Property Registrations Surge 13% in Indore
Real Estate

Property Registrations Surge 13% in Indore

Indore has witnessed a significant 13% surge in property registrations in October 2024, reflecting the growing real estate activity in the city. This increase highlights the continued demand for residential and commercial properties despite prevailing economic uncertainties. The rise in registrations signals a positive outlook for the local real estate market, which has seen sustained interest from both investors and homebuyers.

Real estate experts attribute the surge to factors such as improved infrastructure, enhanced connectivity, and the city’s appeal as a growing business hub. Indore's status as a key educational and healthcare center also adds to its attractiveness, driving residential demand. Additionally, various government initiatives, such as affordable housing schemes and incentives for developers, have contributed to the uptick in property transactions.

The surge in registrations further reflects the ongoing recovery and growth of the real estate sector in India, as cities like Indore continue to experience rising urbanization and a robust demand for housing and commercial spaces.

Indore has witnessed a significant 13% surge in property registrations in October 2024, reflecting the growing real estate activity in the city. This increase highlights the continued demand for residential and commercial properties despite prevailing economic uncertainties. The rise in registrations signals a positive outlook for the local real estate market, which has seen sustained interest from both investors and homebuyers. Real estate experts attribute the surge to factors such as improved infrastructure, enhanced connectivity, and the city’s appeal as a growing business hub. Indore's status as a key educational and healthcare center also adds to its attractiveness, driving residential demand. Additionally, various government initiatives, such as affordable housing schemes and incentives for developers, have contributed to the uptick in property transactions. The surge in registrations further reflects the ongoing recovery and growth of the real estate sector in India, as cities like Indore continue to experience rising urbanization and a robust demand for housing and commercial spaces.

Next Story
Infrastructure Energy

Adyant Enersol & UPC Renewables Secure SJVN's 600 MW Wind Project

Adyant Enersol (Datta Infra) and UPC Renewables secured contracts in SJVN’s auction to develop 600 MW inter-state transmission system (ISTS)-connected wind power projects under a build-own-operate model. Adyant Enersol was awarded 70 MW with a tariff of Rs 3.98/kWh, while UPC Renewables secured 100 MW at a tariff of Rs 3.99/kWh. The tender for these projects was issued in March 2024, allowing bidders to submit proposals for capacities ranging from a minimum of 50 MW to a maximum of 300 MW, with project sizes specified in multiples of 10 MW. The selected developers are required to establis..

Next Story
Infrastructure Energy

Bridge and Roof Secures SJVN Contract for 100 MW Solar Project

Bridge and Roof Company, a government enterprise under the Ministry of Heavy Industries, has secured the engineering, procurement, and construction contract from SJVN Green Energy to establish a 100 MW solar power project in Rajasthan’s Didwana-Kuchaman district. The project is valued at approximately Rs 3.5 billion. The tender was issued in April 2024. The scope of work includes land development, design and engineering, procurement of equipment and materials, testing at the manufacturer’s facility, packing, transportation, supply, unloading, on-site storage, installation, erection, test..

Next Story
Infrastructure Transport

NHAI Uses AI and Drones to Detect 1,000 Encroachments on Highways

The National Highway Authority of India (NHAI) has implemented artificial intelligence (AI) and drone technology to detect approximately 1,000 encroachments on four major national highways. This initiative aims to address obstacles that hinder road construction projects and ensure their timely completion. The survey covered a span of about 360 kilometres, utilising high-frequency drones to capture detailed aerial images of the highways. AI-driven algorithms analysed these images to identify potential encroachments, including parked vehicles, construction materials, and makeshift structures. F..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000