Construction
India’s Real Estate Innovation: PropTech Powers $16 Billion Affordable Housing Growth
India’s affordable housing sector is driving growth in PropTech investments. A recent study by HDFC Capital, Brigade REAP, and Knight Frank reveals that...
Perungudi-Velachery MRTS Road Set for Major Real Estate Boost
Greater Chennai Corporation (GCC) is set to transform the 3-km stretch of Perungudi-Velachery MRTS Station Road into a vibrant commercial and residential hub...
Karnataka Increases Stone Mining Royalties, Potential Impact on Real Estate Industry
The Karnataka Cabinet has approved an increase in the royalty on mining minor minerals, particularly stone quarries. The new rate of Rs 80...
Microsoft’s Recent Land Acquisition in Hyderabad to Stimulate Real Estate Growth
Microsoft’s Land Acquisition in Hyderabad to Drive Real Estate Growth Microsoft Corporation (India) has purchased 25 acres of land in Mekaguda, Hyderabad, for...
GIS-Based Master Plans for Central Tamil Nadu Towns in Progress: DTCP Initiates Action
The Directorate of Town and Country Planning (DTCP) is launching GIS-based master plans for towns in central Tamil Nadu. These include Ariyalur, Perambalur,...
Steel Prices Surge in Chennai, Hyderabad, and Bellary Amid Market Volatility
On December 6, 2024, steel prices in South India saw a notable increase. Mills raised their offers for semi-finished and finished long products...
CREDAI President Boman Rustom Irani Welcomes RBI’s Rate Decision, Eyes Further Reductions
Boman Rustom Irani’s Views on RBI’s Latest Move Boman Rustom Irani, President of CREDAI (National), shared his thoughts on social media, expressing appreciation...
Cement Prices Rise in December, But Dealers Concerned About Sustainability Amid Low Demand
Cement prices have surged in December, with an average increase of ₹5 per bag, reaching ₹342 across India. This rise is particularly notable...
India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers
India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...
Smart City 2.0: Tamil Nadu Proposes 15 Cities to Union Govt
Tamil Nadu has officially proposed the inclusion of 15 cities in the upcoming Smart City 2.0 initiative, set to launch in 2025. The...
