Browsing Tag

infrastructure growth

6 posts
Mumbai

Mumbai Skyline Redefined: Maharashtra Considers Raising Building Height Cap to 180 Metres

The Maharashtra government has proposed raising Mumbai’s high-rise building height limit from 120m to 180m, allowing structures up to 60 floors. Real estate experts support the move, citing growth, sustainability, and improved urban planning.
Nirmala Sitharaman to present the union budget

Budget 2025: Tax Relief on Two Homes, ₹15,000 Cr SWAMIH Fund & Urban Growth Push Real Estate Forward

The Union Budget 2025-26 brings significant tax relief for homeowners, allowing tax exemptions on two self-occupied properties instead of one. This progressive move enhances homeownership benefits, reducing notional rental tax burdens and making real estate investments more attractive. Additionally, the budget introduces a ₹15,000 crore infusion into the SWAMIH Fund to accelerate stalled housing projects, boosting market confidence. With zero income tax up to ₹12 lakh, middle-class disposable income is set to rise, fueling housing demand. However, industry experts highlight the need for further reforms, including home loan interest deductions and streamlined approval processes, to maximize sectoral growth.

Panasonic Life Solutions India Acquires ₹160 Crore Land Parcel in Andheri East, Mumbai

Panasonic Life Solutions India Pvt. Ltd. has acquired a ₹160 crore land parcel in Andheri East, Mumbai. The deal, registered in January 2025, reflects the city’s booming commercial real estate market. This acquisition strengthens Panasonic’s presence in India’s electrical construction industry, while Mumbai’s ongoing infrastructure developments continue to attract major investments.
residential real estate

Residential Rentals Surge in Mumbai’s Western Suburbs Amid High Demand

rental market in Mumbai’s western suburbs is seeing a sharp increase in prices, fueled by high demand and a limited supply of quality homes. Localities like Andheri, Goregaon, Malad, and Borivali are at the forefront of this trend, attracting both locals and expatriates seeking modern living spaces. Experts predict this upward trend will continue as infrastructure development progresses, creating lucrative opportunities for investors.
Suraj Estate Developers acquires a vacant land parcel at Senapati Bapat Marg, Mahim West

CapitaLand Investment to More Than Double Investments in India by 2028

CapitaLand Investment Limited (CLI) has announced a major expansion plan to more than double its investments in India by 2028. The company aims to increase its funds under management in India from S$7.4 billion to over S$15 billion. CLI’s growth strategy includes expanding its business parks, logistics, data centers, and lodging portfolios, while also exploring new opportunities in renewable energy and real estate private credit. This move underscores India’s strategic importance and CLI’s commitment to enhancing its footprint in the country.