UK’s BII Looks to Go Big on India’s Affordable Housing, MSME Sectors
Development finance institution looking for innovative funding ideas, says top executive. Kolkata: Multinational funding organisation British International Investment (BII) is looking to raise exposure to India’s affordable housing finance and micro, small and medium enterprises (MSME) the sectors that receive continuous government support and have shown significant improvements in asset quality metrics. The British government’s […]
Bhanwarkuan flyover 70% work done, if temple site is found then one lane will start in April.
Indore | Up to 70% work of Bhanwarkuan intersection flyover has been completed. Only the steel girder is yet to be launched in the lane of Art and Commerce College. The girder is to be inserted just above the dome of the temple. Both solid approaches of the remaining bridge preparations have started. A lane […]
NBCC Sells 480k-sq-ft Commercial Space in Delhi Project for ₹1.9k cr
New Delhi: NBCC has sold approx- imately 480,000 square feet of commercial space for about ₹1,905 crore in the World Trade Centre project at Nauroji Nagar in New Delhi. Major organisations such as Power Finance Corporation, Security Printingand Minting Corporation of India, and Solar Ener- gy Corporation of India participated in the recent e-auction and […]
K Raheja to Jointly Develop Luxury Project in Mumbai
Worli residential project likely to have revenue potential of over 2k crore. Mumbai: Realty developer K Raheja Corp will develop a 2.5-acre land parcel in Mumbai’s Worli into a luxury residential project with re- venue potential of more than ₹2,000 crore, said people with direct know- ledge of the development. The developer’s residential plat- form […]
Indian Housing Mkt Continues Record-breaking Sales March
Top 7 cities see sales jump 14% in March qtr; MMR, Pune account for over 51% of deals. New Delhi: India’s housing market continued its post pandemic growth trajectory, achieving record-brea- king sales in the March quarter. The top seven cities achieved sales of 130,170 units during the quarter, a 14% growth from a year […]
New four lane will be ready from Bhopal to Indore-Ujjain in two years, time will be saved
New four lane till Sehore • It will take half an hour less to travel from Indore to Bhopal. Out of total 36.5 km, 14 km four lane road is almost ready. In the next two years, a new four-lane option will be available from Bhopal towards Indore and Ujjain. More than 10 lakh population […]
SM REITs can Help Investors Bet On High-value Assets
0 M SQ FT DEVELOPMENT PLANNED BY REALTY PLAYER DLF FOR FY25. The Securities and Exchange Board of India (Sebi) has introduced amendments to the REIT Regulations 2014, outlining provisions for the establishment of small and medium real estate in- vestment trusts, known as SM REITs or micro-REITs. This move by the capital market regulator […]
Preparation to start work on the second phase of Chandrabhaga from Jawahar Marg.
Will give consent to the residents before removing the obstacles. Indore. Under the Smart City Project, the work on the important road connecting Chandrabhaga to Jawahar Marg has been completed in the first phase. However, the obstacles in the areas around the temple are yet to be removed. On the other hand, preparations are now […]
Preparations to build elevated bridge reach final stage
Indore. Preparations for building an elevated bridge between MR-9 and Naulakha on the BRTS corridor have reached the final stages. april The field work of this longest bridge of the city will start. PWD Bridge Cell is preparing to start its work from Industry House Tiraha to LIG. Work will start between Industry House and […]
Property: 33000 crore foreign capital annually
Trend of small cities • Developers to double investment to Rs 1,000 crore in Tier-2/3 cities in 2023. The interest of foreign investors in Indian real estate is increasing. During the last 5 years, he invested an average of Rs 33,000 crore every year in this sector. According to a report by Canadian investment management […]
