Mumbai property registrations dip in July 2023

Housing Prices Rise 59% as Land Costs Drive Inflation

Housing prices across India’s top seven cities increased significantly faster than construction costs between 2021 and 2025, according to Anarock Research. Average construction costs for standard-plus residential projects rose 34% from Rs 2,681 per sq ft in 2021 to Rs 3,604 per sq ft in 2025, while average residential capital values increased 59% from Rs 5,826 per sq ft to Rs 9,260 per sq ft.Construction costs recorded a CAGR of about 6.9% during the period, compared with around 12% for residential selling prices. Premium-segment construction costs rose 39% from Rs 3,861 per sq ft to Rs 5,37..

Syrma SGS Elemaster Opens High-Reliability Electronics Facility

Syrma SGS Technology and Elemaster Group have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru through their joint venture, Syrma SGS Elemaster Private Limited.The facility aims to strengthen India’s advanced electronics manufacturing capabilities and support customers across domestic and global markets, particularly in sectors requiring high quality, reliability and stringent manufacturing standards.Located in the Bommasandra Industrial Area, the 20,000 sq. ft. facility is equipped with advanced Surface Mount Technology (SMT), Through-Hole Technology (THT) ..

UrbanVault Expands Chennai Workspace Portfolio with 100,000 Sq. Ft.

UrbanVault has expanded into Chennai with approximately 100,000 sq. ft. of managed workspace across three properties, strengthening its presence in India’s flexible workspace market.The company’s Chennai portfolio includes Olympia Teknos and UV IPL in Guindy, and Ceebros Chambers on Velachery Main Road. The expansion marks UrbanVault’s entry into its seventh city, taking its national footprint to more than 3 million sq. ft. across 80+ centres.UrbanVault expects its annual revenue to cross Rs 350 crore in FY27, supported by expansion across major business hubs and rising demand for manage..