The real(ty) boost to the Indian economy!
Residential Real Estate demand has been picking up, which is evident in the rising count of new launches and sales of housing units. The office market recorded a weighted average lease term of 62 months in the last 14 months until February – higher than previous peaks of 59 months in 2018 and 2022. The rising tenure of lease transactions is indicative of the rising demand for India’s commercial real estate. Enforcement of regulatory initiatives like RERA (Real Estate (Regulation & Development) Act, 2016), rising per capita incomes, improving housing affordability bode well for the overall realty sector.

Real estate sector may touch $1.3 trillion by 2034: CREDAI Report
A report released by the Confederation of Real Estate Developers’ Association of India (CREDAI) on Saturday has forecasted a significant upsurge in the Indian real estate sector, estimating a market size of $1.3 trillion by 2034 and a whopping $5.17 trillion by 2047.

On a smooth highway to growth
Infrastructure as a theme that spans several sub-sectors has been in much demand, with stocks therein recording spectacular gains over the past couple of years.

Indian Railways’ key milestones in freight business, track laying and revenue – A detailed report
Achieving yet another milestone, Indian Railways surpassed its previous record by clocking 1,500 million tonnes (MT) of Freight business. The previous best was 1,512 MT during FY 22-23, the preliminary data released on March 15 mentioned.