Browsing Tag

infrastructure development

27 posts
Logistics

Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution

India’s warehousing sector is witnessing rapid growth, with Tier II-III cities contributing 100 million sq. ft. in 2024. This expansion, driven by e-commerce demand and infrastructure development, is reshaping India’s logistics landscape. Government initiatives and the hub-and-spoke model are enhancing last-mile delivery capabilities, creating new investment opportunities in the sector.

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.

Metro 2B DN Nagar to Mandale Project Sees ₹248 Crore Cost Escalation; Contractors Fined for Delays

The construction cost of Mumbai Metro 2B (DN Nagar to Mandale) has risen by ₹248 crore, reaching ₹3,304.83 crore. Delays in the project have led to penalties totaling ₹1.92 crore for contractors. RTI activist Anil Galgali highlighted concerns over cost overruns and project extensions, with completion now pushed to June 30, 2025.
Leasing

Net Absorption in Indian Office Markets to Surpass 60 msf in FY2026: ICRA

India’s top six office markets—Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR, and Pune—are projected to achieve a record-breaking net absorption of 60 msf by FY2026, according to ICRA. Vacancy levels are expected to hit decade-lows, while retail mall operators will witness steady rental income growth despite challenges from rising e-commerce competition.
Nagpur

Nagpur Tops List of Emerging Cities in India

Nagpur has emerged as the top-performing city among India’s 30 emerging cities, according to Colliers’ latest report. With expressway development acting as a key growth catalyst, Nagpur, Jaipur, and Lucknow are poised for significant real estate expansion.