Real Estate
Recent Highlights
All Stories for Real Estate

How spray plaster is paving the way for sustainable, durable and eco-friendly structures
Kaushal Mehta •In 2022, the building material industry achieved a significant milestone by reducing water consumption by 25 per cent.

US banks sink on concerns about office real estate loans
•Shares of large and mid-sized US banks sharply underperformed the broader market on Wednesday with the S&P 500 Banks Index closing down 2.0% while the benchmark S&P 500 Index fell 0.6% with worries about commercial real estate loans in focus among bank investors

Green development to spearhead real estate in India
Boman Irani •The vision is to make it possible for people to live in sustainable and environmentally friendly surrounding, and to help India become one of the world leaders in this field by 2030

$34 million for ‘sand’: Dubai’s most expensive land plot sale, explained
Fp Explainers •A sand plot on Dubai’s artificial island of Jumeirah Bay has been sold for a whopping 125 million dirhams or US$34 million. The 24,500 square feet land has been purchased by an undisclosed international buyer from British fashion entrepreneur Umar Kamani

Lithuania bans Russians from purchasing real estate citing risks to national security
Fp Staff •The ban, which will be in place until 2024, would not apply to Russians who are granted residency in the country.

Heated pool, spas, and nannies on call: How India is experiencing a ‘mad rush’ for luxury housing
•According to industry executives, many Indians want to upgrade their homes after the COVID-19 pandemic confined them indoors. Working from home has also increased demand for larger apartments, which has been fuelled by rising incomes and India's growing population of nouveau riche

Budget 2023: Proposals deliver well-aimed strategy expected to boost cross-sectoral growth
Neeraj Bansal •The promotion of tourism is expected to spur growth in hospitality sector of real estate

Budget 2023-24: Encouraging reforms in urban planning will further boost India’s already thriving real estate sector
Rishabh Siroya •The Budget proposals enable domestic consumption growth while boosting business and investment sentiment for corporates

Budget 2023: Proposals offer a compassionate note for middle class
Ram Yadav •By investing in infrastructure, which lays the foundation for manufacturing, government has employed a long-term strategy

Budget 2023-24 Expectation: Simulate sustained consumer spending and positive value creation to spur real estate
Ajay Sharma •Government must accord industry status to realty to enable it to access low-cost credit to build affordable homes


