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Indian property buyers in Dubai face regulatory scrutiny for using international credit cards (ICCs) for property purchases, a practice that circumvents established remittance channels. While not explicitly prohibited, this method clashes with RBI guidelines for capital account transactions. Investors are now seeking to rectify the situation through the Liberalised Remittance Scheme (LRS) to avoid penalties....
A rally in India's real estate stocks is gaining momentum, driven by optimism that robust residential pre-sales and a boom in luxury housing projects will bolster investor confidence....
Wyndham Hotels & Resorts is significantly expanding its presence in India, aiming to become a top growth market with over 50 new properties planned. The company intends to introduce more of its global brands while strengthening existing ones like Ramada....
Units of Indian real estate investment trusts are poised to extend gains on the back of falling interest rates and a buoyant commercial property market, analysts tracking the sector said....
Billionaire Gautam Adani's real estate division has decided against buying the Indian unit of Dubai-based developer Emaar Group due to disagreements on valuation, according to people familiar with the matter....
Housing sales across India's top nine cities dropped 23% in the January–March quarter over last year, as high prices and a slowing economy are making buyers cautious, according to a report by real estate data firm PropEquity....
Billionaire Gautam Adani's real estate unit has emerged the top bidder to redevelop one of the largest housing projects in Mumbai at an estimated 360 billion rupees ($4.1 billion), according to two people aware of the development....