Housing Sales In India’s Top 15 Tier-II Cities Grew By 20% In Value

17 Feb 2025 CW Team

Housing sales in India’s top 15 tier-II cities grew by 20% in value in 2024, reaching $ 17.56 billion, driven by higher demand and price appreciation. While Bhubaneswar saw the highest value growth at 47%, some cities like Nashik experienced a 2% drop. The total number of units sold across these cities grew by 4% to 1,78,771 in 2024. Coimbatore recorded the highest sales volume growth at 36%. In contrast, Visakhapatnam's real estate market faced a severe downturn, with a 21% decline in sales—the highest among all cities.This sharp fall signals a troubling trend for the city’s housing sector, raising concerns about its future prospects. If this continues, Visakhapatnam may struggle to regain investor confidence.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

26 Jun 2026

Jeh Aerospace Opens Global Manufacturing Hub for Solestra Group

Jeh Aerospace (Jeh) and North America-based Solestra Group (Solestra) have inaugurated a dedicated Global Manufacturing Centre at Jeh's Hyderabad facility as part of a multi-year agreement. The centre has been established to strengthen manufacturing capabilities, support innovation and improve production scalability for aerospace programmes. Company officials presented the centre as a strategic manufacturing hub intended to serve global customers and to centralise responsibility for complex supply chain execution. Joe DeMartino, chief executive officer of Solestra, said in a statement that cus..

Infrastructure Urban

26 Jun 2026

Haryana CM Saini Inaugurates Aviation Facilities In Bhiwani

Haryana Chief Minister Nayab Singh Saini inaugurated a set of aviation facilities at the Bhiwani airstrip on Wednesday, marking a significant investment in the region's aviation infrastructure. The ceremony brought into operation a new aircraft hangar, an Air Traffic Control (ATC) building, a security outpost and a canteen, signalling a broadened capacity for the airstrip. State officials described the development as a major step towards strengthening aviation capabilities in western Haryana and improving regional connectivity. The work was completed at a cost of Rs 310 million (mn), which the..

Infrastructure Urban

26 Jun 2026

Dalmia Bharat Plans Rs 40,000 Mn Raise To Reach 130 MTPA By FY31

Dalmia Bharat plans to raise up to Rs 40,000 million (mn) to fund an expansion that targets 110 to 130 million tonnes per annum (MTPA) by fiscal year 2031. The fundraise, authorised by the board on May 23, 2026, will use a mix of public and private instruments to support acquisitions, greenfield and brownfield projects. The company presented the strategy as part of a wider aim to scale manufacturing and strengthen its domestic position. The group currently has about 49.5 MTPA of capacity and intends to scale to 75 MTPA in the medium term while targeting 66.7 MTPA by FY28. Management linked the..