University of Maine Unveils World’s Largest 3D Printer, Capable of Constructing a House in Under 80 Hours
The University of Maine has introduced a groundbreaking innovation to the world: the Factory of the Future, the largest 3D printer ever built. This colossal printer boasts impressive dimensions, capable of crafting objects up to 96 feet long, 32 feet…
FY25 Residential Real Estate Outlook: Demand and Price Growth to Moderate; Segment Bi-polarisation to Undergo Course Correction
India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the residential real estate sector for FY25. Absorption and prices are likely to be supported by affordability and stability of interest rates. However, given the high base of FY24,…
Indian Real Estate Market Soars as developers Anticipate USD 1.5 Trillion Surge by 2034, Reveals CII-Knight Frank Report
In a groundbreaking report released by the Confederation of Indian Industry (CII) in collaboration with Knight Frank, the Indian real estate market is poised for a monumental surge, with projections reaching a staggering USD 1.5 trillion by 2034. The comprehensive…
Domestic investors dominated institutional investments in Q1 2024
Q1 2024 reported institutional investments of USD 552 Mn, registering a decline of 55% on year and 27% on quarter. This steep fall could be attributed to the cautious approach of foreign investors amid global macroeconomic uncertainty. On the other…
Signature Global FY24 pre-sales grow 112% to INR 72.7 billion; collections rise 62% to INR 31.1 billion
Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, achieved its best ever quarterly and annual pre-sales performance of INR 41.4 billion and INR 72.7 billion respectively…
RBI Maintains Repo Rate at 6.5% in First Monetary Policy of FY24-25
In the inaugural monetary policy announcement for the financial year 2024-25, Reserve Bank of India (RBI) Governor Shaktikanta Das revealed that the key policy repo rate would remain unchanged at 6.5%, marking the seventh consecutive maintenance. The two-day review meeting…
Residential Property Prices Soar: 10-32% Increase Accompanies 14% Rise in Q1 2024 Housing Sales
Anarock Property Consultants’ latest report unveils a significant surge in housing sales across India’s top seven cities during the initial quarter of the year. The data illustrates a remarkable 14% uptick in housing transactions from January to March, accompanied by…
Foreign investors infuse an average of ~USD 4 Bn investments per year in Indian real estate
Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has recently launched its latest insights into the dynamic year ahead forecast for the Asia Pacific real estate industry. Colliers’ 2024 Investor Insights – Country Spotlight Series provides real estate…
Dwarka Expressway Inauguration by PM Modi Sparks Optimism for Property Boom in Gurugram
With Prime Minister Narendra Modi inaugurating the Gurugram section of the Dwarka Expressway, which connects New Delhi and Gurugram, on March 11, the stage is set for a boom in property prices along the corridor. What do industry experts feel? Mr. Pradeep Aggarwal,…
Bangalore records residential registrations of Rs 14,436 Crores in Q4 2023
Bangalore’s residential market sustains impressive growth in Q4 2023, recording 17730 transactions amounting to Rs 14,436 crores, as per Square Yards Data Intelligence for property registered by Inspector General of Registration (IGR), Karnataka. Bangalore-based Prestige Group reigned supreme in terms of units…