The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
Speaking during the Question Hour, the road transport and highways minister said the country has set several world records in road construction despite COVID-19. The construction of Zoji La tunnel on the Srinagar-Leh highway will be completed before 2024, while another Z-Morh tunnel will be completed in the next three months, he added.
Projecting India as the land of biggest opportunities globally, Prime Minister Narendra Modi on Saturday promised the business sector facilitation, reforms, a stable policy regime and high growth. Addressing the ET World Leaders Forum, Modi, in turn, asked investors to commit to innovation, performance, positive disruption and high-quality products, as he stressed that the country respects wealth creators.
Households are likely to remain the primary net lenders to the economy in the coming decades.
Housing prices may rise 5 per cent next year on improved demand, according to Knight Frank India. In its '2022 Outlook Report', the property consultant said: "While 2021 was mostly impacted by the volatility due to the pandemic, 2022 may prove to be a more stable year for the sector both for commercial as well as the residential sector." On the housing segment, the report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested to seal the deals.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
Trump is hitting battleground states of North Carolina, Pennsylvania and Michigan to make his closing remarks in the election.
'Just this year alone, close to 40 major transactions involving Bollywood stars have been recorded.'
'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'
India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.
Describing the Central Vista project as 'vital and essential', the Delhi high court on Monday allowed construction work on the project to continue and imposed a fine of Rs 1 lakh on the petitioners for their 'motivated' plea.
Devendra Fadnavis, a seasoned politician with deep roots in the RSS, is set to become the Chief Minister of Maharashtra for the third time, after his party, the BJP, won a landslide victory in the state assembly elections. Fadnavis' political journey has been marked by resilience and strategic maneuvering, as he has navigated through challenging times, including political upheavals and controversies.
Mumbai-based developers Macrotech Developers (Lodha) and Oberoi Realty have emerged as top gainers among largecap realty stocks over the past month, with gains ranging from 29 per cent to 33 per cent. Strong ongoing sales trends in Mumbai's core market, record bookings in the January-March quarter, and healthy guidance for 2024-25 (FY25) have propelled these companies, which derive the majority of their revenues from India's financial capital.
The plea also states that the petitioners are also questioning why or how the project constitutes an "essential service", merely because some executive mandated contractual deadline has to be met.
The centre, which will cost between $18 and $20 million, will promote Indian-American culture and provide social, health care and referral services for everyone regardless of their ethnicity.
He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Yediyurappa and his son had rejected the allegation outright, saying that there was no truth in the matter.
'Even actresses who are mothers play leading roles. There's also been a dramatic shift in the kinds of roles available to women. It's no longer limited to being the heroine, the heroine's mother, aunty or vamp.'
This was the second incident of desecration at a BAPS temple in less than a month in the US amidst the growing trend of temple vandalism as part of a systematic hate crime against the Hindu community in the country.
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
'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.'
Polling for the municipal elections in Delhi will be held on December 4 and votes will be counted on December 7.
'This is probably why the late General Bipin Rawat, who hails from the Garhwal Himalaya, said that the existing roads are fine with the army.'
'Everything about farming is enjoyable and relaxing.'
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
Due to heavy rains and waterlogging over the tracks at several locations on South Central Railway network, as many as 99 trains were cancelled and four trains were partially cancelled while 54 trains were diverted, an SCR official said.
Justices Arif S Doctor and Somasekhar Sundaresan held there was nothing in the MCC that would interfere with the Board's ongoing activities.
Farmers too will get better deals
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
The 74-year-old real estate mogul-turned politician, who radically changed politics in the corridors of power in Washington, DC over the past four tumultuous years, was impeached for a second time on the charges of 'incitement of insurrection' for the violent storming of the United States Capitol by his supporters just days before the end of his four-year term.
Redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate and has a deadline of December 2021, has achieved 60 per cent of physical progress, the Union housing and urban affairs ministry told the Lok Sabha on Thursday.
The "intentions and motive" behind filing of the plea are evident from the fact that the instant project has been singled out by the petitioners despite several other agencies, including Delhi Metro, carrying out construction activities across the national capital, the Centre has alleged.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
The Delhi State Environment Impact Assessment Authority (SEIAA) has granted environmental clearance to the proposal for the construction of the 'Executive Enclave' which will house the new Prime Minister's Office and Cabinet Secretariat.
Jammu and Kashmir Lt Governor Manoj Sinha assured the newly elected legislative assembly on Monday that the Omar Abdullah government will make all efforts for the restoration of full statehood and constitutional guarantees available to the state.
'Not even in my wildest dreams did I think I would write a book one day.'
