The property market in India has become one of the biggest sectors in India always buzzing with activity. It was hit by the global fiscal flu that caught the economies of the world for eighteen months but has been on the revival path from last two quarters. (more…)

New Delhi real estate will soon have a regulator by the end of 2010. Urban Development Minister S. Jaipal Reddy said Thursday. He also said the government was talking to other states to have similar regulators. (more…)

Over 34 per cent of Indian property seekers across the country want to own real estate in Delhi-NCR. This has been revealed in a recent ‘Realty Trends 2010’ survey in metros and tier II cities. Delhi/NCR is the most preferred Indian real estate investment destination in 2010, nationally. Mumbai real estate comes as the second choice with 28 per cent buyers willing to buy a house in the city. Bangalore real estate and Hyderabad real estate come next in line with 11 per cent interested buyers each, nationally. (more…)

Delhi real estate: India’s largest real estate company by revenue, DLF, today stated that it has sold more than 1,200 units of the Panchkula Valley project in less than a week of opening sales. (more…)

Infrastructure development, fuelled by the upcoming Commonwealth Games, has ensured that Delhi real estate is emerging as the most preferred real estate market in the country. (more…)

The state-of-the-art integrated terminal, called T3, of Indira Gandhi International Airport (IGIA) in New Delhi is poised to be the world’s second-largest, after Beijing in China, in terms of size. (more…)

Real estate values have reached new heights along Metro routes in Delhi, a study has found, revealing that a Metro station in the locality pushes up prices by at least 22 per cent. (more…)

The Indian capital Delhi has moved two notches up and has re-entered the top 10 list of the world’s most expensive office market, while the financial capital Mumbai has slipped one notch down, even as globally demand for office space has been softening, says a report. (more…)

UK-based serviced office provider Avanta, which blocked properties at the peak of the realty boom in India and started offering office space to clients during the downturn, is in the process of shutting down its Mumbai operations after incurring significant losses. (more…)

Excess supply has made office rentals in key commercial centres in Mumbai and Delhi come down by half over last year, and realty analysts fear that with business houses waiting for economic activity to pick up speed and a raft of new commercial facilities nearing completion, the rates could head further southwards. (more…)