The Reserve Bank of India (RBI) has decided to keep the repo rate at 4% for the eleventh time in a row, and the reverse repo rate at 3.35 percent, in order to continue its accommodating policy stance.… Read more
Mumbai, the pulsating heart of India’s economy, is on the brink of a monumental transformation. The city’s ambitious $17 billion Coastal Highway project is poised to redefine its urban and economic landscape, promising a future where efficiency, sustainability, and connectivity converge along the shores of the Arabian Sea.… Read more
The Maharashtra government, in a significant move to alleviate the financial burden on property owners, has extended the Stamp Duty Amnesty Scheme till June 30, 2024. Initially set to expire on March 31, 2023, this extension is a response to the state’s lower-than-expected revenue mobilization and a concerted effort to continue supporting the citizens during challenging economic times. This blog delves into the intricacies of the scheme, highlighting its procedure, benefits, and broader impact on the real estate sector.… Read more
Delhi Metro Rail Corporation (DMRC), a pioneer in urban transit solutions, is setting a new benchmark in sustainable development with its latest initiative to harness solar energy. The issuance of a tender for rooftop solar projects across its stations and depots marks a significant step towards achieving energy efficiency and reducing carbon emissions. This move not only underscores Delhi Metro’s environmental stewardship but also propels the city’s public transportation system into a greener future.… Read more
Bangalore, often dubbed the Silicon Valley of India, is on the cusp of a major transformation in its urban transit landscape with the advent of Metro Phase 3. This ambitious expansion, set to be completed by 2028, promises to revolutionize the way the city moves, offering a sustainable, efficient, and interconnected public transport system. Let’s delve into the details of this transformative project and explore its far-reaching implications for India’s dynamic tech city.… Read more
In a significant endorsement of India’s economic stability and potential, S&P Global Market Intelligence has revised India’s growth forecast upward for the fiscal year 2024-25. The adjustment to a promising 6.8%, up from an earlier prediction of 6.5%, underscores the country’s robust economic momentum and the brightening global economic outlook. This blog delves into the details of this revised forecast, exploring the underlying factors and implications for India’s economic landscape.… Read more
The Rajpura Master Plan 2031, a visionary project spearheaded by the Greater Mohali Area Development Authority (GMADA) and the Punjab Urban Planning and Development Authority (PUDA), is set to redefine the landscape of Rajpura. This comprehensive plan is not just a blueprint for infrastructural enhancement but a strategic roadmap aimed at fostering sustainable urban growth, improving living standards, and boosting economic development in the region.… Read more
In the dynamic world of interior design, platform beds have emerged as a standout trend, revolutionizing the way we think about bedroom furniture. Combining aesthetics with functionality, these beds offer a minimalist yet sophisticated approach to bedroom decor. Let’s delve into the world of platform beds, exploring their benefits, design possibilities, and how they can transform your sleeping space into a stylish and comfortable retreat.… Read more
Coral Realtors Pvt Ltd was hit with a heavy fine of Rs 50 lakh by the Haryana Real
Estate Regulatory Authority (RERA) in a recent show of regulatory power. The Real Estate (Regulation and Development) Act, 2016’s Section 3 was flagrantly violated
by the Gurugram-based developer when it advertised its Metro World Mall projectin Sector 5without first registering it with the RERA.… Read more
There is little doubt that for Gurugram and Faridabad to keep up with the high rate of urbanization, they need to make a bold upgrade to their transportation infrastructure. With 150 buses in Gurugram and 50 in Faridabad, the present fleet is insufficient to meet the growing demand. The size of the increase needed is shown by the estimated demand for 1025 buses by 2031—Faridabad alone will require 595 vehicles.… Read more
