Gurugram Metro Extension Set to Boost Real Estate Growth

Haryana Chief Minister Nayab Singh Saini has announced that work on the Gurugram Metro extension will begin by May 1, 2025. The 29-kilometre line will connect key areas like Millennium City Centre, Cyber City, and the Railway Station, enhancing city-wide connectivity. Experts predict a surge in real estate demand in surrounding areas, as the metro extension is expected to significantly reduce travel times and improve access to business hubs, making Gurugram an even more attractive destination for investors and homebuyers.

Sussanne Khan Rents Apartment for Rs 2.37 Lakh per Month Jogeshwari West

Interior designer Sussanne Khan has leased a 2,329 sq. ft. apartment in Mumbai’s upscale Jogeshwari West for Rs. 2.37 lakh per month. The property, located in Agarwal Ind Estate, offers easy access to major business hubs in the city. The deal was formalized in December 2024, with a stamp duty of Rs. 13,500 and registration charges of Rs. 1,000. Khan, the ex-wife of actor Hrithik Roshan, is also the founder of luxury interior design firm The Charcoal Project.

Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each

In 2024, Lodha Golfview in Palava recorded two standout property transactions, each valued at ₹8.5 crore, signaling a shift in the Kalyan-Dombivli market toward luxury real estate. These high-value sales highlight the growing demand for premium homes in emerging locations outside Mumbai’s traditional luxury neighborhoods. With properties priced at ₹15,200 per square foot, Palava is reshaping perceptions of luxury living in the Mumbai Metropolitan Region.

Housing Sales Fall 4% in 2024, But Value Jumps 16% in Top 7 Cities

India’s housing market experienced a mixed performance in 2024, with overall sales volume declining by 4%, but the sales value rising by 16%. MMR and Bengaluru led in sales, while luxury housing demand soared. Despite a drop in new launches, the market saw significant price increases, particularly in Delhi-NCR, where prices rose by 30%. The outlook for 2025 remains optimistic with steady growth expected, driven by continued demand and new supply from developers.

MHADA Resolved Over 50 Grievances Since 2024

MHADA will conduct its Eighth Lokshahi Din on January 13, 2025, at its Bandra East headquarters, continuing its citizen-centric initiative that has resolved over 50 housing, redevelopment, and tenancy grievances since January 2024. The platform, led by Sanjeev Jaiswal, enables citizens to directly address their issues with senior officials, ensuring transparency and accountability.