RBI Holds Rates Steady as India's Property Market Bets on Data Centre Boom and Festive Season

Godrej Properties jumped 4% after its Q1 earnings call painted a rosy picture of India's residential real estate. The developer reported 10-25% higher absorption across key markets in H1, with business development hitting 48% of annual guidance in just the first quarter — largely thanks to a ₹7,000 crore Noida land option win. The company flagged a "structural shift" in the NRI market: buyers from the Middle East are now viewing India as a relocation destination,...