
Rajasthan housing board to complete buildings under Jan Awas

Gwalior Railway Station Redevelopment Set for Swift Completion
Union Minister Jyotiraditya Scindia visited the under-construction Gwalior Railway Station on Sunday, a key modernisation project, and instructed officials to expedite its completion.During his site visit, the Minister inspected construction materials and design elements, emphasising the use of high-quality stone flooring that reflects Gwalior’s rich culture and heritage. He stressed that quality should not be compromised.“Redevelopment of Gwalior Railway Station is not just about modernising the structure but also providing world-class facilities to passengers. The development will reflec..

RBI Buys 4.16-Acre Nariman Point Land for Rs 34.72bn
In one of the largest real estate transactions in recent years, the Reserve Bank of India (RBI) has acquired a 4.16-acre land parcel at Nariman Point, Mumbai, from the Mumbai Metro Rail Corporation (MMRC) for Rs 34.72 billion. The deal, registered on 5 September, attracted a stamp duty of Rs 2.08 billion, according to CRE Matrix, a real estate data analytics firm.The prime property, located near the backbay reclamation area, lies in the heart of Nariman Point—one of Mumbai’s most prestigious commercial districts. Flanked by Marine Drive, Mantralaya, consulates, and landmark office towers, ..

Indian Real Estate Draws $80bn in 15 Years, 57 per cent from Foreigners
India’s real estate sector has attracted nearly $80 billion in institutional investments over the past 15 years, with foreign investors contributing 57 per cent, according to a joint report by CREDAI and Colliers India.The report, Indian Real Estate: Fostering Equity and Fuelling Economic Growth, was released during CREDAI’s annual event, NATCON. CREDAI, the apex body representing more than 13,000 developers, highlighted the significant growth in institutional inflows, which include family offices, foreign corporate groups, foreign banks, pension funds, private equity, listed REITs, sovere..