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India’s Residential Market Poised for Record-Breaking Year in 2024
India’s residential real estate market is poised to achieve a landmark year in 2024, with housing sales projected to surpass 300,000 units worth...
Godrej Properties Raises Rs 6,000 Crore via QIP to Expand Housing Portfolio
Godrej Properties has successfully raised Rs 6,000 crore through a Qualified Institutional Placement (QIP) to fuel its expansion plans, driven by strong demand...
Chennai Leads Construction Cost Surge in Industrial and Warehousing Sectors: Savills India Report
Savills India’s latest Construction Cost Guide: Industrial & Logistics reveals notable cost increases in building General Manufacturing and Grade-A Warehousing facilities across India’s...
Tiruchi Corporation Increases Property Tax by 6%: Impact on Residential, Commercial Properties
The Tiruchi Corporation has implemented a 6% increase in property tax, effective from October 1, two and a half years after the previous...
MSME Engineering Exporters Concerned Over Proposed 25% Safeguard Duty on Steel Imports
MSME engineering exporters have expressed concerns over the government’s proposal to impose a 25% safeguard duty on steel imports, warning that it could...
Construction Equipment Industry Records Highest H1 Growth in Three Years
India’s construction equipment (CE) industry achieved its highest first-half growth in three years, driven by robust government infrastructure investments and rising exports. According...
CRDA Approves Amaravati Projects Worth ₹11,467 Crore
The Capital Region Development Authority (CRDA) of Andhra Pradesh has greenlit development projects in Amaravati totaling ₹11,467 crore, marking a significant step toward...
Steel Market Faces Pressure in Chennai, Hyderabad, Bellary
The induction furnace (IF) steel market in Chennai, Hyderabad, and Bellary saw notable price corrections on December 2, 2024, as mills adjusted their...
Emami Realty to Launch Two Residential Projects in Chennai as Part of Expansion Plan
Emami Realty, the real estate arm of the Emami Group, is poised to launch two residential projects in Chennai, covering an area of...
Tamil Nadu Lorry Owners Warn of Indefinite Strike Over Online Fines
The State Lorry Owners Federation of Tamil Nadu (SLOFT) is considering an indefinite lorry strike starting January 2025, protesting the enforcement of online...
