Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property analysts who said more government intervention was needed to improve the situation. House prices in most major property markets were forecast to rise over 4% this year thanks to supply lags and expectations that top central banks will cut rates soon. That is a relatively modest appreciation as property values are already very high.

One of the most popular investment alternatives for Indians has always been the country’s real estate sector. Real estate has long been thought of as a secure and profitable investment that provides stability and long-term rewards. However, there has been a discernible change in Indians’ perspectives on real estate investing in 2024 due to changing circumstances and shifting market conditions. Let’s examine these evolving real estate investing trends

Shahid Kapoor and his wife, Mira Kapoor, bought a sea-view apartment in Mumbai's posh Worli area. The Bollywood star couple paid more than ₹60 crore for it, the Hindustan Times reported. According to registration documents accessed by IndexTap.com, the apartment is in the Oberoi 360 West project. The property transaction, worth ₹58.66 crore, was done on May 24, as per HT. Kapoor purchased a new apartment on the 24th floor from Chandak Realtors

A significant percentage of employers in India are taking active measures to promote diversity and gender parity through progressive policies, upskilling, and flexibility and have realigned their hiring strategies by mandating women hiring at every level across sectors, says a report.

Residential unit launches rose by 14% annually, according to research by Cushman & Wakefield in the first quarter of 2024. The northern submarket experienced a 45% surge in launches, while the eastern submarket accounted for 35% of the quarterly release of units. Branded developers accounted for 53% of residential launches. The mid-segment accounted for 69% of launches. Capital values of the east, north, and southern submarkets all rose by 5-6%, with rentals growing by 7-8% in east and southeast Bengaluru every quarter.

Coimbatore will see continued expansion in its residential real estate sector, the growth in its micro-markets fuelled by the availability of land and closeness to major commercial centres and the airport. Coimbatore, the second-largest city in Tamil Nadu, has firmly established itself as a major centre for manufacturing, education, and healthcare. Known for its thriving textile industry, Coimbatore hosts a vast array of micro, small, and medium enterprises (MSMEs) alongside large-scale manufacturing units, making it a significant hub for textile production.

Vadodara, known as Gujarat’s cultural capital, has seen a significant transformation in its real estate market over the last decade. The residential sector, in particular, has experienced notable expansion, reshaping the city and providing a variety of housing options. The city’s strategic location has enabled its real estate market to thrive, bolstered by a growing industrial sector, well-developed infrastructure, and a strong reputation as an educational hub.

India’s real estate market has witnessing a significant expansion, with some suggesting it might be approaching bubble territory. Interestingly, affordable housing—properties priced under Rs 60 lakh are not part of this boom. The challenge isn’t demand, since the desire for affordable homes remains high. The problem stems from a shortage in the supply of homes.

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India’s real estate sector is witnessing a significant surge in investments from non-resident Indians (NRIs), marking a remarkable shift in the market dynamics. Over the past year, the proportion of residential sales attributed to NRIs has risen sharply, now accounting for nearly 25 per cent of total sales at major developers, up from the pre-pandemic levels of 7-10 per cent.

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Over 328 million sq ft of office assets, valued at around $48 billion are Small and Medium (SM) Real Estate Investment Trusts (REITs) -worthy. Mumbai, Delhi NCR, and Bengaluru lead the SM REIT market, representing 73% of worthy assets in the top seven cities' office sector, a report by JLL – Property Share has said. The top seven SM-REIT worthy assets are located in Mumbai, Delhi NCR, Kolkata, Chennai, Pune, Hyderabad and Bengaluru.