With the Union Budget 2024-25 around the corner, investors anticipate a boost for infrastructure, manufacturing, and agri sectors, sustaining the growth momentum.
Union Budget 2024Indian EconomyInfrastructureManufacturingAgri SectorsInvestor ExpectationsReal Estate NewsJul 19, 2024
Investors anticipate a boost for infrastructure, manufacturing, and agri sectors, sustaining the growth momentum.
Consumer durables, industrials, capital goods, real estate, and infrastructure have outperformed the market.
GST, 'Make in India', PLI schemes, and digital India campaign have contributed to the growth momentum.
RERA, PMAY, and other affordable housing schemes have boosted real estate demand, while the introduction of REITs provided an alternative investment avenue.
Analysts are positive on the PSU space, with expectations of a boost from infrastructure spending, job creation, and revenue growth.
Real Estate giant IMC leases office space in Mumbai's Maker Maxity 4 North Avenue building, setting a new record for one of India's highest rental deals.
Pune reported the highest quarterly growth, around 307% in value terms, whereas absorption declined by 48% in Chennai during Q2 2024.
The housing market in Delhi NCR experienced a surge in the first half of 2024, with Gurugram leading the way by accounting for 55% of the new launches.
The Advertising Standards Council of India (ASCI) has released a report detailing the sectors that received the most advertising complaints over the past year. Real estate topped the list with 34% of complaints, followed closely by illegal offshore bettin
Pune-based real estate developer Marvel Realtors has unveiled an ultra-luxury high-rise residential project named Basilo in the prestigious Koregaon Park area. The project promises to redefine luxury living with its state-of-the-art amenities and prime location.
IHCL, a leading hospitality company in India, has announced the opening of its SeleQtions hotel in Anjuna, Goa. The hotel aims to offer a unique blend of luxury and local charm, making it a top choice for travelers. Suma Venkatesh, Executive Vice President of Real Estate & Development at IHCL, highlighted the strategic importance of Goa's scenic coastline in the company's expansion plans.