UP RERA urges homebuyers to buy flats based on carpet area
The Uttar Pradesh real estate Regulatory Authority (UP RERA) has suggested homebuyers to purchase residential...
The Uttar Pradesh real estate Regulatory Authority (UP RERA) has suggested homebuyers to purchase residential...
India is expected to contribute 14.1% of global construction growth between 2020 and 2030, driven by infrastructure expansion, urbanisation, manufacturing growth, data centres and energy investments.
Government-led capex, lower interest rates and resilient domestic demand drive fresh investments in infrastructure, capital goods, retail and select manufacturing sectors despite global trade uncertainties.
India’s decline in global market-cap rankings reflects AI-driven capital concentration in Taiwan and South Korea rather than any weakening of domestic fundamentals.
The ordinance exempts foreign portfolio investors from capital gains tax and withholding tax on interest income from government securities, a move aimed at boosting overseas participation, improving market liquidity and lowering sovereign borrowing costs.
Robust growth in manufacturing, services, investment and private consumption helped India’s economy expand 7.7% in FY26, while economists expect growth to moderate to 6.4%-6.6% in FY27 amid global uncertainties, inflation concerns and monsoon-related risks.
The RBI retained the policy rate and neutral stance in its June MPC meeting, while lowering FY27 GDP growth projections to 6.6% and raising inflation forecasts to 5.1% amid geopolitical tensions, elevated energy prices and monsoon-related risks.
UP RERA says over 1.15 lakh residential and commercial units are available across Uttar Pradesh, urging buyers to rely on verified data and avoid making investment decisions based on rumours of inventory shortages or imminent price hikes.
Cost efficiencies of domestic producers will be underpinned by highly integrated operations, including captive power, alumina refinery, and bauxite linkages.
Total pre-sales revenue of the top 11 listed real estate developers rose by 18% annually to over INR 1.48 lakh crore in FY26 from nearly INR 1.26 lakh crore in FY25.