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Dazzling Dubai: A Post-Pandemic Economic Surge

A Booming Economy and New Investments Dubai’s economy is experiencing remarkable growth post-pandemic, highlighted by significant developments last month. The continent’s wealthiest individual announced plans for a family office in the city, while Santander Group revealed intentions to expand its services. This influx of high-salary job seekers is contributing to Dubai’s economy, now valued at […]

Housing Market Boom: Prices Soar 88% in Top 10 Indian Cities Over 5 Years

Gurugram Leads with a Stunning 160% Increase; Mumbai Trails at 37% New Delhi, October 14, 2024: The real estate landscape in India’s major urban centers has experienced a dramatic surge, with average housing prices for new launches in the top 10 cities skyrocketing by 88% over the past five years, as reported by PropEquity, a […]

Real Estate Soars: India Achieves Record Equity Investment in 2024

Equity Investment Hits USD 8.9 Billion, Signaling Strong Market Recovery National – October 14th, 2024 – In a remarkable turnaround, India’s real estate sector has recorded the highest-ever equity investment since 2018, with a total of USD 8.9 billion invested from January to September 2024. This represents a significant 46% year-on-year increase, surpassing last year’s […]

Godrej Properties Expands Horizons with Major Land Acquisitions

Company Set to Develop Housing Projects Worth ₹9,650 Crore Amid Growing Demand In a strategic move to capitalize on strong market demand, Godrej Properties has acquired six new land parcels in the second quarter of the financial year 2024-25. The company’s ambitious expansion plans are set to bring forth housing projects with an estimated worth […]

Maharashtra Real Estate Authority Unveils List of 314 Struggling Projects

Protecting Homebuyers: A New Initiative by MahaRERA The Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a comprehensive list of 314 registered projects currently facing insolvency proceedings under the National Company Law Tribunal (NCLT). This initiative aims to protect homebuyers from potential fraud and provide transparency in the real estate market. The Scope of the […]

Noel Tata Takes Helm of Tata Trusts Following Ratan Tata’s Passing

Leadership Transition in India’s Corporate Titan Noel Tata has been appointed as the new chairman of Tata Trusts, effective October 11, following the death of his half-brother, Ratan Tata, on October 9. The decision was reached unanimously during a meeting held in Mumbai on the same day, marking a significant moment for the philanthropic arm […]

Gurgaon-Rewari Highway: A Game Changer for Southern Haryana’s Real Estate Boom

Significant Progress and Future Prospects The 43-km Gurgaon-Patuadi-Rewari highway, set for completion by March 2025, is already making waves in the region. With 60% of the work done, the Wazirpur-Rewari section is anticipated to open by December this year, while the Dwarka Expressway-Wazirpur stretch is on track for completion next year. This project, spearheaded by […]

India’s Economic Outlook Soars: World Bank Ups Growth Forecast to 7%

Strong Agricultural Output and Employment Policies Drive Growth The World Bank has significantly raised India’s economic growth forecast from 6.6% to 7% for the financial year 2024-25, attributing this optimistic revision to robust agricultural performance and effective employment policies. This projection is part of the South Asia Growth forecast report released on October 10, highlighting […]

Thane Real Estate Boom: Under-Construction Property Prices Surge by 19.5%

Significant Growth Amid Changing Trends in the Property Market Thane, October 10, 2024: The latest PropIndex Report from Magicbricks reveals a remarkable shift in the real estate landscape of Thane, with under-construction property prices skyrocketing by 19.5% quarter-on-quarter, reaching an impressive INR 16,455 per square foot. This surge highlights the area’s growing appeal as a […]

Mumbai’s Real Estate Boom: Residential Sales Surge 7% in Q3 2024

MMR Market Shows Resilience as Home Sales Value Rises by 10% Mumbai, Maharashtra, October 10, 2024 – The residential market in Mumbai’s Metropolitan Region (MMR) is experiencing a notable resurgence, with a 7% increase in registered transactions and a remarkable 10% growth in sales value during the September quarter. According to data from Square Yards, […]