Panchkula Municipal Corporation allocates 100 acres to the Panchkula Metropolitan Development Authority for establishing an Education City, enhancing educational infrastructure and attracting institutions while facing opposition over revenue gaps.
Zirakpur Municipal Corporation initiates projects worth Rs 1.5 crore to improve infrastructure, enhancing liveability and attracting homebuyers.
Pune Municipal Corporation extends credit notes for developers to pay various taxes and fees, boosting public-private partnerships for road and bridge development.
The Indian real estate sector is experiencing a downturn, testing its resilience amid economic changes despite its vital role in urban development and job creation.