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.
Real Estate
Capacite Infraprojects: A Mukul Agrawal-Backed Stock to Watch in the Construction Sector
Capacite Infraprojects, backed by prominent investor Mukul Agrawal, boasts an impressive order book 278% higher than its market cap, making it a stock to watch in the rapidly expanding Indian construction sector.
real estate news
India's Q4FY25 GDP Surges to 7.4%, Exceeding Expectations
India's GDP growth in Q4FY25 reached 7.4%, surpassing expectations and marking a 4-quarter high. The construction sector saw a significant 10.8% increase, while agriculture and private consumption also showed robust growth.
real estate news
RBI Projects India's Real GDP Growth at 6.5% for FY 2025-26: Key Sectors Drive Economic Momentum
The Reserve Bank of India (RBI) has projected a robust 6.5% real GDP growth for India in the fiscal year 2025-26, with key sectors like construction, financial, real estate, and professional services driving the economic momentum. Finance Minister Nirmala Sitharaman highlights the country's sustained growth, emphasizing its position as the fastest-growing major economy for the past four years.
real estate news
NCC Ltd: A PSU Stock with an Order Book 390% Higher than Market Cap to Watch
NCC Ltd, a prominent player in India's civil construction sector, has achieved an all-time high order book of Rs 71,568 crore, significantly exceeding its market capitalization. This robust order book, driven by major project wins and government investments, positions NCC as a key player in the growing infrastructure market.
real estate news
Oberoi Realty Sees Positive Trend Amid Market Volatility and Sector Gains
Despite market volatility, Oberoi Realty has shown a positive trend alongside the broader real estate sector. The company's performance is a testament to its resilience and strategic growth plans.