India’s 7 prime residential markets recorded sale of 149 million square foot (msf) of space in the third quarter of the current financial year (Q3 FY2023), says a report by rating agency ICRA. This … READ FULL STORY
Rating agency ICRA on January 3, 2023, revised its growth estimates for India’s road logistics sector to 11-13% for this fiscal (FY2023) against the previous estimate of 7-9%. The upwards revision in growth prospects … READ FULL STORY
India’s 7 prime residential markets recorded the highest sale numbers during the first half of the current financial year (H1FY23) when compared to the past 10 years, says a recent report by rating agency … READ FULL STORY
The reduction in Gross Non-Performing Assets (GNPAs) is forecasted to continue in FY2023 following the reduction of 6 bps in Q1 FY 2023. The GNPA assessment has been retained at 2.7-3.0% as of March … READ FULL STORY
According to a report by credit rating agency ICRA, cement volumes are likely to grow by 7-8% in FY 2023 to around 388 million MT, supported by demand from housing, both rural and urban, … READ FULL STORY
The construction industry in India is set to witness a healthy revenue growth in the medium term, says rating agency ICRA in a recent report. The construction GVA is expected to grow at 9-11% … READ FULL STORY
When you buy a property or book a property, it is necessary for you to have sufficient funds at your disposal. These liquid assets can be in the form of bank balance or investments … READ FULL STORY
Real Estate Investment Trusts (REITs) may be one of the most debated and expected developments in the Indian real estate sector but a majority of Indians remain unsure about how it will operate. An … READ FULL STORY
Toll exemption for small vehicles and state transport buses, offered by a few state governments, is emerging as one of the major risks for road developers, particularly working on the state-led build operate transfer … READ FULL STORY
Real estate companies sold 17.26 million sq ft during the nine months from April to December 2017, against 13.35 million sq ft in the year-ago period (a rise of 29.3 per cent), according to … READ FULL STORY
According to rating agency ICRA, Budget 2018 has reinforced the government’s intent to focus on the development of the affordable housing sector under the Pradhan Mantri Awas Yojana (PMAY). “A significant increase in the … READ FULL STORY
New issuances of Infrastructure Investment Trusts (InvITs) have dried down, after the public issues of two trusts – IRB InvIT and India Grid Trust – at the start of FY 2018. According to ICRA, … READ FULL STORY
Early signs of a revival of the infrastructure sector are evident, with the improvement in the financial profile of players, rating agency ICRA said, in a statement on November 13, 2017. ICRA noted that … READ FULL STORY
