Indian expats have started investing property in India in a big way. Increasing job security in Gulf countries, coupled with fears of recession in Europe and North America, are prompting NRIs (non-resident Indians) to repatriate their savings to Indian assets, the most favoured being property in India. (more…)

55 per cent of all properties in London worth more than £750,000 that it sold were bought by foreigners this year, compared with 45 per when the housing market hit its peak during 2007. (more…)

India is expected to be the world’s fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. (more…)

There are few takers for affordable Indian houses now, according to a report released by PropEquity, a real estate consultant. (more…)

Nearly 5 million square feet of mall space will come up in Ahmedabad by the end of 2010. There are 11 new malls in the pipeline, which are under construction for over last one year. (more…)

The Ahmedabad highway is lined with container trucks that ferry Tata’s Rs 1-lakh car Nano to the rest of the country. With scores of 26-wheeler container trucks moving in and out of the plant, the sleepy township is waking up to a new dream. (more…)

Kolkata’s Rs. 6,000-crore Barrackpore to Joka light rail transit (LRT) project has now been put on the backburner. (more…)