Guwahati’s Real Estate Sector Slips Into Recession as Unsold Flats, Rising Costs Mount

  Guwahati’s realty dream turns into a debt trap as unsold flats, rising costs push sector into recession Guwahati’s once-booming real estate industry is now staring at an uncomfortable reality: the city is building more homes than its economy can absorb. Across the rapidly expanding urban landscape, newly constructed apartment blocks stand with shuttered windows,…

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GMDA's Revenue-Linked Projects Struggle to Recover Construction Costs

  Projects worth crores in Guwahati raise questions over revenue, maintenance and cost recovery Guwahati’s urban infrastructure challenges have repeatedly raised questions over the performance of the Guwahati Metropolitan Development Authority (GMDA), particularly regarding projects designed to generate revenue through user charges. ALSO READ: Excessive Honking Continues Despite Traffic Rules in Guwahati While GMDA was established…

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