The EBITDA for FY24 reached Rs 1,362 crores, growing by 39 per cent over the previous fiscal year
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A key driver behind this growth is the increasing adoption of Artificial Intelligence (AI), which is expected to boost the demand for data centres in the country
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Bengaluru and Delhi NCR emerged as frontrunners with steep price movements, boasting growth rates of 19 per cent and 16 per cent year-on-year respectively
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Dearth of capital imposes certain limitations on real estate sector which troubles the developers and compels them to procure funds at high rates
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Niranjan Hiranandani, Chairman Naredco says, that in a developed country like the USA, the rental housing policy is so successful that 50 per cent of its populace prefers to live in such utilities
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The Minister of State for Housing and Urban Affairs, Kaushal Kishore share that builders tend to quote around 15 per cent less than the actual amount during the tender process
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