Forbes India explores luxury real estate trends, driven by high-net-worth individuals and booming equity markets. It showcases opulent homes and architectural innovations.
Indian real estate anticipates Union Budget 2024 to address key reforms. Industry leaders seek reduced construction costs, industry status, and single-window clearance to boost growth and achieve the projected $1 trillion market size by 2030.
The Indian real estate market sees a revival with institutional investments reaching $2.5 billion in Q2 2024, driven by foreign investors and strong growth in industrial and residential sectors.
Amitabh Bachchan invested over ₹100 crore in real estate in Ayodhya, Alibaug and Mumbai. Office spaces were purchased in Mumbai's Signature building.
Hyderabad's residential real estate market experienced a significant downturn in Q2 2024, with sales plummeting 36% QoQ. New launches also declined, signaling overall market slowdown.
India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Mumbai's rental market growth, driven by redevelopment projects, is cooling down in 2024. Increased supply of redeveloped homes is stabilizing rents after a surge between 2021 and 2023.
India's emerging real estate hotspots are set to play a crucial role in the nation's economic growth, driven by infrastructure developments and tourism, according to Colliers' report.
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.
GIFT City real estate prices surge 10-20% after Gujarat relaxes 60-year liquor ban. Increased demand, tax breaks, and improved infrastructure drive growth in residential and commercial sectors.
Faridabad is emerging as a prime location for luxury residential development, offering larger, more affordable properties compared to Gurgaon and Noida, boosted by infrastructure improvements and increased connectivity.
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.
India's real estate market soared in 2023, exceeding expectations. Homeownership is favored over renting. Experts predict promising 2024 due to resilience and affordability.
Akash Pharande of Pharande Spaces examines past real estate trends during elections and forecasts future trends, highlighting the positive impact of elections on the market.
Suraj Morajkar of Sun Estates Developers aims to redefine luxury housing by blending it with Goan heritage. Morajkar emphasizes sustainability, innovation and community.
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.
Offbeat real estate destinations like Sonipat, Bhiwadi, and Panchkula are gaining traction due to their blend of affordability, lifestyle amenities, and infrastructure developments.
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 luxury housing market saw a 10% YoY sales surge in Q1 2024, with Mumbai leading the demand. Driven by rising incomes and spending power, the segment is poised for continued growth.
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.
MahaRERA orders L&T Realty to return payment with a 2% deduction, following a similar ruling against Godrej Properties.
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.
Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.
Migsun Group is investing ₹426 crore in a mixed-use project in Lucknow, featuring studio apartments and retail spaces. The project, approved by RERA, targets both investors and end-users.