RBI's 50-bps repo rate cuts have boosted Delhi's mid-segment housing demand, with a 15% rise in inquiries for homes between ₹50 lakh-₹1 crore. Lower EMIs and improved affordability are driving renewed buyer interest post-reduction.
JLL India forecasts Mumbai's residential market to approach peak affordability by 2025, driven by projected interest rate cuts and balanced price growth. Homebuyers may benefit from improved financing terms and reduced borrowing costs, creating favorable conditions for purchases.
Housing sales in Bhopal rose 10% to 3,565 units in 2024, with a 38% value increase to ₹2,344 crore, driven by rising construction costs and premium residential projects. Growth outpaced most tier-2 cities amid shifting buyer preferences towards luxury offerings.
Godrej Properties Ltd has acquired a 46-acre plot in Indore for residential development, enhancing its presence in the growing real estate market of the city.
Noida Authority projects Rs 3,700 crore revenue by selling land parcels in FY 2024-25, including group housing plots for Rs 1,080 crore and commercial land parcels for Rs 1,010 crore.
The real estate sector expresses concern over proposed elimination of long-term capital gains indexation benefits, seeing it as a potential hindrance to expansion and increased tax burdens.
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.
Finance Minister Nirmala Sitharaman presents Budget 2024, anticipating focus on affordable and middle-class housing. Industry seeks tax breaks, GST concessions, and incentives for developers and buyers.
In 2023, India's commercial real estate thrives with $5.4 billion investments, led by Global Capability Centers, while global markets decline significantly.
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.
The GROHE-Hurun India Real Estate 100 list highlights India's booming real estate market, driven by economic growth and investment, surpassing China in growth rate.
Forbes India explores luxury real estate trends, driven by high-net-worth individuals and booming equity markets. It showcases opulent homes and architectural innovations.
Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.
Indian high-net-worth individuals increasingly choose London for real estate investments, drawn by favorable market conditions and educational prospects for their children.
Section 106 of the Transfer of Property Act (TPA) governs lease termination in India, outlining notice periods and procedures for landlords and tenants to ensure smooth transitions.
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.
JLL reports 56 Joint Development Agreements (JDAs) signed between landowners & developers in India, covering 1,546 acres, with 97% for residential projects, from Jan 2023 to Jun 2024.
Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.
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.
India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Colliers identifies 17 Indian cities as emerging real estate hubs driven by hybrid work models, digital penetration, and government initiatives, with market expected to reach $1 trillion by 2030.
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.