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India will need to build 100 mn homes this decade amid rising incomes

Business Standard LogoBusiness Standard3w ago

India will need to build 100 mn homes this decade amid rising incomes - Business Standard

Quick Summary:

We are only in year four and there is a long, long way ahead to go before India has real estate at its rightful share in its economic mix.

The momentum allowed Macrotech, which operates under the brand name Lodha, to report its highest ever quarterly sales in the three months ending March.

The South Asian nation’s property market has heated up since the pandemic, with 2023 being the best year for home sales in at least 15 years.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-13 @ 06:52:22 (3 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21241228

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 234 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "India will need to build 100 mn homes this decade amid rising incomes" has 413 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "India will need to build 100 mn homes this decade amid rising incomes" was covered 3 weeks ago by Business Standard, a news publisher based in India.

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Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 234 news stories per day.

It's most recent story was published 3 hours ago.

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  • URL: https://beamstart.com/news/india-will-need-to-build-17182424159704

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