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Stuck or delayed homes completed in the last 5 months
Real Estate

Stuck or delayed homes completed in the last 5 months

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately ...

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately 480,000 units. The total value of the current stuck or delayed housing stock exceeds Rs.448 tn. NCR saw maximum completions with approximately 16,750 units reaching the finish line; close to 240,610 units worth Rs.1,814.1 bn are still stuck or delayed. MMR came a distant second with approximately 5,300 units completed, followed by Bengaluru with 3,960 units. MMR and NCR currently account for 77 per cent of stuck or delayed units; south cities (Bengaluru, Chennai and Hyderabad) have just nine per cent overall share. Chennai has the least stuck or delayed units among the top seven cities with approximately.

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Real Estate

Rs 24.4 Trillion Worth Of Plots Launched Since 2022

Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger ap..

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Infrastructure Urban

Wyndham, Cygnett To Add 60 Hotels Across South Asia

Wyndham Hotels & Resorts has entered into a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to significantly expand its presence across South Asia. The collaboration will bring Wyndham’s La Quinta and Registry Collection Hotels brands to India, with plans to develop over 60 hotels across India, Bangladesh, Sri Lanka, and Nepal in the next ten years.This move seeks to capitalise on the growth of India’s travel and tourism industry, fuelled by infrastructure investments, a growing middle class, and rising domestic and international tourism.Dimitris M..

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Infrastructure Urban

Marengo Asia To Invest Rs 1.5 Billion In West India Expansion

Marengo Asia Healthcare, a prominent multi-specialty hospital platform backed by marquee investors including Samara Capital, Havells Family Office, and the Godrej Family Office, has announced a strategic investment of Rs 1.5 billion to expand its presence into Maharashtra and Rajasthan. The move is part of the group’s wider vision to build a pan-India network by strengthening its operations across northern and western India.Currently operating around 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo plans to double its bed capacity to 3,000 within the next 12 months. This wi..

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