Maharashtra government has signed MoUs with two major companies for Rs 5,561 crore industrial investment in Nashik district, creating 1,666 jobs and potentially boosting real estate demand.
Maharashtra's MIDC acquires 611 hectares across three sites to boost industrial growth, attract large manufacturers, and strengthen MSME networks in Nashik district.
The Asia-Pacific real estate market faces volatile conditions driven by interest rate changes, although the concerns around COVID have lessened. India's investments have risen by 16%.
Institutional investments in the Indian real estate market decreased by 12% in 2023, indicating investor caution and marking the lowest level since 2019.
The Indian real estate market is poised for growth in 2024, with opportunities in residential, commercial, and industrial sectors. Challenges include regulations and infrastructure deficiencies.
Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.
The Indian Real Estate market is set to flourish with new policies and significant foreign investment paving the way for unprecedented growth.
India's logistics sector is projected to boom, reaching $385 billion by 2015. 110 logistics parks are expected by 2012, boosting industrial activity and real estate in tier-2 and tier-3 cities.
Textile mill and manufacturing unit closures create surplus industrial real estate, impacting rentals and demand in major industrial belts.