Thane’s residential market booms as property registrations rise 17% YoY in January 2025, driven by buyer demand and government policies supporting homeownership.
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.
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.
India's real estate sector attracts $1.1 billion in Q1 2024, with residential sector leading investments at $693 million, driven by strong demand and supply.
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.
Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.
Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.
The Indian real estate market is projected to reach $1.3 trillion by FY 2034, significantly impacting the economy, driven by residential demand and commercial development.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
Hyderabad's demand for 3BHK homes is driven by changing lifestyles and financial factors, prompting developers like IRA Realty to meet this trend with new projects.
Due to the Covid-19 pandemic, approximately 25 commercial projects in Ahmedabad have been converted into residential housing schemes, driven by housing demand.
CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.
Delhi-NCR sees a surge in affordable housing demand, with Gurugram leading the way. Anarock's survey reveals a 10% increase in demand during the pandemic.
Kokapet is witnessing a surge in demand for non-branded bungalows, attracting both locals and migrants, thanks to its competitive pricing and convenient location.
Mumbai's real estate development is focused on utilizing 13,000 hectares of land from no development zones to address the housing demand and prioritize affordable housing.
The growth of IT parks in Whitefield has led to a surge in demand for residential options, making it a sought-after area for professionals in Bangalore.
Vertical development in India, driven by land scarcity and housing demand, fuels a 40% annual growth in the elevator industry, particularly in the housing sector.
Vasundhara Enclave in Delhi-NCR has the potential to attract end-users but is facing weak demand for housing units. Property prices are stable with low demand.
Lucknow is emerging as a prime real estate hub due to infrastructure growth and connectivity. IT city and international stadium boost investment and housing demand.
Gurgaon's luxury housing market is shifting towards mid-segment luxury apartments, driven by rising property prices and a preference for premium amenities within a more affordable price range.
Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.
Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class
RBI's rate cuts have reduced home loan interest rates, reviving the residential market and boosting buyer sentiment across India.
NAREDCO urges the government to grant infrastructure status to the entire housing sector to gain tax benefits and stimulate housing demand.