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Digital Real Estate

Smart Cities: The Next Digital Frontier for India – RealtyMyths

by Akhilesh K Prasad The government of India launched its Smart Cities Mission (SCM) in June 2015 amidst much fanfare. The objective of the project was to promote sustainable and inclusive cities that provide core infrastructure, give a decent quality of life to its citizens, and a clean and sustainable environment with the application of ‘Smart Solutions’ for convenience. Thus the thrust is on making the country digitally empowered by improving infrastructure for the delivery of services online.  Digitization goes beyond simple automation and modernization. It refers to the development, operation and maintenance of background technological environment including the infrastructure within government organizations. With the adoption of smart technologies, Smart Cities are said to be the digi...

ANAROCK Report: Multi-modal Infrastructure Steers India’s Real Estate Growth – RealtyMyths

Infrastructure & real estate together contribute 29.5% to India’s GDP – higher than US (22.6%) and China (17.6%) Budget allocations in infra see massive jump – from USD 791 bn in 2014-15 to USD 2,042 bn in 2019-20  Sector attracted massive FDI worth INR 207 bn in last 5 years backed by growing economy & strong fundamentals In line with its aim to enter the USD 5 trillion club economy by 2025 – which is highly dependent on real estate and infrastructure – the Government has taken a multi-modal approach towards infrastructure development in the country over the last five years. Besides boosting the overall economy, this ‘infrastructure first’ approach is also steering real estate growth across India, finds the report ‘Infrastructure and Real Estate – A F...

Shriram Properties Partners with a Kotak Fund for its Affordable Housing Project in Kolkata – RealtyMyths

Kotak India Affordable Fund investing up to Rs.400 million in “Shriram Grand 2” Shriram Grand 2 is a 2-million sq.ft. affordable housing project in Kolkata Maiden investment by the Fund that has CDC Group plc as an anchor investor Shriram Properties Limited (“SPL”), one of the leading residential real estate development companies in South India, has entered into partnership with Kotak India Affordable Housing Fund-I (“KIAHF”) for development of its next phase of affordable housing project (named “Shriram Grand 2”), coming up as part of “Shriram Grand City” at Uttarpara in Kolkata. Under the partnership that was consummated today, KIAHF will invest up to Rs.400 million towards 50% economic interest in the proposed development of Shriram Grand 2. KIAHF is an affordable housing fund that is m...

SEMrush and Colliers International unveils Indian Real Estate Market Trends for 2019 – RealtyMyths

The joint report – ‘Digital Real Estate – Winning the Indian Market with Data’ highlighted the role of technology in the Indian real estate market and forecasted future trends SEMrush, the online visibility management and content marketing SaaS platform and Colliers International unveiled the exclusive joint study ‘Digital Real Estate – Winning the Indian Market with Data’ in an event held at Hotel Le Meridien, New Delhi on 26th February 2019. The mega event organized by SEMrush also marked announcement of the top 20 most searched Real Estate players of India and top 10 most searched cities for Real Estate properties in India. The joint report by SEMrush and Colliers International revealed the first ever ‘Digital Real Estate Insights’ with data collected for demographics,...

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