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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.

Embassy Enters Mumbai Housing Market with Luxury Projects in Worli, Juhu and Alibaug

Embassy Developments has announced its entry into Mumbai’s housing market with three premium residential projects planned in Worli, Juhu and Alibaug, together valued at over ₹12,000 crore.

Maharashtra Government Sets 9% Annual Lease Rate for Government Lands in 2025, Based on SBI’s MCLR

The Maharashtra government has updated lease rents and interest on government lands to 9% based on SBI’s one-year MCLR for 2025, potentially raising costs for thousands of leased properties and housing societies in Mumbai and across the state. This could mean higher annual payments for common residents on such lands.