News articles tagged Economic Growth

Kozhikode Enters Final Phase Of Smart City Project

Kozhikode's Smart City project is nearing completion, featuring advanced systems for traffic, waste, and public spaces, enhancing the city's real estate appeal.

New IT Park in Ranchi Eyes 10,000+ Jobs, Redefining Commercial Property Demand

Ranchi's upcoming state-of-the-art IT park aims to generate 10,000+ jobs, driving demand for premium office spaces and positioning the city as eastern India’s next tech hub.

Trichy's TIDEL Park Construction Kicks Off: A Boost for IT Real Estate

The start of TIDEL Park’s construction in Trichy is set to energize IT-sector real estate, boosting demand for office and residential spaces while creating thousands of jobs through ₹415 crore investment.

Nagpur's Real Estate Rise: Mid & Luxury Homes Spark Growing Demand

Nagpur's real estate market witnesses rising interest in mid and luxury homes as economic opportunities and strategic infrastructure drive buyer confidence.

Union Budget 2025 Unveils 20,000 Crore Boost for Tourism Infrastructure in Key Destinations

The Union Budget 2025 allocates ₹20,000 crore to develop infrastructure in India's top tourist spots, enhancing connectivity and real estate prospects in regions like Nainital.

Mohali's IT City Initiative Sparks Real Estate Growth Surge

Mohali's IT City Project attracts major tech firms like Infosys and Tech Mahindra, driving demand for residential and commercial real estate to support industry expansion.

Faridabad's H1 2024 Residential Sales Surge to 6,205 Units

Faridabad's residential sales reached 6,205 units in H1 2024, fueled by infrastructure development and affordability within the NCR region.

News18 Lokmat Hosts Real Estate Conclave: Spotlighting Growth in Navi Mumbai & Raigad

News18 Lokmat's conclave in Navi Mumbai assembled policymakers and industry leaders to discuss emerging real estate developments, infrastructure initiatives, and regulatory challenges, underscoring the region's market potential through expert-led panels.

Faridabad-Jewar Expressway Nears Completion, Boosting Real Estate Prospects

The Faridabad-Jewar Expressway’s impending completion in mid-2025 is revolutionizing regional connectivity, slashing travel time to Jewar Airport from two hours to 20 minutes, and driving up property values as investors flock to Faridabad’s real estate market.

Why Greater Noida’s Tech Park in Knowledge Park V Is A Magnet For Global IT Firms

Explore how Greater Noida’s emerging Tech Park in Knowledge Park V is driving commercial real estate growth by attracting Fortune 500 IT firms through state-of-the-art infrastructure and strategic location.

HYDRAA Energizes Hyderabad's Real Estate

Contrary to concerns, HYDRAA has boosted Hyderabad's real estate growth, with notable improvements in residential and commercial activities between June and November 2024.

The elimination of indexation benefits in real estate will discourage secondary market sellers

The real estate sector expresses concern over proposed elimination of long-term capital gains indexation benefits, seeing it as a potential hindrance to expansion and increased tax burdens.

The Dwarka Expressway is driving the real estate revival in Gurgaon

Dwarka Expressway significantly boosts Gurgaon's real estate, attracting investors and homebuyers with improved connectivity and infrastructure. Property values and economic activity are expected to rise.

Why is residential real estate considered one of India’s safest investments?

India's real estate market soared in 2023, exceeding expectations. Homeownership is favored over renting. Experts predict promising 2024 due to resilience and affordability.

Goa’s transition from tourist destination to luxury real estate haven

Goa's real estate market is transforming into a luxury investment haven, driven by capital appreciation and infrastructure development. High-net-worth individuals are investing in opulent villas and high-end apartments, boosting the luxury segment.

Colliers report that foreign investors invest more than $4 billion in Indian real estate each year

Foreign investments in Indian real estate surged 20% to $3.6 billion in 2023, driven by strong economic growth and rapid urbanization. APAC countries, including Singapore and South Korea, significantly increased their investments, showing confidence in India's diverse real estate opportunities.

According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.

In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.