Real estate and infrastructure are often considered the cornerstone of any economy, consistently serving as a barometer for a nation’s progress. Since India’s economic liberalization in 1991, the real estate sector has emerged as a key driver of development, leveraging its multi-sectoral impact. With the nation striving toward the ambitious goal of becoming a $5 […]
Surge in Housing Demand: In April 2024, housing demand in India’s seven major cities experienced a notable uptick, with a 28% year-on-year increase. This surge reflects a positive trajectory in the real estate market, complemented by a 17% year-on-year increase in demand thus far in 2024. However, amidst this surge, there are nuanced trends emerging, […]
Unforeseen Growth in the Western Region: During the IT boom in 2004, the rapid development of Hyderabad’s western region, particularly areas like HITEC City and Gachibowli, caught many by surprise. This surge led to a significant increase in real estate transactions, with the western corridor emerging as the primary beneficiary. However, this concentrated growth has […]
Driven by the rising adoption of Artificial Intelligence (AI), India’s data center industry is expected to expand by 791 megawatts (MW) of capacity by 2026. This growth will create a demand for 10 million square feet of real estate, attracting investments totalling $5.7 billion, according to a report released on Friday. AI and Data Center […]
Maharashtra’s real estate regulator has announced the suspension of registration for 20,000 real estate brokers, significantly reducing the pool of registered agents in the state to just 13,000. Maharashtra’s Real Estate Regulator Suspends Registration of 20,000 Property Brokers Since its inception in 2017, the regulator has been actively involved in the registration and oversight of […]
he UP-RERA benches will proceed to make a unilateral decision in accordance with the provisions outlined in the RERA Act. UP-RERA Issues Public Notice to Promoters for Online Hearings The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has taken a proactive step by issuing a public notice in newspapers, summoning promoters from various districts of […]
Abhishek Lodha, Managing Director and Chief Executive Officer of Macrotech Developers, revealed plans for the company to allocate ₹3,500-4,000 crore towards new business development initiatives. This investment will primarily focus on acquiring land parcels to fuel future development projects. Title: Macrotech Developers Unveils Ambitious Investment Plans for Business Expansion Macrotech Developers, under the leadership of […]