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.
Irfan Razack's family wealth hits $1 billion as Prestige Estates Projects shares surge. The company, now India's second-largest, boasts global brand tenants.
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.
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.
Indians have become the largest group of property buyers in Dubai, driven by factors such as high rental yields, tax-free investments, and global diversification.
Bengaluru's housing sales fell by 2% in Q1 2024, primarily due to a significant drop in affordable housing, while office space demand remained stable.
The government has successfully sold 4.8 lakh square feet of commercial space for Rs 1,905 crore in South Delhi, attracting several significant buyers.
UPRERA mandates real estate developers to register projects under names on approved maps, sell only by carpet area, and include co-allottees in complaints.
Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.
Noida's real estate market is poised for growth with the development of "Japanese" and "Korean" industrial cities, attracting foreign investment and boosting infrastructure.
Indian real estate began 2024 strongly, with residential property demand rising despite price increases. Top cities saw increased housing sales, indicating market resilience.
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.
A report highlights the challenges faced by women in India's construction industry, including low representation, high attrition, and the need for better support systems and pay equality.
Shevgaon, renowned for cotton and sugarcane, now faces a wave of illegal portfolio management services promising high returns. Residents are taking loans and moving funds from safer investments to invest in these services, leading to financial catastrophes and suicides.
MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
Foreign investments made up 77% of institutional investment in Indian real estate from 2019 to 2023, indicating strong global confidence in the sector.
Signature Global plans to complete 28 projects in Gurgaon and Sohna by 2026, targeting revenue of Rs 11,000 crore from affordable and mid-segment units.
Mahindra Lifespace Developers Ltd. acquired 9.4 acres in Bengaluru for a Rs. 1,700 crore residential project, focusing on mid-premium housing and spanning 1.2 million sq ft.
Coimbatore's thriving economy and strategic projects are attracting investors to its rising real estate market, especially in residential and commercial sectors.
The Supreme Court directed Lodha Crown Buildmart to reimburse a homebuyer ₹2.25Cr with 12% interest for a delayed apartment in Lodha Evoq, Wadala, overturning NCDRC's order.
Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.
Ghaziabad's circle rates, crucial for property transactions and stamp duty, are determined by property type, location, and infrastructure. Check the latest rates online.
The Urban Land Institute's Annual Conference in Mumbai will address urban development challenges, featuring prominent leaders sharing insights on various real estate issues.
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.
DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects.