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 fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.
India could attract as much as Rs 4,000 crore (Rs 40 billion) in foreign direct investment in real estate by 2010 if certain Acts pertaining to Urban Land Ceiling, Rent Control and Land Acquisition were repealed.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Nearly 60 per cent of Indians think that next one month would be a good time to buy real estate with improvement in consumer sentiments following formation of a stable government.
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
'War is never a solution. It's nothing but real estate business I am against any kind of violence.'
Godrej Industries Group announces Pirojsha Godrej as the new chairperson, succeeding Nadir Godrej in August, marking a significant leadership transition within the conglomerate.
Since their inception, they have cumulatively distributed over Rs 26,700 crore to unitholders.
Sebi had last year put in place a separate regulatory regime for REITs.
According to top Trinamool sources, mercurial Mamata Banerjee is again angry with the Congress -- even before the previous contentious issues could subside -- over non-allocation of a preferred bunglow for her party office in the capital. Banerjee had zeroed in on bungalow number 14 on Bishamber Dass Marg as the ideal place to house her party office in Delhi.
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
