India’s battle against worsening air quality is reshaping its residential real estate landscape. As urbanization, industrialization, and population growth propel this environmental challenge, home buyers are increasingly seeking healthier living spaces. The heart of the problem: City centres Indian city centres, notorious for their high pollution levels, suffer from several contributing factors: Traffic congestion: The bustling city centres, with their dense population and heavy traffic, lead to significant vehicular emissions.

Millennials are increasingly looking toward alternative avenues to secure their financial future, beyond just traditional sources of investment. One such avenue that has piqued the interest of this generation is real estate. However, successful real estate investment requires several critical considerations. Here are the top five points to look out for, while investing in luxury real estate that cater specifically to the millennial mindset.

Sustainable living has emerged as a cornerstone of modern society, driven by the growing awareness of environmental challenges and the desire for a healthier, more equitable future. In this context, Millennials and Gen Z stand at the forefront of a movement towards sustainable housing, demanding homes that prioritize environmental stewardship, social responsibility, and community well-being.

Realtors in Vizag city and surrounding districts are looking forward to a revival in demand for housing and office space after June (after election results). However, experts ruled out an immediate easing of slowdown and expressed that the demand would be revived only in the medium term after the economy picks up pace. A majority of the realtors and property investors in city and other parts of the state have been awaiting the election results to be announced on June 4.

India needs around 2 billion square feet of healthcare infrastructure to effectively cater to its current population of 1.42 billion. Consequently, the healthcare real estate sector is rapidly expanding to meet this demand and bring the country’s economy in line with global standards, according to Knight Frank’s survey. According to Strata’s Navigating healthcare real estate report, the industry deals with buildings and spaces specifically designed for use by healthcare providers and organisations.

India needs around 2 billion square feet of healthcare infrastructure to effectively cater to its current population of 1.42 billion. Consequently, the healthcare real estate sector is rapidly expanding to meet this demand and bring the country’s economy in line with global standards, according to Knight Frank’s survey. According to Strata’s Navigating healthcare real estate report, the industry deals with buildings and spaces specifically designed for use by healthcare providers and organisations.

Amid rising demand for residential properties around the IT hub and intense competition among developers, real estate companies in western Hyderabad are launching innovative housing options to attract buyers. These offerings include a variety of options such as hybrid homes, hilltop apartments, and exclusive 2 BHK/3 BHK units or even triplexes, all tailored to meet the diverse preferences of buyers.

The Yamuna Expressway industrial development authority (Yeida) has decided to acquire 6,000 hectares of agricultural land to develop a city near the Noida International Airport along the Yamuna Expressway, people familiar with the matter said. Yeida said demand for residential, commercial, institutional, and other kinds of land has increased because the Noida airport is set to become operational by the end of 2024. Yeida has earmarked ₹14,000 crore to acquire 6,065 hectares of land in the next two years, they added.

In recent years, the residential sector has witnessed a significant shift away from the “Uberisation” trend, where renting was preferred over owning homes. This trend, which mirrored the disruptive influence of ride-sharing services like Uber in the transportation industry, gained momentum, particularly among younger generations who prized flexibility and were wary of long-term commitments associated with homeownership. However, recent data and insights suggest a notable change in consumer preferences post-COVID, indicating a resurgence in the desire for homeownership

The Data Centre (DC) industry in India is set to witness remarkable growth, with projections of adding 791 MW capacity by 2026. This expansion will drive a demand for 10 million square foot (msf) of real estate space, attracting investments worth $5.7 billion. The surge is primarily fuelled by the increasing adoption of Artificial Intelligence (AI). As usage of AI gains pace, the demand for Indian DCs is expected to be in the range of 650-800 MW during 2024-26.