Challenges and Opportunities in Real Estate redevelopment

31 Jan 2022 CW Team

Cities have facilitated human evolution through propagation of ideas, as economist and professor Edward Glaeser puts it. Urban innovations ranging from the Roman aqueduct that transported water to the hyperloop that moves people have facilitated urbanisation, while idea innovations ranging from readymade garments to IT have improved human lives. Although human conglomeration originated from convenience, today it is driven by consumerism. The accrued productivity gains of millions of inhabitants make billion-dollar infrastructure projects viable through economies of scale, while the convenience of access to recreational and educational facilities attracts inhabitants.

Over the past few decades, real-estate development, or urban development in a broader context, has served to satisfy this perpetual demand of economic growth along with the subsequent benefits to human lives. Development, as defined academically, constitutes of any activity that adds value to otherwise unutilised or underutilised space, according to real-estate development expert and professor Richard Peiser. For instance, it can be argued that, from an economic standpoint, a piece of land with a multistorey building housing hundreds of analysts is more valuable than a farmland producing tonnes of wheat every year.

Click here to read more on..

Image Source: Google Images

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..