Mumbai, Bengaluru Among Top APAC Housing Growth Markets

09 Feb 2024 CW Team

According to a recent report by Knight Frank, Mumbai and Bengaluru have secured positions among the top 10 Asia-Pacific (APAC) markets for housing price growth in the second half of 2023. The report highlights a significant surge in housing prices in these cities, indicating robust demand and market activity.

Mumbai, one of India's largest metropolitan areas, witnessed a substantial increase in housing prices, reflecting its status as a key real estate hub. Similarly, Bengaluru, known as India's Silicon Valley, experienced notable growth in housing prices, driven by the city's thriving IT and tech sector.

The report underscores the resilience of India's property market amidst broader economic fluctuations. Factors such as urbanization, population growth, and increased demand for housing have contributed to the upward trajectory of prices in these cities. Additionally, favourable government policies and infrastructure development initiatives have further bolstered the real estate sector's performance. The report's findings suggest that Mumbai and Bengaluru continue to be attractive investment destinations for property buyers and developers alike. However, rising housing prices also pose challenges related to affordability and access to housing for the general population. As these cities strive to maintain sustainable growth in their real estate markets, policymakers and stakeholders need to address issues of affordability and housing supply to ensure inclusive urban development. Overall, the inclusion of Mumbai and Bengaluru in the top APAC housing growth markets underscores their status as dynamic and resilient real estate markets in the region.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..