Housing sales jumped over 4.5 times year-on-year in April-June across eight cities to 74,330 units on lower base effect, while demand was up 5 per cent from the previous quarter, according to PropTiger data. Housing sales stood at 15,968 units in the April-June period last year and 70,623 units in the January-March quarter of 2022. The price of residential properties rose 5-9 per cent annually, driven by rise in input costs, inflationary pressures and premium attached with ready-to-move-in inventory. Pune and Chennai saw maximum appreciation at 9 per cent each.
Rickshaw pullers and construction workers are the worst hit.
According to SAFAR, both stubble burning in surrounding states of Delhi and firecrackers are causing deterioration of air quality in the national capital.
The salary packages offered at these b-schools have also been curtailed by 40-45 per cent as compared to last year, says ASSOCHAM.
What are the upcoming locations and pull factors that determine housing prices in these two metros? What does this means for a buyer?
'Episodes of targeted attacks on Muslims established that for a section of people and, sadly, even officials of the State, the election results conveyed no lessons.' 'Opposition parties must not be hesitant in speaking out whenever the mob with tacit State support targets Muslims,' asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, the segment grew by 24.4 per cent to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving growth of the non-life insurance industry.
The police were also taken by surprise with what they witnessed -- a sophisticated setup for creating the synthetic drug, intense intoxicating smell inside the compound and the foreigners geared up with high-quality face masks.
The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.
Modi's inability to make peace with a renewed Opposition will only embolden his coalition partners and it is just a matter of time before they begin asking probing questions besides politely disagreeing with his tactics, predicts Nilanjan Mukhopadhyay.
Delhi logged 23 COVID-19 fatalities on Tuesday, the highest since June 16, and the positivity rate rose to 25.65 per cent with the government directing closure of all private offices, except those in exempted categories.
The survey was conducted in major places like Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun on 'Budget 2013: Common man's expectations from the FM', the industry body said.
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.
The ministry had last week announced that the re-examination of the CBSE Class 12 economics paper would be held on April 25.
The hatchback model is christened as K2 and will take inspiration from Micra.
After being closed for over five months due to the COVID-19 pandemic, metro services will be resumed in three stages from September 7-12, but stations located in containment zones will remain closed.
Dense to very dense fog prevailed in some parts of the National Capital Region (NCR), Haryana, Punjab, west Uttar Pradesh and north Rajasthan on Tuesday.
From the function at the Esplanade metro station, the PM also inaugurated the Kavi Subhash-Hemanta Mukhopadhyay section of the New Garia-Aiport line and the Taratala-Majerhat section of the Joka-Esplanade line of the Kolkata Metro, the country's oldest metro network.
Following are the various means to get to the Nehru stadium for the CWG opening ceremony on Sunday.
The air quality in Delhi remained poor Sunday with drop in wind speed even as authorities predicted further fall in air quality index of the national capital in the coming days.
Carlos Brathwaite coming in to bat at number eight, who turned out to be the hero of the evening. He stunned England by smashing Ben Stokes for four maximums.
TES aims to assist existing and aspiring entrepreneurs of today in finding solutions to common challenges.
Tata Motors on Monday said it has bagged an order for supply of 10,000 XPRES-T EV units from BluSmart Electric Mobility. The deployment of 10,000 units makes this the biggest ever EV fleet order in India, the auto major said in a statement. With deliveries starting soon, these vehicles are an addition to the 3,500 XPRES-T EV order, which was signed by both the companies in October last year, and will be used across the country for commuters, in turn helping minimise the carbon footprint.
Police said they will not allow the farmers protesting against the Centre's new farm laws to enter Delhi if they reach the borders of the national capital.
Delhi NCR chapter of TiE will shortlist and recommend over a dozen entrepreneurial ventures to UKTI for mentoring and offering them services that will help them set up UK operations without having to find their feet the harder route.
News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter revenue as it expanded digital footprint, gaining a 39 per cent rise in traffic. Consolidated net loss of Rs 8.74 crore in January-March compared with loss of Rs 1.35 crore profit in the same period a year back, according to a stock exchange filing by the company. Loss, however, narrowed from Rs 10.13 crore in the December quarter as its digital footprint expanded and gained traction.
Maharashtra and the National Capital Region accounted for over 50 per cent of foreign direct investment inflows into the country during the first half of 2010-11, says the latest Industry Ministry data.
According to the Central Pollution Control Board (CPCB), the 24-hour average concentration of lung-damaging fine particles known as PM2.5 in Delhi-NCR shot up from 243 micrograms per cubic metre at 6 pm on Thursday (Diwali day) to 410 micrograms per cubic metre at 9 am on Friday, around seven times the safe limit of 60 micrograms per cubic metre.
In the NCR region, a significant number of residential projects in areas such as Noida have been delayed because of disputes with regards to land acquisition.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Quick commerce is proving to be a solid business proposition, with companies like Zomato's Blinkit and Y Combinator-backed Zepto recently registering growth, charting paths to profitability. Blinkit logged its highest gross order value (GOV) and customer transactions in June and July, showing a positive contribution for the first time in the quarter ended June 2023. Deepinder Goyal, Zomato's co-founder and chief executive officer (CEO), predicted that Blinkit would deliver more value to shareholders than the core food delivery business in the next decade.
The Delhi police on Tuesday arrested two persons including NewsClick founder Prabir Purkayastha in connection with a probe in the portal's foreign funding, officials said.
Housing sales fell 37 per cent year-on-year during the 2020 calendar year while gross office space leasing declined 35 per cent on low demand because of the coronavirus pandemic, but demand improved significantly in the last quarter to cross pre-COVID level, property consultant Knight Frank India said on Wednesday. In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 154,534 units in 2020 across eight cities as compared with 245,861 units in the previous year.
India is the fourth worst-hit nation by the pandemic after the United States, Brazil and Russia.
Siddhesh Joglekar, founder of Estatelister.com lists out reasons why these five cities could emerge as the best real estate investments in the New Year.
L'Oreal India will award 10 scholarships worth Rs 2,50,000 each to deserving Class XII Science girl candidates from Delhi, NCR and Maharashtra.
The delivery staff who drop off packages for online retail giants or food or ferry passengers around the city in their taxis are among the worst affected by the capital's foul air.
