Housing Sales Fall 19% in Q1 2025 Across Top Cities
Housing sales across India’s top eight cities declined nineteen per cent year-on-year in the January–March 2025 quarter, with 98,095 units sold, according to PropTiger. The fall is attributed to rising property prices and broader economic uncertainty. New supply also saw a ten per cent decline, with 93,144 units launched compared to the same period last year. Only Bengaluru and Chennai recorded sales growth: – Bengaluru: up thirteen per cent (11,731 units) – Chennai: up eight per cent (4,774 units) Other cities reported declines: – Mumbai Metropolitan Region: down twenty-six pe..
Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad
Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..
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..
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