Renowned market expert Mark Mobius expresses optimism about India's burgeoning real estate, metals, and semiconductor sectors.
Mark MobiusIndiaChinaReal EstateMetalsSemiconductorReal Estate NewsOct 05, 2024
Mark Mobius is a renowned market expert and investment veteran with over four decades of experience in the industry.
Mark Mobius is bullish on India's real estate, metals, and semiconductor sectors.
Mark Mobius is optimistic about India's growth prospects due to the country's favorable business environment, growing middle class, and significant investment in key sectors such as infrastructure and technology.
India still lags behind China in terms of economic size and growth, but has made significant strides in recent years.
Growth in India's real estate sector is being driven by increasing demand for housing and commercial spaces, driven by rapid urbanization and a growing middle class.
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Delhi-NCR's real estate market has experienced a significant surge, with one particular area witnessing an astounding 98% increase in property prices over the past five years. This growth, driven by various economic and infrastructural factors, highlights the robust demand for housing in the region.
The Delhi Development Authority (DDA) has filed a complaint against a real estate mafia involved in illegally selling flats under the PM Awas Yojna scheme. This scam has affected many low-income families who were promised affordable housing.
Mumbai's real estate sector witnessed a robust performance in February, with the city collecting Rs 896 crore in stamp duty. Despite being a shorter month, the average daily property registrations saw a 4% increase, highlighting the resilience and growth
Emperium, a renowned real estate developer, has unveiled its latest residential project, Emperium Premio, in Sector 37C, Gurugram. This luxury housing project boasts 216 meticulously crafted apartments, including 2, 3, and 4 BHK units and penthouses.
Infrastructure, real estate, building, budget. Growth rates in key sectors such as coal, fertiliser, and steel have moderated, while cement and refinery products show positive trends.