The Maharashtra Pollution Control Board issued a stop-work order to Indiabulls Real Estate for starting construction work on its Elphinstone Mills property at Lower Parel without environment clearance.
In Mumbai, rising costs and lack of space make it unfeasible for residents to move out of aging and often sadly dilapidated housing societies.
ICICI Venture Funds Management plans to raise Rs.7.50 billion to Rs.10 billion ($167 million to $223 million) for its second real estate fund.
The Confederation of Real Estate Developers Association of India is evaluating the possibility of replicating the onsite training model for construction workers.
CREDAI India has announced Ashoka Developers and Builders managing director N Jaiveer Reddy as Chairman of CREDAI Hyderabad.
In a path breaking transaction set to the backdrop of Mumbai’s curtailed land scenario, Mafatlal Industries has sold a land parcel consisting of 30,910sq m.
The Indian Property Show opened at Dubai World Trade Center, Hall No.4.
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
I was recently asked about the role IT has played and will continue to play in the demand for high-end housing in Bangalore.
The real estate sector has posed “some concerns” given the large and growing share of these loans in the credit portfolio of banks.