Hanto Workspaces Leases 1 Lakh Sq. Ft. in Bangalore

Society Urges NHAI to Enforce Green Highways Policy

The Aranya, Parisara Mathu Havamana Badalavane Sangha (Society for Forest, Environment, and Climate Change) has called for the immediate implementation of the Green Highways Policy (2015), which obligates the National Highways Authority of India (NHAI) to incorporate environmental safeguards in highway projects. Benedict Fernandes, secretary of the society, told reporters that over the last decade, 30,000 km of highways have been widened and reinforced, leading to the destruction of numerous trees and significant environmental damage. He pointed out that 1,16,000km of highway expansion project..

Housing Sales Fall 4% Y-o-Y in 2024

Strong homebuyer demand and hardening property prices coupled with the general and state elections dented India's residential growth momentum in 2024. ANAROCK data indicates that housing sales in the top 7 cities witnessed a marginal 4% decline in 2024 - approx. 4,59,650 units in 2024 against 4,76,530 units in 2023. However, the overall sales value of housing units saw a 16% yearly jump – from approx. Rs 4.88 trillion in 2023 to approx. INR 5.68 lakh Cr in 2024. MMR witnessed the highest sales of approx. 1,55,335 units in 2024, registering a 1% yearly rise. Pune followed with approx. 81,090 ..

How Urban Growth is Reshaping India's Real Estate

As per Colliers India, by 2030, 40 per cent of India’s population, approximately 60 crore people, is expected to reside in urban areas. Rapid infrastructure development led by nodal authorities is driving the growth of satellite townships across India. By 2030, around 60 crore people are expected to reside in urban areas by 2030. In order to meet this rising demand, India plans to invest over Rs 143 trillion in infrastructure by 2030, focusing primarily on urban housing. Key projects include second airports, inter - city metro connectivity, aero - cities, highways, rail corridors, IT zones, ..