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Germany: Vonovia CEO Predicts Rise in Real Estate Bankruptcies
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Critical aspects of roads & highways development, railway modernisation and infrastructure financing were discussed at the summit.Viksit Bharat @2047 represents the government of India’s ambitious roadmap to transform India into a developed nation by the centenary of its independence from colonial rule in 2047. The vision encompasses diverse facets of development such as economic prosperity, social advancement, environmental sustainability, and effective governance. INFRASTRUCTURE TODAY organised the conclave, ‘Towards a Viksit Bharat @ 2047’ to determine the best pathways to follow by t..
Construction entities will maintain healthy revenue growth: ICRA
ICRA expects the Indian construction entities to maintain healthy revenue growth in FY2025e with a projected YoY growth of 12-15 percent in this fiscal, aided by an adequate order book position and the Government’s thrust on infrastructure activity. This is reflected in the increase in the Government of India’s (GoI’s) total capital expenditure to Rs 11.1 trillion in the FY2025 revised budget estimates (RBE), which augurs well. ICRA maintains a stable outlook for the sector with steady growth in operating income, moderate leverage, and comfortable coverage metrics.Giving more insights on..
Top 10 listed real estate players reported exceptional growth
Top-listed real estate players in India are experiencing exceptional business growth, driven by strong consumer demand and increased sales. Many developers have reported record-breaking pre-sales in the 2023-24 fiscal year, highlighting their robust market performance. Significant increases in market capitalization and sales bookings reflect the industry's positive trajectory. According to Screener, a stock analysis tool, ten prominent listed real estate companies?including DLF, Godrej Properties, Prestige Estates, Signature Global and others?achieved property sales worth an astounding Rs 12,..
