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1.After a five-time reduction in 2019, RBI keeps repo rates unchanged at 5.15%

The real estate fraternity has expressed disappointment over the RBI’s decision.

2.Canada Pension Plan Investment Board to invest up to $600 mn through NIIF

The agreement includes a commitment of $150 million in the NIIF Master Fund and co-investment rights of up to $450 million in future opportunities.

3.The Cornerstones of Nation-Building

Infrastructure and real-estate’s contribution to India’s GDP is the highest at 29.5 per cent, says Pradyumna Mishra.

4.Bennet and Bernard launches Quinta Del Mariano in Goa

Quinta Del Mariano, a new holiday home project, has been introduced by real estate developer Bennet and Bernard, in Assagao, North Goa.

5.The Cornerstones of Nation-Building

The infrastructure and real-estate sectors’ contribution to India’s GDP is the highest at 29.5 per cent, compared to 22.6 per cent for the US and 17.6 per cent for China, says PK MISHRA.

6.$14 billion foreign PE flows to Indian real estate in five years

63 per cent in commercial real estate

7.Gera Developments launches India’s first seven-year real-estate warranty

Gera Developments – Pune-based residential and commercial developers – has unveiled India’s first seven-year warranty in the real estate sector.

8. 1,600 stalled projects receive support of Rs.250 billion

The government recently announced its decision to set up a Rs.250 billion alternative investment fund (AIF) to bring relief for developers and give the sector a boost.

9.Wienerberger announces investment of Rs 300 million in its factory in Kunigal

Ninety-Five-per-cent of existing factory electricity requirement is alreadybeing met through renewable energy

10.We expect demand to improve in Karnataka and Kerala as they are recovering from floods and calamities

India is the second largest producer of cement in the world. The housing and real estate sector is the biggest demand driver of cement, accounting for about 65 per cent of the total consumption in India.