Construction

Senior housing needs PMAY-like grants and tax benefits as ageing population surges in India: CREDAI-KPMG Report

Senior housing needs PMAY-like grants and tax benefits as ageing population surges in India: CREDAI-KPMG Report

India’s senior population is expected to more than double from 157 million in 2024 to 346 million by 2050, accounting for over 20.6% of the country’s total population. This demographic shift highlights the urgent need for a more structured and inclusive approach to senior living—moving beyond traditional care homes, according to a report launched by CREDAI-KPMG at the two-day New India Summit in...

Women’s Day: 5 things women should know before investing in property

Women’s Day: 5 things women should know before investing in property

Planning to buy property is an exciting milestone, especially for women with high-paying jobs and financial independence. According to SquareYards, a real estate marketplace, the number of women homebuyers has increased with 1.29 lakh residential transactions registered solely by women in 2024 in top cities—a 14% increase from last year. Women's Day 2025: Many women who have high-paying jobs...

Navigating property inheritance laws: What you need to know this Women’s Day

Navigating property inheritance laws: What you need to know this Women’s Day

As we celebrate Women’s Day, it’s important to reflect on women's rights and legal protections when it comes to inheritance and property ownership. While legal frameworks continue to evolve, understanding women's rights in matters such as joint property ownership, succession, and will contestation is essential. Women’s Day 2025: Here’s a guide to property inheritance, will validity, and...

Real estate is not just about tall buildings, but also data centres and Global Capacity Centres: BJP leader Smriti Irani

Real estate is not just about tall buildings, but also data centres and Global Capacity Centres: BJP leader Smriti Irani

Real estate is not only about building tall towers or gated communities for people, either in big cities or emerging cities, but it is also about building capacities for the future data centres and building capacities for attracting more Global Capacity Centres into the country, said BJP leader Smriti Irani on March 7 at the New India Summit organized by the real estate developers' apex body, CREDAI,...

Real estate developers target Tier-2 and Tier-3 cities: 44% of 3,294 acres of land acquired in 2024

Real estate developers target Tier-2 and Tier-3 cities: 44% of 3,294 acres of land acquired in 2024

As many as 44% of the 3,294 acres of land acquired by real estate developers in 2024 were concentrated in the emerging hubs of India’s Tier-2 and Tier-3 cities, said a research report on the real estate sector of 60 Indian cities, released by CREDAI-Liases Foras during the New India Summit 2025 in Nashik, Maharashtra. As many as 44% of the 3,294 acres of land acquired by real estate...

Karnataka’s Budget 2025 focuses on affordable housing, infrastructure, and flood mitigation

Karnataka’s Budget 2025 focuses on affordable housing, infrastructure, and flood mitigation

Karnataka Chief Minister Siddaramaiah, presenting the state budget for 2025-26 on March 7, emphasized the government’s commitment to fiscal discipline while unveiling initiatives to strengthen infrastructure and drive economic growth. Karnataka Chief Minister Siddaramaiah, presenting the state budget for 2025-26 on March 7, prioritized affordable housing, traffic decongestion, flood...

BNP Paribas leases 3497 sq ft office space in Mumbai’s BKC for ₹17 crore for five years

BNP Paribas leases 3497 sq ft office space in Mumbai’s BKC for ₹17 crore for five years

BNP Paribas has leased 3,497 sq ft of office space at Maker Maxity in Mumbai’s Bandra Kurla Complex (BKC), India’s most expensive commercial district, for ₹17.01 crore over five years, according to property registration documents accessed by Propstack. BNP Paribas has leased 3,497 sq ft of office space at Maker Maxity in Mumbai’s Bandra Kurla Complex (BKC), India’s most expensive...

ED arrests Ashish Bhalla of WTC Group in real estate fraud case | Latest News India

ED arrests Ashish Bhalla of WTC Group in real estate fraud case | Latest News India

The Enforcement Directorate (ED) has arrested Ashish Bhalla, promoter of WTC Group, days after multi-state raids in connection with an alleged real estate fraud, people familiar with the development said on Friday. Representational image. The agency claimed that the WTC Group collected more than ₹3,000 crores from various investors across several states such as Haryana, Uttar Pradesh,...

Women’s Day 2025: Women homebuyers surge with 1.29 lakh property transactions in 2024, Up 14%

Women’s Day 2025: Women homebuyers surge with 1.29 lakh property transactions in 2024, Up 14%

The number of women homebuyers is steadily rising in the country, with 1.29 lakh residential transactions registered solely by women in 2024—a 14% increase from the previous year across top cities. In comparison, male homebuyers saw an 11% growth during the same period, an analysis by Square Yards has said. Women's Day 2025: The number of women homebuyers is steadily rising in the country,...

Sattva Group, Blackstone-sponsored trust files papers with SEBI for ₹6,200 cr REIT public issue

Sattva Group, Blackstone-sponsored trust files papers with SEBI for ₹6,200 cr REIT public issue

Sattva Developers and Blackstone-backed Knowledge Realty Trust on March 6 filed the draft offer documents with market regulator SEBI to launch its maiden REIT public issue to raise more than ₹6,200 crore, as per the draft offer document filed. Sattva Developers and Blackstone-backed Knowledge Realty Trust on March 6 filed the draft offer documents with market regulator SEBI to launch its...

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