India's luxury real estate market is booming, driven by rising affluent buyers, NRI investments, and demand for large homes, especially in cities like Mumbai and Goa.
The Indian real estate market is poised for a major transformation. Economic shifts, government policies, and tech innovation will drive growth and change in 2024.
The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.
Green construction is gaining traction in Indian real estate, driven by demand, regulations, and consumer awareness. Economic and environmental benefits make it appealing.
The Delhi NCR housing market has seen a 57% drop in unsold homes over five years, marking significant growth and stability, driven by infrastructure, demand, and regulatory reforms.
India's real estate market soared in 2023, exceeding expectations. Homeownership is favored over renting. Experts predict promising 2024 due to resilience and affordability.
Goa's real estate market is transforming into a luxury investment haven, driven by capital appreciation and infrastructure development. High-net-worth individuals are investing in opulent villas and high-end apartments, boosting the luxury segment.
Karan Bhagat buys two sea-view units in Oberoi Realty’s Three Sixty West for over Rs 170 crore, among other high-end transactions in Mumbai’s luxury market.
Foreign investments in Indian real estate surged 20% to $3.6 billion in 2023, driven by strong economic growth and rapid urbanization. APAC countries, including Singapore and South Korea, significantly increased their investments, showing confidence in India's diverse real estate opportunities.
Delhi's skyline transformation is fueled by luxury high-rise apartments, driven by renowned developers responding to rising demand for modern amenities and increasing population density.
A survey reveals that the Indian real estate sector is recovering post-COVID-19, indicating strong consumer sentiment and changing preferences in property investment.
Noida Authority directs real estate developers to pay debts and get permission to register apartments for homebuyers.
The return-to-work trend has fueled rental demand in Bengaluru, prompting the introduction of a zero-deposit rental scheme to ease tenant burden amid soaring rents.
Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.
Kashmir's real estate sector faces turmoil with declining demand, increasing sellers, and falling property prices due to economic uncertainties.
Offbeat real estate destinations like Sonipat, Bhiwadi, and Panchkula are gaining traction due to their blend of affordability, lifestyle amenities, and infrastructure developments.
Duplex and triplex homes are the new trend in Mumbai, particularly among luxury homebuyers seeking larger properties. Vertical living is gaining popularity over horizontal spreads.
Luxury residences in Gurgaon's DLF Golf Links and DLF 5, such as The Camellias, The Magnolia, and The Aralias, have seen a significant price increase of 125 percent between 2021 and 2024, driven by rising demand for luxury living and investment opportunities.
India's luxury housing market saw a 10% YoY sales surge in Q1 2024, with Mumbai leading the demand. Driven by rising incomes and spending power, the segment is poised for continued growth.
Mumbai's real estate market saw a 9% increase in property registrations and a 16% increase in stamp duty collections in April 2024, with millennials making up 37% of buyers.
Indian home prices are projected to increase by 4-6% this year, driven by rising incomes. CRISIL Ratings anticipates interest rate cuts to spur housing demand and sales.
India's ultra-rich are investing more in residential real estate, with 32% of their portfolio allocated to this sector, showing a shift in preferences and a growing appetite for luxury homes.
NRIs contribute to 15% of Bengaluru's housing sales, mostly from the US, Singapore, UAE, and Australia. They favor 2 & 3BHK units in North and East Bengaluru.
India's real estate market, projected to reach trillions by 2030, needs innovative financing solutions. REITs, despite tweaks, face low investor participation, while substantial capital remains trapped in low-yield fixed deposits.
Delhi-NCR sees 29 land deals covering 314 acres in FY 2024, with residential development driving demand
