J&K to receive about Rs 60,000 cr investment in the realty sector

29 Dec 2021 CW Team

Jammu and Kashmir Lieutenant Governor Manoj Sinha told the media that J&K would obtain approximately Rs 60,000 crore of investment in the real estate sector very soon. These investments would have multiplier impacts on the Union Territory’s economy.

Addressing Jammu and Kashmir Real Estate Summit 2021, jointly organised by the Ministry of Housing and Urban Affairs, the J&K and NAREDCO, Sinha said that the investment offers of Rs 44,000 crore with detailed project reports have been presented to the departments involved.

Measures like decreasing aviation fuel rate to 1% and rationalising stamp duty rates (on the lines of other States) are being considered. Infrastructure projects of approximately Rs 100,000 crore are at various stages of execution in the region.

Metro projects in both cities are being viewed. Other ministers present there involved the Minister of State at PMO Jitendra Singh and the Minister of Housing and Urban Affairs, and Minister of Petroleum and Natural Gas, Hardeep Singh Puri.

On Monday, the Jammu and Kashmir government opened the union territory to the nation's real estate investors by inking 39 MoUs worth about Rs 19,000 crore for the advancement of housing, hotel and commercial projects.

Jammu and Kashmir Lieutenant Governor Manoj Sinha told the media that J&K would obtain around Rs 60 thousand crore of investment in the real estate sector very soon. These investments would have multiplier impacts on the Union Territory’s economy.

Sinha said that the investment offers of Rs 44 thousand crore with detailed project reports have been presented to the departments involved.

Image Source

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..