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Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
Vadhavan port

Rapid Infrastructure Development Drives Growth of Satellite Townships Across India

India’s urbanization is accelerating, with major infrastructure projects like the Mumbai Trans-Harbour Link, Navi Mumbai Airport, and Jewar Airport fueling growth in satellite townships. These developments are driving land price appreciation in surrounding areas, offering significant investment opportunities. Over the next decade, regions like Khopoli, Sonipat, and Sanad are expected to see land prices soar, making them prime locations for real estate investment.
Malls in India

Mall Vacancy Levels Down to 8.3% in H1 2024 amid Robust Leasing, Limited Supply

According to ANAROCK’s H1 2024 Retail RELEAP report, mall vacancy rates have dropped to 8.3%, the lowest in six years, as demand continues to outstrip supply. Over 3 million square feet of retail space was leased in the first half of 2024, with a significant demand for smaller spaces and a growing presence of exclusive watches and jewellery stores. The highest upcoming retail supply is expected in NCR, MMR, and Hyderabad, accounting for over 85% of new space.

K Raheja Corp Acquires Bayside Mall and Popular Press Building in South Mumbai for ₹355 Crore

K Raheja Corp has secured two prime properties in South Mumbai, acquiring Bayside Mall and Popular Press Building for ₹355 crore. The deal, completed through Ivory Property Trust, marks the company’s second mall acquisition in the region this year, continuing its expansion in Mumbai’s competitive real estate market.
Dharavi, Asia's largest slum

Lok Vikas Initiative Connects Dharavi Residents to Government Welfare Schemes

Over 300 residents of Dharavi have gained access to essential government welfare schemes through the Lok Vikas initiative by the Dharavi Social Mission. The programme, which has already delivered medical insurance benefits worth Rs 10 crore, helps local residents overcome barriers like cybercrime concerns and lack of awareness, ensuring they don’t miss out on crucial social protections.
RBI

RBI’s Neutral Stance on Repo Rate: What It Means for India’s Real Estate Sector

The RBI’s decision to keep the repo rate unchanged at 6.5% for the eleventh consecutive meeting has led to a mix of optimism and concern in India’s real estate sector. While stability in borrowing costs provides confidence to developers and homebuyers, many were hoping for a rate cut to boost affordability and housing demand, particularly in the affordable housing segment. Experts emphasize the importance of government support and liquidity measures to sustain growth in the sector.