China’s Housing Market: A Persistent Slump Despite Revival Efforts
China’s once-booming real estate sector continues to grapple with a prolonged downturn, despite a series of government measures aimed at stimulating a recovery. The decline in home prices, which began in 2021, has persisted throughout the year, raising concerns about the broader economic health of the country. Several factors have
Nirala World Expands Footprint with New Land Acquisition in Greater Noida
Nirala World, a prominent real estate developer, has strengthened its presence in Greater Noida by acquiring a substantial 2.6-acre land parcel for ₹180 crore. This strategic move positions the company to develop a new commercial project in the rapidly growing region. The acquired land is strategically located in a prime
GB Nagar Prioritizes Safety: Five-Member Committee Formed to Oversee Lifts and Escalators
In a proactive move to ensure the safety and well-being of residents, the Greater Noida Authority has established a five-member safety committee tasked with the oversight of lifts and escalators across the city. This initiative aims to prevent accidents and incidents related to these essential amenities. The committee, comprising members
Noida Authority Takes Action Against Defiant Builders
The Noida Authority has taken a stern stance against builders who have flouted building bylaws, sealing four housing projects in the city. The affected projects include Paras Tierea in Sector 120, ATS Pristine in Sector 121, Antriksh Golf View in Sector 78, and Mahagun Mantra in Sector 109. The authority
Navi Mumbai Land Auction: Tepid Response as Only 15 Plots Find Buyers
The recent land auction conducted by the City and Industrial Development Corporation (CIDCO) in Navi Mumbai witnessed a lukewarm response from investors. Despite offering a diverse range of plots, including residential, commercial, and industrial, only 15 out of the 47 plots on offer found buyers. The auction, held on October
RBI’s Key Meeting: What to Expect on October 9 – Will Cheaper Loans Be Introduced or Will Repo Rate Stay the Same?
The RBI’s Monetary Policy Committee will convene from October 7 to 9 to make a crucial decision on the repo rate, which currently stands at 6.5%. Following recent rate cuts by the US Federal Reserve, there is growing anticipation of a similar move in India. However, top experts believe that
Zhejiang Medical Manufacturing Enters South Asian Market
2024 Zhejiang International Trade (India) Exhibition Successfully Held The 2024 Zhejiang International Trade (India) Exhibition, it started from October 5th and will be going on till 7th October at the Pragati Maidan Convention and Exhibition Center in New Delhi. The main event, the 39th MEDICALL exhibition, is recognized as the
Real Estate Sector embraces the RBI’s decision
The RBI MPC’s decision sparks optimism, with the real estate sector poised for significant growth. While the RBI has maintained interest rates unchanged for the 10th consecutive time, it has shifted its stance, surprising the country. This opens the possibility for a rate cut in December or February. Here’s how
Real Estate Sector Aligns with GRAP to Combat Pollution in Delhi-NCR
The real estate sector in Delhi-NCR is stepping up to support the Graded Response Action Plan (GRAP), which aims to control rising pollution levels in the region. With GRAP now in effect, real estate developers are adopting strict measures to comply with the environmental guidelines laid out by the authorities,
Luxury Living Along SPR: High-End Residential Developments See Great Demand
The Southern Peripheral Road has lately emerged as a premier luxury residential destination corridor, attracting affluent buyers and discerning investors to the region. The strategic location offers a seamless blend of modern urban living and proximity to prominent hubs. The area’s growing prominence in Gurugram’s real estate landscape has made
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