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.

MMRDA Approves Pod Taxi Project for Enhanced Connectivity in BKC

MMRDA has approved M/s. Sai Green Mobility for the Pod Taxi project in Bandra-Kurla Complex (BKC). This automated transit system will enhance last-mile connectivity and reduce congestion, offering a modern solution to the needs of daily commuters in one of Mumbai’s busiest areas.

Cement Industry Surge: IndiaMART’s Report Highlights Major Growth Trends and Future Projections

IndiaMART’s latest report, “Cementing Growth: An Indian Perspective on the Cement Industry,” highlights significant trends and future projections for the cement sector. Unveiled ahead of National Concrete Day, the report reveals the industry’s growth trajectory, its economic impact, and the rising demand driven by infrastructure and housing. With 15.5 million enquiries registered in the past five years, the report underscores the pivotal role of cement in India’s economic development.

Will These Three Major Redevelopment Projects Change Mumbai’s Fortune?

Mumbai is on the brink of a major transformation with ambitious redevelopment projects in Dharavi, Kamathipura, and BDD Chawl. These initiatives aim to modernize the city’s infrastructure, improve living conditions, and address historical and social challenges, promising to significantly alter Mumbai’s urban landscape and real estate dynamics.

Mumbai Unveils Its First Double-Decker Flyover Featuring an Integrated Metro Line

Mumbai has unveiled its first double-decker flyover, which integrates an elevated road with a metro line. Constructed by the Mumbai Metropolitan Region Development Authority (MMRDA), this innovative project aims to alleviate traffic congestion and improve public transportation efficiency. The flyover, expected to be fully operational by early 2025, promises to enhance connectivity and streamline urban mobility.