More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.
Home sales are down, cash flows are drying up but builders just can’t cut on advertising.
Sample flats are indicative only – they basically serve the purpose of giving the intending purchaser a sense of space and dimension.
An integrated township at the heart of a city like Mumbai? You must be joking. Right?
While the city of Mumbai is known for living in cramped space with high-rise & high-density being the norm, Kohinoor City has opted for low-rise and low-density township.
DLF Ltd will focus on plotted development in the short term in a bid to weather the blow from rising inflation and input costs.
Financial services firm ASK Investment Holdings Pvt. Ltd, has floated a real estate company, Pashmina Developers.
The Indian rental housing sector is seriously under-serviced by the organized real estate industry.
Rakesh Dhamija has spent five years with a multinational company in Spain. During his morning-to-evening business travels he always opted for hotel lounges in various parts of Europe.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.