In July 2023, India witnessed a significant surge in bank credit outstanding to the real estate sector, reaching an all-time high of Rs 28 trillion, as per data released by the Reserve Bank of India (RBI). This impressive growth was driven by both housing and commercial real estate segments, with annual increases of approximately 37.4% and 38.1%, respectively. This surge indicates a robust revival in demand across the real estate sector, despite challenges such as rising interest rates and property prices. Let’s delve deeper into the details.
Nestled in the northernmost region of India, Jammu and Kashmir boast breathtaking landscapes, rich cultural…
The Indian Coast Guard (ICG) and Hindalco Industries, a leading industry group, have joined forces…
Steel and stainless steel are commonly used metals with widespread industrial and consumer applications. While…
Vice Admiral Sanjay Bhalla, AVSM, NM, a seasoned naval officer with over 35 years of…
The Defence Research and Development Organisation (DRDO) and the Indian Institute of Technology (IIT) Bhubaneswar…
Thomas Cook India has revolutionized international money transfers with the launch of TCPay, a user-friendly…