Sunteck Realty Buys Distressed Land Parcel in Andheri East, Plans ₹2,500 Crore Residential Project

Sunteck Realty has acquired a premium land parcel in Andheri East through a distressed-asset deal, with plans to develop a ₹2,500 crore residential project in one of Mumbai’s most connected micro-markets.

Maharashtra Releases ₹25.81 Crore Under PMAY (Urban) 2.0 for Individual House Construction Across Urban Bodies

The Maharashtra government has approved ₹25.81 crore under PMAY (Urban) 2.0 for individual house construction, benefiting 2,581 urban beneficiaries across multiple municipal corporations.

India’s Steel Scrap Demand Set to Surge as Capacity Expansion Accelerates: MRAI Pushes for GST Cut and Policy Reforms

India’s steel scrap demand is expected to surge as the country moves towards 300 million tonnes of steel capacity by 2030. At IMRC 2026, policymakers and industry leaders stressed the need for GST cuts, stronger EPR enforcement and policy reforms to formalise recycling and support sustainable steelmaking.

🏗️ Realty Stocks Open Lower as Markets Resume Trade; Weakness Continues, Eyes on Intraday Support Levels

Realty stocks opened lower this morning as the Nifty Realty index declined at the bell. While large developers offered some stability, mid-cap names lagged. The sector is expected to remain range-bound or weak unless fresh triggers emerge.

Bigger Homes, Bigger Bills: Why India’s Housing Market Is Rapidly Moving Out of the Affordable Zone

India’s housing market is moving decisively towards larger and more expensive homes. As 3BHKs and luxury units dominate demand, affordability pressures are rising for first-time and middle-income homebuyers.