Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
The construction and real estate sector witnessed an 86% surge in employment between March 2023-24, with Delhi, Bengaluru, and Mumbai leading hiring activity.
India's real estate market sees surge in land transactions, driven by luxury living demand, with 58% increase in land deals since 2022, and growing traction in Tier 2 and 3 cities.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
Real estate developers have invested nearly Rs 5,000 crore to acquire 1,461 acres of land in Tier 2 and 3 cities since January 2022, according to JLL India.
Budget 2013 offered limited benefits to the real estate sector, primarily aiding first-time homebuyers with tax deductions on home loans up to ₹25 lakh.
The Indian Property Show Dubai 2012, taking place December 13-15, is set to be the biggest yet, with a record number of participants showcasing properties from across India to attract NRI investment.
Residential real estate slump spreads to tier-2, tier-3 cities, with 25% drop in housing demand due to higher borrowing costs.
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.
This article examines the feasibility for IT and ITES companies to establish operations in Tier 2 and Tier 3 cities, weighing the pros and cons of such a move.
Indo Rama Retail Holdings to open 200 stores across India in 3 years, targeting tier-2 and tier-3 cities, with investments up to Rs 40 lakh per store.