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Real GDP or GDP at Constant Prices is estimated to attain a level of Rs 201.90 lakh crore in FY 2025-26, against the Provisional Estimates (PE) of GDP for the FY 2024-25 of Rs 187.97 lakh crore. New Delhi: The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday. According to the first advance estimates of national income released by the Ministry of Statistics & Programme Implementation (MoSPI), manufacturing…

Homebuyers are increasingly factoring in energy efficiency, air quality, and access to open green spaces while evaluating housing options, driven by health awareness and long-term cost considerations. New Delhi: After years of expansion driven by volume and velocity, the housing sector is steadily transitioning toward value-led growth, where quality, location, and long-term liveability are as important as price. This next phase is being shaped by the convergence of three defining forces—urbanisation, premiumization, and green living. Far from operating in silos, these trends are increasingly intertwined, collectively redefining how and where homes are planned, built, and bought in India’s evolving urban…

Previously, the first amendment rules provided some relief for those seeking to construct residential plots of 100 square meters and commercial plots of 30 square meters. Lucknow: The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has set a new development fee for various cities. The latest move will ensure that a uniform rate will apply to each city in the state. While in Ghaziabad, the development fee has been kept at Rs 4,170; the charge will be Rs 2,475 in Lucknow, Kanpur, and Agra. In this regard, the Department of Housing and Urban Planning has issued a notification…