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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 […]

Indians Embrace Office Work: 90% of Firms Opt for 3+ In-office Days, AI and Sustainability to Shape Future Workplaces

Indians Embrace Office Work: 90% of Firms Opt for 3+ In-office Days, AI and Sustainability to Shape Future Workplaces

Increased Office Days and AI Investment Highlight India’s Strong Corporate Real Estate Outlook MUMBAI, NOVEMBER 28, 2024: As organizations across India reaffirm their commitment to office-based work, a new report reveals that 90% of Indian companies now require employees to be present in the office for at least three days a week—surpassing the global average […]

Pune’s Property Market Flourishes with Over 20,000 Registrations in October 2024

Pune’s Property Market Flourishes with Over 20,000 Registrations in October 2024

Festive Season Drives Surge in Property Registrations and Stamp Duty Collections Pune, November 28, 2024: Pune’s real estate market witnessed a remarkable surge in property registrations during October 2024, with a total of 20,894 properties registered, marking a significant 39% year-on-year (YoY) increase. The festive season, spanning from Navratri to Diwali, was a key factor […]

Emaar Business Park–Building 3 Acquisition Boosts Portfolio with Prime Grade-A Commercial Space

Avighna Group Makes Strategic GCC Debut with AED 240 Million Dubai Acquisition

Emaar Business Park–Building 3 Acquisition Boosts Portfolio with Prime Grade-A Commercial Space Mumbai, November 25, 2024: Avighna Group, a leading name in India’s real estate sector, has marked its entry into the GCC market with a landmark acquisition in Dubai. Through its UAE arm, Avighna Invest, the group has acquired Emaar Business Park–Building 3 for […]

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 […]

Signature Global Breaks Records with ₹2,300 Crore Sales in Just 10 Days

Massive Success for Daxin VistasSignature Global (India) Ltd., a leading name in Indian real estate, has achieved unprecedented success with its recently launched project, Daxin Vistas. In just 10 days, the company recorded sales worth ₹2,300 crore. This milestone was disclosed during the company’s Q2FY25 earnings call. “We crossed ₹2,300 crore of sales between September […]

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 […]