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Industry News

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Industry News

  • Can the Navi Mumbai Development Plan 2018-38 pave the way for more inclusive housing?

    The Navi Mumbai Draft Development Plan 2018-2038 is the first development plan to be formulated since the formation of the Municipal Corporation. When Navi Mumbai was conceptualised, planning authorities wanted to decongest Mumbai and shift industrial and housing demands to Navi Mumbai.

     

  • REITs grew nearly 7% in India, some delivered 8% annual returns: Report

    India recorded 6.85 percent year-on-year (YoY) growth in the total leasable area of listed Real Estate Investment Trust (REITs), an increase from 87.6 million square feet (msf) to 93.6 msf between September 30, 2021, and September 30, 2022, according to a report by Windmill Capital, a wholly-owned subsidiary of Smallcase Technologies Pvt Ltd.

     

  • Data center stock to double in next 3 years to 20 million sq ft: Colliers

    India’s data center stock is likely to double to about 20 mn sq ft by 2025 from the current 10.3 mn sq ft, according to Colliers’ latest report “Data center: Scaling up in Green age”.

     

  • 3 things to do to avoid delays in paying EMI or credit card dues

     

    A delay in EMI or credit card bill payment can be a costly mistake. It can impact your credit score and put an additional financial burden on you. However, there are some simple tips you can use to avoid late payment penalties on credit payments and save money in the process.

     

    Let’s find out what these tips are.

  • Motilal Oswal invests Rs 450 cr in Shapoorji Pallonji Real Estate

     

    Motilal Oswal Alternates (MOA), the alternative investment arm of the Motilal Oswal Group, has made its first investment of Rs 450 crore in Shapoorji Pallonji Real Estate, against two of developer group's projects.

     

  • Adani Group clinches Dharavi redevelopment project with Rs 5,069-crore bid

    Adani Group has won the bid for the redevelopment of Mumbai's Dharavi area, one of the largest slum clusters in Asia.

     

    The Maharashtra government authorities, on November 29, opened the financial bids for the Dharavi redevelopment project.

     

  • Amnesty scheme generates Rs 122 crore for Odisha

     

    The amnesty scheme rolled out by the state government to regularise unauthorised constructions fetched over Rs 120 crore for the exchequer, informed Housing and Urban Development Minister Usha Devi in the Assembly on Tuesday. The minister said the state government introduced Schemes for Regularisation of Unauthorised Construction in 2018 and 2019.

     

  • “Urbanisation, digitisation, better infrastructure, to drive demand growth in the Housing Finance Sector”

    Buying a house is a very emotional decision and has a huge financial impact, so an increase in income usually leads to a rise in demand for bigger homes.

  • Housing Sales Go Up Nearly 3 Times In Gurgaon, More Than 50 Per Cent In Noida

     

  • Startup companies leading office real estate leasing in India: Report

    With over 6.97 million sq ft of space leased to startups in the first half of 2022, the industry is pegged to be one of the top office occupiers in the coming years, according to JLL's report titled "A startup's guide to office space".