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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.
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.