Amit Shah in Pune: Western India to Drive India's Growth with 120% Effort in Key Sectors. Real Estate plays a significant role in this ambitious plan.
Amit ShahPuneReal EstateInfrastructureEconomic GrowthReal Estate PuneFeb 22, 2025

Amit Shah visited Pune to emphasize the importance of Western India in driving India's economic growth and to highlight the government's plans for rapid development in key sectors.
The key sectors mentioned include real estate, infrastructure, economic zones, and social development initiatives.
Real estate is expected to play a significant role with a surge in demand for residential and commercial properties, driven by increasing investments and developmental projects.
Projects such as the Pune Metro, expansion of the Pune Airport, and the development of new industrial parks are currently underway to support the growing population and economic activities.
Efforts are being made to integrate green building practices and renewable energy solutions into the development plans to ensure that the region's growth is environmentally sustainable.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.