US-based investment giant Blackstone's CEO Stephen Schwarzman has expressed confidence in India's real economy, highlighting its strong long-term prospects. Blackstone, the largest owner of commercial and retail real estate in India, continues to see sign
IndiaReal EconomyBlackstoneStephen SchwarzmanInvestmentReal Estate NewsMar 12, 2025

Blackstone is the largest owner of commercial and retail real estate in India, with a substantial portfolio of prime properties including office spaces, retail complexes, and logistics parks.
Key factors include India's young and growing population, favorable business environment due to government reforms, and the potential for significant growth in the real estate and technology sectors.
Some challenges include the need for continued reforms to improve the ease of doing business and addressing issues like urbanization and environmental sustainability.
The Indian government has launched initiatives such as the Make in India and Digital India programs to attract foreign investment, particularly in the manufacturing and technology sectors.
Blackstone plays a significant role in India's economic development through its investments in real estate, which help in the creation of modern infrastructure and job opportunities, thereby contributing to the country's growth.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.