Foreign Investment in India’s Real Estate Sector Soars 139% YoY in Q3 2024

India’s real estate sector experienced a notable boost in foreign investment, rising 139% year-on-year to USD 436 million in Q3 2024. Overall institutional investments reached USD 960.8 million, reflecting strong confidence in the market despite a quarterly decline. Chennai emerged as the leading city for investment, primarily in industrial and commercial sectors.

Oberoi Realty Records Rs 1,348 Crore in Gross Bookings at Oberoi Garden City Thane Launch

Oberoi Realty has achieved remarkable success with the launch of Oberoi Garden City Thane, recording gross bookings of approximately Rs 1,348 crores within the first three days. This integrated development, spread across 75 acres, offers luxurious living spaces and over 30 amenities, aiming to set a new standard for upscale living in Thane.

Golden Abodes Expands Luxury Real Estate Presence in Goa

Golden Abodes has expanded its luxury real estate footprint in Goa with the launch of two premium projects: Anantam Signature in Dona Paula, featuring opulent sea-view apartments, and Avisa in Goa Velha, designed for community living amidst lush landscapes. Both developments reflect the company’s commitment to quality and excellence in Goa’s vibrant market.

Festive Real Estate Market Sees Rs 350 Crore in Sales Over Dussehra Weekend

The Guardians Real Estate Advisory has achieved a significant milestone by recording Rs 350 crore in sales during the Dussehra weekend. This success underscores the positive buyer sentiment during the festive season, as families embrace the auspicious occasion to invest in real estate.

MahaRERA’s Conciliation Forum Redresses 1,749 Complaints

MahaRERA’s Conciliation Forums have redressed 1,749 complaints from homebuyers, emphasizing timely and amicable resolutions. With 533 ongoing hearings and expanding operations, the initiative is gaining traction both within Maharashtra and in other states seeking to adopt similar models.