India’s E-Commerce Industry Poised to Reach USD 550 Billion by 2035

India’s e-commerce industry is projected to hit USD 550 billion by 2035, according to a joint report by ANAROCK and ETRetail. The sector, valued at USD 125 billion in 2024, is expected to reach USD 345 billion by 2030. The report highlights a surge in online shoppers from smaller towns, with Tier 2 and 3 cities accounting for 56% of shoppers in FY2024. Additionally, mall vacancy rates have dropped to 8.1% in 2024, indicating a strong post-pandemic recovery in physical retail spaces.

Hiranandani Group Partners with Krisala Developers for Rs 7000 Crore Integrated Township in Pune

Hiranandani Group makes a grand entry into Pune’s real estate market through a joint development with Krisala Developers. The 105-acre integrated township in North Hinjewadi will feature residential, commercial, and retail spaces, with Phase I spanning 30 acres and a projected turnover of Rs 2100 crore.

India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024

India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.

UC Punawale Skyscrapers LLP Acquires Land in Punawale, Pimpri-Chinchwad for ₹129 Crore

UC Punawale Skyscrapers LLP has acquired a land parcel in Punawale, Pimpri-Chinchwad, for ₹129 crore. The rapidly growing suburb is attracting homebuyers and investors due to its connectivity, affordability, and proximity to Hinjewadi IT Park.

FM Nirmala Sitharaman Hands Over Keys to Homebuyers as SWAMIH Fund Completes 50,000 Homes

Finance Minister Nirmala Sitharaman handed over keys to homebuyers in Mumbai as the SWAMIH Fund reached a major milestone of completing 50,000 homes. The initiative, aimed at reviving stalled residential projects, has provided long-awaited relief to thousands of families, reinforcing the government’s commitment to stabilizing the real estate sector and boosting economic recovery.