Less launches, pragmatic marketing, innovative packages, product bundling and online brand promotion, the real estate developers in Mumbai are leaving no stone unturned to beat the inflationary pressure.
Realty fund manager Azure Capital Advisors will start raising around Rs.200 crore to invest in residential projects in the southern and western parts of the country from next week.
Bollywood actor Shilpa Shetty and her British-born Indian businessman husband Raj Kundra have forayed into the real estate business with Kundra Constructions as the brand.
Mumbai-based Godrej Properties Ltd has entered into an agreement with associate company Godrej and Boyce (G&B) for the development of the latter’s large land holdings in the eastern part of Mumbai.
Housing supply is estimated to fall short of demand by 1.3 million units in seven major cities of the country during the next five years, according to a report.
Integrated township, 5-star hotel, shopping malls, multiplexes, and luxury apartments… backed by the NRI investment Nagpur is fast catching up on the real estate map of India to emerge as the tier I city.
The festivities around Navratra and Diwali are known to cheer up the sentiments of the property market.
While many of the Indian cities are reeling under the apprehension of slowdown with sales nosediving, Pune real estate has defied any such apprehensions.
Mumbai-based Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched a premium residential project Godrej Platinum at Hebbal, Bengaluru on Airport road.
The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.