South Indian cities such as Chennai, Coimbatore and Bengaluru have emerged as the epicenter of the country's senior living boom, commanding almost 60% of the market share of the overall 20,000 housing units currently available under the segment compared to North Indian cities that comprise 20% share, the West 16% and the East just about 4%, a report by JLL and the Association of Senior Living India has said.

The UP cabinet on Friday approved seed capital of ₹4164.16 crore under 14 government schemes to nine development authorities, including the LDA and the UP Housing Development Board, for urban expansion. This would help towards well planned development of urban areas and provide housing facilities to the urban population.

India's 26 major listed real estate firms have sold properties worth nearly Rs 35,000 crore during the September quarter with Godrej Properties reporting highest sales bookings.

According to the data compiled from regulatory filings, the 26 major listed realty firms have reported a combined sales bookings of Rs 34,985 crore in the second quarter of the current fiscal year.

Bulk of pre-sales (sales bookings) came from residential segment.

A few days ago, Boman Irani, CMD of Mumbai-based Rustomjee Group, also known as Keystone Realtors, had stated that he does not lose sleep over new real estate developers from other cities wanting to enter the redevelopment space in the financial capital. He rather looks at it as an advantage because “they bring with them a healthy competitive spirit.”

The National Capital Region (NCR) has experienced a remarkable 137% increase in housing prices, driven by renewed investor confidence, positive homeownership sentiments, extensive infrastructure projects, and escalating land and construction costs. Notably, between 2019 and September 2024, areas such as Noida, Gurugram, Ghaziabad, and Greater Noida have seen their prices more than double, as reported by PropEquity.

Delhi’s Khan Market has once again retained its status as a global retail hotspot, ranking as the 22nd most expensive main street internationally with an annual rent of over ₹19,000 per sq ft, according to Cushman & Wakefield’s Main Streets Across the World report.

The recent surge in demand for ultra-luxury homes is intricately linked to the increasing global wealth, especially noted in the Asia-Pacific regions. This rise in high-net-worth individuals is not just influencing real estate as an investment but also as a lifestyle choice, reflecting their personal success and stature. In 2023, the wealth of these individuals not only reached record levels but also showed a robust rebound, indicating their growing influence on the luxury real estate sector.

Bhiwadi, commonly known as the ‘Gateway of Rajasthan’, has experienced considerable growth in its real estate sector in recent years. Located along the Bhiwadi-Alwar State Highway, this rapidly-developing industrial town is increasingly favored by both end-users and investors, thanks to its strong connectivity and cost-effective housing alternatives.

Strategic Location and Connectivity

Demand for luxury homes has surged across India's top seven cities post-pandemic, leading to record sales and new launches, according to ANAROCK’s latest report. In H1 FY2025, the average ticket size of homes in these cities reached Rs 1.23 crore, up from Rs 1 crore in the same period of FY2024.

Policymakers are rising to this demand and developing solutions for transformative ground-level impact. Schemes like the Pradhan Mantri Awas Yojana (PMAY), for example, provide subsidies and support to the lower and middle classes living in very congested dwellings, unorganised colonies and even slums. Amidst the escalating challenge of providing affordable housing, there’s a glimmer of hope in the proactive measures undertaken by the government.