News articles tagged MMR

Why real estate in Mumbai is so desirable to everyone?

Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.

Delta Corp. and its partners set up a Rs 765 crore real estate platform for Mumbai redevelopment

Delta Corp is launching a real estate development platform in MMR with an investment of Rs 765 crore, focusing on residential redevelopment and plotted development.

Mumbai’s real estate players predict robust growth within MMR

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.

Mumbai-The way micro markets are defining real estate

Mumbai's real estate is transforming with the rise of micro-markets like Dombivali and Thane. These areas offer unique opportunities, catering to specific demographics and lifestyle needs, driven by improved connectivity and infrastructure.

Godrej Properties saw sales bookings of Rs 22,500 crore in FY24, an 84% increase from the previous year

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.

Report: Over 3 crore jobs were created in India’s real estate sector in the last ten years

Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.

Real estate developers are purchasing more land

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.

India’s fast-moving luxury real estate market: Why

The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.

India’s Top 8 Housing Markets See 22% Increase in Sales and Bumper Growth: Report.

India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.

Commercial real estate increased by 7% in India’s main Tier-1 cities.

The supply of commercial real estate in India's major Tier-1 cities increased by 7% in Q3 2023, reaching 14.61 million square feet. Hyderabad and Bengaluru led the growth.

Delhi: Homes Sells Faster Than Mumbai

Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.