Inflationary pressures are seen in crucial building materials and labour

The built environment has continued to remain burdened with price increases of the important building material over the past year. Steel, cement, and labour are all experiencing rising inflation, which can be related to increasing raw material shortages and international material costs, as well as logistical issues and rising fuel prices.

Industrial corridors will help tier-2 and tier-3 cities grow their commercial real estate.

Rajesh Prajapati is a real estate agent who works primarily in the Rajasthani towns of Khushkhera, Bhiwadi, and Neemarana. Prajapati has always found it difficult to attract investors and purchasers in these high-potential but unremarkable sites because he mostly specializes in residential and industrial real estate.

The Maharashtra government is investigating the distribution of designated lands to builders without their permission

Thane: The state now will investigate the municipal corporation’s allotment of reserved and facilities and amenities plots to private builders without seeking government permission, according to urban development minister Eknath Shinde, who was addressing to a query raised by MLA Pratap Sarnaik in the state Assembly recently.

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