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.
Manit Rastogi, founding partner of Morphogenesis, discusses the increased demand for sustainability and eco-friendly homes in Indian real estate.
The actor's office space in Signature Tower, located along Veera Desai Road in Oshiwara, has been leased for a 5-year term.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered ₹175 crore from real estate developers who failed to hand over apartments to home buyers in Mumbai and Pune.
The Enforcement Directorate (ED) has conducted raids on two NCR-based real estate companies, seizing bank deposits worth over Rs 31 crore and luxury cars. The companies are accused of defrauding homebuyers to the tune of Rs 500 crore.
In 2023, the real estate market in Pune witnessed a significant surge of 28% in home prices. This increase has pushed many residents to look for affordable housing options in the city's outskirts, as the core areas have become increasingly expensive.
Following the Bombay High Court's criticism, the Brihanmumbai Municipal Corporation (BMC) has intensified its efforts to control air pollution with ward-level inspections and strict regulations for construction sites.