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SBI Poised to Achieve ₹100 Lakh Crore Business by FY 2025-26

India’s Banking Titan Aims for Historic Milestone The State Bank of India (SBI), the nation’s largest public-sector lender, is on the cusp of achieving an unprecedented milestone of ₹100 lakh crore in total business by the financial year 2025-26. This ambitious target hinges on sustaining its current growth momentum, which includes a robust 14-16% increase […]

"India's Manufacturing Dream Hinges on Worker Housing: A Blueprint for Growth"

India’s Manufacturing Dream Hinges on Worker Housing: A Blueprint for Growth

New Delhi: A new report highlights the critical need for large-scale, affordable worker housing to unlock India’s manufacturing potential, paving the way for economic growth and job creation. India’s manufacturing ambitions face a pivotal challenge: a lack of proper worker housing. A report by the New-Delhi-based Foundation for Economic Development has emphasized the importance of […]

India’s Real Estate Sector Poised for Major Growth, Set to Contribute $4.8 Trillion by 2047

India’s real estate sector is on the brink of a monumental transformation, with projections indicating that it will become a $4.8 trillion market by 2047. According to a joint report by EY and the Confederation of Real Estate Developers’ Associations of India (CREDAI), the real estate sector’s contribution to the country’s GDP is expected to […]

India’s Wealthy Lead the Charge in Real Estate and Luxury Spending

Indian Affluence Defies Global Economic ChallengesIndian millionaires are emerging as some of the most prominent global consumers, confidently investing in luxury real estate and high-end goods. Despite global economic instability, they remain optimistic about their financial futures, according to HSBC’s Global Entrepreneurial Wealth Report 2024. The report reveals a striking trend of faith in domestic […]

Manufacturing Boosts Warehousing Demand as Q3 2024 Leasing Soars to 14.65 Mn Sq Ft

Indian Market Attracts $1.5 Billion Investment in First Nine Months of 2024 The Indian warehousing sector witnessed robust growth in Q3 2024, with leasing volumes hitting 14.65 million square feet (mn sq ft) across eight key markets, according to Knight Frank India’s India Warehousing Market Report – Q3 2024. This marked a 20% year-on-year (YoY) […]

India’s Residential Real Estate Poised for Affordability Shift in 2025

Projected Rate Cuts and Income Growth to Enhance Homeownership Prospects The Indian residential real estate market is set for a significant transformation as affordability levels across major cities are predicted to improve by 2025. This shift is largely driven by anticipated interest rate cuts, sustained income growth, and moderating price increases, according to the latest […]

CREDAI Calls for Bold Tax Reforms to Ignite Housing Demand

Realtors Push for Affordable Housing Redefinition and GST Reduction CREDAI, the Confederation of Real Estate Developers’ Associations of India, has urged the government to introduce transformative tax reforms to boost demand for affordable and mid-income housing. At a press conference held during the organization’s 25th foundation day celebration, CREDAI proposed measures including a 100% deduction […]

Massive ₹500 Crore Real Estate Fraud: ED Raids Builder Premises in Gurugram

Uncovering Allegations of Financial Misconduct Gurugram: In a significant crackdown, the Enforcement Directorate (ED) on Monday conducted raids at multiple locations linked to prominent real estate companies, including Oris Infrastructure Private Limited, Greenbay Infrastructure Private Limited, and Three C Shelter Private Limited. The raids were carried out in connection with allegations of a massive ₹500 […]

New Noida: The Future City with World-Class Amenities Taking Shape Near NCR

Introduction to New NoidaThe ambitious project to build a new city in the National Capital Region (NCR) is gaining momentum. Named “New Noida,” this urban marvel is being developed adjacent to Greater Noida, encompassing several villages from Gautam Buddha Nagar and Bulandshahr districts. Designed to match the standards of Singapore, the city aims to address […]

FII Strategy Falters: “Sell India, Buy China” Backfires

Global financial markets are witnessing a dramatic turn of events as the Foreign Institutional Investors (FII) strategy of “Sell India, Buy China” fails to deliver. This approach, aimed at leveraging China’s economic incentives for higher returns, has backfired, leaving investors disappointed and awaiting a potential shift back to India. Chinese Markets Plummet Amid Weak Earnings […]