GIFT City real estate prices surge 10-20% after Gujarat relaxes 60-year liquor ban. Increased demand, tax breaks, and improved infrastructure drive growth in residential and commercial sectors.
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.
India's office sector is on the rise, with REITs significantly expanding portfolios and demand projected to exceed 70 million square feet by 2024.
Fractional ownership is democratizing access to high-value commercial real estate for retail investors in India, with market growth projected to reach USD 8.9 billion by 2025.
DLF plans to enter Mumbai residential market with flats priced between Rs 6 and 8 crore, and launch 62 villas in Goa priced between Rs 40-50 crore.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.
Akash Pharande of Pharande Spaces examines past real estate trends during elections and forecasts future trends, highlighting the positive impact of elections on the market.
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.
TCG Real Estate secures Rs 714 crore funding from SBI for World Trade Center project in Gurgaon, with a leasable area of 1 million square feet.
The Asia-Pacific real estate market faces volatile conditions driven by interest rate changes, although the concerns around COVID have lessened. India's investments have risen by 16%.
India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities.
Co-working spaces are reshaping commercial real estate, offering flexible solutions. They present financial opportunities for investors, but risks must be considered for success.
NAREDCO and Kedia Corporate Advisors presented a webinar on Small and Medium REITs after SEBI's regulatory changes. Discussions covered benefits, regulations, and market impact.
Elon Musk's Tesla is in talks with major real estate developers for showroom space in New Delhi and Mumbai. The company is looking to rent between 3,000 and 4,000 square feet.
Irfan Razack's family wealth hits $1 billion as Prestige Estates Projects shares surge. The company, now India's second-largest, boasts global brand tenants.
Migsun Group is investing ₹426 crore in a mixed-use project in Lucknow, featuring studio apartments and retail spaces. The project, approved by RERA, targets both investors and end-users.
Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.
Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.
Pawan Bhadana, renowned real estate tycoon, was found dead in his Noida home, sparking discussions on mental health support within high-stress industries.
Knight Frank India appoints Harry Chaplin Rogers as Director of International Capital Markets to bolster investment opportunities for clients in the flourishing Indian real estate market.
Comparing Godrej Properties and DLF for better long-term investment prospects amidst a notable upswing in the real estate market, driven by high pre-sales numbers.
UP to witness real estate boom with Rs 50,000 crore projects, creating numerous jobs for youth
Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.
Indian real estate sees 39% drop in US investments in 2023, yet office space remains most popular asset, attracting 52% of all investments.
Indian HNWIs and UHNWIs display strong economic optimism, with 71% planning real estate purchases in the next two years, driven by capital appreciation.