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India's Quick Commerce Surge: A 280% Growth Revolutionizes Retail

Quick Commerce in India Soars: A 280% Growth Surge, India’s Rapid Delivery Revolution Redefines E-Commerce Landscape

Rapid Growth in a Booming MarketThe quick commerce industry in India has experienced a staggering 280% growth in the past two years, according to a recent report by Chryseum, a financial services firm. As of the financial year 2023-24, the industry’s Gross Merchandise Value (GMV) skyrocketed to $3.3 billion, up from just $500 million in […]

Soaring Property Prices Transform Noida and Jewar Real Estate Market, Real Estate Boom Fueled by 7X’s Rising Property Values!

Remarkable Growth in Property Valuations The real estate market in Noida and Jewar has experienced a tremendous surge, with significant increases in the prices of both under-construction and ready properties. According to a recent report by MagicBricks, Noida has seen a staggering 69% year-on-year rise in the prices of under-construction properties, while overall residential prices […]

Wealthy Indians Flock to Dubai: A Booming Real Estate Market Beckons

Wealthy Indians Flock to Dubai: A Booming Real Estate Market Beckons, Surge in Investment Through Liberalized Remittance Scheme

In recent years, Dubai has become a prime destination for affluent Indians seeking lucrative real estate investments. A notable increase in funds being transferred abroad under the Liberalized Remittance Scheme (LRS) highlights this trend, with a staggering Rs 3,173 crore sent in FY24—a 17 percent rise from the previous year. While these remittances serve various […]

New Guidelines from U.P. RERA to Ensure Transparency in Real Estate Advertising

Promoters Must Adhere to RERA Regulations for Customer Protection In a move aimed at enhancing transparency and protecting homebuyers, the U.P. Real Estate Regulatory Authority (U.P. RERA) has mandated that all promoters strictly follow the provisions of the RERA Act 2016 in their advertising and promotional activities. Key Requirements for Advertisements Promoters are now required […]

Young Tycoons: Wealthy Indian Minors Are Now Investing in Global Real Estate

A New Trend in Overseas Property Ownership In a surprising shift in real estate dynamics, wealthy Indian minors are stepping into the global property market, with families investing in high-value overseas assets in regions like California, Dubai, and London. The UAE has emerged as a preferred destination for these investments, facilitated by the Reserve Bank […]

Piyush Goyal’s Struggle for Home Possession: A Journey from Frustration to Reform in India’s Real Estate Sector

A Minister’s Personal Tale of Homeownership Woes Commerce and Industry Minister Piyush Goyal recently shared a personal anecdote that resonates with many homebuyers. Speaking at the Credai-NATCON event in Sydney, he recounted his struggles of being unable to move into his fully furnished house for nearly six years due to the absence of an occupancy […]

RBI’s Monetary Policy Outlook: Easing Expected by December 2024

Experts Predict Significant Rate Cuts Amid Improved Inflation Trends The Reserve Bank of India’s Monetary Policy Committee (MPC) is poised to initiate an easing cycle starting in December 2024, according to a recent report from UBS. As domestic inflation forecasts show promising signs, this shift could mark a pivotal change in India’s monetary landscape. Improving […]

UP’s Wealthiest: The Top 10 Tycoons of Uttar Pradesh Revealed

UP’s Wealthiest: The Top 10 Tycoons of Uttar Pradesh Revealed, Noida Leads the Pack with Four Billionaires Among the State’s Elite

Uttar Pradesh, the most populous state in India, is known for its rich history and cultural significance. It has produced seven Prime Ministers, numerous film stars, and a host of influential business figures. According to the recent Hurun Rich List, we now have a clearer picture of the state’s wealthiest entrepreneurs. Here’s a rundown of […]

Real Estate Market Sees Surge Ahead of Festive Season in India

The Dream of Homeownership Homeownership is a dream for many, often seen as a major milestone in life. People invest considerable effort and resources to make this dream a reality, waiting for auspicious times to secure their perfect homes. Recently, buying a home has not only become a necessity but also a status symbol and […]

Crude Oil Prices Dip: Are Cheaper Petrol and Diesel on the Horizon?

Retail Fuel Prices May Drop as Margins Improve A recent decline in crude oil prices is creating an opportunity for state-owned oil marketing companies (OMCs) in India to reduce petrol and diesel prices by Rs 2-3 per litre. According to the rating agency ICRA, the average price of crude oil India imports fell to USD […]