The International Monetary Fund (IMF) has sharply scaled down India’s economic growth projection by 300 basis points to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April. IMF said the downward revision is owing to “lack of access to vaccines” and possibi... Read more...
The Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the current financial year to 10 percent on 20th July, from 11 percent projected earlier this year, mainly on account of the adverse impact of the coronavirus pandemic. India’s GDP growth recovered to 1.6 p... Read more...
The closure of Sweden's biggest cement factory on environmental grounds could cause up to 400,000 job losses and wipe out the country's GDP growth, according to an alliance of construction bodies. Cement plant license rejected on environmental grounds. Byggföretagen based its figures on an imp... Read more...
LeadSquared, a new-age real estate CRM Platform, announced its partnership with India’s foremost real estate business acceleration firm Xanadu Realty to stimulate the digitization of its operations. With this association, Xanadu Realty aims to grow its footprint in the market with technology as a ... Read more...
Ashish Saraff, CEO, Founder, Aretha Capital What is the real estate investment scenario in India? Real estate investments have historically been a preferred investment for centuries and became more popular in the 20th century with introduction of mortgage for retail buyers. Investors across ... Read more...
The Confederation of Real Estate Developers' Associations of India released findings of its first ever industry survey conducted across North, East, West and South zones between 24th May and 3rd June, 2021, to assess the impact of second wave of COVID-19 on real estate sector in India. Conducted wit... Read more...
The construction and financial, and real estate and professional services sectors have shown a negative growth of 8.6 percent and 1.5 percent respectively between April 2020 and March 2021 due the impact of COVID-19, official data released by the National Statistical Office (NSO) showed on May 31. ... Read more...
India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter of 2021, marking two quarters of consecutive growth after it exited a rare recession. The Q4FY21 GDP data released by the National Statistics Office (NSO) is in line with estimates released by multiple ratings agencies ea... Read more...
Investments in nature-based solutions must triple by 2030 and quadruple by 2050, a new report urges, warning of irreversible damage to economies, the planet and humanity if the status quo remains unchanged. The State of Finance for Nature Report warns that public and private investment must tri... Read more...
Lodha extends the Maharashtra Government’s initiative of stamp duty benefits of up to 2% (applicable as of 31st March, 2021) across developments till 31st July, 2021. Lodha will absorb the stamp duty cuts provided to customers. Homebuyers, who missed making their dream home come true, can now take... Read more...