Top Indian Infrastructure Industry News & Updates - 15 April 2024,Monday
🏘 Real Estate
Jaypee Infratech's stalled Wish Town leaves homebuyers in the lurch
The development comes after the National Company Law Appellate Tribunal (NCLAT) had said that the homebuyer’s appeal will be heard on merits and a judgment passed if both bodies do not reach an amicable settlement by April 18.
Real estate Q4 preview signals strong foundations despite presales dip
Motilal Oswal expects presales to moderate due to a lack of launches. The brokerage firm anticipates its coverage universe to report presales of Rs 25,000 crore, up 4 per cent year-on-year (Y-o-Y) but down 11 per cent quarter-on-quarter (Q-o-Q) in the fourth quarter (Q4) of 2023-24 (FY24).
Realty gets apledge of 30 mn homes, reinforced Rera
Share of affordable homes, priced up to `45 lakh, shrinks: PropTiger
📝 Luxury home market is very hot now, says Trump Org. India partner
📝 Design-driven demand: Global architects sought in India's luxury real estate
📝 DevX aims to double co-working office portfolio to 2 mn sq ft
📝 Migsun Group to invest Rs 426 crore on mix-use project in Lucknow
📝 All 224 flats in Gurugram project sold in 15 minutes for Rs 440 crore: Ashiana Housing
📝 Institutional investment in real estate decline by 55% during Q1 2024
📝 Delhi RERA chairman urges builder to report non payment by buyers
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🛍 Cement
As post-covid demand cements itself, this sector is eyeing a shift in gears
Cement producers have benefited from the post-covid surge in the housing market, which accounts for nearly 60% of the sector's revenues. Among the cement companies whose shares are listed on stock exchanges, four of the top seven by market capitalization outperformed the BSE Sensex in the past year.
📝 Adani Cement eyes 20% market pie by FY28
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