News articles tagged Urban Development

Bhopal Proposes 18% Collector Guideline Rate Hike, Faces Real Estate Backlash | Impact and Analysis

Bhopal's district administration proposes an 18% average increase in collector guideline rates for 1,283 locations, sparking opposition from real estate stakeholders who warn of housing affordability issues and economic repercussions. Deadline for objections extends, with CREDAI and public representatives urging a revision.

Delhi Budget 2025–26 Allocates Rs.3,843 Crore for Smart Infrastructure and Transport Upgrades

Delhi's 2025–26 budget prioritizes smart city development with ₹3,843 crore for road upgrades, security cameras, and NCR connectivity. Projects include intelligent traffic systems, elevated corridors, and expanded CCTV networks.

Panchkula Municipal Corporation Approves Rs.300 Crore Budget for 2025-26 with Housing and Infrastructure Focus

The Panchkula Municipal Corporation has approved a ₹300 crore budget for FY 2025-26, prioritizing infrastructure upgrades and urban development projects. The allocation includes ₹152.70 crore for development works, improved healthcare services, and an Education City proposal. Challenges remain in revenue collection from land transactions and inter-agency partnerships.

Raipur Airport Expansion Drives Property Boom

The ongoing expansion of Swami Vivekananda Airport in Raipur is fueling a 20-25% increase in property values around the airport, as real estate experts look to capitalize on the emerging opportunities in this strategic location.

Gandhinagar's 2036 Olympic Bid Catalyzes Real Estate Growth and Infrastructure Expansion

Gandhinagar’s bid to host the 2036 Summer Olympics is driving unprecedented real estate growth and infrastructure development across Gujarat, with projected costs exceeding ₹64,000 crore and multi-city involvement in Ahmedabad, Bhopal, Goa, Mumbai, and Pune. Investor interest has surged, propelling property value appreciation as the region prepares for global visibility.

Bhopal Metro Phase Two: Reduced Property Disruption Expected vs. Initial Phase

Bhopal's Metro Phase Two project shows one-third fewer property impacts than Phase One, offering relief to affected homeowners. Major corridors like Pul Bogda and PHQ/Parade Ground face strategically minimized displacements, with plans to revive commercial/residential spaces post-construction. Environmental measures and urban mobility upgrades aim to boost local real estate valuations

Bhubaneswar Metro Rail Project Sparking Property Boom: How Infrastructure Drove 30% Price Surge

The Bhubaneswar Metro Rail project has triggered a 25-50% spike in land prices near proposed corridors, with developers capitalizing on proximity benefits and infrastructure upgrades. Analysts predict further appreciation of 20-30% by 2026, driven by enhanced connectivity and urban development.

Chandigarh Housing Board’s Sector 53 Scheme Gains Traction with 6,300+ Applicants

Chandigarh Housing Board’s Sector 53 self-financing housing scheme sees unprecedented demand with over 6,300 applicants competing for 372 flats priced between ₹53 lakh to ₹1.65 crore, marking a significant turnaround from previous low responses

Margao-Colva Light Rail Transit Project Approved: Boosting South Goa's Connectivity and Property Values

Goa's government approves Margao-Colva Light Rail Transit project to boost connectivity between South Goa's commercial hub and Colva Beach, set to elevate property values and attract development.

Panchkula-Chandigarh Airport Metro Line: Boosting Connectivity & Driving Real Estate Growth

The Haryana government's approved metro line connecting Panchkula to Chandigarh Airport plans to redefine tricity mobility while sparking real estate investment. Set to start construction in late 2024, the project aims to bridge gaps across Chandigarh, Mohali, and Panchkula, offering seamless access to key nodes. Stakeholders expect elevated property values driven by improved infrastructure and...

Delhi Metro Expansion: 10 New Corridors Transforming Real Estate Markets by 2030

Delhi's approval of 10 new metro corridors spanning 150km aims to boost connectivity,completions targeted by 2030,significantly enhancing property values in emerging hubs.

Raipur's Pioneering Eco-Friendly Township Redefines Sustainable Living

A major real estate developer unveils Raipur's flagship eco-friendly township featuring solar-powered homes, rainwater harvesting, and expansive green spaces to set new sustainability benchmarks.

Ranchi Smart City Project Enters Final Phase: Transforming Urban Infrastructure

As India's Smart Cities Mission winds down with a March 2025 deadline, Ranchi focuses on completing sustainable infrastructure, AI-driven solutions, and modern housing complexes while addressing challenges like declining public transport schemes. The final push prioritizes solar lighting, smart governance, and community-centric developments.

Lucknow Metro Phase 2 Launches: New Corridors to Reshape Real Estate Markets

Lucknow’s Metro Phase 2 begins construction, introducing an 11.5km East-West Corridor with 12 stations. This expansion promises to elevate property values, boost connectivity, and create new investment zones across Vasant Kunj, Charbagh, and other emerging business hubs. The ₹5,800 crore project targets completion by 2030, enhancing urban infrastructure and transit accessibility.

Greater Noida Witnesses 30% Surge in Luxury Home Sales: A Boom Driven by Infrastructure and Lifestyle

Greater Noida records a 30% year-on-year increase in luxury home sales, fueled by enhanced infrastructure and rising income levels, with properties above ₹1 crore in high demand. Experts attribute growth to improved connectivity, premium amenities, and shifting buyer preferences toward exclusivity and estate living. The surge reflects broader luxury real estate trends reshaping India's...

Naya Raipur Smart City Kicks into High Gear as 80 Percent Completion Marked

Naya Raipur Smart City Project Reaches 80% Completion, Integrating Advanced Tech and Sustainable Design, Aiming for 2025 Operational Launch

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.

TIDEL IT Park in Mattuthavani Fuels Real Estate Growth in Madurai

Madurai’s TIDEL IT Park promises 10,000+ jobs, driving demand for housing, commercial spaces, and land, set to transform the city’s real estate landscape.

Vellore Smart City Project Enters Final Phase, Eyes 2025 Completion

Vellore's Smart City initiative nears conclusion, emphasizing smart traffic systems, waste management, and public transit upgrades to create a sustainable urban environment by end of 2025.

Gomti Riverfront Development Nears Final Stages: Boosting Property Values in Lucknow's Premier Neighborhoods

The Gomti Riverfront Development Project, nearing completion after revitalization of a 12km stretch, is poised to elevate property demand in Gomti Nagar, Hazratganj, and adjacent regions. New infrastructure like pedestrian bridges, cruising facilities, and green spaces enhance living quality, driving investment in luxury apartments, villas, and commercial hubs. This urban overhaul positions...

Kerala Overhauls Building Rules: Boost for Sustainable Development and Vertical Living

Kerala introduces sweeping changes to building regulations, extending permits to 15 years, easing parking rules, and enabling self-permits for homes, fostering sustainable urban development and vertical habitats to accommodate growing populations.

Faridabad’s Surging Professional Inflow Drives Residential Boom: 30,000 New Workers Expected by 2030

Faridabad anticipates 30,000 professionals annually, driving up demand for apartments, villas, and flats. Strategic projects and economic growth make it NCR's top investment destination, with property values set to rise by 40% post-infrastructure developments.