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.
DLF plans to enter Mumbai residential market with flats priced between Rs 6 and 8 crore, and launch 62 villas in Goa priced between Rs 40-50 crore.
Hines Realty from the US plans to enter India's residential market through joint ventures, focusing on mid-segment housing and possibly hotel projects in Delhi-NCR and Mumbai.
Mumbai property rates soar 66% in four years due to land scarcity and limited supply, defying expert predictions of price correction.
Home sales across major Indian cities continue to plummet despite developers offering incentives, with Hyderabad experiencing the steepest decline of 46%.
Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.
Mumbai Sees Rapid Residential Price Growth, Tops at Rs 97,842/sqft
Mumbai's realty market sees price hike of 5-15% across developments, with high-end flats in Mahalaxmi selling at ₹25,000/sqft, a 25% rise from comparable properties.
New Delhi tops as India's most expensive city for expats, globally ranks 65th in cost of living.