1.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.

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2.~4.66 lakh homes delivery in 2020 may miss deadline

The top 7 cities were to see the delivery of nearly 4.66 lakh units by 2020-end.

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3.COVID-19 Impact on Warehousing

Warehousing and logistics will bounce back the fastest, but in what form?

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4.The Real Estate Pile-Up

Developers are sitting on unsold inventory worth Rs 3,700 billion.

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5.Logistics and manufacturing head for recovery

6 million sq ft of absorption recorded in Q1

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6.Aviation flies towards Rs 250 bn revenue loss: CRISIL

Roads and highways would rebound faster despite sharp losses this quarter

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7. 67% still want to invest in properties despite COVID

56% either shortlisted or actively looking to buy property in less than six months

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8.JICA extends ODA loan of Rs 24.80 bn for Mumbai Metro Line 3 Project (III)

The objective of the project is to cope with the increase in traffic demand in Mumbai by expanding the mass rapid transportation system

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9.COVID-19 lockdown stalls construction activities

Homebuyers should expect project delays

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10.Kolkata East West Metro corridor Phase-I inaugurated

Piyush Goyal dedicated various railway projects to the nation

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