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Indian Real Estate Set for Breakthrough: Projected 16% Annual Growth to Reach $10 Trillion by 2047

A new report by Colliers and CREDAI forecasts that India’s real estate market will grow at an annual rate of 16%, reaching a value of $10 trillion by 2047. Driven by urbanization, demographic shifts, and infrastructure development, this growth will reshape various real estate sectors and create new investment opportunities.

MHADA Lottery: Over 1.34 Lakh Applications Received

MHADA has declared a lottery for 2030 homes in Mumbai, closing applications with over 134,000 received by the September 19 deadline. The lottery, scheduled for October 8, presents applicants with odds of 0.015% for securing a home, highlighting the high demand for affordable housing in the city.

Belicia Generates Over INR 200 Crores in Revenue in Q1; 80+ Units Sold

Belicia, a luxury residential project in Thane, has reported over INR 200 crores in revenue for Q1 FY 2024-25, following the sale of more than 80 units. The project, developed by Prescon Group and the House of Hiranandani, features a 48-storey tower and is expected to benefit from significant infrastructure improvements in the region.

Adani Realty Illuminates Projects for Ganesh Chaturthi Tribute in Mumbai

Adani Realty has unveiled an illuminated tribute to Lord Ganesha at its Views and Ten BKC projects in Mumbai for Ganesh Chaturthi. This initiative combines modern architecture with cultural significance, attracting attention from the local community and reinforcing the company’s commitment to community engagement.

Reliance Industries Among Key Clients as Interarch Building Products Secures Orders Worth INR 634 CR

Interarch Building Products Limited has secured new orders totaling INR 634 crore this financial year, with Reliance Industries among its key clients. The company’s total order book stands at INR 1,350 crore as of mid-September, reflecting strong performance across various sectors including automotive and renewables.