Tuesday , 7 October 2025

Housing

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Chennai’s Third Master Plan Aims for Sustainable and Integrated Urban Growth

Chennai’s third master plan focuses on sustainable and integrated urban growth, combining economic, housing, and transport strategies to reduce commute times, curb emissions,...

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Prestige Group Bets on Mid-Income Housing Across Bengaluru, Chennai, and Mumbai to Drive Growth

Prestige Group is strengthening its mid-income housing portfolio across Bengaluru, Chennai, and Mumbai to sustain growth. With a target of ₹27,000 crore in...

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CREDAI and NAREDCO Urge RBI to Cut Repo Rate Below 5.5% to Boost Affordable Housing Demand

CREDAI and NAREDCO urge RBI to cut repo rate below 5.5% to boost affordable housing demand, homebuyer confidence, and real estate sector growth.

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Escorts Kubota Construction Equipment Sales Decline 19% in September, Recovery Expected with Festive Season Boost

Escorts Kubota’s construction equipment sales fell 19% in September 2025 to 413 units, hit by monsoon disruptions and project delays. Festive demand and...

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Karnataka Proposes ₹50,000 Fine for Illegal Subletting Under New Rent Law

Karnataka proposes major rent law changes, imposing up to ₹50,000 fines for illegal subletting, unlawful evictions, and unregistered real estate agents.

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WeWork India Set to Launch ₹3,000 Crore IPO in October

WeWork India is set to launch its IPO on October 3, aiming to raise up to ₹3,000 crore through a full Offer for...

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RMZ to Invest ₹1,800 Crore in New IT Park on Chennai’s Mount–Poonamallee Road

RMZ Group has proposed a ₹1,800 crore investment to develop a 3.6 million sq. ft. IT park on Chennai’s Mount–Poonamallee Road. The project,...

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GST Cut on Cement Brings Little Relief as Prices Drop Marginally

Despite the GST cut on cement from 28% to 18%, consumers saw little relief as prices dropped by only ₹5 per 50-kg bag....

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State Highways Authority to Build Roadside Facilities in Seven Districts

Tamil Nadu State Highways Authority plans roadside facility centres in seven districts with toilets, parking, EV charging, restaurants, and commuter safety.