Bhubaneswar Smart City Limited (BSCL) initiates final-phase development, prioritizing advanced infrastructure, housing rehabilitation, and smart governance to solidify its status as India’s model smart city by 2026.
The Maharashtra government has approved transferring a 21-acre plot for Dharavi Redevelopment, aiding slum rehabilitation efforts with enhanced housing standards.
Gujarat's state government will launch a comprehensive new housing policy aimed at urban areas, including slum rehabilitation and affordable housing development within a month.
Budget 2013 is anticipated to favor home buyers, with potential provisions for affordable housing. Realty players seek tax exemptions and lower interest rates.
HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.
Centrum Broking predicts a 30-35% decline in India's residential property prices, with Mumbai expected to fare better, possibly experiencing a reduction of 20-30% by April 2009.
HCC Real Estate Ltd plans major investments in land for townships and launches an 80-acre slum rehabilitation scheme, and constructs an IT park.