MMRDA, which hopes to raise nearly Rs 6,000 crore by leasing out seven of its land parcels in BKC, has found no taker for the three residential plots put up for financial bids but has managed to attract interest in three commercial ones.
Designers are redefining modern luxury living, shifting the focus from wide, compact layouts to spacious, well-lit, and highly functional areas. Today, luxury is defined by the ability to personalize one’s home, making customization a key feature for discerning buyers. For example, many high-end apartments are now designed with smaller, more efficient wardrobe spaces. Once considered a luxury, balconies are making a strong comeback across Indian cities, offering residents a private outdoor retreat.
In recent years, the construction industry has increasingly prioritised sustainability and environmental responsibility to address climate concerns and resource conservation. This shift has led to the widespread adoption of green certificates, which recognise buildings that incorporate energy-efficient designs, sustainable materials, and eco-friendly construction practices. These certifications ensure that properties adhere to strict environmental standards, reducing carbon footprints and optimising resource use.
Dr. Niranjan Hiranandani is the founder and chairman of the Hiranandani Group. He is widely recognized for transforming Mumbai’s skyline and is often hailed as the Realty Czar of Indian real estate. Additionally, he has expanded his ventures by establishing a new business vertical, Hiranandani Communities.
The peaking home prices in Hyderabad are finally expected to hit pause in 2025. And it is thanks to the city reverting to being an end-user market, not driven by investors, say industry pundits.
The Lucknow Development Authority (LDA) has initiated the bidding process for its ambitious IT City project on Sultanpur Road, inviting private developers to participate. Spanning over 1,500 acres, the integrated project aims to create a hub for IT companies, commercial spaces, and residential developments. The bidding deadline is set for March 5.
The real estate and construction sectors are among the top targets of ransomware threats, just behind the manufacturing and IT industries, cybersecurity experts pointed out at ‘SHIELD-2025', organised by the Telangana Cyber Security Bureau (TGCSB) and the Society for Cyberabad Security Council (SCSC) in association with The Times of India on Wednesday.
In 2025, the Indian real estate sector will likely enter a transformative journey, driven by strengthened market sentiments, high demand, and new supply across key segments. The industry is projected to expand to $5.8 trillion by 2047, increasing its GDP contribution from 7.3 per cent to 15.5 per cent. This year, the sector is expected to be a landmark year, marked by record-breaking retail and office leases, a decade-high in residential sales and launches, and soaring consumer confidence in the sector.
Real estate companies dominated the qualified institutional placement (QIP) market in 2024 by raising Rs 22,320 crore, according to data provided by Anarock Research.
Overall, Indian companies raised Rs 141,482 crore through 99 QIPs in the year – a record. QIPs fundraising across sectors increased by 75 per cent over the previous record of Rs 80,816 crore in 2020.
About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. “The rents here are insane. I saw a semi-furnished 400 sq ft one-bedroom apartment costing around ₹35,000 per month. I thought that rents were high in Mumbai, but I’m surprised to find this in Bengaluru,” Gowda said.
