Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.
Developers from Bengaluru and Mumbai increase footprint in each other's cities, driven by growth, sales velocity, and better margins, with some finding lower land prices in Bengaluru attractive.
Top 25 real estate developers contributed over Rs 630 crore to political parties via electoral bonds between 2019 and 2023, with the BJP receiving the largest share of Rs 314 crore.
India’s second-largest reputed developers, Prestige Group, have won the FIABCI World Prix d’Excellence award, showcasing their leadership in the real estate market.
HDFC Property Ventures and Temasek are negotiating a potential Rs 625 crore investment in Prestige Group, which seeks a business valuation of $1 billion.
Prestige Group, led by Irfan Razack, reflects on the success of The Forum mall in Bangalore, highlighting the critical factors for retail success in India's booming mall culture.
Despite a real estate slowdown, land deals in India thrived in Q1 2008, reaching Rs 23,000 crore, with another Rs 10,000 crore in the pipeline.