Real Estate
Real Estate Sector Battles Heatwave: Innovative Measures to Maintain Project Timelines
India's real estate sector is implementing strategic measures to combat the impact of heatwaves on construction projects and worker productivity.
real estate news
Man Infraconstruction's Stock Surges After Major Real Estate Acquisition
Man Infraconstruction's stock saw a significant jump after the company announced the acquisition of a substantial stake in Man Realtors and Holdings, making it a wholly-owned subsidiary. This move is expected to bolster the company's real estate development business.
Real Estate Maharashtra
Man Infraconstruction Acquires 17,03,183 Equity Shares in MRHPL: Strengthening Real Estate Presence
Man Infraconstruction Ltd, a leading EPC and real estate developer, has acquired 17,03,183 equity shares in Man Realtors and Holdings Private Limited (MRHPL), making it a wholly-owned subsidiary. This strategic move aligns with Man Infraconstruction's growth plans in the real estate sector.
Real Estate
PSU Stock Surges on ₹50 Cr Order from Ministry of Tourism
The shares of NBCC (India) Ltd, a Navratna PSU company, have jumped after receiving a significant order worth ₹50.54 crore from the Ministry of Tourism for the development of Maa Chintpurni Temple in Himachal Pradesh.
real estate news
RBI’s 50 bps Rate Cut: A Boon for the Real Estate Sector
The Reserve Bank of India's (RBI) recent 50 basis points rate cut is expected to significantly boost the real estate sector, particularly the housing market. This move is anticipated to bring momentum to the premium and mid-segment housing sectors.
real estate news
Bengaluru: Construction Sector Slams the Brakes as OC Mandate Takes Effect
The Karnataka government's new mandate for an Occupancy Certificate (OC) for new water and electricity connections is causing a significant slowdown in the construction and real estate sectors. The rule is affecting thousands of buildings and construction sites, leading to concerns about job losses and economic impacts.