Home Sales Continue to Rise In Spite of Higher Interest Rates
Top property mkts see sales cross 74K in Mar quarter on stable economic conditions, demand Mumbai: Stable economic conditions, positive buyer sentiment, and supply from established developers is helping Indian residential property market scale a new high. The first quarter of the year has recorded the highest residential sales to date despite higher mortgage rates […]
Real estate market will triple in 10 years
Sector Report • Currently Rs 40 lakh crore. 124 lakh crore by 2034. expected to reach. The demand for residential and commercial real estate is increasing rapidly in the country. In the coming 10 years i.e. by 2034, the real estate market of the country is expected to grow more than 3 times to reach […]
Efforts to prepare the first metro station by the end of May
* Indore. Efforts to prepare the city’s first metro station by the end of May have started in full swing. The work of SC-3 station in front of TCS Company on the Super Corridor is about to reach its final stage. After this, the process of getting other stations including Gandhi Nagar ready will begin. […]
The authority will build 45 km long master plan roads in 7 TPS schemes.
While development work is being started in the 7 HEPS schemes currently being implemented by the authority, roads of about 45 kilometer length as per the master plan are also being constructed. Now Collector Ashish Singh, along with Authority CEO RP Ahirwar and other officials, saw the ongoing work of these master plan roads and […]
Khajrana in May, one arm of Bhanwarkuan flyover will start in June; The road to Ring Road and AB Road will be easy
One lane of Khajrana flyover being built on Indore Ring Road will start functioning in May. One lane of Bhanwarkuan flyover being built on AB Road will start in June. Opening of one lane each of both the flyovers before the rains will provide relief to traffic. IDA has reviewed the flyovers at Footi Kothi […]
New Indore will be located between Super Corridor-Ujjain Road, name will be – Ahilya Nagar, 15 minute city concept like Paris – houses, markets, offices all will be at one place.
The government has agreed that the new city will take shape in 5 thousand hectares, there will be large clusters of land, big developers and investors will be able to come. The government is now going to prepare the country’s cleanest city Indore on global city standards. Along with the present city, work has been […]
Rentals for Green Offices May See Uptrend Amid Rising Demand
Demand set to outpace supply as occupiers aim for 100% green portfolio by 2030: JLL study Mumbai: The emergence of environmentally conscious occupiers of commercial real estate prioritising the decarbonisation of their portfolios has led to a substantial increase in demand for sustainable buildings that is expected to outpace supply across key property markets of […]
Repo Rate Pause, Growth Outlook to Keep Housing Sales Momentum Steady
Analysts predict a potential rate cut later in the year, further boosting housing demand across segments. Mumbai: The Reserve Bank of India’s (RBI) decision to maintain the repo rate at 6.5% for the seventh straight review mee- ting and expansive economic growth outlook, is expected to support stable growth momentum in the housing property market. […]
Outer Ring Road; Work will start in 2 months, 11 flyovers will be built, will pass through 4 rivers, traffic load of ring road and bypass will reduce.
The work on the 140 kilometer long and 80 meter wide six lane outer ring road will start in two months. NHAI (National Highway Authority of India) will build it. According to the detailed survey, land from villages of Indore, Dhar and Dewas districts will be acquired. Outer Ring Road will prove to be very […]
Swamih, Nisus Fin Infuse ₹465 cr into Hyderabad Projects
Mumbai: The Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH) and realty credit fund Nisus Fi- nance have together invested a total over 465 crore across two Hyderabad projects of Aliens Developers. SWAMIH, the state-backed and SBICAP Ventures-managed last- mile financing platform created to give traction to stalled hou- sing. […]
