Magicbricks’ Propindex Report Q2 reveals road to recovery for real estate
Real Estate

Magicbricks’ Propindex Report Q2 reveals road to recovery for real estate

As India’s economy has started getting back to a ‘new normal’ following the COVID-19 outbreak and the nationwide lockdown, the real estate sector has also started to witness some green shoots as home buyers are back in the market, though in lower numbers, across Tier-1 cities, reveals the...

As India’s economy has started getting back to a ‘new normal’ following the COVID-19 outbreak and the nationwide lockdown, the real estate sector has also started to witness some green shoots as home buyers are back in the market, though in lower numbers, across Tier-1 cities, reveals the Magicbricks’ Propindex Report Q2 2020. The report suggests that property buyer market sentiments are on the path to recovery, with the buyer searches on the Magicbricks property portal set to surpass the pre-COVID levels, indicating robust underlying fundamentals on the demand side.Real estate prices in the top eight cities saw a 2-9 per cent decline in April 2020. However, prices recovered in the April-June quarter to just 1-5 per cent decrease across Tier-1 cities.

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Real Estate

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

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Infrastructure Urban

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

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Infrastructure Transport

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..

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