January 2024

Housing demand to touch 93 mn by 2036: Credai-Liases Foras Report

Housing demand to touch 93 mn by 2036: Credai-Liases Foras Report

Housing demand in the country is projected to touch 93 million by 2036 due to an increase in demand from both urban and rural areas, healthy macro-economic indicators and favourable demographics. Several Tier II and III cities are expected to spearhead both real estate demand and supply, a new report by Credai and Liases Foras has said. The Confederation of Real Estate Developers’...

Noida authority’s new building to be ready by November 2024

Noida authority’s new building to be ready by November 2024

The Noida authority will complete the new building of its main administrative office in Sector 96 by November-end, 2024, officials in the know of the matter said on Monday, adding that necessary steps will be taken to resolve all technical issues in the under construction building by February end, in accordance with the suggestions made by the Indian Institute of Technology, Delhi (IIT-Delhi), which...

Private equity investments into real estate register 26% decline in 9M FY 2024

Private equity investments into real estate register 26% decline in 9M FY 2024

Private equity investments in real estate registered a decline of approximately 26% in nine months of FY24 as both foreign and domestic investors reported lower activity. Activity from foreign investors remained subdued for most of this period due to global geopolitical uncertainties and a high interest rate environment, finds ANAROCK Capital’s FLUX report for 9M FY24. Private equity...

Greater Noida authority holds meeting with realtors

Greater Noida authority holds meeting with realtors

Uttar Pradesh additional chief secretary Manoj Kumar Singh, who is also chairman for the Greater Noida authority, on Sunday met 52 realtors and directed them to make use of the recently announced policy to address the financial issues being faced by the real estate sector. The Noida authority directed the promoters to make use of the recently announced policy to address the financial issues...

DLF’s Privana South attracts NRIs from across the world, including Africa

DLF’s Privana South attracts NRIs from across the world, including Africa

DLF said its newly launched luxury housing project Privana South in Gurugram generated sales of more than ₹7,200 crore in a matter of 72 hours, showing that its bet on a booming real estate segment in India is paying of thanks to rising disposable incomes and an increase in demand. The response for DLF's newly launched luxury project Privana South in Gurgaon has been “overwhelming and the...

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