The country’s commercial real estate sector is experiencing growing demand for certified green buildings. Tenants, particularly global capability centres (GCCs) and IT/IT-enabled services (ITeS) companies, which collectively account for 50-60% of net office leasing, are increasingly seeking sustainable, eco-friendly spaces. This shift is driven by rising environmental compliance requirements and heightened awareness of sustainability, according to rating agency CRISIL on February 25.

The Municipal Corporation of Delhi (MCD) on Monday announced a house-tax waiver scheme, allowing residents to clear their 2024-25 dues while getting all previous pending taxes written off.

The Indian real estate landscape is undergoing an incredible transition as luxury living becomes increasingly accessible to the ambitious and aspirational middle class. As metropolitan city peripherals constantly battle space constraints and ever-increasing prices, such areas are unfolding as the new preferences for premium residential developments, offering an attractive concept for developers and homebuyers.

Yogen Shah, Supply Chain Director at Petrofac, has raised concerns about India's soaring real estate prices, questioning why there has been no correction despite hyperinflation. In a LinkedIn post, he compared property rates in Indian metro cities to those in the US and Europe, highlighting the stark contrast in GDP and per capita income. 

As Hyderabad property prices continue to increase, the Telangana government has accelerated its initiative to offer cheap housing for middle- and lower-income groups. The Telangana Housing Board (THB) has been made the main implementing agency of the state's new affordable housing policy. According to internal sources, the policy is to be finalized in coming months.

From layouts that conform to Vastu Shastra to additional parking space; compact versus bigger homes; preference depending on the storey the flat is on; considerations of metro cities compared to emerging towns—these are some of the parameters used in how India searched for homes in 2024. According to data provided by Magicbricks, some unique trends are spotted across the country when it comes to buying a home in India.

Housing sales in Bhopal, the capital of Madhya Pradesh, has risen 10 per cent to 3,565 units during the last year while the growth was 38 per cent in value terms to Rs 2,344 crore, according to PropEquity.

Real estate data analytic firm PropEquity data showed that sales in Bhopal's primary residential market stood at 3,565 units in 2024 as compared to 3,238 units in the preceding year.

Rental values across key Indian cities have surged significantly, making renting increasingly unaffordable for end-users. The Rent to Price Growth Differential (RPGD) by Magicbricks indicates that cities where rental appreciation has outpaced capital value growth—such as Mumbai (3.61), Greater Noida (2.27), Delhi (2.12), Chennai (1.76), and Ahmedabad (1.46)—are becoming costlier for tenants.

India Ratings and Research (Ind-Ra) opines that tier-1 residential real estate (RE) players witnessed a three per cent year-on-year decline in sales volumes in 9MFY25, in terms of the area sold. The sales volumes for the third quarter of FY25 were 18 per cent lower year-on-year. However, the sales value increased by nine per cent year-on-year in 9MFY25, owing to higher property prices.

Gurugram has long been a dominant player in India’s real estate market, but 2024 has been a game-changer. Not only have the property prices nearly doubled, but recent developments have also positioned the city as one of the fastest-growing real estate markets in the country. A significant increase in the number of new launches of high-end residential complexes and marquee luxury projects has further contributed to the city’s rising prominence in the country’s realty landscape, solidifying its status as a preferred destination for investors and end-users alike.