Two malls in Gurugram and Noida were evacuated on Saturday after they received bomb threat emails with police later saying that nothing suspicious was found following anti-sabotage checks.
The quake triggered panic among people, with many in Delhi and the National Capital Region reporting shaking of furniture.
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'
Power was also disrupted in many areas as the dust storm swept the national capital late Friday night.
As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.
Security was beefed up as agencies swept the airport terminals after the emails were received around 12.40 pm from the ID exhumedyou888@gmail.com.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
'Our priority remains brownfield expansion, and in the next few years, we plan to increase our capacity to around 6,000 beds.'
The Supreme Court on Friday said that crop residue burning in Punjab and some other states adjacent to Delhi have to be stopped and solution has to found to reduce the pollution level in the national capital region (NCR).
With US-based electric vehicle (EV) maker Tesla scouting for a suitable location for its foray in India, Rajasthan has joined the fray with a host of offers to woo the Elon Musk-led company. Other challengers include Gujarat, Tamil Nadu, and Maharashtra. Sources privy to the development said that an initial meeting between the senior executives of Tesla and the government of Rajasthan, which was held last week, turned out to be "quite positive." Tesla would now carry out a survey and is expected to share the survey details with the state's investment promotion department soon.
Global investors have been cautious this year to put money into Indian real estate, as private equity inflow is down 44 per cent till December 12 to $3 billion compared to the entire previous year, according to Knight Frank. Real estate consultant Knight Frank India on Thursday released its data showing that the Indian real estate market received $3,024 million in PE investments from 23 deals between January 1 and December 12 this year, as against $5,357 million recorded in 2022.
After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.
With protesting farmers seeking to march to the national capital, security remained tight on Wednesday with personnel deployed in huge numbers and barricades regulating movement in central Delhi and at border points with Haryana, which can cause hardships to commuters.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
Trains of the Regional Rapid Transit System (RRTS), to be inaugurated by Prime Minister Narendra Modi on Friday, will be known as 'Namo Bharat', Union Minister Hardeep Singh Puri announced on Thursday.
'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'
The latest earthquake was also felt in parts of Noida and Greater Noida, adjoining Delhi, prompting several people living in high-rises to rush out of their buildings.
The apex court had relaxed the interim bail conditions imposed on Mishra by the trial court on January 25. Mishra was asked not to stay either in Uttar Pradesh or in Delhi during the period.
Modi showed the green flag to the train connecting Sahibabad and Duhai Depot stations, marking launch of the RRTS in India. The train can run at a speed of 180 km per hour,
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
Having been a pillar of support for Afghanistan cricket for close to a decade now, the BCCI is set to extend infrastructure and exposure-related assistance to Nepal's talented players with the aim to maintain a robust cricketing eco-system in the South Asian region.
Pollution levels in the national capital entered the "severe" zone for the first time this season on Thursday, with scientists warning of a further spike over the next two weeks.
The similar modus operandi in all these murders has led the police to suspect the involvement of gangsters, the officer further said.
On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.
The Delhi government's odd-even car rationing scheme to curb air pollution on Tuesday came under scrutiny by the Supreme Court which questioned its effectiveness and termed it "all optics".
CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.
The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage. This shift, identified by BofA Global Research, closely monitoring key segments of the app business, has pushed JioMart to third place in the grocery space.
A bench of Justices Sanjay Kishan Kaul and Sudhanshu Dhulia also suggested why should there be any purchase under the minimum support price system from farmers who indulge in crop residue burning, irrespective of the fact that citizens and children were affected due to pollution.
Authorities in New Delhi intensified security arrangements on Tuesday to stop the farmers' march from entering Delhi as the Singhu and Tikri borders were shut while the Red Fort complex was closed temporarily after peasants on their way to the national capital clashed with the police at the Shambhu border between Haryana and Punjab.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
Briefing reporters at his office, Army Day Parade Commander Major General Salil Seth said, "Artificial Intelligence is being used for the first time to identify the best marching contingent. As you know all the marching contingents do drills and do drills correctly."
An earthquake of magnitude 3.1 struck Faridabad in Haryana at 4.08 pm on Sunday, the National Centre for Seismology said.
India's cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. However, dealers and industry executives note that state elections, festival season, and, in some markets, weddings and pollution may temporarily disrupt this demand story. While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode.
A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.
School children celebrated Aravalli Day on Tuesday, December 13, 2022 near the Aravalli hills in Gurugram to show solidarity with the clean air and water security of the Aravalli ecosystem.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.
As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.