2022 may be record year for residential real estate: report

16 Sep 2022 CW Team

Despite a rise in construction costs and the monetary tightening measures by the Reserve Bank of India (RBI), both sales and new launches in residential real estate have remained firmly on a growth trajectory, according to a CBRE-CII joint report.

According to the report, unprecedented sales and launch momentum has been witnessed in the first half (H1) of 2022. Property prices have increased across most micro-markets and across segments due to record sales and developers’ decision to pass on rising construction costs to buyers.

In view of this situation, 2022 is expected to be a strong year for the residential sector, with both sales and new launches likely to reach a decadal peak and cross the 200,000-unit mark. While the continued inflation and rising cost of financing may impact stakeholder sentiments in the near term, the overall health of the sector is likely to remain strong owing to positive homebuyer sentiments.

As per the report, the reasons for the continued strength could be the sustained government support for housing, especially to the affordable and mid-end categories, which have been key drivers of sales and launch activity in the sector. Moreover, the continued need for home ownership is not only strengthening the market share of Tier I developers, but also encouraging new players to enter this space.

Infrastructure Urban

09 Apr 2026

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..