Honeywell looks at new business lines, SMEs for India expansion
Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR
Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.
The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant u..
India's Office Leasing Demand Set to Exceed 70 Million Sq Ft in 2024
India's office leasing demand is projected to surpass 70 million square feet in 2024, reflecting a significant uptick in commercial real estate activity. The country's commercial office market continues to exhibit resilience and growth despite challenges posed by the global economic landscape.
Several factors are driving the surge in office leasing demand, including the expansion plans of multinational corporations, the emergence of startups, and the increasing adoption of flexible workspace solutions. As businesses strive to adapt to evolving work models and capitalise on emerging oppo..
Government to Limit Building Heights on Smaller Roads
The government is considering measures to restrict the height of buildings along smaller roads in urban areas, aiming to enhance safety and alleviate congestion. This initiative seeks to address concerns related to urban planning and infrastructure development, particularly in densely populated cities like Jaipur.
The proposal comes amid growing urbanisation and the proliferation of high-rise structures, which often strain existing infrastructure and pose challenges to emergency services and public safety. By curbing the height of buildings on narrow roads, authorities aim to mitigate t..