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Retail Inflation Hits 6.2% in October 2024: Diminished Hopes for Repo Rate Cut in December

India’s retail inflation rate reached 6.2% in October 2024, marking a significant increase that poses challenges for both consumers and policymakers. As food and energy prices continued to rise, the inflation rate breached the Reserve Bank of India’s (RBI) upper tolerance limit of 6% for the third consecutive month, putting pressure on the central bank’s […]

Bhutani Infra Acquires Noida’s Logix City Center in ₹1000 Crore Deal, Aims to Transform Retail Landscape

Noida, November 11 – In a major boost to Noida’s real estate and retail sector, Bhutani Infra has acquired Logix City Center for nearly ₹1000 crore, including projected renovation costs. The iconic retail property, a key player in Noida’s commercial landscape, will now rebrand as Bhutani City Center 32. This acquisition underscores Bhutani Infra’s growing […]

How Donald Trump’s Second Term Could Impact the Indian Economy: Rupee Devaluation, Inflation, and Market Volatility

As the U.S. presidential race intensifies, financial experts are examining the potential economic impact if Donald Trump secures a second term. A recent report by the State Bank of India (SBI) projects that the Indian rupee could depreciate by 8-10% against the U.S. dollar in such a scenario. This depreciation may ripple through India’s economy, […]

India’s Office Space Market in 2024: Growth, Trends, and City-Wise Analysis

India’s Office Space Sector Sees Steady Growth in Demand and Supply India’s office space market witnessed substantial growth in both occupancy and supply in the first half of 2024. Cumulative occupancy across major cities rose by approximately 7.3% from H1 2023 to H1 2024, with supply increasing by 6.4%. As a result, vacancy rates decreased […]

Indian Investors Beware: Is Dubai Real Estate a Risky Bet?

Income Tax Scrutiny Sparks Concerns Dubai’s glitzy real estate market has long attracted Indian investors, but recent developments are bringing new challenges. Over 100 Indian investors have received notices from the Income Tax Department due to cash transactions related to Dubai property purchases, raising concerns about compliance and potential legal consequences. This crackdown stems from […]

Land Investments in Tier-II Cities: A New Opportunity for Higher Returns

Small Cities Offering Big Potential Amidst High Prices in Major Metros In recent years, the real estate market in India’s major cities has become saturated with skyrocketing land prices, leaving little room for further appreciation. Additionally, the scarcity of clear-title land in these areas has made it difficult for investors to secure lucrative deals. As […]

“The House of Abhinandan Lodha Expands to Six New Cities with Major Investment Plans”

Revamping Real Estate Landscape with New Developments The House of Abhinandan Lodha (HoABL) has announced ambitious plans to expand into six new cities: Amritsar, Vrindavan, Ayodhya, Shimla, Nagpur, and Khapoli near Mumbai. The company’s chairman, Abhinandan Lodha, unveiled these plans at a recent event in Gurgaon, marking a significant milestone in HoABL’s journey to reshape […]

Buyers Speed Up Home Purchase Decisions in H1 FY2025: Ultra-Luxury Homes Lead the Trend

Shorter Lead-to-Buy Conversion Times Reflect Strong Demand Across Price Segments Mumbai, 11 November 2024: In India’s bustling real estate market, buyers are accelerating their home purchase decisions faster than ever, according to the latest data from ANAROCK. The report shows that the average lead-to-buy conversion time — the period from first inquiry to confirmed booking […]

Haryana’s Real Estate Woes: Builders Owe Rs 800 Crore as H-RERA Struggles to Enforce Recovery

Gurgaon: The Ongoing Battle to Retrieve Homebuyers’ Investments The Haryana Real Estate Regulatory Authority (H-RERA) is facing substantial setbacks in its mission to recover funds owed to homebuyers by defaulting builders. Despite issuing 1,190 recovery certificates, H-RERA has managed to retrieve only Rs 225 crore from the Rs 1,043 crore owed, leaving an overwhelming Rs […]

Gold Demand Hits Record High as Global Consumption Surges Over $100 Billion in Q3

Third-Quarter Surge Driven by High Net-Worth Investments Amid Market Uncertainty In a remarkable turn of events, global demand for gold surged by nearly 5% in the third quarter, setting a record and pushing total consumption above $100 billion for the first time, according to the World Gold Council’s latest report released on Wednesday. This surge […]