January 2025 – Services For NRI

Month: January 2025

Mumbai Airport’s T1 To Shut For Redevelopment: 10 Million Flyers To Shift To NMIA

Mumbai International Airport Limited (MIAL) has announced a major redevelopment of Terminal 1 (T1) at Chhatrapati Shivaji Maharaj International Airport (CSMIA). The project, set to begin in November 2025, will enhance passenger capacity by 42 per cent, allowing the terminal to handle 20 million passengers per annum (MPPA) once completed by 2028-29. https://timesproperty.com/news/post/your-commute-time-to-office-just-got-shorter-blid7486?offset=1

RBI takes steps to boost rupee in global trade, allows banks to open INR A/Cs overseas for NRIs

The RBI has liberalised FEMA regulations to boost the Indian Rupee (INR) for cross-border transactions, facilitating INR accounts for non-residents, enabling INR transactions between non-residents, supporting foreign investment, and offering flexibility for exporters. https://www.cnbctv18.com/economy/rbi-steps-to-boost-rupee-in-global-trade-allows-banks-to-open-inr-acs-overseas-for-nris-19541764.htm

Coldplay Concert 2025: 5 things you should know about Ahmedabad’s real estate market and infrastructure projects

Coldplay fans from across the country descended upon Ahmedabad over the weekend to attend the concert and many were surprised by the city’s infrastructure https://www.hindustantimes.com/real-estate/coldplay-concert-2025-5-things-you-should-know-about-ahmedabad-s-real-estate-market-and-infrastructure-projects-101737976115601.html

Here’s why south Indian cities such as Bengaluru, Chennai and Hyderabad dominate demand for senior living housing

South Indian cities attract homebuyers from all parts of the country for affordable senior living housing options priced between ₹60 lakh to ₹1 crore https://www.hindustantimes.com/real-estate/heres-why-south-indian-cities-such-as-bengaluru-chennai-and-hyderabad-dominate-demand-for-senior-living-housing-101737623248383.html

Delhi-NCR Leads In Property Price Surge, Housing Prices Rise By 30% In 2024

The housing market in Delhi-NCR has witnessed an extraordinary rise in property prices, with the region recording a 30 per cent increase in residential prices during 2024. According to a report by real estate consultant Anarock, this surge has made Delhi-NCR the highest performer among the top seven major cities in India, including Mumbai, Bengaluru, Pune, Chennai, Kolkata, …

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Luxury Housing In India Sees 53% Growth In 2024

Driven by shifting buyer preferences and increased interest from NRIs, India’s luxury housing market (homes priced at Rs four crore and above) experienced remarkable growth in 2024. According to CBRE South Asia Pvt Ltd’s report, India Market Monitor Q4 2024 – Residential, luxury housing sales soared to 19,700 units across the top seven cities, marking a 53 per cent year-on-year …

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Will Union Budget 2025 revive India’s affordable housing segment?

According to ANAROCK data, the sales share of affordable housing fell to a mere 18 percent in 2024 from over 38 percent in 2019. Similarly, its share of total housing supply in the top seven cities dropped to 16 percent in 2024 from nearly 40 percent in 2019. https://www.moneycontrol.com/budget/will-union-budget-2025-revive-india-s-affordable-housing-segment-article-12911225.html