Urbanization
Realty Boom: Builders Buy 6,000 Acres for ₹90,000 Crore in 2 Years
Land acquisition in India’s real estate sector has touched a frenzy, with developers acquiring almost 6,000 acres of land valued at ₹90,000 crore from...
Tamil Nadu’s Household Consumption Sees Significant Growth in 2023-24
Tamil Nadu has seen an increase in household consumption in FY24 with rural and urban sectors growing. Kerala’s average monthly per capita consumption expenditure...
CMDA Declares Land Pooling Scheme for Madambakkam and the Surrounding Regions
The CMDA has unveiled plans to form a Land Pooling Area Development Scheme (LPADS) that would stretch over 242.81 hectares (approximately 600 acres)...
Land Deals Surge to Over 2,200 Acres in 2024, Driven by Housing Projects, Says CBRE
The Indian real estate sector witnessed a significant uptick in land deals in 2024, with transactions surpassing 2,200 acres, according to data from...
CMDA Unveils Master Plan for Chennai Outer Ring Road Development
The Chennai Metropolitan Development Authority (CMDA) has announced plans to e-auction land parcels along the Chennai Outer Ring Road (CORR) in January, signaling...
Proptech Market to Hit $600 Billion by 2047: Credai-EY Report
The proptech segment in India’s real estate market is projected to surge from $10.5 billion to $600 billion by 2047, according to a...
Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings
The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...
