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Slumdogs no more: Can tycoons take the Mumbai Model to other cities?
India's top business tycoons like Adani and Ambani are shifting focus from city outskirts to redeveloping Mumbai's older housing and slum areas. This strategic move, driven by scarce and expensive greenfield land, aims to transform decaying urban pockets. Major projects are underway, signaling a new era of large-scale urban regeneration that could serve as a model for cities nationwide.
Corporate giants turn to urban regeneration as redevelopment race intensifies
India's largest corporate houses are increasingly focusing on urban regeneration, shifting real estate focus from land acquisition to redevelopment. Giants like Reliance, Adani and JSW are aggressively bidding for projects involving old housing colonies and slum rehabilitation in Mumbai.
A Rs 20 lakh crore plan could shake up the Delhi-NCR property market
Delhi-NCR's property market faces affordability challenges, prompting the ambitious NCR Regional Plan 2041. This plan aims to reshape the region by investing over Rs 20 lakh crore, creating new cities, and formalizing land. It envisions a multi-nodal urban model, moving away from Delhi-centric growth, and aims to connect major cities within 30 minutes via high-speed transit.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
How a luxury carmaker comes to the rescue of Tata’s tech arms amid a broader sectoral slowdown
Jaguar Land Rover (JLR) remains crucial for Tata Group's tech firms amid IT sector challenges. Tata Technologies seeks approval for ₹1,750 crore business from JLR, contributing significantly to its revenue despite recent cyberattacks that impacted the carmaker's operations and revenue.
Enviro Infra arm bags Rs 207-cr hybrid renewable EPC contract
Enviro Infra Engineers announced that its step-down subsidiary Suyog Urja (SUL) has secured a Rs 207.47 crore contract for land aggregation and balance of plant (BoP) works for a hybrid renewable energy project.
50-Year-Old Urban Land Law May Finally Be Scrapped: BJP's Move To Trigger Big Leap For Bengal
Howrah Bridge
Managers, get your hands dirty or get fired: Lessons from AI-powered tech layoffs at Coinbase, Block, Snap
As layoffs become the law of the land, and artificial intelligence (AI) drives productivity, it is managers that are becoming redundant.
TCS picks up 20-acre land in Kolkata’s New Town through 99-year lease
The West Bengal Housing Infrastructure Development Corporation (WBHIDCO), the state-run nodal agency responsible for developing New Town as a planned urban and technology hub, has allotted the land to the information technology services company.
Explained: How Dixon, Kaynes Tech, others may benefit from latest FDI policy changes
India has eased investment rules for countries sharing a land border, allowing up to 10% foreign ownership in firms via the automatic route. Approvals for specific sectors like electronics components will now be fast-tracked to 60 days, aiming to boost domestic manufacturing and attract capital.
Mega Mumbai homes: Raymond Realty signs Rs 3,000 cr joint venture
In an exciting new chapter for urban development, Raymond Realty has teamed up to launch a promising housing project in Kandivali, Mumbai, with anticipated revenues soaring to Rs 3,000 crore. This collaboration marks the seventh joint development for the company, which has strategically acquired 100 acres of prime land along with seven Joint Development Agreements (JDAs).