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Indian home builders may need to construct up to 100 million new dwelling units in the next decade due to rising household incomes in the country. Around 70 million Indian households will become eligible for home ownership in the next 10 years, creating a demand for new houses. The real estate market in India has been thriving since the pandemic, with 2023 being the best year for home sales in 15 years. Macrotech Developers, one of the country's largest developers, reported its highest ever quarterly sales in the first quarter of this year. The demand for homes is expected to contribute $906 billion to India's economy over the next decade. [Extracted from the article]

The article profiles Rakesh Wadhawan and his son Sarang, Indian real estate developers. The two control Housing Development and Infrastructure, a residential and commercial real estate company based in Mumbai, India. The central focus of the article on the Wadhawan plan to provide 85,000 apartments free of charge to India's poor in return for 65 acres of land and permission to erect 75 million square feet of residential or commercial real estate on it. Among other issues the article examines the finances of the company.

India's small- and mid-sized stocks have performed well this year, and analysts are focusing on this sector while selecting potential winners for the Diwali festival. Property developers and companies in the cement, cables, and chemicals industries are among the top picks. Small- and mid-cap stocks have outperformed larger stocks due to the belief that domestic-facing companies will benefit more from India's fast-growing economy. Some of the analysts' top picks include Polycab India Ltd., Kolte-Patil Developers Ltd., Gujarat Alkalies and Chemicals Ltd., Kalpataru Projects International Ltd., Cipla Ltd., CCL Products India Ltd., Dalmia Bharat Ltd., and Canara Bank. [Extracted from the article]

Singapore may have managed to dodge a recession, but attention in the city state was more focused this week on a rare graft investigation involving a cabinet minister and one of the nation's leading property tycoons. The stampede back into stocks lifted even the most dubious investments, a court win for a token was celebrated across the cryptoverse, and even China's tech stocks had a good week. [Extracted from the article]

(Bloomberg) -- KKR & Co. counts South Korea and India among stable commercial realty markets as concerns over the health of the segment mount globally, according to a top executive at the firm. "Investors are more optimistic than ever in the last 15 years on the India story following a clutch of reforms and improving transparency", Bae said. [Extracted from the article]

The article focuses on the Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India and their benefits to all stakeholders. Topics include how REITs and InvITs can help developers and investors in monetizing their commercial assets and invest in real estate, respectively, the regulations provided by the Securities and Exchange Board of India (SEBI) to protect investors, and the key taxation challenges facing REITs and InvITs and how they can be addressed.

Agarwal, who has been in charge of CDPQ's infrastructure activities in South Asia since 2017, replaces Anita M. George, who was executive vice president and deputy head of CDPQ Global. (Bloomberg) -- Caisse de depot et placement du Quebec has appointed Saurabh Agarwal managing director for India, as the Canadian pension manager looks to invest more in Asia's third largest economy. [Extracted from the article]

The article discusses the increasing focus on improving operational efficiency with growth being the single point agenda for fashion and retail businesses in India in 2013. Topics covered include the flexibility of developers countrywide in terms of mall rentals, the expected tightening of the retail space from 2015, and the government's effort to open up the retail sector to foreign competitors.

The article focuses on the countries that emerged to have seen an exponential growth by the U.S. real estate developers including Brazil, India, and China. It says that one of most expensive international markets is India, wherein U.S. real estate players invest in the country due to its growing middle class and urbanization. It says that the real estate companies are attracted to China due to its fast-growing economy that would result to a solid return in their investment

The article presents an interview with Jitu Virwani, chairman and managing director of the real estate developer Embassy Group. When asked about group's future projects, he discusses the group's involvement in the development of business parks, hotels and integrated townships projects. Topics include the organizations expansion plans in other segments of real estate development; the challenge for developers in marketing of its projects and the future outlook for the real estate sector in India.

The article focuses on equity and debt deals in several companies worldwide. It informs that China-based Evergrande Real Estate Group Ltd. has announced offering of 1.61 billion shares, of which one billion were primary and 610 million secondary. Trinity Ltd., another China-based company, has offered a welcome alternative to the deluge of Chinese property developers. Mining company Sterlite Industries (India) Ltd. has offered the conversion premium in a range between 30-40 per cent.

