Property values have surged across Uran-Ulwe, Kharghar, Dronagiri, Taloja and Panvel, fuelled by sustained demand, improved connectivity and long-term investment potential. The operationalisation of the ₹167 billion Navi Mumbai International Airport (NMIA) is already reshaping the region’s real estate landscape, with Panvel and surrounding nodes emerging as high-growth corridors. According to Vimal Nadar, National Director...
Tag: Real estate
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Investments in Renewables, Roads, and Real Estate to Reach ₹17.5 Trillion by FY26: Crisil
While these investments may face regulatory delays, market fluctuations, and infrastructure bottlenecks, strong cash flows, prudent financial management, and sustained investor confidence will support stability across the three sectors. As part of the current transformations, India’s renewable energy, roads, and real estate sectors are expected to attract significant capital, according to the country’s leading ratings...
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Budget 2025: Key Highlights
On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term. Sitharaman emphasised...
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Budget 2025: Key Announcements Impacting Real Estate
Key takeaways for the real estate sector include: • Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will...
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Budget 2025-26: Industry reactions
Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage. Here’s what industry has to say about various announcements and initiatives announced in the budget: Real...
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Budget 2025-26: Rs 1 lakh crore fund to transform cities
Union Finance Minister, Nirmala Sitharaman announced that the government will create a Rs 1 lakh crore Urban Challenge Fund aimed at transforming cities into growth hubs. The fund will finance 25 per cent of the cost of bankable projects, with an allocation of Rs 10,000 crore for 2025-26. The remaining 50 per cent will be...
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Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn
The Shapoorji Pallonji Group announced the sale of its Brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 33.5 billion. This is the second port divestment in the last few months from the diversified construction and infrastructure, real estate and energy conglomerate. It had earlier divested its Dharamtar Port to...
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Four pillars of development for India’s IT infrastructure
The 4 pillars serve as the base upon which India’s IT industry flourishes. The four pillars of development — infrastructure, investment, innovation, and inclusion — collectively form the fabric of India’s economic growth. These pillars also play an indispensable role in shaping the country’s digital future, says Deepen Goratela, Founder & CEO, Astral Technologies. In today’s...
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Blackstone’s Nucleus Office Parks revises 2022 leasing guidance
Nucleus Office Parks ups 2022 leasing guidance due to strong demand
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Strengthening Balance Sheets Could Spur Future Growth
The Indian primary steel industry has witnessed a sharp reboundfrom the second half of fiscal 2021despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts at CRISIL Ratingsbelievegrowth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to...