Delhi Micro-Markets Drive Up Housing Prices: Grihum Study
A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..
Covestro Develops PCR Polycarbonates from End-of-Life Headlamps
Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..
Capacit’e Wins Rs 2.95 Billion Project from Indus Housing Society
Capacit’e Infraprojects Limited has secured a contract worth Rs 2.95 billion from Indus Co-operative Housing Society for a residential-cum-commercial development in Wadala, Mumbai. The Letter of Acceptance (LoA) covers the construction of Residential Building No. 01 with allied commercial facilities and Residential Building No. 02 at CS No 2/4 Saltpan Division, Shivadi-Chembur Road.The project underscores Capacit’e’s growing presence in high-value urban developments and adds to its portfolio of marquee residential and commercial constructions in Mumbai.Commenting on the win, Mr. Rahul Ka..
Latest Updates
