Larsen & Toubro to consolidate real estate business
L&T transfers realty biz to L&T Realty

Y2B Launches women-led growth initiatives to strengthen India’s real estate ecosystem
Source Credit: PTI, The Tribune

Realty faces execution pressure as developers expand launch pipelines
 

Rising NRI real estate investments push demand to fast-growing Tier-2 cities
As NRI real-estate investment has grown to $80 billion since 2010, as per Credai- Colliers, and the demand pattern is shifting beyond metros to tier-2, and emerging cities. “While the bulk of NRI investments in India remains in established metro corridors such as MMR, Bengaluru, Hyderabad, and Pune, along with states with traditionally high remittance inflows like, Kerala, Gujarat, and parts of Andhra Pradesh and Telangana, also continue to be strong NRI destinations, driven by family linkages and long-term return plans”, said Anupam Rastogi, Co-Founder & CBO – NRI Real Estate, Square Yards.

Why cement stocks are falling despite the GST cut to 18%
It’s an irony that just can’t be ignored – construction activity in most parts (barring the south which has winter rains) of the country has resumed and will gradually reach peak levels, following the end of the monsoon season. However, cement stocks on Dalal Street have shown a distinct weak trend since hitting a 52-week high in September, given the announcement of GST cuts on cement.

Kaushalya Logistics expands partnership with Shree Cement, opens 17th new depot in Haryana
 

Maharashtra cabinet nod for statewide farm-to-field road connectivity scheme
The Maharashtra cabinet has approved a scheme to construct all-weather motorable approach roads connecting agricultural fields across rural parts of the state.

JSW Infrastructure to acquire 3 rail logistics arms for Rs 1,212 crore
JSW Infrastructure has announced a major expansion into the railway rake business by buying three JSW-owned rake companies for Rs 1,212 crore. The company in its BSE filing said that JSW Port Logistics, it’s wholly owned subsidiary, has signed a Share Purchase Agreement (SPA) to buy 100% stake in JSW Rail Infra Logistics, JSW Minerals Rail Logistics and JSW (South) Rail Logistics.

Tamil Nadu govt set to buy out Indian Railways' stake in Chennai MRTS