Institutional Investments in Realty Hit a 3-Year High
SKY SEEMS TO BE THE LIMIT FOR INDIA’S PROPERTY MARKET Industrial, warehousing sectors help inflows in June qtr to rise to $2.5B Institutional investments in India’s real estate sector touched a three-year high of $2.5 billion in the June quarter backed by robust activity in the industrial and warehousing, and residential segments, according to Colliers, […]
Office Leasing Surges to New Record in First Half of 2024
SKY SEEMS TO BE THE LIMIT FOR INDIA’S PROPERTY MARKET Strong economics cues, rise in corp occupancies boost market by 29% The Indian office property market has demonstrated robust performance in the first half of the year, driven by a resurgence in economic activity and a notable increase in corporate occupancies, reflecting the sector’s resilience […]
Prices of Properties Under Construction Surge 50%
PREMIUM, RESIDENTIAL PROPERTIES IN DEMAND Prices of premium residential under-construction properties in places like Delhi, Noida, Gurugram, Bengaluru and Mumbai have increased by up to 53% in the first half of 2024 from a year earlier, according to property consultancy Savills India. Among these cities, Gurugram reported the steepest increase, it said. Under-construction projects in […]
ICICI Prudential AMC Buys Office Tower in Mumbai for 315 cr
PAYS OVER 18.9 CRORE AS STAMP DUTY The 60K-sq ft office, belonging to realtor Kalpataru, will house AMC’s head office ICICI Prudential Asset Management Company has acquired an entire commercial tower in Mumbai’s western suburb Santacruz for over ₹315 crore from realty developer Kalpataru’s subsidiary Ixora Properties. The newly acquired tower, built on one-third of […]
Indore-Ujjain-Pithampur journey currently takes 4 hours, if we bring rapid rail transit system, 3 hours will be saved.
Study on 30 years of traffic, passengers will double after 17 years, will be able to reach Ujjain from Indore in just half an hour. Delhi Metro Corporation’s suggestion to the government Delhi Metro Rail Corporation (DMRC) has suggested to the state government that connecting Indore, Ujjain, Pithampur with Regional Rapid Transit System (RRTS) will […]
The road from Gangwal to Collector’s office will be 45 meters wide… Flyover worth Rs 81 crore will be built
Authority Board approved the proposal, will send it to city and village investment, also gave administrative approval for Mhow Naka flyover. In the board meeting of the authority held on June 19, the proposal to widen the road from Gangwal bus stand to the collector office from 30 meters to 45 meters was agreed to […]
NHAI’s Rs.44kcr Projects may get PPP Back to Fast Lane
A 900-KM ROADTRIP IN FY25 Traction seen in BOT projects after model concession agreement amendments The National Highwa- ys Authority of India (NHAI) plans to offer 15 road projects worth Rs 44,000 crore covering 900 km for bids under the build-operate-trans- fer (BOT) mode in FY25. If success- ful, this could mark the comeback of […]
A 5-runway green field airport will be built on Dewas Road, which will cost Rs 300 crore.
Devotees coming from India and abroad will be able to get transportation facilities. Now a 5-runway green field airport will be built in Ujjain. Five helicopters can be kept in it. Datana-Matana airstrip on Dewas Road After expansion, ATR-72 will be made in the first phase. On this, 72 seater aircraft will be able to […]
Now barricading starts for metro elevated track from Robot to Khajrana.
On one hand, controversy is going on regarding the underground track in the metro project and there is also talk of getting a fresh survey done. On the other hand, under the second phase of the metro project, the contractor company has also started the work of elevated track from Robot intersection to Khajrana and […]
Only Indore from Central India included in the list of new real estate hot spot cities of the country.
Due to the rapid development work happening in Indore city and better transport connectivity, only Indore city has been included from Central India. Many works like improving the basic facilities, strengthening the real estate sector, developing industrial areas and promoting tourism are being done very fast in this city. This is why with time, the […]
