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Hurun Report, a leading luxury publishing and events group which is globally recognised for its comprehensive evaluation of the world’s wealthiest individuals today, has unveiled the list of richest real estate entrepreneurs in India.
The 15th Construction World Annual Awards once again recognised and awarded the frontrunners of the construction industry in Mumbai.
Prism Cement is one of the leading integrated building material providers in India. The company has a varied range of products including cement, ready-mix concrete to sanitaryware.
CBRE South Asia has announced the findings of its latest India Office MarketView Report – Q3, 2017. While Gurgaon dominated leasing activity during the review period, Noida recorded a quarterly increase in absorption.
This year the festive season has begun early and now we are witnessing the green shoots of recovery in the real estate sector specifically mid and affordable housing. Last November, the demonetisation severely impacted the real estate sector across India and that led to low transactions.
Healthy surge in rentals across key business districts reinstated the growing prominence of Indian metros on the global map of high-rent yielding commercial spaces according to the Asia-Pacific Prime Office Rental Index for Q2 2017 by Knight Frank.
Pune’s residential market seems to have seen little impact of demonetisation if the 1H17 sales figures are anything to go by. Although the city’s apartment sales had remained steady even in 2H16 when demonetisation had affected most other markets, Pune’s sales showed a slight improvement as they rose by 4 per cent (YoY) in 1H17.
Government construction arm NBCC is reportedly working to significantly expand its foreign presence through an expansion in its order book, taking it from the current Rs 700 crore up to Rs 10,000 crore by 2022.