Andhra Pradesh has 70 road construction projects underway: Gadkari

Road Transport and Highways minister Nitin Gadkari while addressing Global Investment Summit 2023 of Andhra Pradesh informed over 70 projects are currently underway in Andhra Pradesh. These projects embrace over 2,014 kilometer, costing ₹33,540 Crore. At this event held in Visakhapatnam, Gadkari said works costing Rs 15,400 Crore have been awarded in Andhra Pradesh during…

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NAREDCO Mahi Convention Calls for Increased Participation of Women in Real Estate

Property consultants Jones Lang Lasalle (JLL) in association with the women’s wing of National Real Estate Development Council (NAREDCO), unveiled a joint report at the 2nd NAREDCO Mahi Convention held recently in New Delhi. As per estimates, there are 7 million women participants against their 50 million male counterparts. The report also highlights that in…

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“Residential segment enjoying high demand post the Pandemic,”: ANAROCK Research

Demand in the housing segment has soared and so the prices have also gone up post the pandemic in the years 2021 and 2022.  Another reason has been the branded developers have hiked their property prices due to high demand and the rising cost of construction. The average property price in Hyderabad has reached INR…

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Top 7 cities saw record completion of 4.02 Lakh Homes in 2022

The real estate sector witnessed record high housing sales last year across the top seven cities including Mumbai Metropolitan Region (MMR), NCR, Pune, Bengaluru, Kolkata, Hyderabad and Chennai. According to ANAROCK report over 4.02 lakh homes were completed in 2022 in all these cities. MMR saw the highest number of completed homes- approx. 1,26,720 units…

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ANAROCK-RAI Report highlights 25 million sq.ft of mall space to be added in top 7 cities in the next 4-5 years

The year 2022 has witnessed a rebound in Indian retail market which has further fuelled the growth in this segment all across the country, according to a report- ‘India Retail Real Estate: REvived, REshaped, & REinforced’- by ANAROCK and Retailers Association of India (RAI). Enthused by this scenario, the real estate developers are now planning…

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