Bank credit to commercial real estate grows threefold in 11 months of FY24
This surge in loans for CRE is driven by growth in lease rental discounting, especially for office space.
 

New housing supply drops 15% to 69,000 units in January-March across top 8 cities: Report
New supply of residential properties fell 15 per cent during January-March across eight major cities at 69,143 units despite high demand, according to Cushman & Wakefield.

Macrotech Developers enters into agreement to acquire 50% stake in Siddhivinayak Realties
Macrotech Developers Ltd., also known as Lodha, announced that it has entered into a share purchase agreement with Siddhivinayak Realties Private Limited to acquire a 50 per cent stake in the company. “We hereby inform of the acquisition of 50% of the paid-up equity capital and; other securities / instruments of Siddhivinayak Realties Private Limited under a Share Purchase Agreement (SPA),” the company said in a regulatory filing. 

High-end, luxury segment contribute 34% to Q1 2024 residential launches, launches led by established developers, says report
Indian residential real estate has witnessed a robust momentum in the first quarter of 2024 fueled by sustained high demand, said a report by Cushman & Wakefield. In the sector, the report added, the high-end and luxury segment continued its reign in the quarter, capturing approximately 34 per cent of launches in Q1 2024, while the mid-segment continued to be the front-runner in terms of absolute number of launches or share.  

Gen Z’s foray into homeownership is reshaping the real estate market – Here’s how
In the ever-evolving landscape of the real estate market, a new player is stepping into the game – Generation Z. As the eldest members of this demographic cohort begin to explore homeownership, the industry is witnessing a paradigm shift in trends and preferences. Developers, agents, and sellers keen on staying ahead of the curve must familiarize themselves with the unique characteristics and values that shape the housing choices of Generation Z.

Spurt in credit to real estate as housing sales boom
The credit flow to real estate, from both banks and private channels, has significantly grown as residential sales boom and the office property market on the mend.

Mumbai-Ahmedabad Bullet Train Project: Railway Minister shares update on ‘Bharat’s first ballastless track’ for bullet train – Watch
As India eagerly waits for its first bullet train project, Railway Minister Ashwini Vaishnaw on Thursday (March 28) shared an update on the completion of another significant milestone. Vaishnaw took to X, formerly known as Twitter, to share a video of the nation’s first ballastless track system being developed for the bullet train project between Mumbai and Ahmedabad. 

Vizag Port eyes 90 mt cargo traffic in FY25