Housing Sales Forecasted to Drop 2% in Top 9 Cities

24 Jun 2024 CW Team

In a significant development for Maharashtra's automotive sector, Mercedes-Benz has revealed plans to invest ?30 billion in the state. This investment aims to bolster local manufacturing capabilities and enhance production capacities at its facilities. The announcement was made by the state's Industries Minister, highlighting the strategic importance of Maharashtra as a hub for automotive manufacturing and innovation. The investment by Mercedes-Benz is expected to create employment opportunities and stimulate economic growth in the region. It underscores the company's commitment to expanding its footprint in India and leveraging local resources and talent. This move also aligns with broader efforts to strengthen the automotive manufacturing ecosystem in Maharashtra, fostering a conducive environment for industrial development. The investment comes at a crucial time as the automotive industry navigates through evolving market dynamics and technological advancements. It signals confidence in India's market potential and underscores Mercedes-Benz's long-term vision for sustainable growth and innovation in the country.

Real Estate

13 Jul 2026

The Grande, Meerut: A Decade-Long Revival Completed

The completion of The Grande, Meerut marks the culmination of a decade-long effort to revive one of Western Uttar Pradesh's most challenging stalled housing developments. Spread across approximately 1.2 million sq ft along the Delhi–Meerut Highway, the nearly 600-home mixed-use project has now been fully handed over after ZTA Infratech led its final phase of execution.Originally launched under Proview Rishabh through an association involving Proview Construction and Rishabh Heights, t..

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..