According to developers and brokerage firms, the US, Singapore, the UAE, Australia and Saudi Arabia have emerged as big markets for them and they have dedicated teams to help buyers in selecting the projects. According to market sources, the country s biggest developer DLF in its last project Privana South in Gurugram, had achieved 25% share (about Rs 1,800 crore) in NRI sales. Overall, during fiscal year 2023-2024, sales from NRI investors surpassed Rs 3,400 crore for DLF, which is almost 20% of total sales.
When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter also increases.
Adani Group’s real estate business is fairly new just 14 years old. But it is fast becoming a key mover and shaker in India’s booming real estate market. In fact, the company has the potential to become India’s largest developer. We tell you why.