Economic Survey 2024-25 said on Jan 31 that as many as 1.18 crore houses have been sanctioned to beneficiaries of The Pradhan Mantri Awas Yojana – Urban (PMAY-U), and over 89 lakh have been completed. Economic Survey 2024-25 said on Jan 31 that as many as 1.18 crore houses have been sanctioned to beneficiaries of The Pradhan Mantri Awas Yojana – Urban (PMAY-U), and over 89 lakh have been...
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To decongest Bengaluru, the Karnataka state government on January 30 approved the Greater Bengaluru Integrated Suburban Project, an initiative to develop Devanahalli, Nelamangala, Hoskote, Doddaballapur, Magadi, and Bidadi as satellite townships around Bengaluru. The project is expected to enhance road and rail connectivity, significantly improving accessibility. The Karnataka state government...
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Founder and chairman of Vedanta Group, billionaire Anil Agarwal often shares glimpses of his life, including when he struggled to make a name for himself. In his latest post on X, he recalled how he purchased his first house in Mumbai, adding that when he thought of buying a flat, he only had ₹75,000 in his bank account. Indian Billionaire Anil Agarwal shared this photo on X....
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The real estate sector has performed well, driven by strong housing and office demand across the country. According to the Economic Survey, this growth is fueled by economic stability, positive market sentiment, and the expansion of physical infrastructure such as metro networks, roads, and improved connectivity, not just in Tier 1 and Tier 2 cities but nationwide. Economic stability and...
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Property registrations in Mumbai surpassed the 11,700 mark, according to data from the Inspector General of Registration and Controller of Stamps of Maharashtra. This reflects a year-on-year (YoY) increase of over 7% from 10,967 registrations recorded in January 2023. Mumbai real estate update: Property registrations in the city surpassed the 11,700 mark, according to data from the Inspector...
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In a significant move to resolve their ongoing dispute over the use of the ‘Lodha’ trademark, real estate tycoons Abhishek and Abhinandan Lodha have agreed to mediation. The Bombay High Court appointed a former Supreme Court justice to facilitate discussions, aiming for a resolution within five weeks. The Bombay High Court on January 31 directed real estate magnates Abhishek Lodha and...
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The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it has approved the layout plan for the proposed Film City in Sector 21, thereby issuing permission to filmmaker Boney Kapoor-led Bayview Bhutani Film City Private Limited to proceed with its construction on the ground. Greater Noida: Layout plan of Film City get Yeida approval Bayview Bhutani submitted the...
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Indian data centre infrastructure providers say the emergence of China’s low-cost artificial intelligence platform DeepSeek is expected to increase the need for more data centres rather than reduce demand. Indian data centre infrastructure providers say the emergence of China’s low-cost artificial intelligence platform DeepSeek is expected to increase the need for more data centres rather...
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Ajmera Realty & Infra India Ltd (ARIIL) has acquired a land parcel measuring 1,341.1 sq meters for ₹51 crore in the Ghatkopar East area of Mumbai and plans to develop a luxury housing project with an estimated revenue of ₹175 crore, the company said in a statement on January 30. Ajmera Realty & Infra India Ltd (ARIIL) has acquired a land parcel measuring 1,341.1 sq meters for ₹51...
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Panasonic Life Solutions India Private Limited has purchased a land parcel measuring 6,586 sq meters worth ₹160 crore in the Andheri area of Mumbai, according to property registration documents accessed by Square Yards. Mumbai real estate: Panasonic Life Solutions India Private Limited has purchased a land parcel measuring 6,586 sq meters for ₹160 crore in the Andheri area of Mumbai....
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