Latest news with #INR80
Economic Times
13-05-2025
- Business
- Economic Times
As dream homes turn into debt traps, SC steps in to nix builder-bank nexus
Sachin Chauhan was 30 when he booked his dream home in Supertech's Azalia project located in Sector 68, Gurugram in November 2015. Priced at INR80 lakh, the flat came with an irresistible offer — no EMIs until possession — thanks to the subvention scheme where the builder promised to pay the EMIs until the flat was handed over in December 2019. For the first two years, things looked promising. The builder paid EMIs on time, and progress at the
Time of India
13-05-2025
- Business
- Time of India
As dream homes turn into debt traps, SC steps in to nix builder-bank nexus
Sachin Chauhan was 30 when he booked his dream home in Supertech's Azalia project located in Sector 68, Gurugram in November 2015. Priced at INR80 lakh, the flat came with an irresistible offer — no EMIs until possession — thanks to the subvention scheme where the builder promised to pay the EMIs until the flat was handed over in December 2019. For the first two years, things looked promising. The builder paid EMIs on time, and progress at the
Express Tribune
14-03-2025
- Entertainment
- Express Tribune
Sanam Teri Kasam' in UK cinemas again
As per reports by Zee News, in a groundbreaking move for Indian cinema, the 2016 romantic drama Sanam Teri Kasam has been re-released across numerous cinemas in the United Kingdom. Starring Mawra Hocane and Harshvardhan Rane, the film's re-release marks the first time an Indian film has achieved such a feat. Directed by the duo Radhika Rao and Vinay Sapru, Sanam Teri Kasam initially premiered in 2016 but did not fare well at the box office, earning only INR80 million during its original run. However, the film has experienced a remarkable resurgence. Its re-release in India earlier this year defied expectations, with the film collecting over INR450 million, surpassing previous re-release records held by films like Tumbbad, which garnered INR320 million. The film's success story has now extended to the UK, where theatres have reported packed screenings. Early figures suggest that Sanam Teri Kasam is performing exceptionally well, indicating a strong overseas market for the film. Hocane, who made her Bollywood debut with this film, expressed her delight over its renewed success. For the star, the re-release came with her real-life wedding with actor Ameer Gilani. In an interview with Faridoon Shahryar earlier this year, she remarked, "To be honest, if the film has waited nine years to achieve these numbers, I think it's my husband bringing in the luck for sure." The film's directors, Rao and Sapru, also shared their excitement about the re-release's success. They noted that the film's timeless love story and soulful music have contributed to its enduring appeal. The soundtrack, composed by Himesh Reshammiya, features tracks like Tera Chehra and Bewajah, which have once again climbed music charts and are trending across streaming platforms. Fans have been vocal about their support for the re-release. Social media platforms are abuzz with discussions, reviews, and fan-made content celebrating the film's return to theatres. A video capturing audience members emotionally reacting to the film's title track during a post-credit scene in a theater in Uttar Pradesh recently went viral, highlighting the deep connection viewers have with the film. Sanam Teri Kasam is a tragic love story that follows Saraswati (Hocane), a traditional librarian disowned by her family after a misunderstanding, and Inder (Rane), a brooding ex-convict who becomes her protector. As they navigate heartbreak, family conflicts, and personal sacrifices, their deepening bond transforms into an intense romance. The film gained popularity for its emotional depth, visually rich storytelling, and a hauntingly beautiful soundtrack that elevates its melancholic narrative.
Associated Press
10-02-2025
- Business
- Associated Press
India Construction Industry Report 2024: Output Grew by 7.8% in Real Terms Supported by Public and Private Sector Investments in Industrial and Energy Projects, & Government's Investments in Transport
The 'India Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)' report has been added to offering. The construction industry in India expanded by 7.8% in real terms in 2024, supported by public and private sector investments in industrial and energy projects, coupled with the government's investments to improve and expand transport infrastructure. In November 2024, the government approved 50 solar park projects with a combined capacity of 37.5GW across the country. Furthermore, in October 2024, the government reported that the country will attract INR7.2 trillion ($87 billion) in investment in the petrochemical sector by 2030. Previously, in September 2024, the Prime Minister of India commenced the construction work on various projects including railways, road, power, and housing projects, with a combined value of INR80 billion ($962.5 million) in Gujarat. In July 2024, the government approved the Financial Year (FY) 2024-25 (April 1st, 2024-March 31st, 2025) Budget. The major focus includes the development of the infrastructure sector with a provision of over INR1.1 trillion ($13.2 billion) for FY2024-25. Furthermore, in the FY2024-25 budget, the government allocated INR11.1 trillion ($133.7 billion) towards capital expenditure, an increase of 11.1% compared with the FY2023-24 Budget expenditure. The Indian construction industry is expected to register an average annual growth rate of 5.8% between 2025 and 2028, supported by investments in green energy projects, road, rail, and housing projects, coupled with the government's aim to achieve 500GW of installed green energy capacity by 2030, up from 197.2GW as of July 2024. In line with this, in September 2024, the Maharashtra government signed a Memorandum of Understandings (MoUs) with various companies with a combined value of INR475 billion ($5.7 billion) to develop multiple energy projects in the state by 2030 Scope Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in India, featuring details of key growth drivers. Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. Listings of major projects, in addition to details of leading contractors and consultants Reasons to Buy Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies Assess market growth potential at a micro-level with over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using the analyst's critical and actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors Key Topics Covered: 1 Executive Summary 2 Construction Industry: At-a-Glance 3 Context 3.1 Economic Performance 3.2 Political Environment and Policy 3.3 Demographics 3.4 Risk Profile 4 Construction Outlook 4.1 All Construction Outlook Latest news and developments Construction Projects Momentum Index 4.2 Commercial Construction Outlook Project analytics Latest news and developments 4.3 Industrial Construction Outlook Project analytics Latest news and developments 4.4 Infrastructure Construction Outlook Project analytics Latest news and developments 4.5 Energy and Utilities Construction Outlook Project analytics Latest news and developments 4.6 Institutional Construction Outlook Project analytics Latest news and developments 4.7 Residential Construction Outlook Project analytics Latest news and developments 5 Key Industry Participants 5.1 Contractors 5.2 Consultants 6 Construction Market Data 7 Appendix For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDIA ASIA PACIFIC INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 02/10/2025 06:14 AM/DISC: 02/10/2025 06:14 AM
