News articles tagged Government Initiatives

Hyderabad Sees Historic Real Estate Surge: Rs 58,481 Crore in H1 2024

Hyderabad's real estate market achieves record-breaking ₹58,481 crore in H1 2024 sales, driven by luxury housing demand, IT sector growth, and infrastructure expansion. The city's North-West region contributed 62% of sales, while ultra-luxury properties saw a 63-fold increase since 2019.

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.

Technocity IT Park Development Fuels Commercial Real Estate Growth in Thiruvananthapuram

Thiruvananthapuram's Technocity IT Park expansion drives commercial real estate growth, attracting IT companies and startups, boosting demand for office spaces and related infrastructure. With 100,000+ jobs potential and cutting-edge facilities, the IT integrated township redefines Kerala's commercial property landscape.

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.

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.

What factors will dominate India’s real estate market in 2024?

India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.

Infrastructural spiritual tourism: 17 tier-? cities are the upcoming real estate hot spots

Colliers identifies 17 Indian cities as emerging real estate hubs driven by hybrid work models, digital penetration, and government initiatives, with market expected to reach $1 trillion by 2030.

The Green Revolution is reshaping India’s property market

Green construction is gaining traction in Indian real estate, driven by demand, regulations, and consumer awareness. Economic and environmental benefits make it appealing.

Shops, homes, and faith: places of worship ready for a surge in visitors

Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.

India Needs a Highly Matured Real Estate Sector by 2047, Says Housing Minister

India Aims for Developed Real Estate Sector by 2047 for Sustainable Urbanization

Can a crisis similar to China’s Evergrande occur in the Indian real estate market?

China's Evergrande faces liquidation, impacting the global market, while India's real estate remains resilient due to government initiatives and RERA regulations.

In 2024, find out more about the Vande Bharat Express

The central government's Vande Bharat Express initiative continues to expand with the inauguration of nine new train services on September 20, 2023, increasing the total operational trains to 34. These semi-high-speed trains aim to enhance connectivity and convenience for travelers across the country.

Commercial real estate increased by 7% in India’s main Tier-1 cities.

The supply of commercial real estate in India's major Tier-1 cities increased by 7% in Q3 2023, reaching 14.61 million square feet. Hyderabad and Bengaluru led the growth.

Land And Land Reforms Department West Bengal

West Bengal leads in land reform with 23% of total land distributed, registering over 15 lakh Bargadars and distributing homestead land to 5.6 lakh beneficiaries.

Pradhan Mantri Awas Yojana (PMAY)

PMAY-U: Govt extends Pradhan Mantri Awas Yojana - Urban till Dec 2024, aiming for 'Housing for All' with eligibility criteria and subsidies for various income groups.

Greater Noida development body starts new industrial plot scheme

The GNIDA has launched a new scheme for the allocation of industrial plots, aiming to attract investment and multinational companies to Greater Noida.

Govt focused on infra growth, but pvt role is key: Montek

Montek Singh Ahluwalia emphasizes the necessity of private sector involvement in infrastructure development and highlights government initiatives for speedy project clearances.

Developers to upload details on website

Noida officials are set to upload housing project details online to protect buyers and curb property scams, with wider transparency expected for developers and investors alike.

MMRDA to put on sale 2,500 low cost apartments

MMRDA plans to sell 2,500 low-cost flats in Thane and Vasai-Virar, contributing to affordable housing initiatives for economically weaker sections.

MHUPA India Plans Special Provision For Affordable Houses

MHUPA India plans to include affordable housing in infrastructure list, revises income limits for weaker sections, urging unified efforts to address 18.78 million housing shortage.

Dharwad simplifies norms for land conversion

Dharwad district introduces a new system to prevent delays in land conversion applications, streamlining the process and providing instant status updates.

Various Industrial Projects Look Out for Orissa Govt NOD

The Naveen Patnaik Government’s failure to help companies secure land has delayed 14 mega industrial projects worth Rs 2 lakh crore.

Is dream home affordable?

PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.

Real Estate Firms Look At Diaspora

Indian real estate firms target Middle Eastern diaspora for investment amid economic slowdown, with focus on infrastructure and key sectors in upcoming investment meets.