Housing Prices Surge in 41 Cities, Including Delhi and Mumbai

06 Dec 2023 CW Team

The National Housing Bank's (NHB) recent report sheds light on a substantial surge in housing prices during the July-September quarter, impacting 41 cities across the country. Notably, this upward trend includes prominent metropolitan areas such as Delhi and Mumbai, signaling evolving dynamics in the real estate market and posing considerations for urban housing affordability.

The report indicates that the rise in housing prices is a phenomenon experienced in various urban centers, reflecting the complex interplay of market forces and demand-supply dynamics. Cities like Delhi and Mumbai, with their historically dynamic real estate landscapes, contribute significantly to this nationwide trend.

Factors contributing to the increase in housing prices may include growing demand, limited housing supply, and the broader economic environment. The findings prompt a closer examination of the challenges and opportunities within the real estate sector, especially in major cities where housing affordability has been a recurrent concern.

As the real estate landscape evolves, stakeholders, policymakers, and homebuyers alike are likely to scrutinize these trends for their potential implications on the overall housing market. The NHB report serves as a valuable insight into the nuanced changes in housing prices, offering a comprehensive view of the market dynamics during the specified quarter and setting the stage for informed discussions on strategies to address affordability concerns.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..