27.6 Lakh Homebuyers Still Await Possession of Delayed Projects, Report Says While India’s property market continues to grow, delayed housing projects remain a major concern for thousands of homebuyers. A recent report by the Forum For People’s Collective Efforts (FPCE) claims that approximately 27.6 lakh homebuyers are still waiting for possession of homes affected by…
Major infrastructure development planned in Visakhapatnam Visakhapatnam is set to receive a significant road infrastructure push, with the Greater Visakhapatnam Municipal Corporation receiving administrative approval for a ₹400 crore road development programme. The programme is expected to cover approximately 205 km of roads across the city. Roads in high- and medium-density areas will be upgraded,…
Visakhapatnam is set to receive a significant road infrastructure push, with the Greater Visakhapatnam Municipal Corporation receiving administrative approval for a ₹400 crore road development programme. The programme is expected to cover approximately 205 km of roads across the city. Roads in high- and medium-density areas will be upgraded, with works including conversion of existing…
India’s real estate sector enters another growth phase India’s residential real estate industry appears to be entering a new phase, with developers increasingly focusing on launching new projects rather than concentrating primarily on reducing debt. A recent Nuvama Research report indicates that developers are redirecting resources toward fresh project launches after a period in which…
India’s residential real estate market continues to show strong development activity, with large amounts of land being acquired for future housing projects. According to a recent report by Cushman & Wakefield, more than 7,700 acres of land were acquired for residential development across 33 Indian cities between January 2021 and March 2026. The scale of…
