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.
The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.
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.
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.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Kashmir's real estate sector faces turmoil with declining demand, increasing sellers, and falling property prices due to economic uncertainties.
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.
India's real estate sector drives economy, undergoes lifestyle-driven transformations, and poised for global leadership with massive growth potential.
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.
India's ultra-rich are investing more in residential real estate, with 32% of their portfolio allocated to this sector, showing a shift in preferences and a growing appetite for luxury homes.
Delhi-NCR sees 29 land deals covering 314 acres in FY 2024, with residential development driving demand
India's real estate market sees surge in land transactions, driven by luxury living demand, with 58% increase in land deals since 2022, and growing traction in Tier 2 and 3 cities.
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.
India's Q1 2024: 9% rise in home sales, 43% surge in office leasing, driven by global capacity centers, with Mumbai leading residential growth.
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.
Indian real estate began 2024 strongly, with residential property demand rising despite price increases. Top cities saw increased housing sales, indicating market resilience.
India Aims for Developed Real Estate Sector by 2047 for Sustainable Urbanization
A settlement between the National Association of Realtors and a lawsuit will make real estate agent compensation negotiable, potentially lowering broker fees. Buyers may need to pay agents directly.
National Association of Realtors settles antitrust lawsuits, ending fixed commission regulations and potentially lowering home buying costs. This could reshape the real estate landscape, impacting commissions and company profits.
The recent release of electoral bond data by the Election Commission reveals substantial political contributions from various real estate companies, led by DLF and Chennai Green Woods.
MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.
UP to witness real estate boom with Rs 50,000 crore projects, creating numerous jobs for youth
Bengaluru's rental inflation exceeds Singapore's due to a 20-30% rent increase, driven by companies ending work-from-home policies.