At long last, India’s overpriced real estate market could come back to earth with a thud. Developers trying to sell costly property cannot find buyers, who in turn find themselves squeezed out of the market by rising mortgage costs and inflated property prices. Inventory, jargon for built-up homes that haven’t been sold, is piling up. [...]

Jeweller Gitanajali Gems plans to develop 100,000 square feet of commercial real estate in addition to the 400,000 square feet land it is   already developing in Mumbai’s suburbs, managing director Mehul Choksi said on Monday. “All of this land is what we own and we have factories on this. We are moving out our [...]