The Supreme Court will hear the Unitech case tomorrow. The Supreme Court has also sought the government views on how to protect Unitech homebuyers interest.
Unitech shares continued their rally today, shares rise by 1.18% after Supreme Court decision.
As urbanization in India picks up pace, the traditionally preferred property investment locations in main cities are getting highly populated and very expensive. Due to this, there is a huge impact on the residential sub markets across leading Indian cities. With more and more property locations going out of reach for certain cross segment of buyers, other emerging areas are coming to the rescu... Read Full Article
The share of real estate sector in the country’s GDP is expected to double by 2025 with jobs likely to increase by more than 80% by 2025
With increasing urbanization and the transformation of real estate sector from a largely fragmented one to an organized one, with a significant impact of reforms such as RERA and GST, it is expected to increase the annual real estate supply in ... Read Full Article