Skip to main content

Industry News

/sites/default/files/2022-05/industry%20news%20image.jpg

Industry News

  • India’s retail realty expansion to continue led by urbanization, consumption growth The Economic Times

    Reflecting the dynamic evolution of India's retail sector, driven by increasing urbanization, rising consumer demand, and a robust economy, the completion of organized retail spaces is expected to surge significantly over the next five years. In response to the evolving preferences of modern shoppers seeking unique experiences, developers are also increasingly prioritizing the development of larger retail centres

  • Holiday home demand tapers off as rentals fall The Economic Times

    The surge in demand for holiday homes has diminished from its peak a year ago as the era of widespread remote work comes to an end with most companies now requiring employees to return to office, real estate professionals said. Developers in Goa and the country’s hilly regions said property purchases are now predominantly driven by individuals seeking permanent residences even as a fall in rental incomes is compelling many investors to reconsider their involvement in the market and explore alternative investment opportunities

  • Properties worth Rs 1.17 lakh crore sold by 18 listed realty firms in FY24; Godrej properties at top Moneycontrol.com

    Eighteen major listed real estate developers sold properties worth Rs 1.17 lakh crore during the last fiscal with Godrej Properties becoming the largest player posting Rs 22,527 crore of sales bookings. Except for a few realty players, all major developers have achieved higher sales bookings in 2023-24 compared to the preceding financial year. This was largely driven by strong demand for residential properties, especially luxury homes, across major cities.

  • Why is residential real estate one of the safest investment options in India? Financial Express

    As we navigate through the recent times, the Indian residential real estate market is emerging as a beacon of security for investors, making the housing market shine for those seeking stability and growth. The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. Buyers are now placing a greater emphasis on owning a home rather than opting for rental arrangements

  • AU Real Estate to invest INR 600 Crore in luxury project, The Sunflower, Ghaziabad media.biltrax.com

    AU Real Estate, an entity of the Aditya Builder, plans to develop its first luxury residential project called “The Sunflower” in Ghaziabad. The real estate developer will invest an estimated INR 600 Crore in this project. Situated in Aditya World City, off NH-24 in Ghaziabad, this uber-luxury development sprawls over an anticipated 6.94 Acres. AU The Sunflower comprises five towers having 30 floors each. The project offers 3&4 BHK high-rise apartments with sizes ranging from 2,700-4,000 SqFt. Each tower will include a 70,000 SqFt lobby area and balconied residences.

  • Housing in Delhi: Ultimate dream of people slipping out of reach citizenmatters.in

    Buying your own house represents the pinnacle of a person’s success. Own housing represents stability and growth and a peaceful life, either individually or with a family. However, I have seen that the dream of being a homeowner is increasingly becoming elusive for many families, particularly in the capital city of Delhi, where I live

    Read More

  • 154 skyscrapers in Mumbai Metropolitan Region, 207 under construction: Anarock Moneycontrol.com

    Mumbai Metropolitan Region (MMR) currently has 154 high-rise towers of more than 40 floors each and over 200 skyscrapers are expected to come up in the city till 2030, according to Anarock. Real estate consultant Anarock Chairman Anuj Puri said between 2019 and 2023, 154 high-rises with over 40 floors hit the MMR market. "...between 2024 and 2030, 207 more will be completed. These projects have already been launched across the region," Puri said

  • India's Housing Market: Luxury Leads The Way, Affordability On The Horizon timesproperty.com

    India's housing market is buzzing with positive developments, particularly in the luxury segment. Property experts predict a steady rise in average home prices, fuelled by a growing demand for high-end apartments. This trend signals a robust and thriving housing sector, reflecting India's strong economic growth. Luxury Fuels Market Confidence The demand for luxury apartments is soaring, driven by India's affluent population. This segment is experiencing significant growth, with projections indicating a six per cent annual increase in average home prices for the next two years.

  • Urban Shift in Central West Delhi: Analyzing the move from independent residences to high-rise condos Financial Express

    Central West Delhi is witnessing a significant transformation in residential preferences as more individuals and families transition from traditional builder floors and kothis to high-rise condominiums. This shift is influenced by factors such as enhanced security, superior amenities, and a community-oriented lifestyle.

  • $1.1 Billion Flows Into Indian Real Estate In Q1 2024, Residential Leads goodreturns.in

    The Indian real estate sector saw investments worth USD 1.1 billion in Q1 2024. The residential sector led the way, attracting around USD 693 million, as per a Cushman & Wakefield report. Residential Sector Gains Momentum The residential sector has been thriving due to strong housing demand and new supply. It drew numerous investors in Q1 2024, contributing over 63% of the total real estate investments for the quarter. Investment in the residential market for Q1 2024 was double the average of the last eight quarters.