Describes the evolution of the vernacular hotel design in India. Revelation of a design trend independent from the types used by international chains; Offer of a view of the contemporary side of India; Focus on the Park Chennai, Hotel De L'Orient and the Davi Garh; Type of architecture; Interior decoration; Colors; Furnishings; Lighting; Art works; Overview of the surrounding environments; Comments from the hotel's developers.

The article discusses how residential realty market will behave post- Real Estate (Regulation and Development) Act or RERA and other consumer-friendly provisions. Developers are under obligation for timely development, enhanced disclosure norms, and good corporate governance under RERA. Promoters were reportedly allowed three months to register their under-construction projects after which only RERA-compliant projects could continue carrying out their construction work.

The peso sank to its lowest since May 2020 as traders punished the currency ahead of the nation's hotly contested election on Sunday. The MSCI EM equity benchmark has dropped 1.3% in 2021, after erasing year-to-date advances multiple times. [Extracted from the article]

The article reports on the impact of the decision of the National Green Tribunal (NGT), the special committee created by the government to handle the speedy disposal of environmental cases, to declare the 10 kilometer radius around the Okhla Bird Sanctuary as ecological sensitive areas on the real estate buyers in India. The NGT's decision put the future of home buyers at stake because real estate builders are mandated to clear their properties. Moreover, details of the issue are stated.

(Bloomberg) -- This was probably the toughest budget yet for Prime Minister Narendra Modi, as his government navigates the twin challenges of steering the $2.7-trillion Indian economy out of an unprecedented recession while ensuring more resources to fight the century's worst pandemic. WINNERS Hospitals The Covid-19 pandemic prompted Sitharaman to boost healthcare spending by 137% this year, an improvement over the less than 2% of gross domestic product that India has traditionally spent on health annually. [Extracted from the article]

(Bloomberg) -- India's capital markets regulator has opposed a petition to freeze debt repayments, including those on bond borrowings, according to people with knowledge of the matter. Sebi, which regulates some financial instruments such as listed non-convertible debentures, said any such freeze may push mutual funds -- which hold $128 billion of the securities -- to dishonor redemption requests from their investors. [Extracted from the article]

India spelled out the details of its massive rescue package that will initially help small businesses and utility companies as Prime Minister Narendra Modi gears to restart the economy cratered by the coronavirus pandemic. Finance Minister Nirmala Sitharaman offered $62 billion in credit lines to small firms and the shadow banks that fund them, and another $10 billion to the electricity distributors. [Extracted from the article]

(Bloomberg) -- India's construction sector, the country's biggest job creator, is facing a shortage of workers amid a record increase in national unemployment. "While utmost effort is being made to keep the workers in safe and hygienic conditions, along with food provision and masks allocation, the workers are not ready to return to the sites and have been longing to go back to their native places", said Sandeep Runwal, managing director at Mumbai-based Runwal Group. India's construction sector has been under pressure since late 2016, when Modi invalidated currency notes, followed by the botched roll out of a nationwide sales tax and a crisis in the shadow bank sector that funds developers. [Extracted from the article]

(Bloomberg) -- India's top builder is marketing a complex debt offering that it needs to complete successfully to avoid a default. It cited the market risk, and uncertainty about Macrotech's refinancing plans over the next 12 months in the face of about $1 billion in debt maturing through March 2021. [Extracted from the article]

This article presents information on the market for foreign investments in the real estate sector in India. Previously, the real estate sector in India was closely regulated. The southeast Asian crisis continued to shawdow the Indian policy-makers. After intense pressure from the real estate sector, Foreign Direct Investment was allowed for development of integrated townships, subject to stringent threshold requirements. These measures started the liberalization policy in real estate.

(Bloomberg) -- India's top builder is clamoring for unconventional policy measures to get the nation out of the worst economic slump in more than six years. "We have a lot of liquidity, but it's trapped liquidity in the banking system", Lodha said. [Extracted from the article]