Nainital's property prices surge by 13% YoY, with average rates reaching ₹6,633/sqft. The market shows a 6X range from ₹2,272 to ₹12,000/sqft, reflecting demand diversity and upward trends in residential and commercial segments.
The Indian real estate market in 2024 highlights shifts toward lifestyle-centric homes, affordable housing, suburban living, eco-friendly options, and digital house hunting.
India's real estate market is expected to see a flurry of new residential launches in 2024. The sector is resilient, driven by demand, tech adoption and investment from NRIs.
North Goa presents lucrative real estate investment opportunities due to its thriving tourism and infrastructure. Calangute, Mapusa, and Porvorim offer high rental income potential.
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately.
Duplex and triplex apartments are redefining ultra-luxury living in Mumbai, offering spacious vertical living in prime locations like Worli and Bandra.
Mumbai's real estate market experiences a typical monsoon slump, but post-COVID-19, pent-up demand and waterlogging have significantly influenced pricing and transaction volumes.
Union Budget 2024 boosts real estate market, allocates Rs 10 lakh crore for urban housing, benefiting one crore poor and middle-class families, developers, and homebuyers.
Dwarka, Delhi, is increasingly seen as a prime investment area due to its high rental potential driven by excellent connectivity and nearby educational institutions.
Bengaluru's rental housing market saw an average price correction of 5-10% during the April-June quarter of the current calendar year, driven by tenants moving to the outskirts and the growth of co-living options.
Bengaluru remains a top choice for NRIs investing in residential real estate, driven by the city’s favorable climate and growing property values despite traffic issues.
Forbes India explores luxury real estate trends, driven by high-net-worth individuals and booming equity markets. It showcases opulent homes and architectural innovations.
Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.
Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.
In Mumbai, short-term property rentals (2-6 months) are possible but often come with higher costs due to limited availability and landlord premiums.
Actress Kirti Sanon has acquired a premium plot in Alibaug from The House of Abhinandan Lodha, joining Amitabh Bachchan as neighbors. The demand for luxury real estate in Alibaug is on the rise.
Pune's priciest penthouse sold for Rs 37 crore in Lodha One, Bund Garden. Luxury apartment deals surge, with 32 transactions exceeding Rs 10 crore in two years.
YEIDA offers 361 residential plots near Noida International Airport. Application deadline is August 5, 2024, with plot sizes ranging from 120 to 4,000 square meters.
The average capital values of completed and under-construction properties in Gurgaon witnessed significant growth, with micro-markets like New Gurgaon and Dwarka Expressway showing substantial upticks. North Goa also saw a surge in villa prices due to rising demand from remote workers.
The Jewar Airport promises to boost real estate in its vicinity with substantial developments. Key areas to invest include Jewar, Sector 22D, Dankaur, Sector 150, and Chi 5.
Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.
Dwarka Expressway significantly boosts Gurgaon's real estate, attracting investors and homebuyers with improved connectivity and infrastructure. Property values and economic activity are expected to rise.
Mumbai's property registrations rose by 11% in June 2024, with a significant increase in stamp duty collections, showcasing the market's resilience and growing buyer confidence.
A prime property in Juhu Vile Parle Development, Mumbai, is set to be auctioned due to failed payments to State Bank of India and Union Bank of India. The residential building houses Bollywood celebrities like Sara Ali Khan, Arjun Kapoor, and Shatrughan Sinha.
Hyderabad's residential real estate market experienced a significant downturn in Q2 2024, with sales plummeting 36% QoQ. New launches also declined, signaling overall market slowdown.