India's real estate sector contribution to the GDP is growing steadily, from under 5 per cent in the early 2000s to 6-8 per cent today and is projected to reach 14-20 per cent, positioning it as a potential USD 10 trillion growth catalyst by 2047.
Mohali (Punjab) [India], September 10: Epique Real Ventures, the premium real estate consultancy arm of RAAH Realogics, continues its ascent in Northern India's property advisory scene, securing top honours at the prestigious BizNEXT Summit organized by News18 Punjab & Haryana. The firm was
Rationalisation of tax rates on construction material is expected to cut the construction cost for the real estate sector by 3.5 to 4.5 per cent, according to a report by Crisil Intelligence. The government has announced to cut GST rates on cement, marble, granite, sand, bricks, etc substant
New Delhi [India], September 4: A new UK-based digital platform has entered India's property market with the aim of reshaping how industry professionals, property sellers, and buyers connect. RealEstate Talk, created by UK-based entrepreneur Dilip Apte, brings a specialised social network to
The continued expansion of Global Capability Centres (GCCs), coupled with strong domestic demand, is driving a steady decline in office market vacancy rates, signalling renewed momentum in India's commercial real estate sector, according to the latest report by CREDAI-CRE Matrix.
New Delhi [India], August 21: In a move set to redefine the landscape of digital marketing and customer interaction, Vizree.ai, a trailblazing AI-driven startup based in Bengaluru, today announced the launch of its groundbreaking 360-degree marketing and customer experience platform. The com
The Industrial and Logistics (I&L) real estate sector in India has demonstrated exceptional momentum during the first half (H1) of 2025, with manufacturing space leasing hitting record levels, according to a statement by JLL, a global real estate services company.
Mumbai (Maharashtra) [India], August 18: In a landmark development for Mumbai's real estate sector, CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), has announced the appointment of Mr. Sukhraj Nahar, Chairman of Nahar Group, as its 18th
New Delhi [India], August 7: In a move widely anticipated by market watchers, the Reserve Bank of India has chosen to maintain the repo rate at 5.5%, following a cumulative 100 bps reduction over the past three Monetary Policy Committee (MPC) meetings. For the real estate sector, this pause
India's residential real estate sector has witnessed a slowdown in new project launches, with the number of units introduced in the first half of calendar year 2025 (H1 CY'25) falling to approximately 2.6 lakh, compared to around 3 lakh units during the same period last year.
New Delhi [India], July 31: On World Youth Skills Day, Pidilite Industries Limited, a leading manufacturer of adhesives, sealants, construction chemicals, and art materials, reaffirmed its commitment to empowering India's youth through vocational training and digital innovation. With India's
New Delhi [India], July 30: Warning that the country's housing ladder is losing its crucial first rungs, Ashwinder R. Singh, Vice-Chairman & CEO of BCD Group and Chairman of the CII Real Estate Committee, has raised a red flag over India's shrinking affordable housing supply. Affordable