Maharashtra Budget 2024: Real Estate Sector Welcomes Infrastructure and Housing Push

The Maharashtra Budget 2024 has been well received by real estate and infrastructure leaders, with major investments in urban development, housing, and industrial expansion. CREDAI-MCHI hails the budget as a catalyst for economic growth, strengthening the Mumbai Metropolitan Region’s position as a key economic hub.

Regency Ceramics Expands Production with Segno Ceramics Buyout

**Regency Ceramics Expands with Segno Ceramics Acquisition** Regency Ceramics has acquired Segno Ceramics in Bapatla, Andhra Pradesh, effective August 22, 2024. The all-cash deal gives Regency control over a 50-acre facility with a production capacity of 3.6 million square meters per year, enhancing its ability to produce Glazed and Polished Vitrified Tiles. This move aligns with Andhra Pradesh’s industrial growth goals and supports Regency’s revenue target of ₹100 crore in the coming year.