Private equity investment in real estate surges 15% to $3bn in H1 2024: Report

Private equity investment in real estate surges 15% to bn in H1 2024: Report

Real estate growth: Private equity (PE) investments of $3 billion was recorded in the first half of 2024, which is 15% increase YoY from $2.6 billion in H1 2023. Warehousing sector accounted for largest share of 52% of total PE investments in January – June 2024, followed by residential (29%) and office (20%). The real … Read more

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

Lauding India‘s structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters.“Analysts are correct in saying that 30% of the global GDP growth will come … Read more

Cleaning up: Technology can provide new lungs to Indian cities

Cleaning up: Technology can provide new lungs to Indian cities

This means that about 39% citizens will live in urban areas by 2036 vis-à-vis 31% in 2011. By Somnath Nandan About nine out of the world’s top 10 polluted cities are located in India and more than a million deaths nationwide each year are directly or indirectly related to pollution. In addition, those residents that … Read more

Kudos! IIIT Hyderabad researchers develop tool to count trees, generate density maps

Kudos! IIIT Hyderabad researchers develop tool to count trees, generate density maps

The team now hopes to employ the system in different cities to understand the model’s large-scale efficacy. (Picture courtesy: Indian Express) As cities and towns embark on a rapid development drive at the expense of their precious green cover, researchers from Hyderabad’s Indian Institute of Information Technology (IIIT) have developed a method that would enable … Read more