Promise of Pothole-Free Mumbai Falters as New Concrete Roads Crack
Santacruz’s Bhargav Road, built earlier this year, has noticeable flaws, infuriating locals who say the job was done poorly. The road has started to disintegrate in places where it was installed as recently as October. Hetal Gala, a former local BJP corporator, claimed that the building was hurried and did not have enough time to […]
Booms in luxury real estate: 41% of all homes sold in India are now valued at more than Rs 1 crore
Driven by a strong economy and rising desire for opulent living, India’s residential real estate sector is booming. According to a recent Knight Frank research titled “India Real Estate: Residential and Office (January – June 2024),” sales of residential units increased significantly in the first half of 2024 (H1 2024) in all eight of India’s […]
In FY25, realtors increase investments and diversify their portfolios due to strong demand
Due to the increase in demand, major real estate companies including Prestige Estates Projects, Sattva, Sobha, Brigade Enterprises, Suraj Estate Developers, and Hiranandani Group are increasing their investments and portfolios. To meet demand and stay competitive, these companies have declared large portfolio expansions and investments in land banks. With a goal of achieving a gross […]