Auto Retail Sector Grows 13.84% Y-O-Y

07 Aug 2024 CW Team

The auto retail sector has experienced a significant boost, with sales increasing by 13.84% year-over-year (Y-O-Y) to 20.34 lakh units in July 2024. This growth reflects a strong recovery and heightened consumer demand in the automotive market.

The notable rise in sales is attributed to several factors, including improved consumer confidence, favorable financing options, and the launch of new vehicle models. The increase highlights a positive trend in the sector, as consumers continue to invest in automobiles despite broader economic uncertainties.

Key segments contributing to this growth include both passenger and commercial vehicles. The demand for electric and hybrid vehicles has also seen an uptick, reflecting a shift towards more sustainable automotive solutions.

The robust performance in July 2024 follows a period of fluctuating sales, marking a rebound for the industry. Industry stakeholders view this growth as a sign of a strengthening market and are optimistic about continued momentum in the coming months.

Overall, the 13.84% Y-O-Y increase in auto retail sales underscores the sector's resilience and its role in driving economic activity. The trend suggests a vibrant automotive market with strong consumer interest and potential for further expansion.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..