News articles tagged Indian Real Estate Market

Bhopal Housing Sales Surge 10% in 2024, PropEquity Reports Luxury Demand Driving Growth

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 moves into Indore and purchases a 46-acre plot for planned development

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.

By selling 5.5 lakh square meters of land in FY25, Noida Authority hopes to raise Rs 3,700 crore

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 elimination of indexation benefits in real estate will discourage secondary market sellers

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 Rains: During the monsoon, the walk-in homebuyer’s activity slows down, impacting housing transactions

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.

Govt should prioritize housing to boost the real estate market, according to developers

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.

Five things the real estate industry anticipates from the finance minister’s budget in 2024

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.

India’s commercial real estate market: Surpassing the global recession

In 2023, India's commercial real estate thrives with $5.4 billion investments, led by Global Capability Centers, while global markets decline significantly.

Tenant news to rejoice about! The April-June quarter saw an average price correction of 5-10% in Bengaluru’s rental housing market

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 is the top option for Indian non-residents looking to buy mid-range and affordable homes

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.

Which hotel chain has the highest market value in India?

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.

How come India’s luxury real estate marketing is rebounding?

Forbes India explores luxury real estate trends, driven by high-net-worth individuals and booming equity markets. It showcases opulent homes and architectural innovations.

Top 8 cities’ home sales fell 6% between April and June

Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.

Why do wealthy Indians own the most real estate in London?

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: Important Information for All Property Owners

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.

Prominent areas near Jewar International Airport with room to grow

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.

More than 1,500 acres of land that real estate developers have recently acquired through JDAs: a JLL report

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.

Today marks the release of Kalki 2898 AD, starring Amitabh Bachchan, who purchased properties valued at more than Rs 100 crore in the past year

Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.

This is what it will cost you to be neighbors with Sara Ali Khan, Arjun Kapoor and Shatrughan Sinha

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 Saw a Major Dip

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.

What factors will dominate India’s real estate market in 2024?

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.

Infrastructural spiritual tourism: 17 tier-? cities are the upcoming real estate hot spots

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.

Current Trends and Prospects for the Indian Real Estate Market

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.

10 Things You Should Know About Election’s Impact on the Real Estate Sector

The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.

Colliers report that foreign investors invest more than $4 billion in Indian real estate each year

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.